06/01/2016
The European Securities and Markets Authority (ESMA) has published an opinion in response to the European Commission's request that ESMA amend its draft regulatory standard 20 under the Markets in Financial Instruments Directive (MiFID II) and Regula
05/31/2016
The UCITS V provisions seek to address certain perceived weaknesses in the UCITS regime, particularly following the Madoff fraud and the default of Lehman Brothers.
05/31/2016
Italy has emerged as the most vocal critic of the proposals, which disproportionately affect its domestic banking system.
05/30/2016
My Week: From an oligarch’s troubles, to a gathering of the City’s most powerful bankers at Chelsea Flower Show
05/30/2016
The deal still needs to be cleared by a number of regulatory authorities, including the European Central Bank, the Bank of Spain and the Bank of Italy.
05/30/2016
'It’s not the bureaucracy, it’s not the police, it’s not the politics but what is corrupt is the financial capital'
05/30/2016
The firm will trade as ‘Linder Myers, part of Metamorph Law’ from its Spring Gardens office in Manchester, as well as its bases in Lytham, Chester and Shrewsbury.
05/30/2016
Now it will also investigate how many pension schemes are at risk of failing.
05/27/2016
It’s disappointing that the Bank has stuck to its soft policy on bank capital.
05/27/2016
By signing the administrative agreement, the FCMC and ABLV Bank have agreed on amicable settlement to terminate the administrative matter initiated by the FCMC.
05/26/2016
Regulatory proceedings are usually adjourned when there is a parallel criminal trial to avoid publicity that would interfere with the right to a fair trial.
05/26/2016
The PRA has published a supervisory statement (SS6/16) on recalculation of the "transitional measure on technical provisions" (TMTP) under Solvency II.
05/26/2016
The buffer, which will be applied starting in 2019, is intended to beef up banks’ resilience and reflects the economic damage that would be caused if they curtailed lending.
05/25/2016
At present, banks routinely cover the cost of fraud, regardless of blame.
05/25/2016
Regulator criticises banks for using rules as excuse to terminate accounts of individuals and businesses they perceive as risky
05/25/2016
The FCA, along with fellow agencies and authorities, has a long-standing programme of work in place to ensure the UK financial system is a hostile environment for money launderers. The work not only continues, but has been reinforced by the Government&rsq
05/25/2016
The European Commission has published an updated overview of current and proposed Level 2 legislative measures in the area of financial services.
05/25/2016
Jacques D’Estais also said BNP was closing a branch in the Cayman Islands.
05/24/2016
Managing Partner, Jesper Christensen, comments: “It is exciting to welcome each of these five talented individuals into the partnership as we continue to grow and strengthen our offering across all core practice areas.
05/24/2016
The aim of international estate planning is to identify with trusted advisers such uncertainties and keep them to a minimum.