06/13/2016
CaixaBank of Spain signs MoA with State Bank of India
The banks will also cooperate through introduction of business opportunities and partnering on possible infrastructure funds
Legal, Regulation & Compliance
06/13/2016
FIX Trading Community releases standards for MiFID II transaction and trade reporting
These initiatives have been welcomed by the financial trading community.
06/13/2016
UK voters Back Norway-Style Brexit, Poll Reveals
A new poll, commissioned by the Adam Smith Institute think tank has revealed that support for a deal along the lines of the Nordic country’s relationship with the continental bloc outweighs opposition by two-to-one.
06/13/2016
Deutsche Bank to tackle transactional unit security
FCA review had found variety of failings
06/13/2016
BEUC and EDRi urge the EU Commission not to undermine citizens' privacy in trade agreements
There's no clear definition in the EU for "data localisation".
06/13/2016
SA planning to double tax-free wine exports to EU
New trade agreement means country can export 110 million liters of duty-free wine.
06/13/2016
Nick and Christian Candy accused of tax evasion in high court
Rival businessman Mark Holyoake alleges Nick Candy has been lying about source of wealth in fiercely contested legal battle
06/13/2016
Seven Ex-Deutsche Bank Managers Guilty in C02 Tax-Fraud Case
Deutsche Bank was the principal player in these deals at the time," said Bach.
06/10/2016
FCA reveals hopes for robo-advice unit
The Advice Unit was announced in the Financial Advice Market Review report and will focus on helping firms develop fully or partly automated online services and other models that use technology to deliver lower cost advice.
06/10/2016
EU referendum: What do the Channel Islands think?
The most southerly part of the British Isles, the islands are self-governing Crown Dependencies, not members of the EU and not part of the UK.
06/10/2016
Finnish Police Pull Accounts at Nordea Due to Offshore Links
The police agency, which has more than 11,000 members, said in a brief statement Thursday,
06/10/2016
MAR – European Parliament non-objection to market soundings regulation
The European Parliament has published the text it adopted on its decision not to raise objections to the delegated regulation of 17 May 2016.
06/10/2016
Court of Appeal gives guidance for bankers' references
What to include in a request for reference and the circumstances in which liability may be avoided
06/09/2016
Bankers, Not Banks, on Trial in Barclays Libor Case, SFO Says
"The banking industry isn’t on trial, it is a handful of dishonest traders," Hines said on the second day of his closing argument.
06/09/2016
EU unlikely to extend global bail-in rules beyond big banks -official
Such a decision would find favour with Germany and Britain, which have urged the EU executive not to extend the so-called TLAC requirement beyond the very biggest banks.
06/09/2016
FCA admits it now takes half a year to get authorised
Average processing times for authorising retail firms have been increasing over the past year and, as of the end of March, sat at nearly 25 weeks.
06/09/2016
FCA bans two individuals for lack of integrity
These two individuals misused pension funds, endangering the retirement incomes of hundreds of people. While further investigations continue, the FCA considers it necessary to prohibit them to help protect consumers.
06/09/2016
Mellor's lust for money and why he's being sued over a £30m land deal
He is considered a star turn in the corporate world, where many are keen to learn from his experience.
06/09/2016
Common Reporting Standard: HMRC guidance for charities released - Withers
The guidance is short and links in to HMRC's general guidance on the Automatic Exchange of Information in several places.
06/08/2016
PwC Legal advise management as part of €470m Eden Springs sale
The PwC Legal team was led by corporate partners Peter Workman and Oliver Williams, assisted by Laura Peachy and Alec Gosiewski, together with other colleagues from across the firm. Linklaters acted for Rhone Capital and White and Case acted for Cott Beve