11/20/2013
Modelling integrity through culture by Martin Wheatley
Speech by Martin Wheatley, Chief Executive of the FCA, at the FCA Markets Conference 2013.
Legal, Regulation & Compliance
11/20/2013
City Regulator Takes Action Against Former Co-op Bank Directors
The Financial Conduct Authority has begun an investigation into the role of former senior directors at the Co-operative Bank.
11/19/2013
How to identify the environmental, social and governance drivers of country risks?
AXA has contributed to the development of a fourth "blueprint" in the CRO Forum's series on managing environmental, social and governance (ESG) challenges in business transactions, focusing on new trends in country risk assessments.
11/19/2013
The Second Coming: MiFID II Due for Arrival
The legislative package that we call MiFID II is actually made up of a Directive and a Regulation, covering a broad range of trading activities, instruments and market participants.
11/19/2013
Hungary competition watchdog fines banks for cartel
GVH launched the inquiry in 2011 into whether major banks colluded when raising the cost of loans offered to households when borrowers were allowed to start repaying their forex mortgages in a lump sum.
11/18/2013
Banking Reform Bill lurches through the Lords
The ring fence amendment, while passed, was not even faintly praised enough to be damned.
11/18/2013
FCA launches gold benchmark rigging review
Britain's financial regulator is looking into whether gold benchmarks could have been rigged.
11/17/2013
Executive summary from the Global Regulatory Outlook report
The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo
11/17/2013
69pc of Brokers Feel Prepared for MMR
Of the brokers polled at IRESS’ mortgage and protection roadshows in October
11/17/2013
Banks' Book-Keeping Leaves Investors in the Dark - Watchdog
Big variations in how major European Union banks do their accounts can leave investors guessing over their financial health and could also undermine financial stability
11/17/2013
Bernie Ecclestone revealed his 'influence' by calling bank chief Sir Fred Goodwin
A businessman said he mentioned the Royal Bank of Scotland as a possible lender during discussions with motorsport boss Mr Ecclestone eight years ago.
11/17/2013
EU Bank Resolution Rules Should Be Applied Equally - ECB's Mersch
Rules for resolving troubled banks shouldn't favor institutions in economically strong countries, European Central Bank Executive Board member Yves Mersch said Monday.
11/17/2013
ESMA - Financial institutions must improve financial statement disclosures
The European Securities and Markets Authority (ESMA) has published a Review of the comparability and quality of disclosures in 2012 IFRS financial statements of listed financial institutions.
11/17/2013
Wragges and Lawrence Graham Begin Merger Talks
Top-60 firms Wragge & Co and Lawrence Graham have confirmed they are in talks to form a £170m-plus practice.
11/16/2013
U.K. Bank Whistle-Blowers Increase as Regulator Scrutiny Grows
The number of whistle-blower calls to the U.K. Financial Conduct Authority increased 23 percent over the last year
11/14/2013
Sullivan & Worcester Widens its Finance Offering in London
He joins the firm from Squire Sanders
11/14/2013
Former JPMorgan 'Whale' supervisor opposes U.S. extradition
A former JPMorgan Chase executive accused of helping to hide trading losses in a $6.2 billion financial scandal at the bank rejected on Friday
11/13/2013
EDPS calls for 'special attention' for tax data exchange Directive
The proposed amendments would expand the scope of the AEOI and would require Member States to exchange data relating to dividends, capital gains, other financial income and account balances.
11/13/2013
FCA board member calls for 'holy trinity' overhaul of financial services
The investment industry is inefficient and in need of a radical overhaul if it wants to meet the needs of an under-served consumer base, Financial COnduct Authority board member Mick McAteer has warned.
11/13/2013
Kinetic Partners unveils AIFMD Hedge Fund Depositary Due Diligence Checklist
Hedge fund managers will need to undertake due-diligence over their depositary providers and this checklist has been designed to assist managers undertake the necessary depositary due diligence.