09/16/2012
The European Securities and Markets Authority (ESMA) has published today a consultation paper on proposed Guidelines on remuneration policies and practices under the Markets in Financial Instruments Directive (MiFID).
09/16/2012
The Guidelines are intended to support the creation of a level-playing field, consistency of market practices and convergence of supervisory practices amongst national securities market regulators across the EEA.
09/13/2012
For the moment the FSA is sticking to its line that consultancy charges that take overall contributions below the auto-enrolment minimums are not permitted.
09/13/2012
BNP Paribas' new St Pancras base purchased by insurers AXA
09/12/2012
The Financial Services Authority (FSA) has banned a financial adviser after he gave false references from a previous employer, from which he had been dismissed for dishonesty.
09/12/2012
Freshfields is advising Barclays with a team headed up by London disputes partner Simon Orton, alongside Ewan McQuater QC, David Quest and Sandy Phipps from 3 Verulam Buildings.
09/12/2012
Former HBOS executive Peter Cummings is to be hit with both a £500,000 fine and a lifetime ban from the industry.
09/12/2012
Regulator says costs to implement measures to protect UK savers could costs US banks alone more than £1.1bn.
09/12/2012
Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler, seeking immediate repayment after abandoning talks to restructure $10 billion in debts.
09/11/2012
“We would hand the bill to the banks, who caused this crisis”
09/11/2012
Survey raises fears of protectionism and complexity for providers and investors.
09/11/2012
The moves stem from proposals for a eurozone "banking union".
09/11/2012
'The 2008 financial crisis was not an insurance crisis, it was a banking crisis'
09/11/2012
The taxman has extracted an extra £500m from Britain’s richest people thanks to a special unit set up three years ago to target “high net worth” individuals.
09/11/2012
Vatican hires Liechtenstein's former top anti-money laundering expert
For eight years he was the director of Liechtenstein's Financial Intelligence Unit, the department which gathers and analyses information used by police to combat money laundering, organized crime and the financing of terrorism.
09/10/2012
Financial services start-ups waited nearly six months for FSA approval in the first quarter of 2012, data obtained by Reynolds Porter Chamberlain has revealed.
09/10/2012
Freshfields Bruckhaus Deringer and Simmons & Simmons have both raided rival Anglo-Saxon firms for partners in Paris.
09/10/2012
China Gold is a new client for Linklaters, which has made a successful push to win outbound work originating in the country.
09/10/2012
Liechtenstein is currently considering the idea of concluding a withholding tax agreement with Germany, providing for an automatic exchange of tax information.
09/10/2012
The Investment Management Association (IMA) has called for the inter-bank borrowing rate Libor to be reformed and kept, rather than replaced with a new benchmark.