08/03/2021
Financial Regulation: Daily Update
Regulators and supervisors' assessment should be guided by the need to preserve the standards of consumer protection and data protection
08/03/2021
Consumer warning on Cavendish Incorporated Limited
In general, a business does not have to be regulated by the FCA to raise funds by issuing shares or debt securities (such as bonds or loan notes).
08/02/2021
Weaponising the risk against financial crime
This approach is equally important, and most probably even more essential, for banks to be successful in the war against financial crime.
08/02/2021
This application is the latest in several legal proceedings commenced by the FCA against Mr Gopee arising out of his illegal money lending activities.
08/02/2021
EBA publishes the results of its 2021 EU-wide stress test
Against this background, under the adverse scenario, the EU banking system as a whole would see its CET1 reduced by 485 bps on a fully loaded basis (497 bps on a transitional basis) after three years
08/02/2021
Withers is one of relatively few global private wealth practices, with well-regarded teams in London, the US and Asian markets as well as a strong group in Switzerland.
08/02/2021
Dubai List has information on around 20 Maltese nationals’ offshore holdings
08/02/2021
Prestigious London law firm known for its elite clientele including top football clubs ‘has case to answer’
08/02/2021
PIMFA is also urging the Regulator to give due consideration to the broader regulatory architecture and how its proposals may interfere inadvertently with business models
08/02/2021
The sandbox is for authorised firms, unauthorised firms that require authorisation, and technology businesses that are looking to deliver innovation in the UK financial services market.
08/02/2021
The EC has asked ESMA to provide advice on a number of areas
08/01/2021
This was because HATVP is independent from the executive and has more budgetary and functional autonomy than the AFA.
08/01/2021
This means that it includes internal documents and correspondence with or about this person.
08/01/2021
The global art market is valued at more than £50 billion, with an estimated £2.3 billion of this per year linked to financial crime.
08/01/2021
Whilst so far there have not been any significant changes to the taxation of FICs, we may see new anti-avoidance rules in the future.
08/01/2021
Most of the money is lost online and the government's National Cyber Security Centre battles to take down hundreds of websites promoting financial fraud as they arise.
08/01/2021
As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect.
08/01/2021
Digital bank Monzo is being investigated by the Financial Conduct Authority (FCA) over potential breaches of financial crime regulations, the bank has disclosed.
07/30/2021
Judge David Tomlinson delivered the sentence in a London courtroom on Thursday, saying that the art collector had breached “trust and accountability.
07/30/2021
Walkers' London office provides time-zone sensitive Bermuda law support to clients in the EMEA region across the full range of legal services