03/21/2022
This report contains the Tax Justice Network’s proposed amendments to improve the EU’s draft Anti-Money Laundering (AML) Package with regard to beneficial ownership registration.
03/21/2022
The Act also amends Commission Delegated Regulation ((EU) 2021/2178) concerning the information to be disclosed by large non-financial and financial undertakings.
03/21/2022
Lloyds breached the order 10 times, also through publishing inaccurate information.
03/20/2022
Sale of stake in Alfa Bank’s owner is said to be delayed
03/20/2022
The central bank found $420 million in deposits and $2.5bn in custody or trust assets “with ultimate beneficial owners from or connected to Russia” in Bahamian financial institutions that are licensed to serve foreign clients.
03/20/2022
The Bank of England (BoE) has renewed its statement of commitment to the foreign exchange (FX) Global Code
03/18/2022
This new provision to allow UWOs to be made against person who don’t actually hold the property is designed to prevent people hiding behind complex corporate structures.
03/18/2022
The report identifies a number of opportunities that lawmakers, regulators and industry may wish to take advantage of.
03/18/2022
This warning comes in the context of growing consumer activity and interest in crypto-assets and the aggressive promotion of those assets and related products to the public, including through social media.
03/18/2022
It said it “will encourage other public sector bodies to do the same”.
03/18/2022
Ensuring that these transactions are settled in a safe and efficient manner is therefore essential for the EU's financial system.
03/18/2022
At the time, the FSCS said all 41 claims levied by former clients of John Dyer, which the FSCS said advised on BSPS pension transfers, were in progress.
03/18/2022
Liquidation of the firm follows the sale of Heritage’s Sipp book to Wiltshire-based firm PSG SIPP on November 18 2021.
03/18/2022
The European Commission’s Delegated Regulation (EU) 2022/229 entered into force on Monday 13 March 2022
03/18/2022
Its intention is to develop and implement a coherent standard for private equity and venture capital firms reporting on ESG issues.
03/18/2022
Euronet Worldwide will act as Piraeus Bank’s long-term partner for the provision of merchant acquiring services to Piraeus Bank customers.
03/18/2022
This tax information is exchanged as part of global collaboration to address tax compliance risks
03/17/2022
The Austrian lender’s business in Russia accounted for nearly a third of its net profit of $1.7bn in 2021.
03/17/2022
Some suspended funds - like the £236.7m Liontrust Russia Fund - may be able to use side pockets as a way out of suspension.
03/17/2022
The Data Act also proposes important changes to make it easier to switch cloud services.