02/16/2021
The State of Financial Crime 2021
Technology, regulation, and the future of financial crime compliance
Legal, Regulation & Compliance
02/16/2021
The Secret Luxembourg Base of Italy’s ’Ndrangheta Mafia
The intensely hierarchical and clannish ’Ndrangheta have fanned out across the world from their home base in southern Italy, often using family-based chain migration to get footholds in new markets.
02/16/2021
Financial Regulation: Daily Update
Covid-19: BoE releases scenario for banks and building societies not part of concurrent stress testing
02/16/2021
Portugal postpones golden visa restrictions
In a bid to maintain the considerable ‘investment it has seen since the introduction of the scheme’
02/16/2021
Five legal and regulatory trends to watch out for in 2021
Mattias Hedwall, head of Baker McKenzie’s global international commercial and trade group, identifies the legal and regulatory themes that will dominate the rest of 2021.
02/16/2021
CISI launches anti-money laundering partnership with Qatari regulator
Its launch will confirm Qatar as the first country in the Middle East to implement a country wide, digital, AML/CFT assessment, with a unique reporting function, as part of QFMA efforts to combat the causes of financial crime in the Qatar capital market.
02/16/2021
ZEDRA continues UK expansion with acquisition of Inside Pensions Ltd
The acquisition will increase ZEDRA’s presence in the UK market
02/16/2021
ePrivacy Regulation: EU Member States Agree on a Position
The planned update of the current ePrivacy directive will be in the form of a regulation which will be directly applicable in all EU Member States
02/16/2021
Carey Olsen advises Epiris and James Hay Holdings on Nucleus Financial Group acquisition
Epiris Fund II (Fund II) has owned James Hay since 2019 when it bought the business as part of its acquisition of IFG Group plc.
02/16/2021
FCA takes alleged insider dealing brothers to court
The FCA said the brothers had made a profit of about £142,000 from the alleged insider dealing.
02/15/2021
Employers: can you inoculate against racism?
The Court considered it legitimate to reflect on not only what steps had been taken by the employer but also how effective those steps were likely to be when they were taken and, in appropriate circumstances, how effective they proved to be in practice.
02/15/2021
The moment of danger for Europe will be when the recovery starts
EU leaders can learn from US president Joe Biden and go for bold fiscal support measures
02/15/2021
Leeds and London set to become global centres of green finance
Britain leads research initiative to put climate and environment at the heart of UK financial decision making.
02/15/2021
DNB Says Authorities Have Ended Probe Into Money-Laundering Allegations
Okokrim, launched a probe in November 2019 following a WikiLeaks data dump and subsequent allegations made in Icelandic media.
02/15/2021
Globally Mobile Employees – UK and EU Social Security Update
The new arrangements for multi-state workers and detached workers posted for up to two years are now in effect.
02/15/2021
Norway wealth fund tells firms: put more women on your boards
“We may phrase it politely, but it is pretty clear what we think,” Chief Executive Nicolai Tangen said in an interview.
02/15/2021
English High Court considers limits of the extraterritorial reach of the GDPR in relation to an overseas website
To bring a claim under Article 79 of the GDPR, the claimant had to persuade the court that the defendants' processing of the claimant's personal data fell within the territorial scope of the GDPR in either Article 3.
02/15/2021
Former City worker turned drug-dealer jailed after huge cocaine stash found hidden in van
Expensive designer watches and shopping receipts from Harrods were also found
02/15/2021
Wanted: Investment Banker Who Became Poster Boy Of Massive Tax Scandal
Mora made Interpol's Most-Wanted list this month, leading to the display of his face with a request for information about his whereabouts.
02/15/2021
Carey Olsen takes over as leading legal adviser to Jersey funds industry
Confirmation of Carey Olsen as Jersey's leading law firm for investment funds follows 10 years of considerable client growth in the sector, including a 115% increase since 2010 in the number of Jersey serviced funds it provides legal advice to and a