09/14/2021
UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.
09/14/2021
UBO shortcomings among main reasons FATF greylisted Malta
09/14/2021
The criteria provide clarity for supervisory authorities on EIOPA’s expectations.
09/14/2021
Portugal’s Golden Visa program and the special tax regime for non-habitual residents
For those planning to apply for a Golden Visa, it is important to note that significant changes to eligible investments are being implemented from January 2022
09/14/2021
The note sets out the notification requirements for operators of a designated system and the information that the BoE will gather to satisfy the requirements.
09/13/2021
Given the importance of robust regulatory returns, the PRA expects all banks, designated investment firms and building societies to consider the findings in the letter and any work they may need to do to remediate applicable issues.
09/13/2021
Anjelica Camilleri de Marco, Senior Associate in Malta, outlines the adoption of trusts in Malta and examines their tax treatment.
09/13/2021
The guidelines will apply six months after the date of the publication of the guidelines on ESMA’s website in all EU official languages, ie from 2 February 2022.
09/13/2021
But the ECB and other central banks have been all too eager to jump at the chance to deploy these measures since the global financial crisis, and they are utterly convinced of their success.
09/12/2021
It points to the following as areas that firms should look
09/12/2021
If adopted as such, it will trigger substantial amendments to the current AML/CFT framework.
09/12/2021
The key uncertainty is whether it will provoke the EU into revoking its adequacy finding for data transfers to the UK.
09/12/2021
The £90 million penalty is more than four times the previous record of £20.3 million imposed on Thames Water in 2017 following environmental breaches.
09/12/2021
The idea to exempt investments that would help prevent climate change is to support the bloc’s ambition to cut net CO2 emissions to zero by 2050.
09/12/2021
The Financial Reporting Council’s fine over the auditing of one of Britain’s best-known cafe chains could be announced as soon as this month, Sky News learns.
09/10/2021
This Walkers’ briefing addresses issues that may be relevant to the recognition of foreign insolvency officeholders
09/10/2021
The new power does not apply to firms authorised by the FCA otherwise than under Part 4A, for example as payment service providers or electronic money issuers, and therefore the guidance we are consulting on will not relate to such firms.
09/10/2021
Firms are required to confirm that the information on the FS Register is accurate on an annual basis.
09/10/2021
Probe puts spotlight on financial crime ahead of elections
09/10/2021
Specific rules apply in case the investment firm benefits from extraordinary public financial support.