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Finma opens enforcement case against Credit Suisse

The proceedings come after an auditor hired by Finma in December 2019 completed its investigation into Credit Suisse’s corporate governance practice.

Maltese regulator shuts down MPM Capital Investments

The Malta Financial Services Authority (MFSA) has revoked the licence of MPM Capital Investments and issued its directors with 10-year bans following a series of breaches.

EBRD refutes accusations against investment in United Group

All EBRD investments in United Group were made in compliance with the Bank’s policies, regulations and procedures.

FIAU warning: lawyers can launder criminal monies through sham litigation

Watch out for fabricated civil claims on debts and start asking questions, FIAU tells lawyers

FCA updates webpage on extension of SMCR implementation periods

This will give firms significantly affected by the coronavirus pandemic time to make the changes they need.

Building a level playing field - how innovation shapes regulation

Through innovation and new technologies, the regulator can help shape and create inclusive institutions, and provide a foundation for firms to provide positive outcomes for consumers and markets in the UK.

Dentons opens in Dublin and announces further partner hires

Dentons has also opened offices in the British Virgin Islands and St. Lucia.

FCA publishes new webpage on DataSprint for digital sandbox pilot

Beyond the immediate task of developing synthetic data assets for the digital sandbox pilot, we hope the event will be a catalyst for collaboration around the development of synthetic data assets in the financial services industry.

Covid-19: FCA 2-month extension to DISP 1.10A.1R deadline

The PRA has published its Regulatory Digest for August 2020.

Compliance Deadline for dutch UBO Register Approaches

The Netherlands is gearing up for its new UBO register in accordance with international AML / CTF best practices and will require certain entities to comply from 27 September 2020.

Ruling the waves or waiving the rules? The UK’s options for regulatory reform and competitiveness after Brexit and COVID-19

Reforms to wholesale markets may attract less political scrutiny, but are more likely to be international in nature.

Snowden to Testify in Defence of Creator of Football Leaks

Portuguese prosecutors have said the compilation of the Football Leaks data

Barclays boss Jes Staley is dragged into the hunt for Jeffrey Epstein's cash

There is no suggestion of any wrongdoing on the part of Mr Staley, or that he knew anything about Epstein's criminal activities.

UK’s financial regulator expands AML regulations to all cryptocurrency firms

The FCA had plans to implement data analytics to alleviate the regulatory approach and overcome the issues enterprises face.

French regulator makes H2O suspend funds

The AMF made the decision due to valuation uncertainties

Carey Olsen Bermuda's Keith Robinson among Transcontinental Trusts speakers

Carey Olsen Bermuda partner Keith Robinson is a panellist on the global litigation session on day one of the Transcontinental Trusts International Bermuda Conference.

AIFMD – Room for improvement

Two annexes to the letter contain the detail of the suggestions being put forward by ESMA.

FCA: Market Watch 64

The newsletter explains that the temporary transition power does not encompass transaction reporting rules under MiFID II.

Prolonged pandemic could disrupt Malta's banking sector, warns central bank

It said that prior to the pandemic, overall bank liquidity was ample and this continued to rise given that savings continued to increase during the pandemic.

ECB publishes consolidated banking data for end-March 2020

The quarterly data cover information required for the analysis of the EU banking sector, comprising a subset of the information that is available in the year-end dataset.

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