08/04/2020
Risk of Germany's constitutional court banning QE is averted
The court gave German federal authorities three months to provide evidence an assessment had been done to show the scheme was proportionate to the anticipated outcome
Legal, Regulation & Compliance
08/04/2020
How to tackle 'tick box' compliance on fund boards
Senior Consultant to our Fund Services team, Melville Rodrigues explains how UK fund boards should pre-empt the FCA needing to impose further mandatory reforms.
08/03/2020
$340m in London law firm's account suspected of 1MDB connection
Money in Clyde & Co’s bank account linked to money allegedly embezzled from Malaysian fund
08/03/2020
OECD Here to There • Tax Havens & Covid • Substance in Flux
The OECD digital tax project on profit reallocation seems to be in an undesirable place.
08/03/2020
Crispin Odey charged with indecent assault
In a separate statement, Odey denied the allegation and insisted he would "strongly contest this matter".
08/03/2020
Smith & Williamson shareholders approve Tilney takeover
This is a significant transaction and getting to this stage in the midst of a global pandemic is a real achievement.
08/03/2020
International: What 'Schrems II' means for companies that rely on derogations
The Court of Justice of the European Union's judgment stipulates that companies will need to evaluate whether their use of the standard contractual clauses provides sufficient protection in light of any access by the public authorities of the third c
08/02/2020
No More LIBOR
Bank of England Takes Another Step Away From LIBOR
08/02/2020
Financial Crime in Jersey
Fraud in Jersey is a common law offence that can be committed by natural persons.
08/02/2020
FCA updates guidance on handing complaints
Find out about how your complaints should be handled during the coronavirus situation.
07/31/2020
HMRC investigates alleged multi-million-pound tax scam
Four were arrested and questioned on suspicion of money laundering offences
07/31/2020
Leonteq Announces New Partnership with Banque Internationale À Luxembourg
Leonteq and Banque Internationale à Luxembourg SA (BIL) have initiated a partnership for the issuance and distribution of structured investment products.
07/31/2020
IHT receipts fall for the first time in a decade
‘Hard to believe’ that inheritance tax is not ‘under the microscope’ to fill hole in UK budget
07/31/2020
Investors seek government intervention on mini-bonds
They have started a petition to get the products regulated and victims compensated
07/31/2020
JFSC committed to helping Industry with KYC utility
This in theory could result in reduced costs when taking on new clients, whilst introducing an enhanced degree of assurance as to the quality of these client processes.
07/31/2020
FCA statement on Employer Salary Advance Schemes
ESAS are commonly promoted as an alternative to high cost credit and have a broadly similar economic effect.
07/31/2020
EU Exit: HMT statement on registration arrangements under the UK Securitisation Regulation
Prospective securitisation repositories and relevant market participants should note that the Treasury will soon bring forward legislation
07/31/2020
EBA updates on 2021 EU-wide stress test timeline
The tentative sample, which is also made available today, includes the banks that were going to participate in the postponed 2020 stress test
07/31/2020
UK Treasury turns focus on financial and cryptoasset promotions
What is not clear is how the FCA will assess that a firm should be granted consent and how investments are to be categorised.
07/31/2020
Lazard Banker Among Suspects in German Insider Trading Probe
Employee is part of firm’s mergers and acquisitions team