Managers of Wealth Europe

Temporary authorisation regime for data reporting services providers (DRSPs)

We continue to prepare for a range of scenarios, including one in which the UK leaves the EU without a deal and without entering an implementation period.

Registering as a trade repository

It is not intended to make policy changes, other than where appropriate to reflect the UK’s new position outside the EU.  

FCA to 'onshore' EU rules in event of no Brexit transition

It also set out its approach to the regulation of Credit Rating Agencies, Trade Repositories and Data Reporting Services Providers.

JPMorgan Wins Fight Against Indictment in French Tax Probe

Top judges say lower court must toss order to have bank tried

Julius Baer Whistleblower Cleared in Data-Theft Case

In a case drawing international scrutiny, the Federal Supreme Court by a 3-2 majority rejected an appeal by Zurich prosecutors in the case involving former private banker Rudolf Elmer, who denied all the charges.

Draft Markets in Financial Instruments (Amendment) (EU Exit) Regulations 2018

The draft SI itself is provided, alongside an explanatory policy note.

BMO GAM to rename multi-manager funds and other strategies

'Important step' for business

Robert Tchenguiz accuses Grant Thornton of conspiracy over fraud office probe

Robert Tchenguiz was arrested alongside his brother Vincent by the City of London police in 2011 as part of an SFO investigation into the collapse of Kaupthing in 2008.

Carey Olsen advises Terra Firma

Parmaco is a fast-growing Finnish real estate company which specialises in building and renting high quality buildings for schools, day care providers and nursing homes.

Cayman, UK resume crime-fighting cooperation

The agreement does not affect the threat that the British government may impose public beneficial ownership registers in the overseas territories through an order in council, if they have not been implemented by 2020.

The importance of international co-operation

Speech by Megan Butler, Executive Director of Supervision - Investment, Wholesale and Specialists at the FCA, delivered at The Pan Asian Regulatory Summit 2018, Hong Kong.

HBos banker behind £245m fraud must repay £130k

Scourfield, from Reading, admitted conspiracy to corrupt, money laundering and four counts of fraudulent trading last August and was jailed for 11 years in February 2017.

FCA's former advice director dies

Linda joined the Financial Services Authority (FSA) in 2001.

Citibank Europe fined for breaches of banking rules in Ireland

The breaches include failure to put in place the necessary governance, policies and procedures to implement the Code until two years and eight months after the Code came into effect

RBS scandal fraudster and team reaped £1.9 million... Police turn the spotlight on action group after examining a dossier compiled by regulator

The 7,000 small investors who signed up to the group won a £200 million settlement from RBS in June last year, meaning the bank could avoid a high-profile court case.

Barclays Told To Compensate Customers Over Mis-Sold Credit

The Financial Conduct Authority asked the banking giant to overhaul its lending practices when it learnt of the shortcomings, which were set out in a report from 2016.

FCA's plan to stop repeat of Property fund fallout

Open-ended funds that invest in illiquid assets can encounter difficulties if significant numbers of investors simultaneously try to withdraw their money at short notice. An example of this occurred following the result of the UK referendum on EU membersh

Legal, Regulation & Compliance