07/19/2020
This delay will give firms, who have been significantly affected by the coronavirus pandemic (Covid-19), time to make the changes they need.
07/19/2020
The FCA notes that where firms are able to certify staff and submit information about Directory Persons earlier than March 2021 they should do so.
07/19/2020
The FCA, ESMA, and EU national securities regulators, confirm that these MoUs remain relevant and appropriate to ensure continued good cooperation and exchange of information.
07/17/2020
Global Service Line Head of Private Wealth James Campbell, who advises individual and institutional clients on a wide range of trust matters, is "very pragmatic, sensible and a nice guy to deal with".
07/17/2020
Elaine, who is partner and head of the Carey Olsen Guernsey dispute resolution and litigation team, has served as vice president of the Guernsey Chamber of Commerce for the past year.
07/17/2020
The proposals put forward in both reports aim to simplify the current complex transparency regime while trying to improve the transparency available and are taking into account the feedback received from market participants through consultations.
07/17/2020
The bank appealed against the decision, which was rejected by the Federal Administrative Court earlier this month.
07/17/2020
Building on our approach to innovation, we are collaborating with The City of London Corporation to pilot a ‘digital sandbox’.
07/17/2020
The guidance sets out the FCA’s expectation that firms should carefully consider the impact of a planned closure or conversion on their customers’ everyday banking and cash access needs
07/17/2020
Other Tax Authorities in the European Union are concerned by this situation which they consider to be the subject of aggressive tax competition on the part of Portugal.
07/17/2020
Those rules reinforced surveillance requirements for banks, lawyers and accountants
07/17/2020
The Board of the Financial and Capital Market Commission (FKTK) on July 14 2020 decided to apply a fine of EUR 906,610 euros to Signet Bank for breaches of the anti-money laundering
07/17/2020
New York regulators last week announced Deutsche Bank would pay the fine for “significant compliance failures” over Epstein and two unrelated cases.
07/17/2020
After the Claimant and its group companies issued a claim seeking a declaration that they were entitled to be indemnified against certain liabilities for professional negligence
07/17/2020
Recent reports in the British, Swiss and Spanish press have increased the pressure on the royal family.
07/17/2020
EFAMA members are committed to play their role to help achieving the Commission's objective of channelling at least €1 trillion towards sustainability-related investments over the next decade
07/17/2020
The FCA's dedicated webpage confirms it will publish further information including how to apply to the digital sandbox and the specific use cases later in summer 2020.
07/17/2020
Innovation is a powerful driver of effective competition and can help to accelerate the development of new solutions to emerging challenges.
07/17/2020
National regulators have been urged to step up to protect users’ privacy.
07/17/2020
The cantons and the business circles concerned have welcomed the conclusion of the protocol of amendment.