11/18/2020
Belgium’s biggest banks propose system to share suspected money laundering information
The proposal was made at a Belgian parliamentary hearing held in response to the FinCEN Files investigation.
11/18/2020
Of the 16 recommendations made by Greco in 2016 to Cyprus, seven have been fully implemented, six remain partly implemented and three have not been implemented, according to the compliance report.
11/18/2020
Published by Law Business Research, Who's Who Legal has been identifying the foremost legal practitioners in multiple areas of business law since 1996.
11/18/2020
The FCA has also published an overview document on the Benchmarks Regulation (BMR) and proposed amendments under the Financial Services Bill.
11/17/2020
The German government is set to spend €10bn (£9bn, $12bn) to compensate businesses that have to shut this month, covering up to 75% of their normal November revenue based on 2019.
11/17/2020
The role of the unit is to use criminal and civil powers to investigate suspicious or serious non-compliance by companies and the wealthiest taxpayers.
11/17/2020
Joint statement from HM Treasury, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) on the implementation of prudential reforms contained in the Financial Services Bill.
11/17/2020
Advisers need to start engaging those younger clients now.
11/17/2020
Submitting an application by the 30 June 2021 deadline may not be enough, law firm warns
11/16/2020
If buyout groups want their profits taxed as capital gains, they should put capital at risk
11/16/2020
New lockdown has started and due to last for at least a month
11/16/2020
The study, conducted by polling company Survation for the Woolf Institute, which researches interfaith relations, surveyed 11,701 people.
11/16/2020
Call for three-year ban on EY bidding on public contracts
Anti-corruption group claims ‘recurring professional misconduct’ should preclude auditor from future business
11/16/2020
Andrew Bailey, governor of the BoE, said over the summer that the BoE is closely examining how the idea of a digital currency would work. He said it has "huge implications" on payments as well as the general way society would operate.
11/16/2020
Burford is the leader in its field and we congratulate them on this success.
11/16/2020
Overlapping requirements risk leaving banks having to trade on other continents
11/16/2020
The FCA said that it had found that Carillion’s announcements on 7 December 2016, 1 March 2017 and 3 May 2017 did not “accurately or fully disclose the true financial performance” of the firm.
11/16/2020
It asks firms if their existing IT accounting systems and cash management processes accommodate negative interest rates, and whether they already hold negative-interest rate client cash balances in Euros or Swiss francs.
11/16/2020
The FCA has published an update to its webpage on business interruption (BI) insurance to include the Supreme Court appeal hearing timetable, as well as a hand out summarising the issues, facts, procedural chronology and counsel for the appeal.
11/15/2020
Within the corporate world, a steady focus on diversity and inclusion (D&I), manifested in policy, has become the norm.