09/09/2020
UK anti-fraud chief defends her record after judge’s criticism
Lisa Osofsky and Serious Fraud Office face review into texts with suspects’ agent as criticism mounts over drop in number of investigations
Legal, Regulation & Compliance
09/09/2020
EU FinCrime Chief Eager to Crack Down on Money Laundering
However, with a centralized unit, increased communication between financial authorities through the Union should go a long way.
09/09/2020
PGIM Fixed Income hires inaugural head of ESG research
PGIM Fixed Income has appointed Eugenia Unanyants-Jackson to the newly created role of head of environmental, social & governance (ESG) research, effective immediately.
09/09/2020
Squire Patton Boggs makes double partner hire from HFW and Eversheds Sutherland
Jayson Marks and David Milne join the firm in London and Leeds respectively
09/09/2020
Furlough scheme update: changes from September 2020
Key changes to the CJRS, and the impact on pensions
09/09/2020
Legal Guide to Pre-Enforcement Steps Under Jersey and Guernsey Law
Given the popularity of Jersey and Guernsey holding structures for investment into the UK, secured creditors with exposure to such structures will need legal advice in those jurisdictions where enforcement strategies are being considered.
09/09/2020
The Financial “Plumbing” Committee: from Plumbing to Policy
Pre-crisis, no single authority had the mandate or tools to look after the stability of the financial system as a whole.
09/09/2020
BAI criticizes EU proposal on ESG disclosure for financial products
Find out why the new regulatory standards on ESG proposed by the EU are not welcomed by the investment industry in Germany and read the latest business news with the Born2Invest mobile app.
09/08/2020
Investors lose over £20m to international Ponzi fraudster
He made people believe their pensions and savings were invested in foreign exchange trading
09/08/2020
Malta gets another downgrade at crucial juncture for financial services industry
Malta’s lucrative financial services industry and its international ranking has suffered another blow as the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has downgraded the island’s standing to “
09/08/2020
Financial dialogue between Switzerland and United Kingdom
They agreed that the technical work should continue and that the next steps in the cooperation would be decided during a meeting to be held before the end of 2020.
09/07/2020
Law firm books record revenues for clean energy advice
Shepherd and Wedderburn reported 2% turnover growth to £56.9 million over the year with profits before partner distributions down 1.7% to £22.4m.
09/07/2020
Banks forced to deny forgery claims as they seek to rebuild image
Campaigners have called for answers as allegations of signature fraud persist
09/07/2020
Cyprus to strip seven of citizenship in passports probe
Cyprus began offering citizenship in exchange for substantial investment as far back as 2007, but the scheme was stepped up following the Mediterranean island’s 2013 economic crisis.
09/07/2020
Credit Suisse ordered shadowing twice more, report says
The Tages Anzeiger's sources said there were two cases, one in the US and one in Asia.
09/07/2020
The UK’s Financial Conduct Authority seeks to expand the scope of financial crime reporting requirements
The proposals extend the REP-CRIM requirement to firms which the FCA considers pose a higher money laundering risk, including cryptoasset firms and certain regulated insurers not covered under the existing REP-CRIM regime.
09/06/2020
FCA Quarterly Consultation Paper No 29
The letter explains the FCA's view of the key risks that such intermediaries could pose to their consumers or markets.
09/06/2020
Deloitte pair to be sued for £19m
The case is set to proceed after a High Court judge announced that the administrators were not protected from litigation
09/04/2020
Thirteen sued for £178m over alleged fraud at London Capital & Finance
Executives alleged to have spent investors’ cash on horses, helicopter and private members’ club
09/04/2020
Law firm unveils UK repatriation advice unit
Operation will offer personal tax, succession, estate planning and immigration services