03/10/2020
Prince Andrew has 'completely shut the door' on Jeffrey Epstein investigation, prosecutor claims
The Duke of York has refused to cooperate with the investigation into Epstein's potential co-conspirators, prosecutor Geoffrey Berman said
Legal, Regulation & Compliance
03/10/2020
EU launches campaign to tackle tax evasion
The EU is stepping up efforts in tackling undeclared work, encouraging cooperation between Member States and raising awareness throughout Europe.
03/10/2020
US charges Russian billionaire Tinkov with tax fraud
Tinkov paid a £20m bail to be allowed to stay in a apartment owned by his wife in central London so long as he respects a 7pm to 7am curfew.
03/10/2020
Santander to offer 14 weeks of full pay for new mothers to boost women's careers
This new minimum standards will be implemented globally over a three year period depending on the markets.
03/10/2020
International Data Transfer Solutions Under GDPR
Following our previous analysis of the consequences of the opinion of the advocate general Hendrik Saugmandsgaard Øe (a.g.) in the Schrems II case, from the data exporter perspective, we will turn our attention to the content of the Controller to P
03/10/2020
Coronavirus: Everything we know about what’s happening in Canary Wharf and the City
Financial News rounds up what we know of the City's emergency planning around Covid-19 so far
03/10/2020
The ideal post-EU regulatory framework
The role of non-banks and market-based finance has been growing. And digitalisation is transforming a number of financial services.
03/10/2020
Deutsche Bank cleared Cyprus funds for businessman Jho Low
Lender acted as correspondent bank for Malaysian facing allegations over 1MDB scandal
03/09/2020
FCA CP on climate-related disclosures
The proposals set out in the Consultation Paper build upon the recommendations of the TCFD, an existing global standard.
03/09/2020
The Grand Unifying Theory (and practice) of Macroprudential Policy by Mark Carney
The relative simplicity of the monetary policy objective and the relatively focused arsenal of monetary policymakers improve the likelihood that agents in the economy can understand the MPC’s reaction function and anticipate its actions, making its
03/09/2020
ECB letter on COVID-19 contingency preparedness
These could be due to illness, the need to take care of relatives, or being unable to work from bank premises due to precautionary measures. Challenges could also arise due to constraints of key thirdparty outsourcers and suppliers to maintain critical pr
03/09/2020
Britain’s lucrative ties with the Gulf states have been tested by court shocks
The accusations against Sheikh Mohammed make uncomfortable reading for many, including the Queen and the Foreign Office
03/09/2020
Serious Fraud Office probes Lloyds Bank property claims
The Serious Fraud Office has begun interviewing witnesses and is weighing up whether to launch a formal criminal investigation
03/09/2020
Moore Blatch and Barlow Robbins to merge
Combination creates new Top 100 regional powerhouse with significant specialisms including private client, property and personal injury
03/09/2020
UK plans levy on banks and others to help tackle money laundering
The levy is likely to come into force in 2022/23 and the Treasury will consult in the Spring about which firms will be asked to contribute.
03/09/2020
Terry Smith suggests platforms exacerbate fund liquidity issues - reports
'Can't list fund on a platform unless it's daily dealing'
03/09/2020
Clients of failed DFM step closer to seeing funds returned
The Financial Conduct Authority found some of the broker's 19,000 clients had paid fees and charges as high as 20 per cent of their total investment.
03/09/2020
Kate Kirk named Woman of the Year - Business Services
Kate joined Ogier in 2015 to lead on the firm's award-winning rebrand, and has since also seen Ogier win awards for its website and social media marketing.
03/08/2020
French billionaire owner of Moet and Louis Vuitton goes cold on bid for The Ritz
Sir Frederick’s three nephews Aidan, Howard and Alistair – who own the remaining 75 per cent – hope to seal a deal for between £700million and £800million by the summer.
03/06/2020
Peter Hargreaves avoids £94m hit from ‘serendipitous’ HL sale
Billionaire HL co-founder ditched 35 million shares in D2C firm weeks before coronavirus wiped $5trn off global markets