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.
Legal, Regulation & Compliance
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
03/06/2020
Crooked Banker Tapped Professionals to Manage Web of Dirty Money
The company was cratering and its creditors, including a Swiss bank, were circling.
03/06/2020
The grand unifying theory (and practice) of macroprudential policy - speech by Mark Carney
Speech given by Mark Carney Governor of the Bank of England
03/06/2020
Expats again warned about investment scams as mis-selling rates soar
Two years ago, the scandal was valued at an incredible £10 billion, with most attributed to mis-sold, poorly invested pensions pushed by unscrupulous, unethical financial advisors lurking in favourite expat destinations as well as the home country.
03/06/2020
Barclays, Merrill Resurface in Third German Tax Indictment
The transactions took advantage of how Germany taxed dividends, abusing the system to claim multiple refunds on a tax paid only once, according to investigators.
03/06/2020
Malta tax advisors named in Spanish money laundering probe
They were carried out by “two players’ agents linked to one of the representation agencies with the highest turnover in Europe” – the Spanish ministry for the interior said.
03/06/2020
Swiss private bank invests in circular economy fund
Decalia Circular Economy is the first (medium- to large-cap) equity fund exclusively dedicated to this area.