10/16/2019
AFME: More work to be done to make Europe competitive
AFME found that Belgium, the Netherlands and Sweden were the leading EU nations in sustainable finance with over 7 percent of bonds issued in 2018 classified as sustainable.
Legal, Regulation & Compliance
10/16/2019
Trading in second Woodford fund suspended: administrator
He also resigned from the two other funds he managed
10/16/2019
The global war on money laundering is a failed experiment
The deeper problem isn’t that national anti-money laundering laws are being flouted.
10/15/2019
FCA Says Governance Top Of List For Asset Management
Miller continued that governance is correlated to culture as it is the responsibility of senior management to ensure that incentives are in place to encourage a diverse and inclusive culture.
10/15/2019
Law firm Blackadders bullish after move to new capital site
Scottish legal firm Blackadders says it has reinforced its long-term commitment to Edinburgh after moving into a larger office in the West End.
10/15/2019
FCA slaps Tullett Prebon with £15.4m fine
At one point, a Tullett Prebon broker claimed more than £15,000 from the company to pay for a luxury holiday to the US with his friend, a trader at a client bank.
10/15/2019
Exclusive: Deutsche Bank took years to flag suspect Danske money flows - source
Prosecutors are now investigating whether staff or management at Deutsche sanctioned the transactions, and whether they subsequently tried to cover them up, the person said, speaking on condition of anonymity.
10/15/2019
Budget representations: guidance
Guidance for submitting Budget representations.
10/15/2019
MEP calls for stronger EU anti-money laundering efforts amid Deutsche Bank withdrawals
Deutsche Bank's cutting of ties with five eurozone countries is embarrassment for European Banking Union, Sven Giegold says
10/15/2019
Deutsche Bank took years to flag suspect Danske money flows – source
Deutsche did not comment on the time taken to flag the transactions to authorities, which has previously not been reported, but said it ended its relationship with Danske in 2015 and had strengthened its anti-money laundering controls.
10/15/2019
The complex question of public UBO listings: how much transparency, is too much transparency?
It’s important to note that there’s no trepidation about transparency from a regulatory standpoint
10/15/2019
Monetary Policy: Adapting to a Changed World Speech given by Gertjan Vlieghe
I will discuss these in turn, and then consider the implications for how we set monetary policy in the future.
10/15/2019
Central Register of Beneficial Ownership of Corporates-An-Update-Ireland
On 29 July 2019 the Central Register of Beneficial Ownership of Companies and Industrial & Provident Societies ("Central Register") opened for filings.
10/14/2019
The market's uncertainty problem is getting worse
In many advanced economies, policy is not being conducted in a way that assists in providing some certainty to the decision-making process of local business.
10/14/2019
Managers hoping to see new era for fiscal policy
Departure of ECB's Draghi has many looking for strategy shift
10/14/2019
Cyprus, Malta lead EU ranking of $1.6 trillion assets held offshore
Offshore holdings, although in many cases completely legal, could help taxpayers hide taxable money and cut their bills if they stash their savings in low-tax jurisdictions.
10/14/2019
Deutsche Bank pulls the plug on Malta
Deutsche Bank has come under intense regulatory scrutiny across the globe over its processing of dirty money, some of which came about as a result of its correspondent banking relationships.
10/14/2019
Factris: EU Banks to Restrict Lending to SMEs
These new regulation changes will only make it more important for SMEs to avail themselves of alternative financing options available
10/14/2019
Brexit: Some Implications Under Irish Company Law - Ireland
Brexit may also have implications for auditors as UK audit firms may not retain automatic audit rights in Ireland if there is a no deal
10/13/2019
The Non-Resident Landlords Scheme
If your clients have entities with UK property which is generating rental income, they should ensure that appropriate returns are filed and tax paid by 31 January 2020.