03/02/2020
It’s time to talk about money - speech by Jon Cunliffe
Given at the London School of Economics
Legal, Regulation & Compliance
03/02/2020
Baker McKenzie shuts London office after suspected coronavirus outbreak
It follows confirmation of over 16 cases of coronavirus in the UK.
03/02/2020
Ireland: 24,000 reports of suspicious financial transactions
Over the year 73 people were charged with 284 money laundering offences and 28 were convicted, up from 11 in 2017.
03/02/2020
A rag-bag of changes to UK money laundering regulations
Few of these updates break completely new ground, but there are quite a number of technical tweaks that will require AML and CDD policies and procedures to be reviewed and updated
03/02/2020
Deutsche Bank under pressure from UK watchdog
The Bank of England's Prudential Regulation Authority (PRA) and FCA have been monitoring Deutsche since 2015, and placed the lender under special supervision a year later.
03/02/2020
DNB revises money laundering guidelines
These measures aim to ensure that all risk takers are identified.
03/02/2020
Billions at Stake for Spanish Banks in EU Court Mortgage Ruling
A negative ruling for the banks would go against a 2017 verdict by Spain’s Supreme Court
03/01/2020
Coronavirus Contingency Planning for the Workplace in Ireland
As many countries, including Ireland, are stepping up preparations in the event that the Coronavirus outbreak continues to unfold, in this update, we look at the preparations that employers in Ireland should be making and answer some of the key questions
02/28/2020
Fiera Capital's Bokor-Ingram investigates EM markets at Nordic Summit
Between 1995 and 2002 Dominic worked for Regent Pacific, from which Fiera Capital was demerged, where he was responsible for 23 Eastern European funds.
02/28/2020
FCA 'Dear CEO' letter to asset management firms on LIBOR preparations
The FCA refers to the targets published by the Bank of England and the Working Group on Sterling Risk-Free Reference Rates and urges firms to adopt them in their LIBOR transition plans.
02/28/2020
ABN Amro Offices Raided by Police in Frankfurt Over Tax Scandal
The tax probe focuses on a strategy known as Cum-Ex which has implicated dozens of banks and financiers.
02/28/2020
Steven Seagal fined £240,000 over cryptocurrency scheme
The SEC also noted that under anti-touting provisions of federal securities laws, "any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in excha
02/28/2020
Five arrested in suspected tax charge fraud
HMRC said it is looking at 200 more people in relation to such offences.
02/28/2020
Pillar 2A: Reconciling capital requirements and macroprudential buffers
The proposals in this CP only relate to the 1 percentage point structural increase in the UK CCyB in the standard risk environment CCyB announced by the FPC on Monday 16 December 2019.
02/28/2020
FCA Announces New Rules For Open-Ended Funds Investing In Inherently Illiquid Assets
The use of suspensions had therefore raised questions regarding how best to strike a fair balance between the interests of investors wishing to redeem holdings and those wishing to remain invested.
02/28/2020
Former Barclays chiefs cleared of £4bn fraud charges
Wherever our evidential and public interest tests are met, we will always endeavour to bring this before a court.
02/27/2020
Bank of England 'turbo-charges' moves to ditch Libor
Libor, available in sterling, dollar and other currencies, is used to price contracts like home loans and credit cards worth around $400 trillion (308 trillion pounds) globally.
02/27/2020
Missing millions are no excuse for failing to account...
In early 2019 the beneficiaries formally requested from the executors information concerning the assets in the estate and an account of how the executors had been dealing with them.
02/27/2020
Guernsey reports surge in new captive numbers
Guernsey is responsible for more than a third of the European captives market.
02/27/2020
How equity markets are increasingly adapting to lower growth prospects
The economic hit caused by the draconian response in China and elsewhere to the threatening spread of coronavirus is just the latest example.