10/02/2019
ECB's Enria urges Malta to tighten checks on banks
Last year, the ECB shut down Malta-based international lender Pilatus Bank after its chairman was charged in the United States over money laundering and fraud
Legal, Regulation & Compliance
10/01/2019
FCA launches rules to prevent liquidity crunch among UK property funds
A new detail in the rules means that fund managers may be allowed to continue to trade units under distressed market conditions
10/01/2019
Chancellor announces support for post-Brexit future
The Chancellor pledged to increase the national living wage
10/01/2019
Claim Brexit is about concealing offshore accounts is baseless
Broadly, the new directive is intended to prevent corporate tax avoidance practices, and has been planned since 2015.
10/01/2019
Panmure Gordon losses up after Bob Diamond group takeover
Ex-Barclays boss and Qataris ramp up spending to create ‘21st century merchant bank’
10/01/2019
Banker 'lost control' and bludgeoned abusive wife to death, court hears
The defendant was a "quiet and calm" individual with an "impeccable" character and "extraordinary powers of self-restraint", the jury heard, despite his wife's abuse of her "useless" husband.
10/01/2019
Third party AIFMs to focus on quality and expertise
Quality is important because there is a lot of cost pressure.
09/30/2019
European investors target lavish executive pay in US
Tougher stance taken by EU funds on S&P 500 remuneration awards than American peers
09/30/2019
UK Supreme Court: Prorogation null and of no effect
The decision is of fundamental importance in delineating the boundaries of the power of the Courts to overrule the exercise of executive power where that exercise is held to be unlawful.
09/30/2019
Parents Can Eliminate Child Benefit Tax
The tax on child benefit can be reduced or even removed, for those with income in this bracket
09/30/2019
UK government writes to British expats but pension freeze risk remains
Pensioners will not need to do anything to continue receiving their state pension in that time.
09/30/2019
Britain to introduce a Magnitsky law after Brexit: foreign minister
Magnitsky died in a Moscow prison in 2009 after complaining of mistreatment.
09/30/2019
Prudential fined £23.8m for annuity sales
The Financial Conduct Authority has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities.
09/30/2019
Barclays Agrees to Pay $6.3 Million in Asian Hiring Case
Barclays violated the Foreign Corrupt Practices Act by using employment at the bank to influence deal making, and failed to maintain a system of internal controls around hiring, the SEC said.
09/30/2019
FCA tightens liquidity rules for open-ended funds
The new rules apply to these funds, known as non-UCITS retail schemes (NURSs), but will not apply to other types of fund, such as UCITS, which are already subject to restrictions relating to such assets.
09/30/2019
Firms face 'grey areas' as value for money rules come into force
Asset managers required to publish annual value statements
09/30/2019
Firms face 'grey areas' as value for money rules come into force
Firms face 'grey areas' as value for money rules come into force
09/29/2019
Reform of Ireland's investment limited partnership laws moves to next stage
The bill is designed to modernise the Investment Limited Partnership Act, which was first introduced in 1994
09/29/2019
German watchdogs to adopt common GDPR fines policy
Data protection law expert Ruth Maria Bousonville of Pinsent Masons, the law firm behind Out-Law, said recent fines issued by the Berlin commissioner for data protection and freedom of information are in line with the approach
09/29/2019
Central Bank of Ireland issues year-end deadlines for funds
Individual questionnaires relating to qualifying investor alternative investment funds must be received by the CBI by 5pm on 2 December.