09/11/2019
Banks Don’t Need More Detailed Regulation, Danish Governor Says
And perhaps we should consider whether the fence poles are in the right place or whether we have fenced in some areas too much.
Legal, Regulation & Compliance
09/11/2019
When regulators become nationalists
EU’s new treatment of bank software assets is partly a response to global competitive pressures
09/11/2019
Trusts And Foundations In Malta
How the legal institutes differ under Maltese law
09/11/2019
Spanish Banks Face Risk of Penalties for Unfair Mortgages
EU court’s binding ruling expected in next four to six months
09/11/2019
FOS apologises for SJP complaints data error
But the actual number of upheld complaints remains unchanged.
09/10/2019
British banks seek tweaks to accountability rules
UK Finance said the report – compiled with law firm Ashurst and based on a survey of 60 senior managers across 25 banking institutions – showed that banks are now more cautious about taking risks and are committed to implementing SMCR.
09/10/2019
Investing in Women Code
The Investing in Women Code is a commitment by financial services firms to improving female entrepreneurs’ access to tools, resources and finance.
09/10/2019
An introduction to Jersey investment funds
The information that must be included in an Expert Fund's offer document (including the specified form of investment warning to be acknowledged in writing by investors) is set out in the Jersey Expert Fund Guide.
09/10/2019
London law firm continues on acquisition trail
The merger will strengthen Private Client and Real Estate practices and represents around £1.6 million of additional fee income for the firm.
09/09/2019
Danske Regulators Not Off the Hook as EU Continues Investigation
While the European Banking Authority closed an investigation into potential breaches of EU law earlier this year, a leaked report later showed that the regulator’s staff found a number of shortcomings by Danish and Estonian authorities.
09/09/2019
Luxembourg considers tougher rules on fund liquidity
Financial watchdog has been consulting privately with asset managers following high-profile fund suspensions
09/09/2019
Recognition for 11 Carey Olsen lawyers in Private Client Global Elite Directory
The 2019 edition received more than 8,000 entries, resulting in recommendations for 293 'Global Elite' lawyers and 136 'Ones to Watch'.
09/09/2019
Guernsey considers introduction of limited liability companies
The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many other international financial centre jurisdictions in introducing LLCs.
09/09/2019
More efforts needed to boost trust in business and finance
Strengthened public trust in business and finance is essential to encourage the productive investment and commerce that contribute to inclusive and sustainable economic growth.
09/09/2019
Amazonisation is the Future of European Financial Services
Three trends will dominate and disrupt European financial services over the next five years, according to a new report by PwC and Luxembourg for Finance, the development agency for the country’s financial centre.
09/09/2019
IA publishes guidance on electronic instructions
The Investment Association, the Charity Investors Group and the Charity Law Association have produced a guide for managers wishing to set up a CAIF, including and a model trust deed for a CAIF.
09/08/2019
Banker who deleted WhatsApp charged in insider dealing case
Mr Vishnyak was under investigation by the FCA for suspected insider dealing offences.
09/08/2019
Whistleblower says bank has blood on its hands: RAF veteran claims Standard Chartered helped Iran terrorists, ahead of court battle
RAF veteran claims Standard Chartered helped Iran terrorists
09/08/2019
UK Golden Visas snapped up by wealthy Hongkongers at unprecedented rate
Despite Brexit, 13 straight weekends of civil unrest in Hong Kong have prompted the region’s high net worth individuals to join their Mainland counterparts in buying their way into UK residency
09/06/2019
Phishing Attacks Exploit New Online Security Checks in EU, UK
To capitalize on this trend, attackers are targeting banking customers with fraudulent SCA messages.