02/18/2020
The judge ruled that a company director’s purchase of residential property from the company’s administrator at a “significant undervalue” had not been in the interests of creditors.
02/18/2020
TPR states that it will look to simplify how it presents its TKU expectations.
02/18/2020
The FCA said: "We have concerns that advisers may be recommending products with an ongoing advice requirement, potentially instead of more suitable options that do not have ongoing fees.
02/18/2020
The decision acknowledges that The Bahamas has implemented all the necessary reform to address concerns regarding economic substance, removal of preferential exemptions and automatic exchange of tax information.
02/18/2020
Jurisdictions that do not yet comply with all international tax standards but committed to reform are considered cooperative and included in a state of play document (Annex II).
02/17/2020
The liquidator alleged that a director of the Company had breached his statutory duties as a director of the Company under the UK Companies Act during the course of the administration.
02/17/2020
The Applicant applied for an interim proprietary injunction over the Bitcoins that remained in the cryptocurrency exchange account.
02/17/2020
During this transition period, EU laws and regulations will continue to apply in the UK and UK entities can continue to work in Luxembourg on the basis of their passporting rights.
02/17/2020
IOSCO notes that where a regulatory authority has determined that a cryptoasset is a security and falls within its remit
02/17/2020
The Italian anti-money laundering law at the time considered the IOR an entity coming from a non-European jurisdiction, and so “not equivalent” to the Italian anti-money laundering system.
02/17/2020
The purpose of this new update of the supervisory framework is to address one of the priority goals of the action plan for Capital Markets Union
02/14/2020
The controversy began several years ago with the search and seizure of Google France’s premises.
02/14/2020
The investigation is actually focused on transparency and whether I was transparent with and open with the bank, and with the board, with respect to my relationship with Jeffrey Epstein.
02/14/2020
The agreement will help meet the organisations’ shared values to help companies conduct business in the right way and grow through the adoption of internationally recognised best practice by going beyond just meeting regulatory requirements.
02/14/2020
Speech by Mark Steward, FCA Executive Director of Enforcement and Market Oversight, delivered at the City & Financial Global Ltd event, London.
02/14/2020
The DB amendment requires the government to lay before both the House of Lords and House of Commons a strategy for protecting public sector DB schemes within six months of the Pension Schemes Bill becoming an Act.
02/14/2020
The tax case is the first over what has become a national financial scandal in Germany
02/14/2020
Key pillars supporting the shift towards a more sustainable financial system are the measurement, verification and disclosure of ESG factors.
02/14/2020
Credit impairments matter because they’re the number one reason for bank failure. Banks make loans to apparently sound borrowers, then circumstances change.
02/14/2020
This comes after earlier this week calls for reform to the FSCS risked falling on deaf ears amid a refusal by the economic secretary to the Treasury to accept responsibility for setting the lifeboat scheme's levy.