01/09/2020
Art and money laundering: The U.K. enacts new art laws and all buyers and sellers need to pay attention
Regardless of the jurisdiction, all art transactions carry risk.
Legal, Regulation & Compliance
01/09/2020
Richest Nordic Nation Gets a Banking Giant After Rates Diverge
Norway's main rate is 1.5% after cycle of hikes Norway stands out as one of the world’s richest nations.
01/09/2020
Julius Baer contests renewed claim by liquidator of Lithuanian firm
The Bank continues to contest the claim vigorously while taking appropriate measures to defend its interests.
01/09/2020
Carey Olsen remains leading agent for TISE listings
The company also completed more high yield listings than any other listing agent, acting in connection with half of all high yield bonds listed on TISE last year, reflecting its position as the market leader in this area.
01/09/2020
Minibonds to cost FSCS millions
The FSCS pays compensation up to a limit of £85,000, so bondholders with investments exceeding this amount will still lose money.
01/09/2020
Dutch banks are freezing accounts under FATCA
FATCA was passed in 2010 and forces banks wanting to operate in the US to report any assets held by American citizens overseas.
01/09/2020
EU watchdog says can meet deadline for UK clearers after Brexit
Britain and the EU have agreed they would seek to complete assessments for equivalence by the end of June.
01/08/2020
Risky corporate debt is piling up, out of sight from global regulators
Private equity firms also use billions of dollars of debt to take over public companies and, ideally, spruce them up and make more competitive.
01/08/2020
SMCR burden to hit solo-regulated advice firms hardest
As freeze on FCA register updates means they will likely need to self-report their status
01/08/2020
France to cyber-stalk suspected tax avoiders on social media
Budget minister says it is ‘one more tool to fight fraud’
01/08/2020
'Hasty' and 'meaningless': Industry responds to IR35 review
But the review has been branded “meaningless” by some in the industry who claim it will not tackle the key problems surrounding IR35.
01/08/2020
Cross-border transactions face EU anti-money laundering overhaul
Attempting to stop the movement of illicit funds across international borders is one of the new text’s priorities
01/07/2020
Businesswomen Launch Manchester Law Firm
They have established the new venture in a bid to challenge not only the "traditional law firm model", but also the current fee share models which have evolved over recent years.
01/07/2020
Cambridge tops Grant Thornton’s sustainable growth index for sixth year - and South Cambridgeshire is close behind
South Cambridgeshire was close behind, coming seventh in the overall index and sixth for dynamism.
01/07/2020
Berlin-based Finoa closes multi-million seed funding to transform the digital asset sector
The custody platform enables its users to securely store and manage their cryptographic tokens, while providing a directly accessible, highly intuitive and unique user-experience.
01/07/2020
Greece joins the club of countries favouring non-dom status
According to the tax bill, for an investor to be taxed at the minimum of €100,000
01/07/2020
Guernsey to stay on Netherlands tax blacklist
By drawing up its own stringent blacklist, the Netherlands is once again showing that it is serious in its fight against tax avoidance,
01/07/2020
Egrant inquiry uncovered ‘hidden’ Pilatus filing system
Bank wanted a ‘perfect’ report
01/07/2020
Shareholders Unsuccessful in First Class Action Against Directors
The judgment concerns the recommendation made by directors to shareholders, and disclosure of information ahead of a shareholder vote approving the acquisition.
01/07/2020
London Loan Brokerage struck off company register after £237 million London Capital & Finance minibond scandal
Minibonds offer high returns, reflecting the much higher risks involved compared with other types of investments.