11/13/2019
Trust punch ups
Litigation has seen a sharp rise since the credit crunch with beneficiaries questioning their trustees and investment consultants providing context to UHNW clients on investment returns.
Legal, Regulation & Compliance
11/13/2019
Jersey structures for philanthropy
Philanthropy is important for many families, with increasing numbers establishing new structures to support particular altruistic causes that they identify with, whether those causes are technically charitable or not.
11/13/2019
Pubs, Privilege and Improper Purposes
Shell argued that both the conversation in the pub and the email were subject to legal professional privilege and could not be relied upon by Mr Curless.
11/13/2019
Jersey: Fit for the future
The collective strength of Jersey’s legal profession – its skills, its responsiveness, its tenacity, its expertise and its experience – cannot be underestimated.
11/13/2019
Maples Partner A "Rising Star" at European Legal Awards
The awards celebrate rising star lawyers across 20 different practice areas from 19 European countries.
11/13/2019
SGSS Mandated by Alfastrakhovanie Group to Provide Depositary and Custody Services in Russia
AlfaStrakhovanie is the largest private insurance company in Russia.
11/12/2019
RDP Law Gains Record Number of Listings in Leading Law Firm Guide
The firm has also been joined, in recent weeks, by Matthew Wells, who was recommended as one of Wales’ leading matrimonial lawyers by last year’s rankings.
11/12/2019
Libra Under Threat as European Central Bank Confirms Move Toward a Digital Currency
Draghi's departure may accelerate ECB digital currency plans.
11/12/2019
French Central Bank Job Posting Reveals Digital Currency Program
The bank also wants the analyst to experiment with other blockchain specialists in the eurosystem, participate in blockchain proof-of-concepts within and outside the bank and identify economic issues related to how monetary policy is conducted.
11/12/2019
Advisers warned about switch to automated tax
The government is currently subject to purdah rules ahead of the December 12 general election but FTAdviser understands should it be elected it will put the plan forward in the next Finance Bill.
11/12/2019
ESMA advice on the supervisory regime for TC-CPPs
The two-tier regime introduced with EMIR 2.2 requires that a Tier 2 TC-CCP must comply, at recognition and on an on-going basis, with all CCP requirements under EMIR in addition to the requirements of its home country.
11/12/2019
EBA speech on EU-wide stress test
The data showed that, in aggregate terms, the EU banking sector was resilient to adverse shocks, thanks to the continuous strengthening of capital positions by the major EU banks since 2011.
11/12/2019
If you feel like opting out, Employee Ownership Trusts could be the solution
The potential impact of Brexit, hard or soft, could also be immensely damaging to a number of industries.
11/12/2019
Europe’s Weakened Banks See a Road Around New Capital Rules
James von Moltke, Deutsche Bank AG’s chief financial officer, told analysts recently that he sensed a “shift in tone” among politicians and is optimistic that the final rules could be “less onerous” for the industry once they
11/12/2019
Law Firm Revenues Rise as Demand Accelerates, Citi Reports
The first nine months of 2019 saw 5.1% revenue growth for a sample of 190 law firms.
11/12/2019
DFMs turn to managers on liquidity as FCA lays responsibility elsewhere
AFMs could have a more client facing role in aftermath of Link’s issues with Woodford
11/11/2019
Deutsche Bank tech failings hit thousands of payments
Bank retreats on letter to BoE that CHAPS improvements were on track
11/11/2019
Macquarie Group secure key Irish banking licence
Macquarie, which has $A562bn (€349.53bn) of assets under management, confirmed it had been awarded both an investment firm licence and a bank licence in Ireland.
11/11/2019
Deutsche bank officials jailed over Italian bank's false accounting
Deutsche Bank and Nomura face fines and seizures totalling about €160m ($176 million) for their roles.
11/11/2019
EU states push for money laundering supervisor after scandals
The six countries said the new supervisor could be a new body or an existing watchdog, the European Banking Authority, which would need to be beefed up.