10/04/2019
Unigestion makes Italian push with Allianz Bank Financial Advisors partnership
The strategy seeks to achieve this by capturing the upside during "bull" markets while protecting capital during market downturns.
Legal, Regulation & Compliance
10/04/2019
Guernsey investment funds ‘more competitively placed than others’
Other panellists at the event agreed that achieving substance has become an increasingly important issue in jurisdictional choice for general and limited partners and that Guernsey was now more strongly positioned in the market.
10/04/2019
Scammers forced to compensate victims of £1.4m scheme
The court made a confiscation order against Bhandari for £376,604, all of which is to be paid as compensation to the confirmed victims, while Mirza’s order is for £1.2m. More than £750,000 of this will be used as compensation.
10/03/2019
The Real Life Laundromats
The film is based on the Panama Papers, a major investigation published in April 2016 by a group of media outlets led by the ICIJ.
10/03/2019
EBA publishes reports on Basel III reforms and liquidity measures
To comply with the Pillar 1 requirements in the new framework, EU banks would need EUR 26 billion of additional total capital, of which EUR 24.9 billion of Tier 1 capital.
10/03/2019
Basel III monitoring results based on end-2018 data published by the Basel Committee
The report sets out the impact of the Basel III framework that was initially agreed in 2010
10/03/2019
Top executives at Italian banks under investigation in diamond probe: document
According to the document, notifying the closure of the probe, those under investigation included former UniCredit country chairman for Italy Gabriele Piccini — today a top manager at Intesa Sanpaolo.
10/03/2019
EU to consider new supervisor in fight on money laundering
Despite criminal organizations frequently laundering the proceeds of their illegal activities abroad, the fight against financial crime is mostly dealt with by national authorities.
10/03/2019
Beware the email auto-signature
The Claimants contended that the electronic signature was capable of rendering the document “signed” as long as the name had been included on it in order to authenticate the agreement contained in the document.
10/03/2019
Women not entitled to pension age change compensation, high court rules
Women of all ages can take steps to claim additional state pension credits, if they are not earning enough to pay National Insurance due to caring responsibilities.
10/03/2019
English Court grants an asset preservation order over Bitcoin - further guidance for the Cayman Islands
Mr Robertson thought he was transferring 100 Bitcoin to a company in which he wished to invest.
10/03/2019
Extraterritorial powers of UK Liquidators brought in line with those of Cayman Liquidators
The decision indicates that the UK position will now replicate that already existing in the Cayman Islands under section 107.
10/02/2019
Generali exits race for BBVA's bancassurance business
BBVA’s insurance unit in Spain revealed a 4.8% increase in profits to €311 million last year.
10/02/2019
Vatican's secretariat of state searched in financial probe
They were believed to be the first at the secretariat of state, which co-ordinates the activities of the Holy See, functions as the seat of governance of the universal Catholic Church and oversees diplomatic relations with more than 180 nations.
10/02/2019
ESMA guidelines on risk factors under the Prospectus Regulation
These guidelines are based on Article 16 (4) of the Prospectus Regulation.
10/02/2019
Multinationals must respond to increasing KYC and UBO requirements
TMF Croatia spoke about these laws, and the need for companies to collect transparent data on individuals right to the top of their ownership structure.
10/02/2019
Updated technical documentation and parallel publication of the monthly calculation of the technical information related to the risk-free interest term structure
The updated technical documentation would be effective for calculations from 1 January 2020
10/02/2019
Intellectual property Brexit checklist
UK companies will lose their database rights in the EU and should ensure there are robust contractual restrictions around any use of any databases licensed out/made publicly available to mitigate against this.
10/02/2019
Influential investor says Romania won’t be able to keep single tax rate any longer
The AHK Romania president said his predictions are based on discussions he had with local politicians
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