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
Legal, Regulation & Compliance
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
10/01/2019
FCA launches rules to prevent liquidity crunch among UK property funds
A new detail in the rules means that fund managers may be allowed to continue to trade units under distressed market conditions
10/01/2019
Chancellor announces support for post-Brexit future
The Chancellor pledged to increase the national living wage
10/01/2019
Claim Brexit is about concealing offshore accounts is baseless
Broadly, the new directive is intended to prevent corporate tax avoidance practices, and has been planned since 2015.
10/01/2019
Panmure Gordon losses up after Bob Diamond group takeover
Ex-Barclays boss and Qataris ramp up spending to create ‘21st century merchant bank’
10/01/2019
Banker 'lost control' and bludgeoned abusive wife to death, court hears
The defendant was a "quiet and calm" individual with an "impeccable" character and "extraordinary powers of self-restraint", the jury heard, despite his wife's abuse of her "useless" husband.