09/10/2019
Investing in Women Code
The Investing in Women Code is a commitment by financial services firms to improving female entrepreneurs’ access to tools, resources and finance.
Legal, Regulation & Compliance
09/10/2019
An introduction to Jersey investment funds
The information that must be included in an Expert Fund's offer document (including the specified form of investment warning to be acknowledged in writing by investors) is set out in the Jersey Expert Fund Guide.
09/10/2019
London law firm continues on acquisition trail
The merger will strengthen Private Client and Real Estate practices and represents around £1.6 million of additional fee income for the firm.
09/09/2019
Danske Regulators Not Off the Hook as EU Continues Investigation
While the European Banking Authority closed an investigation into potential breaches of EU law earlier this year, a leaked report later showed that the regulator’s staff found a number of shortcomings by Danish and Estonian authorities.
09/09/2019
Luxembourg considers tougher rules on fund liquidity
Financial watchdog has been consulting privately with asset managers following high-profile fund suspensions
09/09/2019
Recognition for 11 Carey Olsen lawyers in Private Client Global Elite Directory
The 2019 edition received more than 8,000 entries, resulting in recommendations for 293 'Global Elite' lawyers and 136 'Ones to Watch'.
09/09/2019
Guernsey considers introduction of limited liability companies
The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many other international financial centre jurisdictions in introducing LLCs.
09/09/2019
More efforts needed to boost trust in business and finance
Strengthened public trust in business and finance is essential to encourage the productive investment and commerce that contribute to inclusive and sustainable economic growth.
09/09/2019
Amazonisation is the Future of European Financial Services
Three trends will dominate and disrupt European financial services over the next five years, according to a new report by PwC and Luxembourg for Finance, the development agency for the country’s financial centre.
09/09/2019
IA publishes guidance on electronic instructions
The Investment Association, the Charity Investors Group and the Charity Law Association have produced a guide for managers wishing to set up a CAIF, including and a model trust deed for a CAIF.
09/08/2019
Banker who deleted WhatsApp charged in insider dealing case
Mr Vishnyak was under investigation by the FCA for suspected insider dealing offences.
09/08/2019
Whistleblower says bank has blood on its hands: RAF veteran claims Standard Chartered helped Iran terrorists, ahead of court battle
RAF veteran claims Standard Chartered helped Iran terrorists
09/08/2019
UK Golden Visas snapped up by wealthy Hongkongers at unprecedented rate
Despite Brexit, 13 straight weekends of civil unrest in Hong Kong have prompted the region’s high net worth individuals to join their Mainland counterparts in buying their way into UK residency
09/06/2019
Phishing Attacks Exploit New Online Security Checks in EU, UK
To capitalize on this trend, attackers are targeting banking customers with fraudulent SCA messages.
09/06/2019
Christine Lagarde urges ‘greening’ of EU monetary policy
She was appearing before a packed meeting of Parliament’s Committee on Economic and Monetary Affairs which subsequently backed her nomination.
09/06/2019
FCA new webpage on the transition from LIBOR
SONIA offers a robust alternative to LIBOR.
09/06/2019
Stress tests and the countercyclical capital buffer: the U.K. experience
Speech given by Donald Kohn, Member of the Financial Policy Committee
09/06/2019
EBA Chair Calls for More EU Action on Money Laundering
“A move from a directive to a regulation-based framework would help address such divergences and is arguably a perquisite to more centralisation, if so desired,” he told MEPs.
09/06/2019
Money-laundering scandals spark new risk retrenchment
As Europe’s financial conduct authorities get tougher, banks will be even less likely to support trade between the EU and states that are small and poor.
09/06/2019
$11 Billion German Tax Scandal Probed by EU Bank Watchdog
The London-based regulator is coordinating its efforts with the European Union’s markets watchdog ESMA.