08/16/2019
Moscow Court Transfers French Banker To House Arrest
They all deny any wrongdoing and say the case is being used against them in a corporate dispute over the control of a Russian bank.
Legal, Regulation & Compliance
08/16/2019
Tribunal overturns FCA ban on 'reckless' Barclays Wealth exec
The FCA also alleged that Mr Tinney made false or misleading statements to his colleagues in a response to the US Federal Reserve Bank of New York in November 2012 about the same document.
08/16/2019
Sabbaticals – getting it right for both employer and employee
Three months is often the maximum for formal schemes but there may be other occasions where longer would be appropriate, eg for a career break.
08/16/2019
Milbank Advises Berenberg on Financing of Biotest AG
The company specializes in clinical immunology, hematology, intensive care and emergency medicine.
08/15/2019
2019 Banking Industry Outlook
Optimism for banking and capital markets
08/15/2019
ECB warns UK-based banks on Brexit preparations
The slow move came due to Brexit date postponements.
08/15/2019
Ailing Banks Expose Fault Lines in Europe
European Union policy makers woke up to those problems after the crisis,
08/15/2019
Carey Olsen and JTC support upcoming launch of Criptyque's Jersey cryptocurrency exchange
The team behind Criptyque continues to build a secure and private ecosystem and, in addition to PryvateX
08/15/2019
FCA will not be forced to help with Connaught review
The fund was an unregulated collective investment scheme run by operators Capita Financial Managers and Blue Gate Capital from March 2008
08/15/2019
Prosecutors add fraud charges to former Barclays executives accused in Qatar case
the UK’s Serious Fraud Office has included charges of actual fraud to the existing counts of conspiracy to defraud against the men
08/15/2019
HSBC fined by data protection commissioner for investigating employee’s bank accounts
Muscat’s employment with the bank was terminated in December 2018.
08/15/2019
Malta: Payment Services Directive To Be Transposed Into Maltese Law
One of the main amendments is the introduction of Third-Party Providers (TPPs)
08/15/2019
Bank Records Link President of Cyprus to ‘Troika Laundromat’
Two of those shells — Batherm Ventures Ltd. and Matias Co Ltd. — appear to be deeply entwined with the Troika Laundromat
08/15/2019
Court of Appeal: Financial Loss Claims Statute Barred
Given the above findings, Mr. Justice Haughton found that it was unnecessary to determine whether the investors were entitled to rely on an allegation of fraud in relation to the alleged non-disclosure of the LTV covenants, which would have the effect of
08/15/2019
NCA freezes £100m suspected to be from corruption overseas
Court orders cover eight bank accounts linked to individual who has already had £20m frozen
08/14/2019
Damages for wrongful dismissal in the Royal Court of Jersey
The judgment, Alwitry v The States Employment Board, potentially has very significant implications for Jersey employers – although it should be noted that it is currently being appealed.
08/14/2019
Luxembourg pushes DAC6 legislation forward by laying out mandatory disclosure guidelines for tax harmful cross-border arrangements
DAC6 concerns all EU member states and must be enacted by 31st December 2019
08/14/2019
Court Refuses to Thaw Banks's Decision to Freeze
The decision serves to remind financial institutions of the importance of the terms and conditions that they have in place with their clients
08/14/2019
SRB and European Commission sign Memorandum of Understanding
The MoU spells out the working methods between the SRB and the Commission in line with the Single Resolution Mechanism (SRM) legal framework.
08/14/2019
Charities, data protection officers, GDPR: where are we now?
The GDPR aimed to make organisations accountable for data protection and imposed a requirement on those organisations to demonstrate compliance.