05/13/2019
Remuneration trust avoidance scheme labelled high risk
The remuneration trust is set up in a contrived manner and is claimed to provide benefits to individuals (beneficiaries), other than the scheme user.
Legal, Regulation & Compliance
05/13/2019
The time has come for Guernsey Green Finance
Our track record on supporting climate finance is already most impressive.
05/10/2019
EU Antitrust Regulators Fine Banks For Manipulating FX Market
The EU could potentially parse out the rulings against the banks, instead of putting them all together in one day.
05/10/2019
Spanish prosecutors appeal acquittal of ex-Barcelona president
A company owned by Rosell played the role of intermediary in the negotiation of these contracts and allegedly pocketed nearly 8.4 million euros.
05/10/2019
Court of Appeal confirms ISDA 1995 Credit Support Annex does not provide for payment of 'negative interest'
The Court of Appeal gave three key reasons for its judgment. Firstly, the Court of Appeal agreed with the central reason given by the High Court
05/10/2019
SEA Asset partners with German alts manager
Singapore-based SEA Asset Management will help distribute Eschborn, Germany-based Seahawk Investment’s long/short equity fund in the Lion City.
05/10/2019
Future support for nature in UK Overseas Territories
The UK Government launches a Call for Evidence on safeguarding biodiversity in the UK Overseas Territories.
05/10/2019
FSCS considers compensation for investors in failed mini-bond firm
The FSCS said it also wants to further explore the relationship between LCF and Surge Financial Ltd.
05/10/2019
Can you Keep a Secret? Publishing the Identity of Ultimate Beneficial Owners
The UK Government is now turning its attention to the hotly debated issue of UBO transparency in British Overseas Territories and Crown Dependencies.
05/10/2019
Mada Capital signs for Profile Software Axia
MADA Capital is a financial group based in Dubai, providing financial services and advisory including asset management, fund management and growing wealth for individuals, family offices and institutional investors through tailor-made solutions and global
05/10/2019
FCA fines five directors over pension transfer failures
The Financial Conduct Authority (FCA) has today published Decision Notices in respect of three firms (Financial Page Ltd, Henderson Carter Associates Limited and Bank House Investment Management Limited) and five individuals (Andrew Page, Thomas Ward, Aid
05/09/2019
Property slowdown a risk for emerging markets
The weakness isn’t universal with China’s real estate market showing signs of green shoots again, while low rates have supported Poland’s real-estate market.
05/09/2019
Financial conduct regulation in a restless world
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Deloitte conduct risk roadshow 2019, London.
05/09/2019
Strike Out Applications: The Perils of Putting the Cart Before the Horse
In applying the above principles, the CICA formed the view that the Petitioner's complaints were more wide-ranging than the Judge had found
05/09/2019
JPMorgan, Citi said to face EU fines over currency collusion
Barclays, HSBC Holdings and UBS Group are also among a group of banks that the commission has been investigating for nearly five years, lagging behind US, the UK and Switzerland who have issued about US$10 billion in penalties.
05/09/2019
Resilience and innovation in post-trade by Dave Ramsden
I’m going to focus on technological developments and also resilience, two themes which resonate with my responsibilities at the Bank and my priorities for 2019.
05/09/2019
UKRN encourages policy makers to use Power of Attorney guide
The Power of Attorney guide aims to help organisations understand what the law requires of them when dealing with powers of attorney.
05/09/2019
Ogier advises on all cash offer for London-listed Lenta Limited
Ogier advised Lenta on its initial public offering on LSE in 2014, which made it the largest listed BVI company at that time, and has continued to advise the company since then.
05/09/2019
KPMG fined £5m over Co-operative Bank audit
KPMG will pay £4m after agreeing to a settlement.
05/09/2019
CaixaBank earmarks up to €890m for Spain-based lay-offs
Lender plans to let go of up to 6 per cent of Spanish workforce