06/03/2019
Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros (US$458.3 million), LHV said on Monday.
05/31/2019
National Crime Agency (NCA) disclosed obtained the Unexplained Wealth Orders (UWO) at London’s High Court for three houses in prime locations in the British capital which had been bought for more than 80 million pounds and were held by offshore comp
05/31/2019
The effectiveness of the Directive therefore depends on the way it is enacted by each Member State.
05/31/2019
The file should be kept at the registered office of the company and must be made available on request to the tax authorities as part of a review of the tax return or an on-site inspection.
05/31/2019
The regulatory uses of the LEI are multiple and the benefits can be substantial.
05/31/2019
Raphaels failed to have adequate processes to enable it to understand and assess the business continuity and disaster recovery arrangements of its outsourced service providers
05/31/2019
The transaction will close on December 31, 2019
05/31/2019
The scheme stated: "Following our investigations, we now understand London Capital & Finance’s business practices much better, and we believe there are sufficient grounds for us to carry on exploring these issues.
05/30/2019
This means buyers only need a 5 per cent cash deposit and a 75 per cent mortgage to make up the rest. In London the government loan even amounts to 40 per cent.
05/30/2019
"Advisers work with one set of documents, one set of compliance rules and one client file record ensuring consistent and accurate advice at all times."
05/30/2019
The FSCS told FTAdviser it had received 229 claims against the brother's advice arm Taylor & Taylor Associates, totalling £5.5m.
05/30/2019
London is no longer perceived as the world's preeminent financial centre by global professionals, the majority of whom now see New York as the world's financial hub, with Brexit uncertainty weighing heavily on perceptions of the UK capital'
05/30/2019
It has also unveiled rate reductions of up to 0.20 percentage points across seven of its two-year and five-year fixed rate products, with LTVs ranging from 85-95 per cent.
05/30/2019
The London property is linked to a politically exposed person believed to be involved in serious crime.
05/30/2019
“The new arrangements will lead to smoother operations in areas such as information exchange, regulatory cooperation and ultimately the authorisation of funds,” said ZEDRA Hong Kong Managing Director, John Ashwood.
05/30/2019
The FCA identified significant shortcomings by principal firms as to how they understood and complied with their regulatory responsibilities in respect of their ARs.
05/30/2019
This new initiative follows Italy, which enacted in early February 2019 a set of rules establishing an overarching legal foundation for the validity and enforceability of distributed ledger technologies and smart contracts.
05/30/2019
ESMA has been asked to provide its contributions by no later than 31 December 2019.
05/30/2019
While Mr Milton only uses one platform, he had a client who had assets spread across two platforms.
05/29/2019
Church Commissioners, the organisation that manages the assets of the Church of England, has a huge pay gap between its highest and lowest-earning employees, according to its latest annual report.