11/01/2018
Appleby Guernsey Recommended by UK Guide
Appleby’s Guernsey office secured a Tier 2 ranking for its Dispute Resolution work with Partner Anthony Williams being described as a, ‘first-rate advocate’ with ‘an outstanding reputation’.
Legal, Regulation & Compliance
11/01/2018
ESMA issues clarifications on clearing and trading obligations ahead of 21 december 2018 deadline
From a legal perspective, neither ESMA nor competent authorities possess any formal power to dis-apply a directly applicable EU legal text or even delay the start of some of its obligations.
11/01/2018
Six Appleby Lawyers in Jersey Ranked by UK Guide
The 2018 edition of the respected Legal 500 UK Guide also highlights six Appleby lawyers as ”Leading individuals” in these key business areas, with Counsel, Jared Dann noted as a “Next generation lawyer” for his Dispute Resolution
11/01/2018
With this pre-nup I thee wed…
One increasingly common solution to this lack of clarity is a pre-nuptial agreement.
11/01/2018
Govt orders 2 firms claiming to help scam victims to close
Two linked companies that claimed to be able to recover funds for people who had lost money in alternative investments have been ordered into liquidation by the High Court.
11/01/2018
Law Firm Merges With London-Based Counterpart
Edward is a commercial and high-value residential property lawyer acting for investors, developers and builders, local authorities, government-backed agencies, professional firms and many commercial clients.
10/31/2018
Rodolfo Crespo: Eastern opportunities for financial advice
The agreement opens up export opportunities post-Brexit.
10/31/2018
Will Cost Disclosure Be The 'Halloween' of MiFID II ?
All wealth management firms, no matter how big or small will have to disclose every single cost and charge that they pass on to their end client.
10/31/2018
DWP claims it will cost £500m to ‘unfreeze’ expat pensions
Uprating of expat pensions bound by legal requirements in the country to which person has retired
10/31/2018
Sipp providers must check offshore investments, UK court rules
FCA warns Sipp providers to notify regulator of any financial strains due to claims from ruling
10/31/2018
Bahamas placed on UK’s money laundering watchlist
Under the UK’s Money Laundering, Terrorist Financing and Transfer of Funds law British regulated businesses are obliged to “take into account geographical risk factors” when assessing risk and the extent of anti-money laundering measures
10/31/2018
Danske Bank whistleblower will give department of justice information on massive Russian money laundering scheme
But the British bank official was required to stay silent because he had signed a nondisclosure agreement with his former employers.
10/30/2018
The crash is going to be violent: Italy headed for crisis, warns banker
The Italian government has not understood this.
10/30/2018
Asset managers buck trend as financial services complaints reach record high
Investment product complaints just 2% of total
10/30/2018
Did UBS Have a `Serious' Hiring Problem? Judge Asks at Tax Trial
Judge takes blunter stance after banker discredits witness
10/30/2018
SJP and Sesame are most complained about advice firms
As a whole, when complaints against St James's Place Wealth Management are factored in, SJP received 1,602 complaints
10/30/2018
Royal Bank of Scotland signs First Data for merchant services in UK
Worldpay Inc., in an 8-K filing with the U.S. Securities and Exchange Commission, disclosed the deal to end its referral agreement between its Worldpay U.K. Ltd. subsidiary and RBS in 2019.
10/30/2018
Cold calling ban to become reality in autumn
A draft of the full SI is published at Annex A of the consultation response document.
10/30/2018
Cryptoasset Taskforce publishes report on UK approach to cryptoassets
The Financial Conduct Authority (FCA) has today, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets.
10/30/2018
Cryptoassets Taskforce: final report
It provides an overview of cryptoassets and DLT, assesses the associated risks and potential benefits, and sets out the path forward with respect to regulation in the UK.