01/30/2019
Manchester Law Firm Opens London Office
The firm is also looking to acquire a London law firm to support its anticipated growth.
Legal, Regulation & Compliance
01/30/2019
Ex-Merrill Lynch VP Launches IFISA to Fund Individual Claims Against Banks and Companies
Investors will ultimately be assisting those who may have been wronged by banks, institutions or individuals
01/30/2019
Who's Who Legal Awards
Firm of the Year 2018: Hogan Lovells
01/29/2019
Steven Gerrard sues HSBC for £100m over tax schemes
Rangers manager Steven Gerrard is taking legal action against his wealth manager following a crack down on tax avoidance schemes.
01/29/2019
Accessing retail clients is a worry for UK firms post Brexit
Pimfa chief admits ‘the critical point for us is we want time’ after Brexit inquiry opens
01/29/2019
Changes to align the FCA Handbook with the EU Prospectus Regulation
It also applies to firms and persons who invest in or deal in transferable securities through public offers or regulated markets in the UK.
01/29/2019
CFA Institute to oversee fiduciary manager performance standard
The right language could make a single standard applicable globally even if regulatory requirements varied geographically, he said.
01/29/2019
New rules for UK retirement income products
It is also proposing that a consumers' pension investments not be defaulted in cash savings, unless the option is actively chosen by the consumer.
01/29/2019
Perspective starts year of purchases with Newcastle IFA
The firm’s managing director Alan Galloway retire after continuing to work with Perspective while clients are transitioned.
01/29/2019
Japan Adequacy Decision Adopted by the EU Commission
One of the circumstances where international transfers are permitted under the GDPR is where the EU Commission has passed an “adequacy decision” in relation to the country
01/29/2019
Happy Data Protection Day! GDPR, no deal Brexit and the Crown Dependencies
GDPR has brought awareness of privacy rights to the forefront of many businesses' agendas
01/28/2019
Serbia's AIK plans new bid for all of Slovenian Gorenjska Banka
The bid price was not disclosed but AIK last year offered to pay 298 euros per Gorenjska share
01/28/2019
Moscow banker: Russian money launderers entranced by Danske's trustworthy name
Russian law enforcement authorities will start helping the Estonian prosecutor's office and police in investigating the large-scale money laundering in Danske's Estonian branch
01/28/2019
Bentley Has A Serious Brexit Problem
But not all is lost.
01/28/2019
Death of the 500 euro note, bill favoured by criminals … and Germans
The banknote’s death warrant was signed in 2016 when the ECB formally ended its production over concerns it could ‘facilitate illegal activities’
01/28/2019
Basel Committee finds liquidity risk principles still fit for purpose
The Basel Committee on Banking Supervision has confirmed that its 2008 principles for sound liquidity risk management and supervision remain relevant and fit for purpose.
01/28/2019
Offshore company beneficial ownership registers and trusts: By Ashley Fife,Carey Olsen
Families who have established, or are looking to establish, trust structures ought to be comforted to some extent
01/28/2019
Open banking: clarity provided for banks over 'opt outs' and revoking consent
The views expressed by the European Banking Authority (EBA) build on other guidance banks have been given in relation to customer consent in the context of open banking.
01/28/2019
Further regulatory perils await unwary financial sector
Perhaps due to the sheer volume of regulatory changes, a quick-fix approach still prevails in the industry.”
01/28/2019
DFSA Enforces Fine in the UK Against Sanctioned Individual
While Mr Grimes did not challenge the DFSA’s findings against him, he failed to pay the fine by the date it was due.