11/06/2018
European Firms Look To UK Temporary Permissions
After Brexit the UK will no longer be part of the passporting regime, which allows a financial firm authorised in any EU member state to sell services in all the other member states.
Legal, Regulation & Compliance
11/06/2018
Aviva gets green light for €4bn pension fund launch in France
In France, insurance companies have generally been the main providers of pension arrangements, but a 2016 law known as Sapin II provided for the creation of pension funds in the form of an FRPS.
11/06/2018
EIOPA calls for immediate action to ensure service continuity in cross-border insurance
The insurers with the largest cross-border business in the EEA30 countries have taken action and are implementing contingency measures.
11/06/2018
Guernsey – in the global elite for private wealth
The Private Client Global Elite is a global directory of the world’s top private client and trust disputes talent and rising stars in the industry. Guernsey Finance sponsored a gala dinner in London for the elite list.
11/06/2018
Maintaining market confidence: an update on Brexit
Speech delivered by Nausicaa Delfas, Executive Director of International at the City and Financial: 3rd UK Financial Services Brexit Summit
11/06/2018
EBA publishes 2018 EU-wide stress test results
The final CET1 capital ratio is also affected by the cumulative decrease of the main sources of banks' income over the adverse scenario compared to the starting point.
11/06/2018
From GoSkippy to diamond mines: the web of Arron Banks's wealth
The tycoon’s complex finances are under scrutiny as the NCA investigates £8m of Brexit campaign funding
11/05/2018
Legal Guide Rankings Confirm Appleby as Leading Law Firm in Isle of Man
Last week Appleby Isle of Man also announced its ranking in The Legal 500
11/05/2018
Higher penalties for offshore matters
An offshore matter is where the potential loss of tax is charged on
11/05/2018
Property investment scheme shut down by courts
Investigation shuts down multi-million ‘Ponzi’ property scheme
11/05/2018
Women in Finance Charter
A pledge for gender balance across financial services
11/05/2018
Women in Finance Charter
The 'Women in Finance Charter' asks financial services firms to commit to implement 4 key industry actions.
11/04/2018
Market Watch - ’Flying Prices’ and ‘Printing Trades’
Newsletter on market conduct and transaction reporting issues
11/04/2018
MiFID II at the Midpoint
European Investment Managers Navigate the First Year of the New Era
11/04/2018
Worst Performers In EU Bank Stress Test Include Lloyds And Barclays
A banking partner at KPMG UK, Rob Smith, disclosed: “In a surprise set of results, UK banks have fared worse than their European counterparts as IFRS9, combined with high levels of unsecured debt, took its toll on capital.”
11/04/2018
Barclays and Lloyds fare poorly in EU bank stress tests
UK banks post unexpectedly weak results in European Banking Authority’s assessment
11/02/2018
European fund managers oppose ESG regulation
When the data was divided by job title, research analysts were the most likely to be against, with 89% of respondents against a regulatory requirement for ESG factoring.
11/02/2018
Obtaining a Jersey grant of probate: the fast-track procedure
Our legal fees for dealing with a fast-track probate application are generally between £700 - £800 excluding disbursements.
11/02/2018
Flexibility and innovation – trust legislation in Guernsey
That legislation has served the island and those using it as a platform for wealth administration very well and some of the innovations introduced then have since been adopted in other jurisdictions.
11/02/2018
Triage services could help advisers with PI cover
The Financial Conduct Authority (FCA) has clarified how firms can provide an appropriate triage service that gives factual and generic information without stepping across the advice boundary in defined benefit (DB) transfers.