02/20/2018
Global regulators neutral on new rules for 'hyped' fintech
Analysts have said banks could become irrelevant as fintech firms become the “face” of financial services, a scenario Basel said seems far-fetched.
Legal, Regulation & Compliance
02/20/2018
Bond star Hasenstab to manage new emerging local currency bond fund
Emerging market local debt has returned 4.4 percent since the start of the year, making it one of the best performing asset classes.
02/20/2018
FCA meets with asset managers over new cost disclosure rules
As Mifid II rules around fee disclosure take effect, research found some fund managers’ costs have been shown to increase at least two times beyond the ongoing charges figure.
02/20/2018
Incoming FCA chairman invested in film tax-avoidance scheme
Fresh blow to regulator after row over publishing GRG report
02/20/2018
The ECB's collateral rule is a step to a safer German banking system
German banks tend to place bonds with domestic banks, and often within their own banking network.
02/20/2018
MPs to decide whether to release controversial Royal Bank of Scotland report
The Treasury Select Committee will meet on Tuesday to discuss whether to officially publish the GRG report.
02/19/2018
Monaco resident Russian Billionaire Dmitry Rybolovlev Continues His Epic Legal Crusade Over the ‘Largest Art Fraud in History’
Rybolovlev’s latest efforts constitute something of a one-two legal punch.
02/19/2018
Global law firm advises on first UK Islamic RMBS transaction
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
02/19/2018
Madrid hopes ECB appointment leads to wider EU role
De Guindos poised for senior job as Spain aims for bigger policy say
02/19/2018
ECB freezes Latvian bank after laundering allegation
The bank's listing on the Nasdaq Riga stock exchange was also suspended, according to the Baltic News Agency.
02/19/2018
Gordon Dadds expands Cardiff operation with arrival of Thomas Simon team
Thomas Simon’s business will be merged with Gordon Dadds’ business in the new offices.
02/18/2018
HSBC hopes to leave era of scandals behind
The bank has been held back by huge fines and hasty acquisitions, but believes it is now in a position to grow again
02/18/2018
Lloyds boss Antonio Horta-Osorio jilted Standard Life over £6bn Widows merger
The announcement last week knocked 7.5% off Standard Life Aberdeen’s shares.
02/16/2018
European watchdog warns of investment fund ‘fire sales’
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board has warned.
02/16/2018
Former Linklaters partner sentenced to three years in prison for sexual assault
Ex-magic circle partner sentenced today in Munich following 2014 assault
02/16/2018
Cyprus will present its plans for an asset management company
The Cypriot plans will be tabled during meetings with DG Com officials in Brussels next week, the same sources added.
02/16/2018
Time for urgent action on 'another major misselling scandal'
The report describes how many BSPS members were shamelessly bamboozled into signing up to ongoing adviser fees and unsuitable funds characterised by high investment risk, high management charges and punitive exit fees.
02/16/2018
GDPR - 100 days and counting: Are you ready?
The GDPR will bring with it some important changes to data protection law.
02/16/2018
Leading regional law firm to open up in Exeter after merger
The thriving law firm has announced a merger with Exeter firm Morgan & Pope, based at Cathedral Yard, continuing the steady growth through office expansion seen over the last 12 years.
02/16/2018
Ogier advises on purchase of Chancery Lane offices
It is currently let by law firm Lewis Silkin until 2023 and comprises over 80,000 sq ft of office space.