09/04/2018
Woodbrook CEO warns against unregulated consultants in Cyprus
Despite this, several international financial advisory firms on the island are continuing to target expatriates without having a proper license.
Legal, Regulation & Compliance
09/04/2018
Funds sold by Lumiere found “too risky”: Fraud trial
His former boss at Orbital, Paul Knight, told the firm considered whether to offer Providence funds, but some of the directors considered the fund too risky, the Jersey Evening Post reports.
09/04/2018
HMRC considers opening 27 investigations for ‘serious’ tax evasion against some of the UK’s biggest businesses
The new corporate criminal offence of the Criminal Finances Act 2017 means that big businesses can be held criminally liable if they fail to prevent their employees
09/04/2018
PRA Regulatory Digest
The Bank of England prudentially regulates and supervises financial services firms through the Prudential Regulation Authority.
09/04/2018
Strengthening the European financial industry amid disruptive global challenges
The euro area has been very successful in providing a top-tier foundation for innovative payment services.
09/04/2018
ECB speech: Integrating the EU payments market
on a proposal for a regulation on certain charges on cross-border payments in the Union and currency conversion charges
09/04/2018
Shamed banker branded ‘biggest rogue trader in British history’ faces deportation to Ghana
A Home Office spokesman said: “All foreign nationals who are given a custodial sentence will be considered for removal.
09/04/2018
Germany drops spy case against Swiss secret serviceman
Zinniker had been accused of commissioning private agent Daniel M. for espionage activities against German tax investigators and authorities in 2011.
09/03/2018
Danish billionaire Povlsen to anchor £2bn Funding Circle float
Anders Povlsen, one of the UK's biggest landowners, is to snap up a 10% stake in the peer-to-peer lender, Sky News learns.
09/03/2018
Make auditors pay for any pension underfunding
A company pension is part of an employment contract between the employee and employer.
09/03/2018
Is Irish Pension Reform on the Horizon?
Specics have been long-delayed thanks to a hung parliament.
09/03/2018
Luxembourg lures asset managers ahead of Brexit
Close to 5,000 people now work for investment managers in the grand duchy
09/03/2018
UK: The "Beneficial Owners" Register Of UK Companies: A Consideration Of Problem Areas Arising From The Legislation
The legislation creating the PSC register does not apply to UK branches of foreign-registered companies.
09/03/2018
‘Scam’ lawyer Gregory King's Costa del Sol mansion is seized
Trustee is selling Gregory King’s assets to pay off record £120m debt
09/03/2018
DC managers, plans in a pickle as U.K.’s transaction-cost disclosure reports near
I don't think we've expected it to be this tough, but the data isn't there
09/03/2018
Govt should fine or disqualify pension-dodging directors
The majority of Pensions Buzz respondents said directors who avoid obligations should be penalised.
09/03/2018
The Problem Facing Trustees in Identifying Beneficiaries in an Age of Genetics
At Appleby we are not only committed to understanding technology in order to provide you with the most efficient and cost effective solutions
09/02/2018
Resolution planning
The EBA RTS on SO is expected to come into force later this year.
09/02/2018
The Former Yugoslav Republic of Macedonia joins the Inclusive Framework on BEPS
The OECD welcomes the Former Yugoslav Republic of Macedonia’s commitment to implement the internationally agreed standards to tackle tax evasion and avoidance.
09/02/2018
RBS, led by Ross McEwan, ready to buy back taxpayers’ shares
Ten years on, bank hopes for approval to cut state’s stake