07/04/2018
Law firm warns of increasing abuse of lasting power of attorneys
Mr Aldrin is suing the three in US courts, alleging they had unlawfully taken control of his finances and prevented him from getting married.
Legal, Regulation & Compliance
07/04/2018
FCA clarifies how PPI complaints should be handled
The consultation closes on 4 September 2018 and FCA will consider the feedback received.
07/04/2018
Macfarlanes advises Quilter Investors on the restructuring and rebranding of its multi-asset funds
The Macfarlanes team was led by investment management partner Lora Froud and financial services regulation partner Michelle Kirschner.
07/04/2018
FCA proposes new Directory of financial services workers
The FCA’s proposals are based on feedback on what consumers and firms would expect from the Directory.
07/04/2018
UK watchdog has 33 open investigations into advisers
The FCA has already prohibited four financial advisers and banned another one from holding a senior position.
07/03/2018
Isle of Man 'Double taxation arrangement' renegotiated
It's also designed to comply with the OECD's inclusive framework on Base Erosion and Profit Shifting.
07/02/2018
German Banks Are Plotting a Counter-Attack Against MiFID II
Lengthy disclosure requirements are turning clients off
07/02/2018
Revenue up over 25 percent as Gordon Dadds announces annual results
We have rapidly built a highly profitable and fast growing international legal and professional services group with annualised revenues of well over £40 million.
07/02/2018
The ship tycoon, the con men and a €100m scam
Today’s fraudsters are often distant associates who come across each other on the internet.
07/02/2018
HSBC completes separation of £200bn ringfenced bank
Chief executive Ian Stuart leads the bank, with David Watts as chief financial officer.
07/02/2018
Nordea to acquire Gjensidige Bank and enter Strategic Partnership with Gjensidige
This agreement means that many more Norwegians will get a relation to Nordea, and we fully intend to serve them to the best of our capability,” says Snorre Storset, Branch Manager, Nordea Norway.
07/02/2018
Malta approves three blockchain bills at second reading
The MDIA Bill establishes the Malta Digital Innovation Authority (MDIA) and provides the necessary arrangements for the certification of technology and the registration of Technology Service Providers.
06/29/2018
Employees at Dozens of Leading Banks Face German Probe
The investigations include transactions handled by lenders including Barclays, Goldman Sachs Group, Bank of America Corp., Macquarie, and BNP Paribas, and initial indictments are likely as soon as this year, the people said.
06/29/2018
FCA urged to act on VCT fee disclosure
Any manager that tries to hide behind the ‘We don't know what the costs are in advance, so we can't tell investors what they are’...should not be responsible for managing other people's money.
06/28/2018
EIOPA stakeholder survey on licensing requirements, barriers to InsurTech and InsurTech facilitation
InsurTech solutions using big data, algorithms, artificial intelligence, cloud computing, and blockchain technology are changing the insurance industry.
06/28/2018
The FCA’s role in preparing for Brexit
Further to the announcement (link is external) from HM Treasury (the Treasury) on its approach to amending financial services legislation under the European Union (Withdrawal) Act, this statement provides stakeholders with an update on how we are preparin
06/28/2018
Aviva accused of shortchanging over platform compensation
The platform was unavailable for six days beginning on the evening of 17 January and just one day after it came back online advisers and their clients found themselves locked out.
06/28/2018
FCA wants pension provider charges to meet Mifid standards
As a result the regulator has asked for views on whether it should make pension providers disclose the 'actual charges' clients are paying as well the assumed charges.
06/28/2018
New double tax agreement between Cyprus and Andorra
Like many of Cyprus's recent double tax agreements, the agreement with Andorra includes comprehensive provisions regulating the taxation of offshore hydrocarbon exploration and exploitation activities.
06/28/2018
Cyprus Securities and Exchange Commission regulatory priorities for the second half of 2018
CySEC’s principal objective for 2018 is to establish, monitor and sustain a healthy and stable environment for the securities industry. It has identified the following priority areas for the second half of the year: