08/21/2018
Former UBS trader calls for police investigation into alleged assault
‘I want some form of justice — he wronged me’
Legal, Regulation & Compliance
08/21/2018
Regulatory cooperation needed post-Brexit to combat EU-based scammers, says PMI
PLSA policy lead for engagement, EU and regulation James Walsh said a "more ambitious approach" was needed to "fully protect savers".
08/21/2018
ECB hits Crédit Agricole with nearly €5m in fines
Crédit Agricole said it had “taken due note of the grievances it had been notified of” and that it “reserved the right to challenge these sanctions.
08/21/2018
Appleby's head of Private Clients & Trusts nominated for ‘Trusted Advisor of the Year’
There are only five individuals nominated for this prestigious award.
08/21/2018
FOS: Complaints data update
The feedback statement included commitments to work with stakeholders to explore a new measure of cases received per 100 FCA-reportable complaints, and to report some resolved PPI complaints by volume only for a limited period.
08/21/2018
AFME/Euro IRP: Guidelines on UK IPO process
This document sets out how unconnected analysts can participate in the IPO process and how issuers and Firms can implement either option above.
08/21/2018
FCA exempts ambulance chasers from FSCS
For this reason, we have decided to collect a substantial proportion of our project costs in the first year
08/21/2018
Helping Russia against Browder will be costly for Cyprus, lawyer says
Should Cyprus continue cooperating with Russia, Browder could be convicted in absentia which damages his reputation
08/21/2018
Scot put on FBI most wanted list for investment fraud
Precious metal scam defrauded $400,000 from at least 12 victims
08/20/2018
Dawood Ibrahim's finance manager Jabir Moti nabbed in London
He was arrested by the officials of the Charring Cross Police Station in London.
08/20/2018
EU may force banking jobs away from UK after Brexit, warns City boss
Standard Chartered’s Tracy Clarke says tougher demands could see more jobs than planned shift to Frankfurt, Paris and Dublin
08/20/2018
Billionaire racehorse owner launches court case against Lloyds Bank subsidiaries
Trevor Hemmings’ Manx Capital was among a group that secured a £200m settlement from RBS in 2017
08/20/2018
Expats fear for their life savings after collapse of foreign exchange firm Premier FX
The firm suspended business on July 27
08/20/2018
Controversial Russian company mulls moving from Jersey
The board said that registration in Russia appeared to be in the best interests of the company and its shareholders
08/20/2018
Time running out for 'disguised remuneration' scheme users to settle affairs
Flexible payment arrangements are available to anybody who has genuine difficulty paying what they owe, HMRC states.
08/20/2018
Managers adapting to new landscape of MiFID II regulations
It puts into question how managers use research and the quality of this research
08/19/2018
Tax consultant jailed as ringleader of £6.9million payroll fraud conspiracy
David Hughes fled the UK in 2011, but was arrested at Heathrow Airport earlier this year
08/19/2018
Malta wealth managers named in Venezuelan graft probe
MaltaToday has learnt that Portmann Capital Management Limited is the Maltese investment firm that is referred to in the Homeland Security Investigations criminal complaint filed in the courts of Miami
08/17/2018
Specialist UK police unit prevents £25m of fraud in first half of 2018
26 fraudsters were convicted between January and June 2018
08/17/2018
Aristocrat sues France for €351m in row over Monaco throne
He insists his legal action is not aimed at Monaco’s current ruler, Prince Albert, but the French state.