06/04/2018
Law firm Mogers Drewett launches specialist financial planning partnership
“By offering a combined financial and legal advice package, we aim to provide a fully-rounded service with the best possible advice, all under one roof.
Legal, Regulation & Compliance
06/04/2018
Struck-off adviser cheats investor out of £35k
The defendant had fobbed the investor off with excuses whenever he asked for his money back
06/01/2018
ECB: Financial Stability Review May 2018
The financial stability risk index (FSRI) predicts the near-term recessionary effects of financial stress
06/01/2018
E-money Directive: Falkenhahn AG v the Liechtenstein Financial Market Authority
The provisions of the Electronic Money Directive that are relevant to the present case contain references to two other directives.
06/01/2018
EFAMA publishes new Stewardship Code
The EFAMA Stewardship Code highlights how, through stewardship, asset managers can encourage best business and management practices in companies on environmental, governance, human rights and social challenges.
06/01/2018
STM Gibraltar review set to finish in ‘coming days’
In a statement on its website earlier today (1 June) STM said it was still working with Deloitte, which is carrying out the review, and the Gibraltar Financial Services Commission in order to finalise the ‘skilled person report’ which is simil
06/01/2018
Cayman Islands: UK ‘will consider’ constitution changes
No walking back ‘act of parliament’
06/01/2018
BASEL III: Complying with disclosure requirements, pillar three
At SS&C, we have developed a solution for asset managers that incorporates all template requirements as well as other plausible data requirements
05/31/2018
FCA changes could fail to budge pre-RDR investors
Financial Conduct Authority changes that allow asset managers to more easily switch investors between share classes could still see a minority of investors refusing to budge.
05/31/2018
US Mounts Major Global Money-Laundering Campaign
It is uncertain how much of the new assertiveness can be traced to the US initiative.
05/31/2018
UK regulator punishes advice firm for register failure
The Financial Conduct Authority has taken strong action against a financial advice firm by cancelling its permissions after it failed to submit its regulatory returns.
05/31/2018
The seven year itch
The Act also places an onerous obligation on companies to ensure that they have adequate procedures in place to prevent bribery.
05/31/2018
Use of behavioural insights may help educate investors, say IOSCO/OECD
The accelerated growth of new and innovative technologies, an excessive amount of available financial information, and increasingly sophisticated financial products make it progressively more difficult for retail investors to navigate today’s comple
05/31/2018
Life after MiFID II and GDPR – new research reveals the future of compliance
Every new rule and regulation can ultimately be turned to commercial advantage, with 93% of respondents saying that compliance could be used strategically
05/31/2018
Troubled £21m pension firms wound up in High Court
Investigations found a total of at least £21m was invested into the schemes through tactics such as cold-calling.
05/31/2018
FCA publishes outcome of high-cost credit review
The Financial Conduct Authority has announced new proposals designed to protect millions of people who use overdrafts and high-cost credit.
05/30/2018
Private equity firm Bowmark Capital buys £35m contract lawyer business LOD
LOD, formerly lawyers on demand, was founded in 2007 by Simon Harper who was then a partner in legacy BCLP.
05/30/2018
5 things investors must watch as Italy turmoil shakes global markets
Credit rating downgrades, a new round of elections among the threats
05/30/2018
Global financial markets buffeted by Italy’s political crisis
Central bank chief warns politicians as Di Maio calls for coalition talks to restart
05/30/2018
Ex-hedge fund boss and Russia critic Bill Browder released after arrest in Madrid
Outspoken Putin critic tweeted arrest from back of police car