05/08/2018
The Bahamas – Clearly the Next Best Financial Services License
The FCA was once seen as the only jurisdiction where firms aspired to get a license though this has changed
05/08/2018
Nutmeg ordered to pay ex-client for ‘irritating’ mistakes
Nutmeg said the value of the 12-month AMC was in the region of £600, but Mr M did not agree with the offer made and complained to the FOS.
05/07/2018
Understanding and preparing for GDPR
GDPR is based on the concept of data protection “by design”, meaning that data privacy, risk and compliance needs to be built into the systems, processes and procedures across an organization. There’s a fair amount to unpack with this ne
05/07/2018
It also advises clients on what it costs to run a home in a particular area so they can use the information as part of a claim against their spouse, and finds short-term accommodation for those going through the divorce process.
05/04/2018
Goldmans awarded eight mandate over past six months
05/04/2018
The CPMI and IOSCO also reiterate that, according to the PFMI, an FMI should maintain sufficient liquid resources in a wide range of potential stress scenarios.
05/04/2018
Under the second iteration of the Markets in Financial Instruments Directive (MiFID II), the manager has to set client objectives and subsequently build a portfolio, proving they had met them, she explained.
05/03/2018
The ESMA liquidity assessment for bonds is based on a quarterly assessment of quantitative liquidity criteria
05/03/2018
Speech by Andrew Bailey, Chief Executive at the FCA, delivered at a New City Agenda event, Portcullis House, Westminster, London.
05/03/2018
The acquisition of Algonquin accelerates the growth of Schroders’ Real Estate business and complements its existing capabilities and expertise.
05/02/2018
The asset management industry could be looking for more than 400 new directors, but are the skills there or will the directorships be filled by a select few?
05/02/2018
It means places like the Cayman Islands and British Virgin Islands will be required to introduce a register revealing the beneficial owners of assets held in the jurisdiction.
05/02/2018
He claims this is because he blew the whistle on a number of failings at the bank – which put senior managers’ noses out of joint – and is now suing the bank for £13 million.
05/02/2018
The index is compiled by market researcher Acritas, based on data from Sharplegal which interviewed 295 senior legal counsel on their law firms of choice.
05/02/2018
The suit aims to recover alleged debts left behind by Abramovich's now-defunct Runicom trading firm, which was based in Switzerland until its bankruptcy in 2003.
05/01/2018
The newly created company offers international specialisms covering South Korea, Italy and Germany and its combined turnover of £12 million plus will propel it into the Top 200 law firms.
05/01/2018
Striking off would clear such entities - and those which do not declare an owner - off the national register, forcing them to shut down.
05/01/2018
“The speed with which the UK Government has intervened on this issue demonstrates the value of our close co-operation and our centuries of shared heritage.”
05/01/2018
This has ensured that the most adequate, accurate and current information is able to be exchanged quickly with the relevant law enforcement and tax authorities, in pursuit of the worldwide fight against financial crime.
05/01/2018
Finland has woken up to the difficulties created by the flexible world of employment and the inability of pension regulation to ensure suitable provision for the self-employed