07/06/2018
Adviser faces jail over £2m owed to ex-wife
The judge had made it clear at the start of the hearing, in the Family Division of the High Court in London on Thursday, that he was sitting in public.
Legal, Regulation & Compliance
07/06/2018
Footballer reveals limitations of his financial adviser
He said that throughout his career he made full use of his Isa allowances and this aspect of his finances was always handled by his adviser.
07/05/2018
UK Supreme Court Rejects NZ Super Funds Joint Debt Recovery Claim
Separate proceedings have been filed in Portugal against the Bank of Portugal, challenging the validity of its decision not to transfer the Oak Finance loan from BES to Novo Banco.
07/05/2018
Ex-EFG banker claims dismissal was linked to whistleblowing
Bank says a formal investigation had not upheld the banker’s claims
07/05/2018
Pinsent Masons successful at Supreme Court for Novo Banco
Pinsent Masons’ team was led by Stuart McNeill, with assistance from associate Caroline Hearn.
07/05/2018
European Union: Adoption of the Fifth AntiMoney Laundering Directive
Under the 4AMLD, Member States are required to identify and obtain accurate and current information on beneficial owners of legal entities and legal arrangements.
07/05/2018
Have You Heard About ePrivacy? The GDPR’s Bigger Brother
The GDPR does not consider metadata or the privacy of communication about or between legal entities
07/05/2018
Amount of money laundered via Danske Bank Estonia could be €7 billion
Following the latest allegations, Danske's head of group compliance Anders Meinert Jørgensen, stated that "it is too soon to draw any conclusions about the extent of the potential money laundering in Estonia."
07/05/2018
UK tax treaty anti tax avoidance changes to apply from 2019
Changes to many of the UK's double tax treaties will come into force next year in order to comply with internationally agreed measures to prevent tax avoidance.
07/04/2018
Regulator warns on European banks’ reliance on cloud computing
Banks’ use of the cloud is increasingly a concern for regulators on both sides of the Atlantic but so is lenders’ legacy IT systems, which have thrown up a host of operational issues, with recent outages leaving hundreds of thousands of custom
07/04/2018
Jail for accountant who swindled elderly victims out of £2m
Arthur, who was a chartered accountant and managing director of the accountancy firm BDO, carried out the deception over a seven-year period
07/04/2018
Private Wealth Briefing - Farrer & Co.
UK Real Estate Investment: Two Tax Updates
07/04/2018
What are EU agencies and why do they matter?
These agencies are tasked with assisting the EU institutions and member states, and are forums through which regulators and important stakeholders from across the EU can co-operate.
07/04/2018
HM Treasury’s approach to financial services legislation under the European Union (Withdrawal) Act
The government is seeking a deep and special future partnership with the EU
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.
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.