11/26/2018

Europe's Dirty Money Machine Is a Lot Bigger Than First Thought

The head of the Danish regulator, Jesper Berg, told Bloomberg that Danske employees seem to have made little effort to disguise the identity of clients behind the suspicious transactions, meaning correspondent banks should have had some idea of what they

11/26/2018

Percival warns advisers not meeting FCA rules

Mr Percival said when clients answered questions about capacity for loss, their answers often spoke about attitude to risk rather than addressing the question at hand.

11/26/2018

Jersey confirms beneficial ownership policy

Stringent requirements for the incorporation of Jersey companies, together with regulation and supervision of trust and company service providers, ensure this information is accurate and current.

11/26/2018

British law firms target Irish mergers due to Brexit

Paul Wyse, Smith & Williamson Professional Services managing director, said that the lack of Brexit contingency planning indicated the Irish legal industry is not prepared for the impact Brexit will have on its business.

11/26/2018

Jersey, Guernsey and IOM sign customs arrangement with UK

The two essential elements of establishing a customs union are that the parties agree not to impose import tariffs for goods passing between themselves, and to impose a common external tariff on goods from places outside the customs union.

11/26/2018

Guernsey courts endorsed for “big ticket” disputes

Mr Kosky praised the Guernsey courts for a “virtually paperless” trial and a judgment made within nine months of the hearing concluded, particularly, he said, when Guernsey had little track record of litigation of such a size.

11/23/2018

Gibraltar insurers to lose passporting rights

That said, those companies that do write business in the other 27 EU countries will have to make contingency plans or cease to underwrite this business, the agency warned.

11/23/2018

Guernsey courts endorsed for “big ticket” disputes

Mr Kosky praised the Guernsey courts for a “virtually paperless” trial and a judgment made within nine months of the hearing concluded, particularly, he said, when Guernsey had little track record of litigation of such a size.

11/22/2018

Banking on joint enterprise

For Lloyds, the partnership will “combine Schroders’ investment, wealth management and technology expertise with Lloyds’ significant client base, multi-channel distribution and digital capabilities”

11/22/2018

Zurich blasted for spying on client

The ombudsman found whilst Zurich was entitled to instruct a private detective in such circumstances, its decision to do so was premature and should have been a last resort due to the intrusive nature of the surveillance.