02/21/2018
FCA calls for help embracing regtech
To aid regulatory reporting
Legal, Regulation & Compliance
02/20/2018
FCA and US CFTC ink FinTech innovation deal
The Financial Conduct Authority and the US Commodity Futures Trading Commission (CFTC) have today signed an arrangement that commits the regulators to collaborating and supporting innovative firms through each other’s financial technology initiative
02/20/2018
CBL Insurance Europe dac ceases writing new business
CBL Insurance Europe dac is an insurance firm authorised and regulated by the Central Bank of Ireland. It operates in the UK on a freedom of services basis.
02/20/2018
Basel Committee on Banking Supervision
Sound Practices Implications of fintech developments for banks and bank supervisors
02/20/2018
Crypto Divorce – what to do if you think your spouse is hiding Bitcoin and other cryptocurrencies from you
Whilst cryptocurrencies and the blockchains they use are not an entirely anonymous system, they are unregulated and the identity of the user is hard to trace.
02/20/2018
Germany's Oldest Bank Is Pushing Into U.S., Hiring 20 Analysts
The goal is to increase the number of U.S. equities analyzed from 100 to 300 within two years.
02/20/2018
Global regulators neutral on new rules for 'hyped' fintech
Analysts have said banks could become irrelevant as fintech firms become the “face” of financial services, a scenario Basel said seems far-fetched.
02/20/2018
Bond star Hasenstab to manage new emerging local currency bond fund
Emerging market local debt has returned 4.4 percent since the start of the year, making it one of the best performing asset classes.
02/20/2018
FCA meets with asset managers over new cost disclosure rules
As Mifid II rules around fee disclosure take effect, research found some fund managers’ costs have been shown to increase at least two times beyond the ongoing charges figure.
02/20/2018
Incoming FCA chairman invested in film tax-avoidance scheme
Fresh blow to regulator after row over publishing GRG report
02/20/2018
The ECB's collateral rule is a step to a safer German banking system
German banks tend to place bonds with domestic banks, and often within their own banking network.
02/20/2018
MPs to decide whether to release controversial Royal Bank of Scotland report
The Treasury Select Committee will meet on Tuesday to discuss whether to officially publish the GRG report.
02/19/2018
Monaco resident Russian Billionaire Dmitry Rybolovlev Continues His Epic Legal Crusade Over the ‘Largest Art Fraud in History’
Rybolovlev’s latest efforts constitute something of a one-two legal punch.
02/19/2018
Global law firm advises on first UK Islamic RMBS transaction
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.
02/19/2018
Madrid hopes ECB appointment leads to wider EU role
De Guindos poised for senior job as Spain aims for bigger policy say
02/19/2018
ECB freezes Latvian bank after laundering allegation
The bank's listing on the Nasdaq Riga stock exchange was also suspended, according to the Baltic News Agency.
02/19/2018
Gordon Dadds expands Cardiff operation with arrival of Thomas Simon team
Thomas Simon’s business will be merged with Gordon Dadds’ business in the new offices.
02/18/2018
HSBC hopes to leave era of scandals behind
The bank has been held back by huge fines and hasty acquisitions, but believes it is now in a position to grow again
02/18/2018
Lloyds boss Antonio Horta-Osorio jilted Standard Life over £6bn Widows merger
The announcement last week knocked 7.5% off Standard Life Aberdeen’s shares.
02/16/2018
European watchdog warns of investment fund ‘fire sales’
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board has warned.