03/22/2018
FCA sets out its Approach to Supervision and Enforcement
The Approach to Enforcement outlines how the FCA conducts investigations and its powers.
Legal, Regulation & Compliance
03/22/2018
Crooks are impersonating Monaco’s elite including Prince Albert II to scam money from high-flying victims
‘For several weeks, individuals who are part of organised groups, have been stealing the identities of high-ranking personalities in the principality and trying to establish personal contact with them … notably through electronic messages, S
03/21/2018
Swiss prosecutors charge Germans with industrial espionage - report
The Zurich prosecutor’s office was not immediately available for comment, while a German foreign ministry official said it was familiar with the case but that it does not comment on ongoing judicial processes.
03/21/2018
Nordea Wants More Bankers for Wealth Unit
The wealth business employs about 3,600 people, 500 of whom are based outside the Nordic region.
03/21/2018
FCA announces redress scheme for rent-to-own firm PerfectHome
PerfectHome (a trading name of Temple Finance Limited) is a rent-to-own firm which provides household goods to customers on hire purchase agreements.
03/21/2018
High risks persist European securities markets and investors esma says
The TRV, which covers the second half of 2017, finds that overall risk levels for the EU’s securities markets remained stable but at high levels for most risk categories.
03/21/2018
‘Almost certain’ Sean Quinn family behind €10m asset-stripping of company, says judge
‘Elaborate scheme’ used despite court orders prohibiting such actions
03/21/2018
Facebook Is Blacklisted at Nordea's Sustainable Investment Unit
Nordea’s sustainable investing arm is part of the bank’s $400 billion wealth management unit.
03/21/2018
European Authorities Urge Financial Firms to Keep Planning for Brexit in 2019
The heads of European supervision of the banking industry are continuing to insist that banks need to commit to setting
03/21/2018
Malta endorses EU tax crackdown
The backing of the amendment follows the release of the EU blacklist in December, which has drawn criticism for not including any EU states.
03/21/2018
Bahamas Must ‘Leverage’ Eu Listing Into Opportunity
She added that the EU ‘blacklisting’ would also give greater impetus to tax reform discussions, especially the potential introduction of a corporate income tax, which the financial services industry had been seeking government talks on “
03/21/2018
Fair Taxation: Commission puts in place first EU counter-measures on listed non-cooperative tax jurisdictions
The Commission also calls on international financial institutions and other bodies involved in the management of the EU budget to review their internal policies on non-cooperative jurisdictions in the course of 2018.
03/20/2018
BNP Paribas Asset Management becomes Climate Bonds Partner
We provide guidance to the market through our innovative engagement approach with green bonds issuers
03/20/2018
Revised time limits for discovery of offshore non-compliance in offshore arrangements
Currently HMRC have four, six or 20 years (for mistake, careless or deliberate behavior respectively) to assess tax that is due.
03/19/2018
G20 urged to adopt common regulations for cryptocurrencies
It is understood discussions on cryptocurrencies will take place across both days between finance officials from G20 members.
03/19/2018
Regulating innovation: a global enterprise
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Innovate Finance 2018.
03/19/2018
Transforming culture in financial services
Speech by Andrew Bailey, Chief Executive of the FCA, at the Transforming culture in financial services conference.
03/18/2018
Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution
The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out in their Interim Report on the Tax Challenges Arising from Digitalisation released today.
03/16/2018
FCA speech: Chairman outlines FCA accomplishments & future challenges
Speech by John Griffith-Jones, Chairman, FCA, delivered at an event hosted by TheCityUK at Linklaters LLP, London.
03/16/2018
Outlining the FCA’s approach to authorisation
Speech by Sarah Rapson, Director, Authorisations at the Association of Professional Compliance Consultants Annual Conference.