12/08/2017
Corlytics to join next round of FCA sandbox
The sandbox provides a safe space for firms to test innovative products, services or business models in a live user environment.
Legal, Regulation & Compliance
12/08/2017
Leaked documents show UK will stay in single market
The UK could also retain membership of the customs union, which would restrict the UK’s ability to sign new trade deals.
12/07/2017
Further success in reducing pension funds’ costs and charges
Some providers set out reasons why they believe certain of their products offer value for money
12/07/2017
Is This the Silver Bullet for Italy's Bad Loan Problem?
European authorities want banks to reduce their levels of bad credit to free up funds to lend to healthy companies and support growth
12/07/2017
CBL wins $100-million French court battle
The case relates to Kharafi’s claim for almost $1 billion in compensation for a $130-million tourist resort project in the Tajoura area of Tripoli, agreed in 2006 but apparently cancelled after the revolution.
12/07/2017
Leading international law firm Extends Irish Legal Offering to London
The new offering will continue the law firm's drive to provide a full service solution across all its practice areas
12/07/2017
Using artificial intelligence to keep criminal funds out of the financial system
Speech by Rob Gruppetta, Head of the Financial Crime Department at the FCA, delivered to the FinTech Innovation in AML and Digital ID regional event, London.
12/07/2017
Finance and secured lending in Luxembourg
Luxembourg’s flexible and lender-friendly treatment of security interests continues to be very attractive to international banks.
12/07/2017
British Judge Tosses Out Russian Claim Against Fund Manager Browder
Cites lack of disclosure about political background to case.
12/07/2017
Offshore advisers fear new regulatory burden from HMRC
Offshore advisers have given a cautious thumbs-up to additional requirements to tell HM Revenue & Customs when they set up complex offshore schemes but have expressed concern that legitimate schemes could be targeted as well as abusive ones.
12/07/2017
Scottish Secretary to challenge RBS chief over ‘withdrawal from half of Scotland’
The Scottish Secretary is to challenge RBS chiefs over its “withdrawal from half of Scotland”.
12/06/2017
Growing Keystone Law joins the AIM marke
The firm intends to use the rest of the capital in order to support its growth strategy which will, in the short term, focus on organic growth.
12/06/2017
FCA regulatory sandbox update
The FCA has published a list of firms that have been successful in their applications to begin testing in cohort 3 of the FCA's sandbox. The FCA received 61 submissions for the third phase, of which 18 applicants met the sandbox eligibility criteria.
12/06/2017
Numis warns that Mifid rules shake-up won’t help pensions
Small and mid-cap brokers have been under pressure for years, with many predicting the near demise of the sector.
12/06/2017
Five effects of regulation
‘The pace and relentlessness of the changes required, exacerbated by legacy infrastructure and siloed operations, comes with a significant price tag, and is something that many wealth managers are still underequipped to deal with.
12/06/2017
FCA fines Bluefin £4m for misleading customers
Bluefin’s independence was compromised by its culture which promoted business strategies, including a policy which focused on increasing the business placed with its parent company, over treating customers fairly.
12/05/2017
EU decision reaffirms Guernsey’s status as a cooperative jurisdiction
Guernsey Finance Chief Executive Dominic Wheatley said it was no surprise that the island continued to be endorsed as an excellent and cooperative international finance centre by the EU.
12/05/2017
Wealth manager hits the acquisition trial with £1m deal
Under the terms of the deal, the combined maximum purchase price is £1.1m, payable in cash over the next 26 months in four tranches, dependent upon performance criteria being met.
12/05/2017
Deutsche Bank receives Mueller subpoena over Trump
Mueller has demanded that Germany’s largest lender share data on its client relationship with US president
12/05/2017
German banking regulator 'cannot believe' there will be no Brexit deal
After all those Irish border skirmishes, here's some better news on Brexit.