11/20/2017
HSBC Calls Banker's $2.4 Million Bonus Suit a Waste of Time
The bank says Parmar, who headed an HSBC Private Bank business unit for south Asia, helped Sanjay Sethi -- a former client -- evade taxes.
Legal, Regulation & Compliance
11/20/2017
How to manage the risks of mass data breaches under gdp
The Supreme Court granted permission to appeal but the appeal has not gone ahead.
11/20/2017
Norway's DNB challenged in court over fund management charges
DNB denies its obligations to fund owners have been breached,” the bank said in court documents.
11/20/2017
Banks’ New Capital Requirements
A Bank’s Governance Is All About Managing Risk
11/20/2017
Paris wins fight for European Banking Authority
The EMA will bring with it over 900 high quality jobs to the Netherlands.
11/19/2017
Making financial claims in the English Court after an overseas divorce - the door is not always open
The Court of Appeal set aside this order and held that it was inappropriate for any order at all to have been made by the English Court.
11/19/2017
Lawsuit funders raise £10bn to pursue UK cases
Third-party litigation backers operating in the UK see up to 300% return on investment
11/19/2017
German watchdog drops inquiry into HNA, Qatar over Deutsche Bank -source
Qatar's royal family built up its stake first in 2014 during a capital increase
11/19/2017
Banks prepare to settle with Brussels over forex cartel probe
Fines of billions of euros likely on 8 lenders for allegedly rigging $5.3tn market
11/17/2017
FCA November 2017 regulation round-up
These new rules will come into force on 1 April 2018.
11/17/2017
Doubts Grow Over Russia Central Bank's 'Zombie' Program
They failed to address the problem properly in 2008.
11/17/2017
UK accountants call for easing of Kenya lending rate cap law
The Treasury and Central Bank of Kenya have supported the call for review.
11/17/2017
The EU banking regulator set to be deposited elsewhere
Staff of the EBA have no idea where they will be based in a few months’ time
11/16/2017
ECB warns banks against Brexit 'empty shells'
The Bank of England has said it is braced for the potential loss of 75,000 finance jobs following Britain's departure from the European Union.
11/16/2017
FCA Slow To Grasp Implications Of Approved Persons Register Abolition - And Complacent On Updating Training And Competence Rules, Says
Simon Culhane, Chartered FCSI and CISI Chief Executive said: “We are pleased to have the opportunity to feedback on behalf of our members to this important consultation paper."
11/16/2017
Ex-WH Ireland compliance boss loses FCA battle
This separate notice expressed concerns that Copper ‘may’ have acted without due skill, care and diligence in relation to his compliance duties at WH Ireland.
11/16/2017
LPC-Gunvor Signs US$1.39BN Loan Refinancing
Gunvor Continues To Receive Considerable Support From Both Its Existing Banking Partners As Well As From New Ones
11/16/2017
Luxembourg’s limited partnership regime covers all options
The Luxembourg limited partnership has a number of advantages over the English limited partnership.
11/16/2017
European market watchdog steps up scrutiny of closet trackers
National regulators asked to collect data on high-fee funds that track market indices
11/15/2017
Germany reluctantly backs compromise on new global bank rules
A possible compromise with an output floor of 72.5 percent is anything but a desired result for Germany.