07/13/2017
UK pensions regulator vows to get tough after BHS scandal
Watchdog says its strategy is ‘no longer appropriate’ to regulate the industry
Legal, Regulation & Compliance
07/13/2017
Recruitment firms ‘dangerously exposed’ to criminal sanctions
Too many recruitment agencies still have their head in the sand when it comes to the potential severity of the punishments on offer
07/13/2017
FSCS pays out £105m for Sipp claims
The total FSCS compensation costs in 2016/17 were £375 million, in response to nearly 37,000 claims.
07/12/2017
FCA flags concerns about 'pension freedoms'
Consumers who access their pots early without taking advice typically follow the ‘path of least resistance’, accepting drawdown from their current pension provider without shopping around.
07/12/2017
Hong Kong and France strike deal on mutual recognition of funds
Hong Kong's Securities and Futures Commission and France's Autorité des Marchés Financiers have signed a memorandum of understanding linking their mutual fund markets.
07/12/2017
Herbert Smith Freehills - Financial regulation update
ECB Occasional Paper on dark pools in EU equity markets
07/12/2017
What Is Really Behind Freshfields' Poor Financial Results?
Amid standout performances from its magic circle rivals, Freshfields appears to have had a disappointing 2016-17 - but why?
07/12/2017
Incoming EU banking regulations are a ‘headache for everyone’, RBS fintech advisor says
That's not going to happen overnight because it requires a mindset change
07/12/2017
Glasgow Rangers – the "Big Tax Case"
Accordingly, it was deemed that payments by Rangers to the EBT should have been subject to deduction of income tax at source under the PAYE regulations.
07/11/2017
Europe to improve disclosure of ‘bad loans’ for all banks
The goal is therefore to digest the one trillion euro in NPLs accumulated over the last few years, and avoid throwing more on top of the pile of assets.
07/11/2017
Schaeuble Says Italy Bank-Liquidation Aid Shows Rule Discord
German finance minister says Veneto banks case raise questions
07/11/2017
Herbert Smith Freehills - Financial regulation update
FCA statement on ESMA transitional provisions for BMR
07/11/2017
Amendments to the Russian Strategic Investments Law - White & Case
The respective list was approved by the Order of the Ministry of Finance No. 108n dated 13 November 2007.
07/10/2017
Jacob Rees-Mogg denies potential conflict of interest over fund links
Conservative MP says role at Somerset Capital Management should not affect bid for chairmanship of Treasury select committee
07/10/2017
Investors will soon benefit from reduced charges
This cost makes up the bulk of the expenses that are levied against assets and which cut investors’ overall returns.
07/10/2017
‘Destroyed by his celebrity’ – are Germans right about Boris Becker?
I am a life-affirming person and no one can take that away from me.
07/10/2017
OECD releases latest updates to the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations
In addition, this edition of the Transfer Pricing Guidelines include the revised Recommendation of the OECD Council on the Determination of Transfer Pricing between Associated Enterprises
07/10/2017
ILS will continue to drive risk financing efficiency
The event, hosted by Guernsey Finance – the promotional agency for the island’s finance industry internationally – was attended by 90 delegates from across the insurance, asset management and adviser communities.
07/10/2017
‘Select’ trust cuts Invesco Perpetual’s charges
Invesco Perpetual Select has an unusual structure which allows investors to switch between its four share classes tax-free twice a year.
07/10/2017
Amundi enacts hiring freeze post Pioneer deal
Europe's largest fund manager has implemented a freeze as it moves to cut costs following its €3.8bn acquisition of Pioneer