06/15/2017
KYC obstacles hamper Mifid II preparations
The extended deadline for Mifid II is now only six months away
Legal, Regulation & Compliance
06/15/2017
Dutch regulator fines International Card Services €2.4m
ICS has its own board of directors and a separate banking licence.
06/14/2017
Final opportunity to correct offshore tax irregularities before tough new penalties
A new legal obligation will require taxpayers to correct any returns that fail to properly report offshore matters that would give rise to a UK tax liability.
06/14/2017
Gibraltar loses landmark lawsuit on EU passporting
Gibraltar has lost a landmark legal battle to be recognised as a separate EU state for tax purposes, in a ruling that deals a further blow to the British overseas territory’s hopes of securing a special status post-Brexit.
06/14/2017
FCA defends hard-line asset management study
The UK financial regulator justifies the stance adopted in its asset management market review
06/14/2017
Herbert Smith Freehills - Financial regulation update
FCA review on pension lifestyle investment strategies
06/14/2017
Barclays braced for outcome of five-year SFO fundraising probe
The SFO will announce the outcome of its five-year probe into Barclays' crisis-era deals with Qatar within days
06/14/2017
Important Changes to PSC Register Requirements
It is also worth noting that significant reference is now being made to the Fifth Money Laundering Directive
06/14/2017
FCA could compel banks to contribute to LIBOR to 'protect representativeness' of rate
The FCA said that it was not as yet able to finalise the most appropriate methodology for pre-selecting the banks it could compel to contribute to LIBOR in the future.
06/13/2017
Herbert Smith Freehills - Financial regulation update
FCA consultation on its powers in relation to LIBOR contributions
06/13/2017
asb law turnover up 15% after investing in technology
It has cut costs after it introduced a new legal cloud software, Peppermint.
06/13/2017
Pinsent Masons to launch Dublin presence
International law firm Pinsent Masons today announces plans to open in Dublin
06/13/2017
Herbert Smith Freehills - Financial regulation update
PRA consultation on strengthening accountability in banking and insurance
06/13/2017
Natixis Sues Marex For $32M In UK Over Metals Receipts
The claim concerns spot purchase contracts
06/13/2017
Ogier acts for Europe's first Big Data and AI-focused fund
CybelAngel is a high-profile French cyber security start-up that specialises in using Big Data solutions to detect data leaks.
06/12/2017
Newcastle launches legal action against HMRC over tax raids
No allegations of wrongdoing have been made against the club.
06/12/2017
Shoosmiths' service to HNW individuals celebrated in prestigious family law listing
Shoosmiths is one of very few firms with a national reach in this elite list.
06/12/2017
Children's charity boss to give £282m to ex-wife's foundation after court ruling
The making of the grant will ... bring a conclusion to this incredibly hostile dispute
06/12/2017
Deutsche Bank reaches $170 million Euribor-rigging settlement
Investors accused banks of conspiring to rig Euribor and fix prices of Euribor-based derivatives from June 2005 to March 2011 to profit at their expense, in violation of U.S. antitrust law.
06/12/2017
RBS in advanced talks over £3.5bn-plus mortgage mis-selling fine
RBS and the FHFA are in detailed talks about a multibillion-pound fine that could be announced within weeks, Sky News learns.