05/04/2017
Macron lodges complaint with French prosecutor over offshore account allegations
Nobody was named in the complaint
Legal, Regulation & Compliance
05/04/2017
International law firm agrees local law tie-up in Singapore
This is an exciting development and demonstrates our commitment to continuing our growth in Singapore.
05/04/2017
Basel 3, an international capital-adequacy standard, is unloved but much needed
Its many and detailed provisions are being phased in gradually and have been reviewed and adjusted several times.
05/04/2017
Will EU’s new data reg hit your bank?
These regulations apply not only to banks and financial service companies in Europe, but also to U.S. banks that offer any services to EU residents and vice-versa.
05/04/2017
Sweden Rules on Taxation of Carried Interest in Private Equity Structures
The SACA decision noted that since all the individuals involved had different functions, and the funds in which they were involved were different, with various ownership structures, the outcomes are also different for the cases considered.
05/04/2017
Germany halts bail out demanding MORE austerity and pension cuts
Germany says it will not support a bail out deal for Greece until it pushes through laws to cut pensions and inflict more austerity on its citizens.
05/04/2017
Spain names 7 former HSBC bankers as suspects in money laundering case
At the heart of the Spanish case are accusations that HSBC helped Spanish clients to transfer abroad and later repatriate funds “with the intention of hiding them from the public treasury”, the High Court said.
05/04/2017
Calls for special audit of Deutsche Bank governance standards
Lampatz, who first brought the shareholder resolution, has noted that the report of the bank's internal investigation has not yet been published
05/03/2017
TISE launches Channel Islands and Isle of Man segments
Companies are eligible for inclusion on the Channel Islands or Isle of Man segments if they are trading companies
05/03/2017
Investec launches BTL fixes and links trackers to base rate
Applicants can apply for a buy-to-let mortgage either as an individual or via a limited company structure.
05/03/2017
Can vertically integrated firms manage conflicts?
Vertically integrated models come in different shapes and sizes.
05/03/2017
Spanish court to question Santander, BNP bankers in HSBC tax probe
The euro zone's largest bank by market value, said in a statement it had complied with the law at all time and had actively cooperated with the court by providing all the documentation and information requested.
05/03/2017
Panama Papers fugitive arrested in Ukraine after 3 years on the run
He fled Europe shortly before an Italian judge issued a warrant for his arrest in June 2014.
05/03/2017
Ashurst unveils spring retention rate of 85%
Ashurst has confirmed nine fresh-faced associates are based in its corporate division, five in finance and two in dispute resolution.
05/02/2017
Malta PM Calls Early Elections Amid Wife's Offshore Account Scandal
Malta's Prime Minister has called early elections following allegations that his wife holds secret offshore accounts in Panama.
05/02/2017
Brussels set for power grab on London’s euro-clearing market
Plans seek EU policing or operators’ relocation for €850bn-a-day business
05/02/2017
A struck-off solicitor turned financial advisor has been jailed for six years
Despite promising to repay the stolen cash - not a penny has been returned.
05/02/2017
Herbert Smith Freehills - Financial regulation update
FCA policy statement on PRIIPs Regulation disclosure rules
05/02/2017
Bank of Russia Officially Kicks Off Forex Brokers Regulation
The news doesn’t come as a surprise and has been widely expected by retail forex providers that have already received official approval from the central bank.
05/02/2017
The European Parliament Examines the Roles of Attorneys in Tax Evasion and Laundering Schemes
The studies are lengthy and full of interesting details and graphs.