06/02/2017
Anti-Money Laundering and AI at HSBC
HSBC saw past this false choice and transformed its AML process using enterprise grade AI.
Legal, Regulation & Compliance
06/02/2017
Mourant Ozannes advises on largest ever European Private Equity firm fundraising
The Mourant Ozannes team was led by Felicia de Laat and senior associates Rachel Fowler and Matt McManus with assistance from colleagues in the funds, finance and corporate and other teams.
06/02/2017
Leading offshore law firm acts on top three private equity transactions in first quarter 2017
The firm’s team of more than 40 professionals handles complex, cross-border matters for many of Europe’s highest-profile and most prestigious funds and transactions.
06/02/2017
Global Foreign Exchange Code Of Conduct Published
We share the view that the global code plays an important role in assisting that process and in helping improve market functioning.
06/02/2017
Register of ownership of UK property through overseas companies - privacy in debate
The introduction of the government's People with Significant Control (PSC) register on 6 April 2016 has resulted in greater transparency of ownership of UK companies
06/01/2017
Regulator demands detailed Brexit plans from UK asset managers
Regulator demands detailed Brexit plans from UK asset managers
06/01/2017
EU Council adopts hybrid mismatches directive
The EU Commission will introduce a transparency initiative proposing for intermediaries to report cross-border tax planning schemes.
06/01/2017
What the FCA is asking fund managers on Brexit
City watchdog wants to know whether the UK's largest fund managers are planning job moves and who will be responsible for Brexit blueprints
06/01/2017
Refusal of judicial review of sale of Green Investment Bank
The ruling reinforces that there are limits to when a commercial decision taken by a public body is judicially reviewable.
06/01/2017
French Government Announces Three Ethics Laws, Bank For Democracy
Parties would be banned from receiving aid or loans from abroad.
06/01/2017
EU Privacy Rule Offers Silver Lining
GDPR also requires organizations to get specific and unambiguous consent from clients before organizations can apply analytics to the data covered by the regulation.
06/01/2017
Herbert Smith Freehills - Financial regulation update
ESMA consultation paper on CCP conflicts of interest management
05/31/2017
US Fed fines Deutsche Bank $41 mn for anti-money laundering
The actions were taken by the Board to address unsafe and unsound practices at the firm's domestic banking operations
05/30/2017
Herbert Smith Freehills - Banking litigation update
Welcome to our latest Banking Litigation update in which we highlight a number of the most important cases and developments affecting UK financial institutions over the last six months or so.
05/30/2017
New Isle of Man Enterprise Development Scheme deals completed
SPARK was appointed in March 2016 by the Isle of Man Government Department of Economic Development to run the Accelerator and Relocator elements of the £50 million Enterprise Development Scheme (EDS).
05/30/2017
You Can Run, But You Can’t Hide
Noncompliance could prove a costly mistake.
05/30/2017
Successful EBACE 2017 for Appleby
The Appleby contingent was among 13,000 business aviation professionals from more than 100 countries who attended.
05/30/2017
EU securities watchdog wants new powers post Brexit
It was responding to a European Commission consultation on whether changes are needed to financial supervision in the EU.
05/30/2017
German Authorities Target British Investor for Tax Evasion
Sanjay Shah, founder of the hedge fund Solo Capital, allegedly defrauded the Danish state of more than €1 billion. German prosecutors are on his trail.
05/30/2017
Herbert Smith Freehills - Financial regulation update
ESMA launches MAR reference data submission