05/18/2017
Financial adviser and his wife convicted of £1.7m property fraud
The trial at the High Court in Glasgow began in September 2015 and heard evidence for 320 days.
Legal, Regulation & Compliance
05/18/2017
Herbert Smith Freehills - Financial regulation update
FCA assessing suitability review
05/18/2017
ESMA finds improvements in regulators’ supervisory practices concerning MIFID rules
The Follow-up Report has concluded that the NCAs from Lithuania, Latvia, Malta, Poland, Portugal and Romania have addressed all of the deficiencies previously identified.
05/18/2017
Bitcoin's link to crime is a growing worry, claims bank chief risk officer
Nordea has been investigated by authorities in Denmark and Sweden for its failures to comply with anti-money laundering requirements.
05/17/2017
Herbert Smith Freehills - Financial regulation update
SSM: ECB guidance on leveraged transactions
05/17/2017
Ashurst renews China alliance for six more years
The renewal was signed by Ashurst chairman Ben Tidswell and Guantao managing partner Cui Liguo in Sydney last week.
05/17/2017
Compliance Executives to Increase Investment in RegTech as Geopolitical Risks Heighten
The shifting geopolitical environment has created an additional layer of complexity for tackling financial crime around the world.
05/17/2017
Insurers oppose merger of European regulator
A merger as suggested in the consultation would reduce the effectiveness of consumer protection and prudential oversight, according to Insurance Europe
05/17/2017
Clearing away the cobwebs: The European Commission revisits EMIR
EMIR represents a key element of the EU's efforts to address perceived issues in derivatives markets following the financial crisis.
05/17/2017
Meet the U.S. hedge fund hiring from Citi and MS in London
Earlier this month it registered Daryl Lee, a former FX and rates trader at Morgan Stanley.
05/17/2017
BNP Paribas may move 300 London jobs due to Brexit - source
The largest global banks in London plan to shift thousands of jobs to the continent over the next two years
05/17/2017
Herbert Smith Freehills - Financial regulation update
European Parliament adopts FinTech resolution
05/16/2017
Anti-trust regulator fines Deutsche Bank, BNP Paribas
The company invited only Germany’s Deutsche Bank and France’s BNP Paribas.
05/16/2017
Banker loses case over £57k taken under UK-Swiss tax agreement
A Swedish banker who had £57,000 taken from her bank account by Credit Suisse to comply with the requirements of the former UK-Swiss tax cooperation agreement has lost a claim in the High Court for a refund of most of the levy from HMRC on the groun
05/16/2017
Banks face overhaul of bond syndication ahead of Mifid II
Regulators push for greater clarity from dealmakers when selling corporate debt
05/16/2017
Vatican’s financial watchdog cites progress, but still no prosecutions
The AIF’s president, this decrease is no surprise.
05/15/2017
HK, UK regulators sign fintech agreement
Cooperation agreements are absolutely vital in fostering an environment of fintech innovation on a global scale.
05/15/2017
SocGen Faces U.K. SFO Probe Into Libya Bribery Allegations
The SFO’s interest will be an unwelcome development for Societe Generale in the case
05/15/2017
Independent law firms are stealing a larger share of the market
Traditional law firms will lose out to small specialists providing quality over quantity, says Bellwether Report 2017, Art of Success
05/15/2017
Herbert Smith Freehills - Financial regulation update
FCA advice on recent national cyber attack