01/30/2017
CIO of £12bn pension pot threatens to cull external managers
It is hard to imagine that many chief investment officers across London would so easily shrug off such an uncomfortable office environment.
Legal, Regulation & Compliance
01/30/2017
King & Wood Mallesons Collapse Kept Recruiters Busy
It has been a very good year for headhunters I can’t ever remember the market being so busy.
01/30/2017
Active managers accuse FCA of using flawed data
UK regulator’s damning report on competition in industry lead to ‘heated’ discussions
01/30/2017
Leading Law Firm Mason Hayes & Curran Announces 7% Increase In Turnover To €77 Million For 2016
Commenting on the results, the firm’s managing partner, Declan Black said “The firm experienced record growth levels in 2014 and 2015 so we are pleased that the firm has continued to grow in the more challenging trading conditions experienced
01/27/2017
Central bank of France pleads for the cyber insurance market's development in the EU
Insurers should be able to meet demands of cyber risk
01/27/2017
UK watchdog does not want to 'overload' financial institutions with industry guidance
Senior FCA official says it wants to change the perception that regulation stifles innovation.
01/27/2017
EU trade barriers 'significant risk' to Welsh economy
The prominence of manufacturing and farming in Wales heightened the economy's vulnerability to trade barriers.
01/27/2017
Could Brexit Britain become 'Europe's cold, wet Cayman Islands'?
Lawyers discuss dual track regulation, equivalence and the potential to streamline the UK's financial regime.
01/27/2017
Qatar Investment Authority said to seek further $2bn deal with Russia
Sovereign wealth fund bought a 19.5 percent stake in oil giant Rosneft this month
01/27/2017
Former banker ordered to hand over foreign pension income to ex-wife in landmark divorce ruling
Legal experts said that the case was a landmark judgment
01/27/2017
Think tank calls for UK long-term investment vehicles
Double voting rights exist in some other European countries.
01/27/2017
Agreement on global banking rules only "once dust settles" in U.S. - EU presidency
It is not that we want to delay, but things are changing rapidly
01/27/2017
Germany Sees Monte Paschi Bailout Eroding Bank-Failure Rules
Lawmakers from the ruling coalition urged the European Commission to fully enforce the rules for failing banks.
01/26/2017
Ex-footballer Alan Shearer reportedly suing over mis-selling
The Fortress International fund invested in selected US life insurance policies, which are also known as 'death bonds'.
01/26/2017
Financial Conduct Authority publishes general insurance value measures scorecard
By publishing these pilot data, consumer groups and market commentators will have commonly available indicators of value for insurers
01/26/2017
Dutch regulator mistakenly reveals Soros short positions
But only those that are larger than 0.5 per cent of a company’s outstanding shares are supposed to be made public.
01/26/2017
Wealth management firm joins lawsuit against Volkswagen
Saying that it is the only litigation that the company has ever been involved in, Spence pointed out that he felt it was important to be a part of it following the scandal.
01/26/2017
Fintech Sector Needs More Regulatory Oversight: Bundesbank
The Bundesbank recently launched a project with Deutsche Boerse to develop its own blockchain-based prototype of a securities settlement system.
01/26/2017
Two London traders convicted of conspiring to defraud Russian bank of over 141 million pounds
Urumov joined the Russian-owned company Otkritie Securities Ltd (OSL) and manipulated the firm into paying him approximately 20 million pounds
01/26/2017
ECB has three New Year’s resolutions for banks
Chair of European Central Bank's supervisory board has 'ambitious' plans for making the region's banking sector more stable