11/09/2016
Panama Papers' taskforce launches tax evasion investigations
The taskforce has established a Joint Financial Analysis Centre to develop software tools and techniques to analyse the data and intelligence gathered
Legal, Regulation & Compliance
11/09/2016
Taxation: Council agrees criteria for the screening of third country jurisdictions
The Council's code of conduct group for business taxation will conduct and oversee the screening process, supported by the Council's secretariat.
11/09/2016
European court clears Government in €4bn IL&P recap case
It resulted in the State taking an almost 100pc stake.
11/09/2016
Investigations launched into 22 people for suspected tax evasion following government Panama Papers probe
The Chancellor says nine 'potential professional enablers of economic crime' have been identified
11/09/2016
Brexit: FCA letter to the Treasury Committee on "optimal framework" for financial services
The House of Commons Treasury Committee has published a letter from Andrew Bailey, Chief Executive of the FCA, to Andrew Tyrie, Chair of the Treasury Committee, dated 28 October 2016 regarding questions raised at a Treasury Committee hearing on 20 July 20
11/09/2016
Nine ABN AMRO Stffers Suspended On Mortage Forgery Investigation
ABN Amro already infored regulators DNB and AFM and launched an internal investigation invovling all mortgage records from 2013 to present
11/09/2016
Kirkland wins first mandate from Singapore's GIC in biggest European real estate deal of the year
The transaction is subject to regulatory approval and is expected to close by the end of 2016.
11/09/2016
Wolters Kluwer to Act as FCA TechSprint Regulatory Reporting Subject Matter Expert
RegTech is devoted exclusively to compliance and related issues, such as risk analysis and management.
11/09/2016
RBS accused of “systematic” failings over treatment of small firms
The Financial Conduct Authority yesterday released key findings from a two-year review of the GRG, which examined 207 cases over a six-year period.
11/08/2016
Keydata founder’s £600m claim against FCA struck out
Keydata sales director and three Keydata related companies began their case against the FCA for misfeasance in public office and conspiracy
11/08/2016
Finance sector warned of Islamic State dangers
He told the JEP that Islamic State had grown so sophisticated and wealthy that their finances have to pass through the regulated sector.
11/08/2016
Libor fraudster claims SFO director misled MPs
The description of his behaviour was not the case put before jurors.
11/08/2016
EU Securities Watchdog Clarifies Internalizer Rules Deadline
Brokers now have until September 2018 to comply with the European Securities and Markets Authority’s so-called systematic internalizer regime.
11/08/2016
Designated NCAs under the Benchmarks Regulation
ESMA has published a table listing the National Competent Authorities (NCAs) which have been designated under Article 40 of the Benchmarks Regulation.
11/08/2016
Debevoise Advises KEEN Venture Partners as it Announces €90 Million First Close of New Fund
The Fund will seek to provide early growth capital for technology companies with breakaway momentum across Europe, with a particular focus on innovation hubs in the UK, Netherlands, Sweden and Germany.
11/08/2016
Financial Conduct Authority unveils successful sandbox firms on the second anniversary of Project Innovate
The Financial Conduct Authority today marks the second anniversary of Project Innovate by announcing the firms that were successful in their applications to begin testing in the first cohort of the regulatory sandbox.
11/08/2016
Statement on the Financial Conduct Authority’s review of Royal Bank of Scotland’s treatment of customers referred to its Global Restructuring Group
This statement provides an update on the Financial Conduct Authority’sreview of Royal Bank of Scotland’s treatment of small and medium enterprise customers in financial difficulty.
11/08/2016
Ashley Fife To Participate In Forums In Italy
The forum continues to develop their prestige by growing their international program.
11/08/2016
Time for senior managers to roll up their sleeves over UK legal reforms to tax evasion laws - Ogier
Partner Nick Williams says that the new strict liability offence, which targets companies and partnerships that do not have reasonable procedures to stop employees and other people associated with the business from assisting underlying tax evasion
11/07/2016
Tougher 'dark pool' rules trigger race for alternative venues
The reform they aim to cater for is part of MiFID II, the second Markets in Financial Instruments Directive.