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
Legal, Regulation & Compliance
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
01/26/2017
UBS Profit May Trail U.S. Peers on Litigation Reserves, Trading
The Zurich-based lender is the first of Europe’s big global banks to report fourth-quarter earnings.
01/25/2017
Herbert Smith Freehills - Financial regulation update
FCA's expectations on advising on pension transfers
01/25/2017
No Margin For Error: The Upcoming EMIR Margin Rules
EMIR is the centrepiece of the EU post financial crisis reform of derivatives markets and seeks to address perceived issues with counterparty credit risk and transparency.
01/25/2017
UK officials visit crown dependencies to discuss ‘Crexit’
The committee will use the trip to compile a report setting out the potential opportunities and risks for the crown dependencies of Brexit.
01/25/2017
Canada, Ireland set for AIIB as China pushes global agenda
Ireland, Canada, Ethiopia and Sudan are understood to be among the 25 countries expected to join this year
01/25/2017
Post Office in deal with banks to offer High Street banking services as HSBC announces ANOTHER 67 branches will close
It comes as major banks continue to axe branches all over the country, including more today from HSBC – and some of these are the 'last bank in town'.
01/25/2017
Private equity looks to Luxembourg for access to single market
Sector seeks to ensure it will be able to operate on continent after Brexit
01/25/2017
Russian banking sector's profit in 2016 can exceed one trillion rubles
But while Sberbank is prospering, small banks are losing their licenсes
01/24/2017
Herbert Smith Freehills - Financial regulation update
FCA consultation on CASS 7A and the SAR review
01/24/2017
Gibraltar ups due diligence for stock exchange approval
Due diligence and commercial due diligence remain compulsory elements of listing or joining the GSX.
01/24/2017
Charles Stanley broker jailed over £1.2m Ponzi scheme
I accept you are now full of remorse for the victims and your family.