02/21/2016
Six arrested in ICBC money laundering case ordered to jail
The court said in a statement that all six were suspected of having committed "several economic crimes", without giving any further details.
Legal, Regulation & Compliance
02/19/2016
Iran's Bank Mellat to pursue damages against Britain after winning EU ruling
The court rejected an appeal brought by the bloc against a lower court ruling.
02/19/2016
Italian law firm announces plans to open new office in London
He specialises in M&A, private equity and real estate.
02/19/2016
ESMA Publishes Translations Of Its Transparency Directive Standard Form For Home Member State
The purpose of the form is to simplify the filing procedure for issuers and to provide national authorities with a consistent set of information.
02/19/2016
European financial watchdog logo used by fraudsters
The European Securities and Markets Authority also said the name of a senior member of staff has been used in attempted scams targeting a savings bank and listed issuer.
02/19/2016
Why Regulators Are to Blame for the MiFID II Delay
The other part of the problem is the complete lack of vision and courage among U.S. and European politicians and regulators — a global recession might have needed a global, coordinated response.
02/19/2016
Regulation round-up February 2016 - FCA
Regulation round-up is our monthly email to all regulated firms, updating you on the latest news that affects your sector.
02/19/2016
Blackadders gains presence across Scotland with merger
The merged practice will have 25 partners and over 250 staff and will trade under the Blackadders banner.
02/19/2016
FCA raises concerns about advisers' platform due diligence
Platform due diligence is lacking
02/19/2016
FRSB publishes report into charity fundraising practices
The FRSB's report highlights that Mrs Cooke was a generous supporter of many charities
02/19/2016
Barclays to pay $50 million to end U.S. currency rigging lawsuit
It comes three months after Barclays agreed to pay $150 million and fire a senior electronic trading official to resolve similar claims by the New York State Department of Financial Services.
02/18/2016
Police raid Madrid office of China's biggest bank
Over 100 police were involved in the operation, which saw the arrest of five ICBC directors, Europol said in a statement.
02/18/2016
Plus500 insists it faces no further FCA scrutiny
The FCA has written to spread-betting bosses warning it wants to see improvements across the contracts-for-difference industry
02/18/2016
Reform of Guernsey’s Corporate Insolvency Laws - Appleby
As has been widely reported, the Commerce and Employment Department undertook a review of Guernsey’s insolvency laws, both personal and corporate, with significant input from key stakeholders.
02/18/2016
Milan court sentences ex-Valentino chairman for tax evasion
The three denied wrongdoing through their lawyers and will appeal the verdict.
02/18/2016
13 bankers to be sent for trial
The case also involves a hybrid financial instrument called Fresh 2008 which Monte dei Paschi used to partly fund the acquisition of rival bank Antonveneta.
02/17/2016
Appleby Advises LSE listed German property investor
The Firm Placing and Offer for Subscription will raise up to £38 million before expenses.
02/17/2016
European Commission Concedes One-year MiFID II Extension
This delay “is to take account of the exceptional technical implementation challenges faced by regulators and market participants,”
02/17/2016
Offshore Compliance and Regulatory News: Sanctions by Ogier
Nicola Roberts reports on the current Russian Sanctions, their applicability in Jersey and the importance of remaining vigilant.
02/17/2016
JHC welcomes more time for industry to implement MiFID II
With the finalised text not now due until much later in 2016, the delay will give the industry more time to implement it properly.