09/01/2016
FCA – final notice
The FCA has prohibited Mr Peter Charles Johnson from performing any function in relation to any regulated activity carried on by any authorised or exempt person, or exempt professional firm.
Legal, Regulation & Compliance
09/01/2016
Your art collection and the law by Iris Harvey, Maitland
discusses the legal issues that come into play when assembling an art collection...
09/01/2016
PwC fined £2.3m over auditing of subprime lender
A settlement agreed between the FRC’s Executive Counsel, PwC and the then audit engagement partner, Mr Simon Bradburn, has been approved by a legal member of the independent Tribunal Panel.
08/31/2016
Why the probate fee is yet another ‘stealth’ tax on wealth
The probate fee is paid when the executors of your will apply for a grant of probate.
08/31/2016
Apple ordered to pay 13 billion euros after Ireland tax deal ruled invalid
Ireland granted illegal tax benefits to Apple which enabled it to pay substantially less tax than other businesses over many years,” said EU Competition Commissioner Margrethe Vestager.
08/31/2016
Irish cabinet to consider appealing Apple tax ruling
Finance Minister Michael Noonan has said the Irish Government will appeal the ruling.
08/31/2016
Ireland as a Base for High Net Worth Individuals - Maples & Calder
It is also the world's leading jurisdiction for aircraft finance and leasing.
08/31/2016
SFC reprimands and fines BNP Paribas Wealth Management $4 million
The SFC’s investigation found that at the material time, the monetary benefits, including charges, mark-ups and fees, received by BNPPWM from around 2,300 client transactions exceeded the levels it represented in its documentation provided to the cl
08/30/2016
How industrialized nations skew global trade policy
Concepts advanced by major industrialized countries eventually pave the way for concluding “asymmetrical” agreements
08/30/2016
Ex-Coutts banker killed by punch 'when he approached group of women' on night out
Oliver Dearlove was attacked in Blackheath in the early hours of Sunday
08/30/2016
EWG Urge Greece to Expedite Bailout Requirements
Along with the prerequisites of the bailout deal — such as labor law reforms — two major issues remain open ahead of the negotiations with creditors
08/29/2016
European Commission Adopts Further MiFID II and MiFIR Delegated Regulations
On August 22, the European Commission (Commission) adopted two further delegated regulations (Delegated Regulations) to supplement the amended and restated Markets in Financial Instruments Directive (MiFID II), and the Markets in Financial Instruments Reg
08/26/2016
New BBC drama mapping the lives of London divorce lawyers gets the green light
New six-part series called “The Split”
08/26/2016
Could Brexit mean lighter regulation for private equity?
Private equity deal-doers have resented the extra reporting burden brought by the Alternative Investment Fund Managers Directive.
08/25/2016
Waiting times for FCA authorisation worsen
The FCA said it had expected its figures for the second quarter of 2016 to get worse - and the maximum waiting time has increased by nearly 50 per cent on the previous three months, when it was 50 weeks.
08/25/2016
Responses to EBA discussion paper on innovative uses of consumer data by financial institutions
The European Banking Authority (EBA) has published the responsesreceived to its discussion paper on innovative uses of consumer data by financial institutions.
08/25/2016
Anti-Money Laundering Update - The Law Society
In this edition we have a policy update providing commentary on the implications of Brexit on anti-money laundering
08/24/2016
U.K. Banks to Lose EU Access After Brexit, Merkel Ally Says
Passporting rules, which allow a bank incorporated in any EU member state to sell its products and services throughout the $19 trillion integrated economy.
08/24/2016
OJ – RTS on business reorganisation plans and liabilities arising from derivatives under BRRD
The Official Journal of the European Union (OJ) has published a delegated regulation supplementing the Bank Recovery and Resolution Directive
08/24/2016
Brooks welcomes settlement in two-year trust legal tussle
The dispute relates to Brooks’ 2012 purchase of Channel Island fund manager Spearpoint, which had invested around £30 million in zero dividend preference shares issued by Origo.