11/21/2016
The Morning Risk Report: Regulators Want To Be ‘Reg-Tech’ Innovators
“Reg-tech can drive down the cost of compliance.”
Legal, Regulation & Compliance
11/20/2016
London is Europe's global asset: Browne
London is a test study in Europe's resolve
11/20/2016
Revenue Announces New Clampdown On Off Shore Tax Evasion
Revenue has warned that time is running out for people hiding money overseas
11/20/2016
Law firm face £28m legal battle over collapse of Scottish tycoon Greg King's hedge fund
A Leading law firm are to learn within months if a bid to sue them for £28million can continue
11/18/2016
FCA publishes rules for the sale of the Lifetime ISA
The LISA will play a role in helping individuals save for either their first home or retirement.
11/18/2016
Slaughters and Cleary advise as Santander buys back asset management unit
The deal will give Santander full control of its asset management division
11/18/2016
Man Group closes Dubai office, to serve Middle East from UK
The company said it would also be withdrawing its licence from Dubai Financial Services Authority.
11/18/2016
Regulation round-up November 2016 - FCA
Regulation round-up is our monthly email to all regulated firms, updating you on the latest news that affects your sector.
11/18/2016
Deutsche Bank Wants Bonus Millions Back From Its Former CEOs
German law has few provisions for clawing back money that has already been paid out to managers
11/18/2016
Government response to consultation on FPC powers of direction in buy-to-let market
HM Treasury (HMT) has published the government's response to the consultation on the Financial Policy Committee (FPC) powers of direction in the buy-to-let market.
11/18/2016
Investment fees: FCA plans shake-up to help investors
The Financial Conduct Authority has today published the interim findings of its asset management market study
11/18/2016
EU watchdogs to get more powers to freeze bank payments - EU draft law
The draft law, expected to be published by the European Commission next week.
11/18/2016
Russian Central Bank revokes licenses from three banks
All three banks are members of the deposit insurance system
11/18/2016
Libor trader Tom Hayes writes to fraud squad over fresh Bank of England claims
The daily rate is meant to measure how much banks expect to pay to borrow from each othe
11/17/2016
Benson name removed from City’s banking pantheon
Société Générale consolidates private banking divisions
11/17/2016
Proposed Swiss bribery law preserves tax break for illegal profits
It leaves untouched the practice of letting companies take a deduction for illegal profits seized by regulators.
11/17/2016
After Trump and Brexit, All Eyes Are on Italy’s Constitutional Referendum
That in turn would make investors even more reluctant to put capital into the Italian banking system.
11/17/2016
U.S. election aftermath good for U.K. pension funding
This has seen increasing allocations to growth-focused assets that are likely to benefit from the expected policies of the president-elect.
11/17/2016
Advisers to pay for new EU regulation under FCA proposals
The FCA split these fee-blocks depending on the business conduct by the regulated firm.
11/17/2016
Commons urged to toughen up Criminal Finances Bill against 'dirty money' in London
We cannot, on the one hand, support developing countries with aid and then allow their elites to funnel ill-gotten gains through the City.