08/01/2016
BoE reassures EU banks on post-Brexit restructuring
Regulators will not force banks to set up costly UK subsidiaries, says senior executive
Legal, Regulation & Compliance
08/01/2016
Royal Bank of Scotland takes hit in European stress tests
Taxpayer-owned RBS had the third biggest fall in capital ratio buffers of 51 banks tested
08/01/2016
Revolving doors: Mishcon makes key City hire as K&L Gates boosts Fintech practice
Boosting its London and New York offices, K&L Gates has hired Judith Rinearson into its Fintech practice.
07/31/2016
Banks need to tackle web fraud
Losses from online crime are borne by customers but there are simple changes that could help protect them
07/29/2016
Central Bank Warns On ‘Speculative’ CFD Investments
The European Securities and Markets Authority said this week: “These are complex products and although it may be difficult for the majority of retail investors to understand the risks involved, they are widely advertised to the retail mass market by
07/29/2016
Investors on edge ahead of BoJ and European bank stress tests
And their mood has not been helped by the latest slide in oil prices, which has left them just a whisker away from a new bear market.
07/29/2016
The Wealth Finance Brief - Fieldfisher
In this quarter's edition of the Wealth Finance Brief we have taken the opportunity to consider a variety of legal issues and recent developments which we hope will be of interest to lenders in the private wealth sector.
07/29/2016
Ex-Barclays Executives Said to Face Round Two With SFO on Qatar
The interview requests come after Barclays handed over about 100,000 internal documents to the SFO from the Qatar deal earlier this year
07/29/2016
The SFO’s Battle For Survival
One recurring source of pressure has been Theresa May’s long-held enmity towards the SFO, and her desire to incorporate it within the National Crime Agency
07/28/2016
Deadline to Comment on European Blockchain Technology Regulation Quickly Approaching
ESMA outlined what it believes to be the benefits of blockchain technology.
07/28/2016
Standard Life Falls Foul Of New Pay Rule
The group published ten recommendations, including publishing the multiple of bosses' pay to their workforces.
07/28/2016
No More Passporting Post-Brexit?
Financial institutions have a choice to either set up a branch or provide services on a cross-border basis.
07/28/2016
Brexit brings old foes back into battle
David Davis and Michel Barnier — the lead negotiators on Britain’s EU exit — first clashed 20 years ago
07/27/2016
Mifid could challenge UK's postBrexit access to CCPs
An equivalent regulatory regime to Mifid II may not suffice in certain areas lawyer
07/27/2016
The Vatican and the Bank of Italy signed a key agreement after years of mistrust
A joint statement said the agreement, which the Vatican had lobbied hard to win, "aimed at enhancing the exchange of information in the field of financial supervision, on the basis of reciprocity".
07/27/2016
Brexit – Ireland as a location for Regulated Financial Service Providers
One major concern for UK regulated financial service providers is the ongoing uncertainty in relation to the continuation of the financial services passporting regime currently enjoyed by UK RFSPs throughout the EU/EEA.
07/27/2016
Companies Act 2014: Approaching Conversion Deadlines
The new company law regime in Ireland, introduced under the Act has been in force for just over a year
07/27/2016
Barclays Cartel Trader Told ‘Life Isn’t Fair’ Before Firing
"I found it not only unfair, but entirely unreasonable and deeply offensive."
07/27/2016
Goldman Sachs abused trust in dealings with Libyan LIA, fund's lawyer tells trial
The LIA argues the bank took advantage of its financial naivety by first gaining its trust, then encouraging it to make risky and ultimately worthless investments.
07/26/2016
Charities Regulator examining groups over investment vehicles
Special-purpose vehicles are used by financial firms to facilitate tax avoidance