08/20/2015
Corporate governance of Cyprus investment firms
The Cyprus Securities and Exchange Commission has recently issued guidance on what it considers to be significant Cyprus investment firms for regulatory purposes.
Legal, Regulation & Compliance
08/20/2015
Bankpension criticised by regulator over investment stance, treatment of members
The savings in question related to pension products with conditional guarantees that applied only to part of the contributions.
08/20/2015
HMRC: The taxman cometh
UK authorities vowing crackdown on tax dodgers to prove system does not favour the rich and famous
08/20/2015
Greece repays 3.4 bn euros to European Central Bank: source
Klaus Regling, the managing director of the Eurozone Stability Mechanism that manages the bailout signalled Greece was making a fresh start.
08/19/2015
Germany's HSH Nordbank agrees 22-mln-euro fine in tax probe
News of the settlement was first reported by newspaper Sueddeutsche Zeitung and broadcasting networks NDR and WDR earlier on Tuesday.
08/19/2015
GMEX appoints index oversight committee
GDI already publishes the IRS Constant Maturity Index
08/19/2015
AES: Advice firms circumventing UK regulation a threat to investors
Foreign financial advice firms, which circumvent UK regulation using passporting rules, are acting with impunity, warns AES International.
08/18/2015
Bottermann Khorrami advises Israeli family offices in establishing a residential portfolio in Eastern Germany
The investment project was initiated by an Israeli investor and project developer
08/18/2015
Instinet Europe receives FCA authorisation as a Payment Institution
Instinet applied for the registration in March 2015 with the aim of complementing its market leading Commission Management business.
08/18/2015
Forex rigging: Barclays, RBS and HSBC facing billions in legal claims
Landmark case in New York could open door to "tens of billions of pounds" of claims in London
08/17/2015
Clydesdale Bank faces soaring mis-selling bill
CLYDESDALE Bank could see its latest £500 million mis-selling bill rise even higher as more customers claim compensation, according to a firm that specialises in securing redress.
08/17/2015
HSBC Said to Cut Suspended Senior London Credit Trader
He has been listed as “inactive” on the U.K.’s Financial Conduct Authority register since July 16.
08/14/2015
Recent CBI Findings against permanent tsb and Springboard Mortgages Limited
PTSB failed to inform certain customers of the consequences of their decision to break early from a fixed rate or discounted tracker period; a number of customers were not told that they lost their contractual right to be offered a tracker rate in the fu
08/14/2015
FCA changes monitoring of overseas banks with UK branches
The FCA states these other members of staff include those who give investment advice or submit to benchmarks.
08/14/2015
Deutsche Bank shamed again
The shredding of the reputation of Germany's biggest bank continued yesterday as seven Deutsche Bank employees were charged in Frankfurt with evading VAT in carbon market trades.
08/14/2015
Nine banks agree to pay $2bn to settle forex rigging suit in the US
Banks accused of foreign exchange rate rigging have agreed to pay major sums of money in settlements to investors
08/13/2015
Luxembourg private foundation
The Bill is being discussed and is expected to be adopted before the end 2015.
08/13/2015
Italy Agrees Details Of Advance Tax Ruling Regime
The Italian Revenue Agency would be required to issue a written reply within 120 days
08/13/2015
FCA gains high court injunction against fund manager and traders
Four of the five defendants were incorporated or resident abroad in Switzerland, the Seychelles and Hungary.
08/13/2015
SS&C Announces Favorable Arbitration Decision in Millennium Actions
The Millennium Action was a GlobeOp legacy dispute that first arose prior to SS&C's acquisition of GlobeOp in June 2012.