08/11/2016
UK's biggest rogue trader on the drive to make profits at any cost at the heart of banking
He was found guilty of two counts of fraud in 2012 at Southwark Crown Court and sentenced to seven years in prison.
Legal, Regulation & Compliance
08/10/2016
Qumu Gains Award-Winning Law Firm as a Customer
The Qumu platform will streamline the creation, management and distribution of video content to employees and clients.
08/10/2016
Bank of Russia set to expand its efforts to mop up liquidity glut
As the second year of deficit spending floods the country’s financial system with cash, the inflows are weaning lenders off central bank funding.
08/10/2016
Bank of Italy to close AS PrivatBank branch over money-laundering breaches
AS PrivatBank, 46 percent owned by Ukraine's PrivatBank, was set up in Latvia in 1992 with 13 branches in Latvia and one in Italy.
08/10/2016
Ex-Nomura Bond Trader Wins Dismissal Case After $40 Million Loss
The bank is “disappointed” with the judgment, a spokeswoman in London said.
08/10/2016
Law Makers Should Take Blame For Tax Avoidance
To lie about financial matters or cheat the taxman is viewed as a criminal offence.
08/10/2016
Polish regulator asks KSF for view on BGZ BNP Paribas
The bank says it has not received any information about when the capital buffer requirement would be implemented or its impact on minimum capital adequacy ratios.
08/10/2016
ESMA Publishes Further Advice on the Application of the AIFMD Passport for Non-EU Jurisdictions
The decision on whether to extend the passport rests with the European Commission, subject to the right of the European Parliament and European Council to raise objections.
08/10/2016
Broker fined for Quindell listing failures by FCA
An AIM-quoted company that provides various securities-related services to UK companies.
08/09/2016
Barclays reaches US$100 million US Libor settlement: NY attorney general
Manipulated Interest Rates Hurt Government And Not-For-Profit Entities In New York And Across The Country
08/09/2016
Hoots and squawks come home to nest at Deutsche Bank
Bank to pay $12.5m to securities watchdog over information broadcast on internal speaker system
08/09/2016
One monthe to deadline for implementing FCA and PRA whistleblowing rules
Given the distractions of the summer holiday season and the aftermath of the Brexit referendum, it would be understandable if other developments slipped off the radar.
08/08/2016
Fraud claims leave life insurers in a fix
Life insurance companies in a fix over the provision of claims
08/08/2016
FIX Trading Community announces new recommended guidelines for the use of FIX in multi asset classes for post-trade
Following on from its work with cash equities, the working group assessed a number of different asset classes and how variations in workflow can create issues.
08/08/2016
Black Country law firm boosts private client team
Has strengthened its employment and private client teams.
08/08/2016
Lawyers begin to feel Brexit pain
A Greek lawyer will run in the marathon at the Rio Olympics this month having qualified without realising.
08/08/2016
Olswang turnover drops 11 per cent as merger hunt continues
Profit per equity partner was flat at £490,000, while total remuneration to all classes of partner was £32.3m, down by 17 per cent from £39m.
08/06/2016
Isle of Man Regulatory Update - Appleby
Alternative Banking Regime in the Isle of Man
08/05/2016
FCA minutes of MiFID II implementation roundtable
The FCA has published minutes from the MiFID II implementation roundtable held on 26 May 2016. Items discussed at the meeting include:
08/04/2016
Future Marketing Rules for Non-EU Fund Managers in Germany
Germany’s private placement rules for funds will change again.