11/24/2014
Bankers’ bonus farce is undermining London’s status as financial centre
While Europe fiddles with the pay cap, other economic hubs are dividing the spoils
11/24/2014
While Europe fiddles with the pay cap, other economic hubs are dividing the spoils
11/23/2014
Civil servant Gerard Ryan has told TDs that the investigation into a series of offshore bank accounts, allegedly held by a number of former politicians, is far from completion.
11/23/2014
Global policymakers look set to finalise tougher new capital rules on asset-backed securities in December, just three months before defining banks' high-quality assets which may well then be granted better treatment in the future.
11/21/2014
George Osborne has dropped his challenge to the EU over banker bonus caps
11/21/2014
That’s in line with comments from Executive Board member Yves Mersch, who has said the ECB will start buying ABS this week.
11/21/2014
The liquidators of Gibraltar firm Marrache & Co are suing the local branch of accountancy firm Baker Tilly for negligence, breach of duty, conspiracy and dishonest assistance for audit advice given prior to Marrache’s collapse in 2010.
11/20/2014
She said Mifid II required all costs to be aggregated, and that the industry would find out in December how that goal would be interpreted into regulation, which will come into force in 15 months’ time.
11/20/2014
Russia’s upper house of parliament has approved an “anti-offshore” law requiring individual and corporate taxpayers to report foreign profits.
11/20/2014
Speech by John Griffith-Jones, Chairman of the FCA, at The Association of Professional Financial Advisers (APFA) Annual Gala Dinner delivered at Banking Hall, London. This is the text of the speech as drafted, which may differ from the delivered version.
11/20/2014
The FCA has taken this action against the Banks for failing to put in place resilient IT systems which could withstand, or minimise the risk of, IT failures.
11/20/2014
The UK government is due to receive an indication on whether its battle to overturn an EU law on bankers' pay is likely to succeed.
11/19/2014
On 24 October 2014, the Commerce & Employment department published its consultation paper on various options for reforming Guernsey’s insolvency regime, both for personal and corporate insolvency.
11/18/2014
Jurisdictions worldwide may not yet have come up with their 'Esperanto' when it comes to exchanging information about taxpayers, but they are certainly less disconnected than they used to be.
11/18/2014
Amid concern the current pay regime does not deter misbehaviour
11/17/2014
He believes the time is ripe to shift the regulatory tone from ‘risk management and compression’, instead encouraging the growth of the asset management industry.
11/17/2014
Former Royal Bank of Scotland chief executive Stephen Hester faces a fresh political row over his pay after it emerged he received a £1million payout from the bailed-out bank earlier this year.
11/17/2014
City shamed again but fines fail to stop banks behaving badly
11/17/2014
The chairman of the Dail's spending watchdog, John McGuinness, is to defy his own committee's legal advice and will seek to investigate the controversial Ansbacher dossier on tax evasion.
11/17/2014
There was a time when bank bosses took at face value Ogden Nash’s satirical poem Bankers Are Just Like Anybody Else, Except Richer.
11/17/2014
"We are aware that some of these customers have transferred funds to second-tier financial institutions in Hong Kong," Carey said.