04/08/2015
Bank execs challenge Dutch society on salary bonuses
A Tweede Kamer hearing about remuneration in the financial sector became confrontational between MPs and three major companies’ executives
Legal, Regulation & Compliance
04/07/2015
Banks pay out over 60% of profits for wrongdoing
BRITAIN’s biggest five banks have paid out the equivalent of 60 per cent of their combined profits in customer redress and fines for misbehaviour over the past three years, a report out today reveals.
04/07/2015
Securities Commission of The Bahamas Signs Additional AIFMD MoUs
The Securities Commission of The Bahamas has signed Memoranda of Understanding (MoUs) under the European Union's (EU) Alternative Investment Fund Managers Directive (AIFMD) with the securities regulators of Cyprus, Austria and Spain.
04/07/2015
Greece Claims €279 Billion In German War Reparations; They're Not Going To Get It
Greece has formalised its claim to reparations from Germanhy over the damages from World War II.
04/07/2015
Pensions and Investment Expert Joins global law firm
She is listed in all major legal directories, describing her aptitude to ‘work with the client to find a solution which best suits the scheme’.
04/07/2015
New payment systems regulator will open up payments systems to non-traditional players
Last week saw the launch of the Payment Systems Regulator, the first time the UK gets a regulatory body overseeing the £75 trillion a year payments systems.
04/07/2015
Debevoise Names Six New Partners
The firm’s commercially savvy lawyers regularly lead strategic transactions and complex disputes for world-class clients.
04/06/2015
Legal Dispute comes to London Trial
DAAR and Bank Alkhair allege the reputational damage was instigated by its former CEO who was dismissed in 2010
04/06/2015
Does More Regulation Make Investment Products Safer?
Regulated versus unregulated is a false dichotomy
04/06/2015
Europe’s secret demands make banks a guessing game for investors
The secrecy surrounding Europe’s new capital targets is unsettling some investors and analysts who say they’re being kept in the dark about the health of the region’s banks
04/02/2015
Biba chief bemoans expensive regulation as FCA proposes 8.4% hike
White highlights brokers already face the most expensive regulation in the world
04/02/2015
Fiducaire Unit Facing Prosecution In Jersey
The Jersey court date has been set to start on 23 June 2015
04/02/2015
CAIA Brings Alts Education To Advisors
Robert Kendall, managing director in the global client group at Deutsche Asset & Wealth Management, says his company made the Fundamentals of Alternative Investments Certificate Program mandatory training for all of its wholesalers.
04/01/2015
Don't let divorce ruin your business by Claire Blakemore, Withers
A number of my clients have gone on to create successful businesses after their divorces
04/01/2015
FCA business plan released: supervision and financial crime remains key focus for 2015 by Kirsten Lapham, Withers
The Financial Conduct Authority released its Business Plan and Risk Outlook for 2015/16 last week. It sets out the key risks identified by the FCA to industry; the areas of focus for the upcoming year; and its approach to addressing the risks to its obje
04/01/2015
FCA to raise regulatory fees
The Financial Conduct Authority is consulting on plans to increase fees that regulated firms have to pay for the 2015/2016 financial year.
04/01/2015
Regulation for Digital Currency Businesses on the Isle of Man
Tynwald recently approved changes to the Proceeds of Crime Act in order to bring digital currency under the control of that Act.
04/01/2015
Exclusive: SNB Governor Jordan Establishes “Central Bank Risk Free” FX Hedge Fund
After shocking the forex markets and triggering billion dollar losses across the board, Thomas Jordan will spearhead a private fund predicting central banks' moves. "It takes one to hedge one," elite investors say.
03/31/2015
BoE stress tests to focus on Asia and the eurozone
This year’s test includes shocks such as a contraction of more than 2 per cent in the eurozone economy
03/31/2015
Islamic bond trial over $650m launches in London
A $650m legal dispute has been launched in London’s High Court that will offer a rare glimpse into the Islamic bond market, as well as banking and business practices in the Middle East.