09/27/2013
The European Union's markets watchdog wants to charge foreign clearing houses seeking to cash in on new derivatives rules being introduced across the 28-country bloc, an EU document showed on Saturday.
09/25/2013
Letters the bank sent to customers suggested that they had no alternative but to bring their repayments up to date
09/25/2013
George Osborne has lodged a legal challenge to attempt to halt European attempts to bring in a cap on bankers bonuses
09/24/2013
This fine comes alongside action from the United Kingdom’s Financial Conduct Authorit
09/24/2013
Global head of business transformation Oliver Campbell and his team were rewarded for radically improving efficiencies of legal services delivery.
09/23/2013
The latest development in the years-long Libor saga arrives today with news that a top Bank of America executive faces criticism for supposedly misleading a U.K. Parliamentary committee about his Libor testimony earlier this year.
09/22/2013
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09/22/2013
Trusts covered by an applicable IGA will be subject to home country implementing legislation.
09/22/2013
Earlier this summer the Sentencing Council of England and Wales announced new proposals for tougher punishments for white collar criminals
09/22/2013
Arck is a UK based investment vehicle that was set up to develop and sell overseas based properties.
09/22/2013
They must also emphasise there are no guarantees a positive return will be achieved over any time period.
09/21/2013
The pact, which could come as soon as Wednesday, would be the fourth settlement in the long-running world-wide investigation into alleged rigging of the London interbank offered rate
09/19/2013
The FCA is set to crack down on the lack of disclosure of shortfalls in professional indemnity insurance among advisers and wealth managers
09/19/2013
The use of service companies by limited liability partnerships could be outlawed in the UK Government's latest clampdown on tax avoidance.
09/18/2013
The working group is to publish a white paper for members, expected in the next few weeks
09/18/2013
It is hard to know where to begin in describing the savage indictment by regulators in the US and UK of how JP Morgan Chase came to lose a breathtaking $6.2bn from the notorious "London Whale" trades.
09/18/2013
Enhanced annuity specialist Partnership Assurance is thought to be one of the two companies the FCA is considering taking action against for inducement breaches
09/17/2013
The government was making him a scapegoat for the "London whale" trades while letting off his boss.
09/17/2013
The blue blooded investment bank is close to settling investigations into its £3.9billion London Whale losses
09/17/2013
Banks risk fines as high as 10 percent of their yearly sales for failing to set up adequate safeguards to combat benchmark rigging