02/24/2013
Guidelines on certain aspects of the MiFID suitability requirements
Firms should also make sure that the client understands the notion of investment risk as well as the relationship between risk and return on investments. To this end for instance, firms should consider using indicative, comprehensible examples of the leve
02/24/2013
Norton Rose has been instrumental in creating Link - the Lesbian, Gay, Bisexual and Transgender Insurance Network - and is supporting its launch.
02/24/2013
The Commission made clear that auditors are accountable to shareholders first and foremost
02/24/2013
The European Commission has expanded its 18-month antitrust investigation to include new currency denominated financial product
02/21/2013
Libor setting 'still not clean' despite scandal
The Libor scandal emerged in June last year when UK and US authorities fined Barclays £290m for fixing the key inter-bank interest rate.
02/21/2013
The majority of advisers had already started charging their clients for advice rather than taking commission
02/21/2013
Withers turns to Appleby for pan-Europe investment push
At Withers he is charged with setting up a team that will act for investment fund clients across Europe as the EU’s alternative investment fund managers directive is implemented later this year.
02/21/2013
Insisting that new wealth taxes are "utter nonsense" from an economic point of view
02/21/2013
The naming and shaming exercise is part of a crackdown that includes larger fines and tracing previous evaders
02/20/2013
It would constrain French banks to transfer into a separately funded entity its speculative activities, and would ban certain activities such as high-frequency trading and some forms of commodities trading.
02/20/2013
Clifford Chance names new managing partner for Spain
Clifford Chance has announced corporate specialist Jaime Velázquez as managing partner of its Spanish offices
02/20/2013
KPMG had earlier revealed a 13% fall in profits for the year
02/19/2013
Mansion Tax - A silly way to tax wealth
Taxing property unlikely to yield much success says one commentator.
02/19/2013
The Guidelines follow ESMA’s consultation on the draft remuneration guidelines which closed in September 2012.
02/18/2013
Avoidance schemes are "running rings" around HMRC and those who use them should be made public, according to MPs.
02/18/2013
FSA has launched a thematic review into the disclosure and delivery of adviser charging in the post-RDR regulatory landscape
02/18/2013
The fraud was based on the existence of a "lost retailer" among the firms
02/18/2013
LBG failed to establish an adequate process for preparing redress payments to send to PPI complainants.
02/17/2013
There is evidence that transaction costs did not significantly come down for individual investors
02/17/2013
“We are determined to develop measures to address base erosion and profit shifting.”