05/10/2022
China Assets Blacklisted by Dutch Fund Manager
Screening tool shows India just scraping by, and the U.S. performing poorly on environment.
Legal, Regulation & Compliance
05/10/2022
Financial Regulation: Daily Update
Regulation 2 brings into force certain provisions of the Act on 1 June 2022 relating to requirements to refer individuals to pensions guidance in certain circumstances.
05/10/2022
Addleshaw Goddard: Financial Services & Banking News
The ESA's deadline for submitting amendments to the SFDR Delegated Regulation to the Commission is 30 September 2022, due to the urgency of the matter.
05/10/2022
Pandora Papers shed light on ‘gatekeepers’ of dirty money
MONEYVAL rebuked governments across Europe for failing to combat money laundering or police lawyers, accountants and other professionals who facilitate financial crime.
05/10/2022
Clifford Chance represents Dario Schiraldi on successful appeal against Monte dei Paschi derivatives conviction
Lead judge Angela Scalise overturned the previous ruling, stating that there was no case to answer.
05/10/2022
Carey Olsen advises States of Jersey on £500 million bond issuance
The bonds were listed on the Official List of The International Stock Exchange, with Carey Olsen Corporate Finance Limited acting as listing agent for the States of Jersey.
05/10/2022
GFG Facing UK Insolvency Hearing After Credit Suisse Ends Talks
The bank granted Gupta additional time by postponing hearings but has now broken off talks, which will lead to the commencing of insolvency hearings.
05/10/2022
Leading BVI academic weighs into controversy over UK direct rule
"We are committed to the decolonisation of the Caribbean and deplore the persistence of colonial rule of the people in the region.
05/10/2022
Flagstone receives regulatory approval in Jersey for new international arm
Flagstone International has also partnered with HSBC Channel Islands and Isle of Man, who will provide key operational services and support for the new business.
05/10/2022
Jersey lists sovereign bond on TISE
Jersey has listed a new £500 million government bond on The International Stock Exchange (TISE).
05/10/2022
MEPs back major AI reforms
It called for the EU to become a global standard setter for AI.
05/09/2022
Long Arm of U.S. Law Nabs Oligarch's Yacht in Fiji
The yacht arrived in Fiji on April 12, and a week later a judge ordered authorities to prevent is leaving Fijian waters.
05/09/2022
FCA bans five 'reckless' directors for unsuitable pension advice
The City watchdog said the firms provided unsuitable advice to more than 2,000 customers, with losses of more than £50mn.
05/09/2022
Digital Markets Act: Commission’s expectations on timeframes clarified
The Commission will be responsible for enforcing compliance with the DMA.
05/09/2022
Directors should take note of recent updates to Irish corporate law
Future legislation is expected to put some of these measures on a permanent basis.
05/09/2022
Reforms to UK competition law and merger control regime confirmed
The government has also decided against legislating specifically for the handling of whistleblowers in the context of competition law cases.
05/09/2022
New Charities Law to be introduced in Guernsey
Guernsey is introducing legislation to regulate the charitable sector.
05/08/2022
Financial Regulation: Daily Update
The FCA is more resilient to the economic and geopolitical disruptions of today
05/08/2022
The widening scope of the Quincecare Duty
The Philipp case provides an excellent opportunity for financial instructions to review and improve their APP fraud measures.
05/06/2022
Digital Services Act agreed by EU law makers
Fines of up to 6% of the annual global turnover of will be able to be levied on online platforms and search engines that fail to comply with the new legislation.