09/24/2021
End of an Era for UBS Legal Veteran
French government prosecutors are seeking a fine of at least 2 billion euros and 1 billion euros in damages and interest.
Legal, Regulation & Compliance
09/24/2021
Latham & Watkins Advises on Argo Blockchain Plc IPO
Firm represents the underwriters in the offering by the sustainable blockchain infrastructure and cryptocurrency mining company.
09/24/2021
Dramatic rise in fraud and scam complaints
Financial Ombudsman Service warns of fraud danger as it continues to help high numbers of customers.
09/24/2021
Latest CJEU, EFTA and ECHR
CJEU decision on the Belgian excess profit ruling system
09/23/2021
Ex-rugby star turned private banker accused of stealing €578,000
He was released on bail of his own bond of €10,000 and agreed to surrender his passport
09/23/2021
Central Bank of Ireland Review Identifies Market Abuse Deficiencies
In July 2021, the CBI issued a Dear CEO Letter (the "Letter") setting out its findings and expectations arising from the review.
09/23/2021
Stricter rules on pay for UK asset managers – are you ready?
The new code’s requirements will have a material impact on all firms from 1 January 2022.
09/23/2021
Ten years on: Impact of GFC is still being felt in asset management industry
Fewer firms than in 2010
09/23/2021
Financial Crime Focus
The proposal sets the threshold for cryptoasset transfers at GBP 1,000 so it will therefore be necessary for firms to calculate the value in GBP of, for example, a transfer of Bitcoin or Ethereum.
09/23/2021
Financial Regulation: Daily Update
HM Treasury has laid a report in Parliament on the exercise by the BoE and PRA of sub-delegated powers under the European Union (Withdrawal) Act 2018.
09/22/2021
Guidance for approval of senior pay
How senior pay and reward packages are approved.
09/22/2021
Giovannelli e Associati with Objectway on the cross-border acquisition of Die Software
Our team, composed by partners Matteo Delucchi and Eugenio Romita, senior associate Antonello Lops and associate Lorenzo Mazzocconi, advised the purchaser on the SPA, the SHA, the related Italian corporate matters as well as on the tax structuring of the
09/22/2021
IA publishes Guidance on FCA’s Guiding Principles on ESG and Sustainable Investment Funds
The purpose of the IA’s guidance is to help members implement the Guiding Principles and ensure more consistent customer communications.
09/22/2021
Advisers warned over compliance as HMRC writes to non-doms
Ashford added that in the past five years HMRC has heightened its focus on cracking down on so-called ‘enablers’.
09/22/2021
Expats rush for Portugal golden visa deadline as EC prioritises end of Malta revised scheme
The recent changes in both these arrangements could be said to be aimed at placating these dissenting voices in some small way.
09/22/2021
FCA provides update on LIBOR transition
The focus since then has been on reducing the existing stock of LIBOR contracts.
09/22/2021
Financial Regulation: Daily Update
The European Court of Auditors (ECA) has published a report on sustainable finance that calls for more consistent EU action to direct finance towards sustainable investment.
09/21/2021
OPBAS publishes report on progress
PBAS expects PBSs to continue investing and improving, focusing their supervisory efforts to have the greatest impact on the prevention of money laundering, and working with other authorities to make the UK an inhospitable place for criminals.
09/21/2021
Law that creates work-from-home right for UK employees to be confirmed on Thursday
This will allow anyone to make a request from the start of their job, with the move aimed at enabling women, disabled people and carers to balance their work and life commitments.
09/21/2021
Regulators not up to speed on banks' digital marketplaces, EU watchdog says
Finance and tech companies are coming closer together as banks set up digital marketplaces for products