07/26/2021
Mourant trusts team achieves top position
In total, ten Mourant lawyers [across the Channel Islands and Caribbean] have been ranked in the trust and private client practitioner tables.
Legal, Regulation & Compliance
07/26/2021
Adviser receives four year prison sentence for fraudulent trading
Mr Hudson’s defrauding was calculated and persistent over a number of years, preying on victims who believed he was a financial adviser and trusted friend when he was neither of these things.
07/26/2021
Consumer protection: UK proposals point to increased enforcement risk
The proposals form part of a broader package of reforms, which include a number of planned changes to the UK’s competition law regime.
07/26/2021
HSF Financial Regulation: Daily Update
The FCA expects to publish its final consultation on IFPR around the beginning of August
07/25/2021
Old dog, new tricks - Complaints under the OECD Guidelines for Multinational Enterprises
While recent years have seen the non-judicial grievance mechanism established to hear complaints against multi-nationals under the Guidelines become increasingly prominent, there is still room for stakeholders to improve awareness and understanding of the
07/25/2021
Financial Regulation: Daily Update
The PRA has also published a direction and guidelines on the information to be provided when applying for this modification by consent.
07/23/2021
Timeline: Calendar of Key Developments in Financial Services Regulation
The Financial Services Timeline contains information on a range of anticipated developments in the following areas.
07/23/2021
The PRA’s UK Basel III regime
The UK Basel III regime implements the Basel III standards with a number of targeted deviations and differs from EU CRR2 in several respects.
07/23/2021
Carey Olsen tops offshore rankings in Chambers High Net Worth 2021
The firm continues to be ranked in more jurisdictions than any other offshore legal provider and is now ranked in Band 1 for its trusts and private wealth practices in Bermuda, Guernsey and Jersey
07/23/2021
Harneys advises Montagu Private Equity
The global private equity team at Harneys provides legal advice to private equity firms, investors, leading global law firms and sponsors on a wide range of transactions and structures using offshore vehicles.
07/23/2021
Ex-Quilter rep banned by FCA after conviction
The prohibition order takes effect from the date of this Final Notice.
07/23/2021
KPMG criticised for ‘unacceptable’ bank audits by UK regulator
FRC says one-third of audits by top seven accounting firms fall short of standards
07/23/2021
Dentons advises Sociéte Générale, BNP Paribas and Crédit Agricole on debut ESG-linked Schuldschein placement for Agrial Group
Frankfurt-based partner Oliver Dreher led the German-French team
07/22/2021
FCA: Information for firms who use certain exemptions to the Financial Promotions Order
These exemptions will be restored by Government Statutory Instrument (SI).
07/22/2021
FCA charges Simon Day with one offence of money laundering
Mr Day is due to appear at Westminster Magistrates Court on 10 August 2021.
07/22/2021
Norton Rose Fulbright LLP and Save the Children launch global strategic partnership
Save the Children operates in more than 100 countries including the UK.
07/22/2021
Italy investigates Blackstone-owned LIA insurer over tax evasion allegations -sources
LIA said it always cooperated with authorities
07/22/2021
5 reasons money launderers won’t worry about EU crackdown
Dirty money could still haunt the bloc even after the announcement of a new anti-money laundering watchdog.
07/22/2021
Mismatch by Ben Broadbent, Deputy Governor Monetary Policy
Speech given by Ben Broadbent, Deputy Governor Monetary Policy
07/22/2021
FCA Consults on Post-Brexit Changes to PRIIPS Regulation
UK rules will diverge from the much-criticised EU framework.