03/18/2021
“All the different projects that we are undertaking right now, also relating to our financial crime plan and all this, will take, not many years, but it will take years actually to complete,” Dybvad, who was brought in after the dirty money sc
03/18/2021
The banking team was joined by a team from the firm’s Structured Finance Group which was led by partner Reza Taylor and included managing associates Thomas Capon and Xi Chen.
03/18/2021
That led regulators to launch criminal proceedings against the bank on Tuesday, in a move that has surprised many in the City.
03/18/2021
UK financial planning firm completes double deal
It plans to expand its ‘services and footprint in London and the south west’
03/17/2021
FCA speech on regulation of wholesale financial markets
The FCA welcoming recommendations to look at aligning prospectus documentation requirements
03/17/2021
“Put scams in the Online Safety Bill, or leave millions of vulnerable people at risk of financial harm”, warns Martin Lewis charity
This is in part due to the impact of common symptoms of mental health problems — such as low mood, reduced concentration or impulsivity — which can make it harder for people to control online sending or spot potential scams online.
03/17/2021
ESMA to Allow Decision on Reporting of Net Short Position of 0.1% and Above to Expire
The overall level of net short positions is decreasing across the EU, reducing the risk that selling pressures could initiate or exacerbate potential negative developments connected with the evolution of the pandemic.
03/17/2021
AFME: Securitisation can be a key driver for a post-pandemic sustainable recovery
The report also highlighted that Asset Backed Commercial Paper programmes
03/17/2021
Denmark's Kompasbank gets license
The venture has built a digital infrastructure that it says will help differentiate it from traditional banks, specifically in the collection and processing of data.
03/17/2021
Davy is just the latest financial scandal - brokers take note
As this case shows, the wheels of justice can turn exceedingly slow when it comes to financial mismanagement and misgovernance, as anyone who has made a complaint against a large institution knows.
03/17/2021
Why diversity and inclusion are regulatory issues
Speech by our CEO, Nikhil Rathi, at the launch of the HM Treasury Women in Finance Charter Annual Review.
03/17/2021
While it doesn’t reveal which of those assets were concealed from French tax authorities, judges could use the figure to calculate any fine if UBS’s own conviction is confirmed.
03/17/2021
The loan is part guaranteed by the new green guarantee issued by SACE SpA pursuant to the simplification decree as part of the Italian Green New Deal.
03/17/2021
It is one of the first of its kind investing in shared ownership housing, the first stage of which will see the Fund make a £61 million purchase of 422 shared ownership homes in London and Kent.
03/16/2021
The combination of Telestream and Masstech’s respective market positions, customer bases and technology propositions will complement each other, as they continue to develop innovative video workflow solutions for the media industry.
03/16/2021
The last reporting where the lower threshold of 0.1% applies will be on 19 March 2021 and must be reported to national competent authorities (NCAs) by 15.30 on 22 March 2021.
03/16/2021
These regulations require the firm to determine, conduct and demonstrate risk sensitive due diligence and ongoing monitoring of its relationships with its customers for the purposes of preventing money laundering.
03/16/2021
European authorities are seeking to set up a minimum standard for whistleblower rules across EU member states, but they don’t favor paying for tips—a key part of an SEC program widely seen as a success
03/16/2021
The Central Bank expects firms' actions to be aligned with the expectations of its customers/investors and will take action where it believes firms (and senior management) are falling short of this expectation.
03/16/2021
This report highlights key trends and developments in 2020 global merger control activity, and looks ahead at what to expect in 2021.