09/23/2020
FCA launches consultation on the regulation of international firms
The FCA expects a firm seeking authorisation to have an active place of business in the UK to enable us to effectively supervise its UK activities.
09/23/2020
MPs question regulators after money laundering leak
The FinCEN files are made up of more than 2,500 documents, most of which were sent to the US authorities by banks between 2000 and 2017.
09/23/2020
After he was sentenced to 30 months’ imprisonment in 2017
09/22/2020
French insurer Axa will appeal a Paris commercial court ruling ordering it to pay five restaurant owners who had to close during coronavirus lockdowns.
09/22/2020
ING’s Polish subsidiary executed transactions for two Dutch bank clients: Schildershoven Finance BV and Tristane Capital BV.
09/22/2020
FinCEN’s move to sanction two Latvian banks in 2005 was aimed at ending their use of U.S.-registered shell companies for money laundering.
09/22/2020
Adapting English law for the digital revolution
The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.
09/22/2020
Britain Plans Law to Safeguard City of London's Global Standing
The reference to world leading prudential standards will reassure regulators in Britain who have cautioned about being given a formal remit to maintain the competitiveness of London as a global financial centre when writing new rules, fearing it would wea
09/22/2020
Former DLA Piper partners reignite relationship with Therium in latest law firm portfolio deal
09/22/2020
BME partners with CSS to strengthen its regulatory service suite
Financial services clients will benefit from an integrated solution that seamlessly captures, consolidates and reports all data required for compliant transaction reporting.
09/22/2020
Inside scandal-rocked Danske Estonia and the shell-company ‘factories’ that served it
The FinCEN Files reveal how a handful of secretive agencies mass-produce U.K. shell companies owned by criminals and launderers from former Soviet states.
09/21/2020
Nicolas Moreau faces multiple challenges in transforming the asset manager while the parent bank undertakes restructuring
09/21/2020
Reports allege that a number of major UK lenders allowed dirty money to flow through their accounts
09/21/2020
At first this was all paid for by the government, but firms are now having to make a contribution to wages as well.
09/21/2020
According to the report, the $2 trillion of transactions scrutinized represent an extremely minute fraction – just 0.02 percent – of the more than 12 million suspicion activity reports filed by financial institutions with FinCen between 2011 a
09/21/2020
Lloyds Bank confirmed to The Sunday Times that it will be withdrawing services from Holland, Slovakia, Germany, Ireland, Italy and Portugal - in a move that will affect 13,000 British customers.
09/21/2020
Thierry Breton says concerns exist Silicon Valley companies have become ‘too big to care’
09/21/2020
The German bank said in a statement that incidents in the leaked documents “have already been investigated and led to regulatory resolutions.”
09/21/2020
We’re here today to talk about what it will take to get your business ready to transition away from LIBOR.
09/21/2020
Regulatory proposals viewed as fresh attempt to capture more of UK’s £9tn asset management sectors