10/08/2020
5MLD legislation came into force on 10th January 2020 as part of UK’s plans to help combat the growing money laundering problem facing the country, and all firms previously within scope should have been compliant immediately.
10/08/2020
FCA, lifeboat scheme and Financial Ombudsman Service publish joint statement
10/07/2020
The rules will apply one year after publication in the Official Journal of the EU (OJ).
10/07/2020
The sector continues to feel the pressure of the COVID-19 pandemic and this deal will ensure the management team has the flexibility to navigate the challenges ahead”.
10/07/2020
The guarantee agreement is backed by the European Commission's Cultural and Creative Sectors Guarantee Facility, which is managed by the EIF. It also benefits from support from the European Fund for Strategic Investments (EFSI).
10/07/2020
The transaction was privately placed with a group of European supranational institutions.
10/07/2020
Rising Star Rachel DeSanges is head of Employment in Guernsey and is praised for her understanding of client needs within a 'knowledgeable team providing an efficient service.'
10/07/2020
There is a loophole where the regulations do not apply to employees who are contractually entitled to a longer period of notice than the law requires.
10/07/2020
Around £10m of property has been surrendered in a major victory against some of northern England's most dangerous criminals.
10/07/2020
Proposed legislation would stop banks and financial firms from using IT services that present risks, and would standardize cyber regulation across Europe
10/07/2020
Under the proposed new strategy, on which shareholders will decide today, the EBRD will accelerate the transition to a low-carbon economy.
10/07/2020
Most firms also signpost their FCA number which can be used to search for a business on the regulator's register.
10/07/2020
Bank is grappling with low rates and rising household savings
10/07/2020
70 investors were promised returns ranging between 7% and 16.9%
10/06/2020
The FCA will press on with the application to appeal to the SC while continuing discussions with insurers and action groups to find a solution that avoids the need for appeal.
10/06/2020
Ms George's suit alleges violation of the territory's civil racketeering law and sought forfeiture of Epstein's private island in the territory as restitution for his victims and unspecified damages.
10/06/2020
But behind the scenes, it used client money for personal expenses by borrowing from clients under the guise of investments and onboarding new clients to repay the existing ones.
10/06/2020
The breach is in connection with the handling of Venezuelan client relationships.
10/06/2020
The bank is no stranger to such allegations, having squandered its reputation in a string of lawsuits brought against it for allegedly laundering $881 million for Mexican drug cartels.
10/06/2020
The Insolvency Service said it had found "several instances of misconduct"