08/04/2020
FCA consults on new rules to improve open-ended property fund structures
The proposed notice period would allow the manager to plan sales of property assets so that it could better meet redemptions that are requested.
Legal, Regulation & Compliance
08/04/2020
Eversheds Sutherland posts strong results
Firm's international business, excluding the US, sees net profit rise 5%
08/04/2020
HSF sees profit fall but new CEO says 'underlying strengths' are encouraging
Justin D'Agostino highlights regional successes, says pandemic curbed revenue
08/04/2020
FCA speech on LIBOR transition
Speech by Edwin Schooling Latter, Director Markets and Wholesale Policy at the FCA, delivered at a webinar hosted by the International Swaps and Derivatives Association 14 July event on 'The Latest in LIBOR Transition, The Path Forward'.
08/04/2020
Tide and ClearBank join the race for £25-£35m slice of Pool E
Back for a second bite of BCR funding.
08/04/2020
Risk of Germany's constitutional court banning QE is averted
The court gave German federal authorities three months to provide evidence an assessment had been done to show the scheme was proportionate to the anticipated outcome
08/04/2020
How to tackle 'tick box' compliance on fund boards
Senior Consultant to our Fund Services team, Melville Rodrigues explains how UK fund boards should pre-empt the FCA needing to impose further mandatory reforms.
08/03/2020
$340m in London law firm's account suspected of 1MDB connection
Money in Clyde & Co’s bank account linked to money allegedly embezzled from Malaysian fund
08/03/2020
OECD Here to There • Tax Havens & Covid • Substance in Flux
The OECD digital tax project on profit reallocation seems to be in an undesirable place.
08/03/2020
Crispin Odey charged with indecent assault
In a separate statement, Odey denied the allegation and insisted he would "strongly contest this matter".
08/03/2020
Smith & Williamson shareholders approve Tilney takeover
This is a significant transaction and getting to this stage in the midst of a global pandemic is a real achievement.
08/03/2020
International: What 'Schrems II' means for companies that rely on derogations
The Court of Justice of the European Union's judgment stipulates that companies will need to evaluate whether their use of the standard contractual clauses provides sufficient protection in light of any access by the public authorities of the third c
08/02/2020
No More LIBOR
Bank of England Takes Another Step Away From LIBOR
08/02/2020
Financial Crime in Jersey
Fraud in Jersey is a common law offence that can be committed by natural persons.
08/02/2020
FCA updates guidance on handing complaints
Find out about how your complaints should be handled during the coronavirus situation.
07/31/2020
HMRC investigates alleged multi-million-pound tax scam
Four were arrested and questioned on suspicion of money laundering offences
07/31/2020
Leonteq Announces New Partnership with Banque Internationale À Luxembourg
Leonteq and Banque Internationale à Luxembourg SA (BIL) have initiated a partnership for the issuance and distribution of structured investment products.
07/31/2020
IHT receipts fall for the first time in a decade
‘Hard to believe’ that inheritance tax is not ‘under the microscope’ to fill hole in UK budget
07/31/2020
Investors seek government intervention on mini-bonds
They have started a petition to get the products regulated and victims compensated
07/31/2020
JFSC committed to helping Industry with KYC utility
This in theory could result in reduced costs when taking on new clients, whilst introducing an enhanced degree of assurance as to the quality of these client processes.