04/24/2020
A two-year investigation into suspected money laundering by an Italian organised crime network has led to the Metropolitan Police Services’s (MPS) largest ever cash forfeiture using an Account Freezing Order (AFO).
04/24/2020
Rand Merchant Bank head of Structuring Hendrik Fourie said: “Our collaboration with Leonteq will enable us to expand our financial services offering, thus enhancing our value proposition for clients.
04/23/2020
After FSCS concluded just 1% of LCF bondholders are eligible for compensation so far
04/23/2020
The professionals are reliable, present and always available.
04/23/2020
To determine whether a trust is or is not insolvent, the cash-flow test applies, namely the inability of the trustee to meet its debts as trustee as they fall due out of the trust property.
04/23/2020
Given the impact of coronavirus (Covid-19), we have introduced some temporary measures for firms submitting regulatory returns.
04/23/2020
CySEC sets out the parameters in which regulated entities are permitted to make use of this exception.
04/23/2020
The proposed Taxonomy Regulation establishes an EU-wide classification system or ‘framework’ intended to provide businesses and investors
04/23/2020
Project proposals can be submitted from 20 April until 30 April 2020
04/23/2020
We opted for regulating this space in a more financial services-based way, which became what we called the core principles.
04/23/2020
Compliance is a chain of responsibilities.
04/22/2020
He joined the JFSC in 2010 as a Commissioner and assumed the role of Chair in 2014.
04/22/2020
The question then is what happens to these LIBOR-based products when LIBOR is no longer available. As
04/22/2020
The bank falls short of EU anti-money laundering rules, internal audit reveals
04/22/2020
Capital markets and structured finance encompass a variety of asset types that have already been directly affected by the outbreak.
04/22/2020
In cases where the public consultation period or the permitted appeal period falls within the Emergency Period, they will be automatically extended by a period equal to the number of days in the original deadline that fall within the Emergency Period.
04/21/2020
Update prepared by Christopher Edwards (Partner, Guernsey) and Jeremy Bell-Connell (Associate, Guernsey)
04/21/2020
We set out our expectations of firms when dealing with the need for 'wet-ink' signatures (i.e. signing a document by hand using a pen).
04/21/2020
A major cyber incident, if not properly contained, could seriously disrupt financial systems, including critical financial infrastructure, leading to broader financial stability implications.
04/21/2020
If the COVID -19 pandemic has highlighted one mortgage issue, it might be how to enquire about an expat remortgage during lockdown.