01/27/2020
Rothschild bank heirs sue authorities in Vienna for 'perpetuating Nazi laws by plundering £90m charitable trust that was seized by Hitler'
The lawsuit has accused district of plotting to sell valuable property under value
Legal, Regulation & Compliance
01/27/2020
PIMFA Welcomes IRSG Report on ‘Architecture for Regulating Finance after Brexit’
The report reflects a number of PIMFA views and interests, and will help our own bilateral work with Treasury to ensure that our detailed knowledge of the retail investment, savings, and advice markets, and their regulation, receives full consideration in
01/27/2020
FINMA Credit Suisse Investigation Could See Executive Overhaul
The bank is being investigated for spying on its own personnel.
01/27/2020
France charges bitcoin expert Vinnik with money laundering
The judges handed him preliminary charges of extortion, money laundering and organized crime activity, the official said Friday.
01/27/2020
Danish authorities struggling with surge in suspicious money flows
The agency said the FIU’s electronic screening model was “too simple” and had a “range of weaknesses”, and that it had failed to process all relevant reports and forward these to authorities.
01/27/2020
UK Money Laundering Regulations Added to the Art Market
While the precise contours of the new regulations will likely be subject to much debate in the coming months
01/27/2020
Gibraltar regulator says local businesses will pay 12% Brexit levy
The levy will not apply to companies from these sectors that do not passport into the UK, the GFSC added.
01/27/2020
More than £5 billion secured after crackdown on multinational companies diverting profits
The extra tax is due to reforms introduced in 2015 to tackle profit diversion.
01/27/2020
CySEC press release and policy statement on investment-based crowdfunding rules
In turn, the policy statement summarises the feedback received in response to the Consultation Paper and sets out CySEC’s final position on the subject matter.
01/26/2020
Chris Hemsley's speech at the Westminster Business Forum - 23 January 2020
This is the text of the speech as drafted and may differ from the delivered version.
01/26/2020
Europe’s Banking Regulator Paves the Way for Bank Mergers
Softer stance toward tie-ups comes as sector struggles to make money against backdrop of low rates
01/24/2020
Andrew Bailey calls on tech giants to collaborate with the FCA to help protect consumers
In his final podcast interview as Chief Executive, Andrew Bailey looks back at the last year and his time at the FCA, and underlines the important work ahead as the UK leaves the European Union.
01/24/2020
Financial Services AI Public Private Forum
The pursuit of artificial intelligence (AI) and use of machine learning (ML) are increasingly important fields of innovation in the financial services sector.
01/24/2020
Liechtenstein Regulators Approve Ethereum-Based Real Estate Fund
A fully regulated tokenized real estate fund has been approved by officials in Liechtenstein.
01/24/2020
More staff embroiled in Macquarie investigation
Originally, German authorities had indicated their desire to interview up to 30 individuals involved in the deal.
01/24/2020
Dutch government and Rabobank announce anchor investments in AGRI3 Fund
The AGRI3 Fund was created by UN Environment Programme and Rabobank, together with partner IDH and supported by FMO, the Dutch entrepreneurial development bank, to mitigate climate change.
01/24/2020
Gibraltar regulator overhauls management structure
The new and wider management team will continue with the GFSC's stakeholder engagement initiative both locally and internationally to ensure a positive climate for the benefit of Gibraltar's financial services industry.
01/24/2020
Transposition of the Fifth Money Laundering Directive
This consultation ran from 12:15am on 15 April 2019 to 11:59pm on 10 June 2019
01/24/2020
Britain badly prepared for market crash, says Andrew Bailey
New Bank governor warns of fall in asset values
01/24/2020
Global regulation, local solutions by Nausicaa Delfas
The FCA has, along with all other UK authorities, consistently argued for broader and stronger international standards.