11/15/2019
FSB eighth report on implementation of resolution reforms
The FSB also conducts outreach with approximately 70 other jurisdictions through its six Regional Consultative Groups.
Legal, Regulation & Compliance
11/15/2019
SJP will have to cut charges, says £10m investor
She said: "Hands on the table, we’ve had debates on that. We do have slightly different views and we do debate it quite a lot.”
11/15/2019
Solvency II: PRA policy statement on maintenance of TMTP
The policy set out in this PS has been designed in the context of the current UK and EU regulatory framework.
11/15/2019
Failed wealth manager owes HMRC almost £800,000
Leonard Curtis is currently in the process of deciding which broker this will be, with more than 100 companies originally interested in the SVS clients.
11/15/2019
Migros Invests in Swiss Fintech Startup B-Sharpe
Strengthened by a shared vision, Migros Geneva and b-sharpe believed in the powerful synergies bringing together the historic and well-established activity of one company and the digital skills and expertise of the other.
11/14/2019
Rebel Libyan central bank issues more Russian-printed notes
The notes were contained in two large shipping containers on a vessel which docked in Malta.
11/14/2019
France Supports European Bank Mergers Before Key Meeting
‘It’s important that Europe takes stock of its power,’ he says
11/14/2019
Nutmeg and Goldman Sachs partner up for Isa launch
Nutmeg still makes losses as a brand, but is continuing to evolve as a business.
11/14/2019
Ex-footballers sue St James’s Place over tax schemes
The rules were changed a decade later after concerns that the schemes were being abused.
11/14/2019
Jersey’s Beneficial Ownership Register Cited in FATF Best Practice Guide
The Financial Action Task Force report identifies challenges facing countries such as ensuring the beneficial owners of companies are identified and what key features an effective regime should have.
11/14/2019
Scottish Widows in ‘data breach’ over wrong letters
The error arose when the employee was completing the same task for two different customers at the same time.
11/13/2019
UK employers' hiring plans lift off 18-month low: CIPD
Low unemployment and solid wage growth have helped cushion the economy while businesses have cut investment due to the U.S.-China trade war and Brexit uncertainty.
11/13/2019
Morning Coffee: Shock as senior ex-Deutsche and Nomura bankers get preliminary jail sentences; Iqbal Khan's plan for UBS
Equally significant is the seniority of the ex-Deutsche and ex-Nomura bankers involved.
11/13/2019
Andersen Global Announces First Collaboration in Croatia
This collaboration will allow us to take our client service to the next level and expand our footprint more broadly. We are excited to work closely with our Andersen Global colleagues regionally as well as internationally.
11/13/2019
EU Exit: PRA statement on ACPR response to EIOPA recommendations for insurance sector
The French regulator, Autorité de contrôle prudentiel et de résolution (ACPR), has indicated in its response that it does not intend to comply with EIOPA’s Recommendation 6
11/13/2019
Corporate Investigations - Keeping Your Cards Close to Your Chest
The company appealed.
11/13/2019
Trust punch ups
Litigation has seen a sharp rise since the credit crunch with beneficiaries questioning their trustees and investment consultants providing context to UHNW clients on investment returns.
11/13/2019
Jersey structures for philanthropy
Philanthropy is important for many families, with increasing numbers establishing new structures to support particular altruistic causes that they identify with, whether those causes are technically charitable or not.
11/13/2019
Pubs, Privilege and Improper Purposes
Shell argued that both the conversation in the pub and the email were subject to legal professional privilege and could not be relied upon by Mr Curless.
11/13/2019
Jersey: Fit for the future
The collective strength of Jersey’s legal profession – its skills, its responsiveness, its tenacity, its expertise and its experience – cannot be underestimated.