10/22/2019
FSCS cannot find evidence for claims against Sipp provider
The FSCS said that without this evidence it was difficult to know if there were valid claims.
Legal, Regulation & Compliance
10/22/2019
UBS, authorities eye client overcharges in Singapore and Hong Kong
UBS expects the relevant authorities will subject UBS to reprimands and fines as a result of their investigations," it said, noting that it had identified and reported the instances related to transactions between 2008 and 2015.
10/22/2019
Regulation in a changing world Speech by Christopher Woolard
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the City of London / Cicero event on Future of Regulation.
10/22/2019
Smaller advice and wealth firms should report gender pay gap
Bank of England chief economist Andy Haldane has said extending reporting to companies with more than 30 employees would 'tackle the pay gap comprehensively'
10/22/2019
Esma And Australian Securities And Investments Commission Cooperate Benchmarks
The EU Benchmarks Regulation prescribes a European common framework to ensure the integrity and accuracy of benchmarks used in the EU.
10/22/2019
Understanding pay gaps - speech by Andy Haldane
Given at the joint Bank of England, Federal Reserve Bank and European Central Bank conference on Gender and Career Progression
10/22/2019
London-based bankers charged with insider trading
Two new indictments come days after similar accusation against a Goldman Sachs banker
10/22/2019
JCRA director Chris Towner - Sterling - what next?
To win here he will need to convince MPs not only that this is the best resolution, but that it is the only one possible.
10/21/2019
London’s Battersea Power Station to showcase its iconic development at Cityscape Qatar
Historically, London has been an attractive investment destination for Qatari investors due to its tax incentives and legislation that encourage foreign investment.
10/21/2019
British billionaire who has given up to £200,000 to Extinction Rebellion 'has £630m stake in owners of Heathrow airport'
He also has a major holding in the owners of Heathrow Airport, Ferrovial
10/21/2019
ECB– A Lost Central Bank
The whole thing can be year-old disputes that have finally surfaced, though it is an unusual debate surrounding a central bank, which will get attention from the financial markets.
10/21/2019
Pressure grows on regulators to reform fund management industry in wake of Woodford scandal
He warned that a “fire is breaking out” in the sector because of what he described as “dodgy electrics” – or a weak regulatory framework.
10/21/2019
Linklaters advises the Joint Lead Managers on Europe’s first ever general purpose SDG linked bond
ENEL reported that the bond, Europe’s first general purpose SDG-linked bond issue, was almost four times oversubscribed and that total orders stood at about 10 billion euros, with the substantial participation of socially responsible investors.
10/21/2019
Linklaters advised the banks’ syndicate on the Tikehau Capital bond issue of an aggregate amount
The proceeds of this issue will be used for Tikehau Capital’s general corporate purposes and the Group also reserves the option of repaying existing credit facilities.
10/21/2019
Amundi CIO Blanqué warns ‘ingredients’ of liquidity crisis across fund management
Pascal Blanqué said search for yield and liqudity mismatches a significant risk
10/21/2019
StanChart’s Bill Winters set to take pay cut
Chief executive seeks to draw line under pension allowance dispute
10/18/2019
Isle of Man VAT Report Published
The Isle of Man Government invited HM Treasury to carry out a review of its VAT rules
10/18/2019
FCA sues Park First and directors amid fears for £230 million of investors' money
A total of 4500 largely elderly investors put money into the scheme, many of whom also lost money with London Capital & Finance.
10/18/2019
Ex-RBS Trader Ruined in Film Scam Keeps $4 Million London Home for Now
Walsh said Greystone also submitted false documentation to the tax authorities on his behalf.
10/18/2019
Barclays’ Jenkins was London’s ‘Great Rainmaker,’ Lawyer Says
Jenkins and Boath, along with another former bank executive, Tom Kalaris, are on trial for allegedly failing to disclose approximately 322 million pounds in investment fees paid to Qatar