09/08/2019
Whistleblower says bank has blood on its hands: RAF veteran claims Standard Chartered helped Iran terrorists, ahead of court battle
RAF veteran claims Standard Chartered helped Iran terrorists
Legal, Regulation & Compliance
09/08/2019
UK Golden Visas snapped up by wealthy Hongkongers at unprecedented rate
Despite Brexit, 13 straight weekends of civil unrest in Hong Kong have prompted the region’s high net worth individuals to join their Mainland counterparts in buying their way into UK residency
09/06/2019
Phishing Attacks Exploit New Online Security Checks in EU, UK
To capitalize on this trend, attackers are targeting banking customers with fraudulent SCA messages.
09/06/2019
Christine Lagarde urges ‘greening’ of EU monetary policy
She was appearing before a packed meeting of Parliament’s Committee on Economic and Monetary Affairs which subsequently backed her nomination.
09/06/2019
FCA new webpage on the transition from LIBOR
SONIA offers a robust alternative to LIBOR.
09/06/2019
Stress tests and the countercyclical capital buffer: the U.K. experience
Speech given by Donald Kohn, Member of the Financial Policy Committee
09/06/2019
EBA Chair Calls for More EU Action on Money Laundering
“A move from a directive to a regulation-based framework would help address such divergences and is arguably a perquisite to more centralisation, if so desired,” he told MEPs.
09/06/2019
Money-laundering scandals spark new risk retrenchment
As Europe’s financial conduct authorities get tougher, banks will be even less likely to support trade between the EU and states that are small and poor.
09/06/2019
$11 Billion German Tax Scandal Probed by EU Bank Watchdog
The London-based regulator is coordinating its efforts with the European Union’s markets watchdog ESMA.
09/06/2019
Firm fined for REMIT breach
Ofgem launched an investigation which found that EGM had engaged in a type of market manipulation called ‘spoofing’ over a three month period between June and August 2016.
09/06/2019
U.S. congressional probe finds possible lapses in Deutsche Bank controls - sources
The House of Representatives Financial Services Committee declined to comment.
09/06/2019
ESMA publishes stress simulation framework for investment funds
The resilience of the fund sector is of growing importance as it accounts for an increasing part of the EU financial system.
09/06/2019
CSSF’s eDesk portal available for the mandatory notification in the context of Brexit
Any date indicated in the Brexit Notification forms is based on the assumption of a no-deal Brexit occurring on 31 October 2019.
09/06/2019
Shoosmiths extends Scottish footprint with opening of Glasgow hub
The hub is based within the Spaces development on West Regent Street in Glasgow city centre.
09/06/2019
Maltese financial services firms face potential fee hike
As regulator looks to reduce its dependence on government funding
09/05/2019
Deutsche Bank CEO Sewing calls on German gov't to increase investment
Sewing also criticized the policy of the European Central Bank and warned that "in the long run, these low interest rates will ruin the financial system."
09/05/2019
Pioneer Award: Banque de France
During its first few years of operation, Le Lab has collaborated closely with several firms, including start-ups and big tech companies, to test new ideas and solutions.
09/05/2019
British bankers on trial in Germany charged with €447m fraud
UK pair accused of defrauding German state through ‘cum-ex’ share trading scheme
09/05/2019
Financial services firms in Malta to be put on notice
As regulator looks to mimic the UK’s financial crime agency
09/05/2019
Christie’s expert hunts for stolen millions in lawsuit against Bank of Valletta
International art expert holds BOV responsible for lack of due diligence after stolen milllions passed through companies set up by auditor Joe Sammut in alleged ‘Gaddafi’ ruse