07/15/2019
Esma fines Regis-TR EUR56K for data access failures
This is a key requirement to improve transparency and facilitate the monitoring of systemic risks in the derivatives markets.
Legal, Regulation & Compliance
07/15/2019
Vatican mystery: Bones discovered in case of missing daughter of Vatican Bank employee
The Vatican said their bodies may have been moved during a restoration in the 1960s and 1970s.
07/14/2019
ESMA Updates thr ESEF Reporting Manual
ESMA will continue to monitor relevant markets developments and gather feedback on issues frequently encountered.
07/14/2019
ESMA publishes report on the licencing of FinTech firms across Europe test
The Report addresses one of the five action points of the European Commission FinTech Action plan, namely ESMA’s mandate ‘to map current authorising and licensing approaches for innovative FinTech business models in Europe’.
07/13/2019
DLA Piper advises IMF Bentham on new USD500 million fund
Fund 5 has been established as a Cayman Islands exempted limited partnership, with IMF Bentham and its related entities providing investment management and advisory services.
07/12/2019
Facilitating cross-border distribution of investment funds | European Parliament backs proposals including new pre-marketing rules
The rules significantly narrow the scope of reverse solicitation, as any subscription by an investor into the AIF within 18 months of the pre-marketing would be deemed to have arisen as a result of AIFMD marketing
07/12/2019
FCA Business Plan 2019/20 | Funds Focus
These bring industry benefits, but also cause oversight problems and have the potential to threaten stability and resilience across the sector.
07/12/2019
Funds and Investment Management Update-Ireland and Luxembourg-Q2 2019
Welcome to the first of our extended Funds & Investment Management quarterly updates which considers recent legal, regulatory, tax and listing developments in both Ireland and Luxembourg.
07/12/2019
FPC Financial Stability Report and Record
The Financial Stability Report and Record set out our Financial Policy Committee's view on the stability of the UK financial system and what it is doing to remove or reduce any risks to it.
07/12/2019
Northern Ireland's economy is on back foot as Brexit bites
NI's economy has shown the most concerning signs yet that Brexit is damaging business
07/12/2019
FCA multi-firm review on retail banking BCP
We also assessed how firms are considering consumer harm and the proactive steps taken to identify and remediate.
07/12/2019
HSBC agrees to extend redress scheme for customers impacted by historical debt collection practices
HSBC has voluntarily agreed to extend its redress scheme for customers who may have lost out by paying an unreasonable debt collection charge imposed by HFC Bank Ltd (HFC) and John Lewis Financial Services Limited (JLFS), the Financial Conduct Authority (
07/12/2019
Fugitive Jeweler Convicted of Money Laundering in U.K.
The criminal property laundered was £1.5 million representing the proceeds of a conspiracy to insider deal by Martyn Dodgson and Andrew Hind. Mr Baldwin used off-shore companies, bank accounts and false invoices to effect his money laundering.
07/12/2019
Residency and Cat 2 in Gibraltar
Only individuals not currently resident in Gibraltar and who have not been resident in any of the previous five years of assessment may apply for a Qualifying Certificate.
07/12/2019
Updated guide on the insurability of GDPR fines across Europe
Boardrooms are understandably concerned about the scale of fines imposed following the introduction of GDPR last year.
07/12/2019
Linklaters partners bag £1.7m (but it’s less than at Freshfields)
Profits at Linklaters were also higher than those at Freshfields, hitting £751 million compared with £688 million at the Anglo-German practice.
07/12/2019
Uría Menéndez and Linklaters advise on Abanca-Crédit Agricole alliance
Uría Menéndez and Linklaters advised Abanca and Crédit Agricole Assurances on the creation of an insurance sector joint venture that will operate in Spain and Portugal.
07/12/2019
DLA Piper advises Jaja Finance on its £530m acquisition of Bank of Ireland’s UK credit card business
We are delighted to have advised Jaja Finance on this significant transaction
07/11/2019
FCA new measure of market cleanliness ATV
Developing additional measures of market cleanliness helps us monitor and assess the effectiveness of our regulatory work on market integrity.
07/11/2019
Understanding Inflation: Expectations and Reality
Given at the Ronald Tress Memorial Lecture, Birkbeck University of London.