07/02/2019
600.000 Reasons To Hide After Embezzling Clients In Monaco
Confident in his ability to hide from justice the Italian’s lawyer did not even show up to appeal the 18 month jail sentence.
Legal, Regulation & Compliance
07/02/2019
FCA confirms permanent restrictions on the sale of CFDs and CFD-like options to retail consumers
Following consultation feedback, the Financial Conduct Authority (FCA) is confirming new rules restricting the sale, marketing and distribution of CFDs and CFD-like options to retail customers.
07/02/2019
Category 2 status in Gibraltar
The jurisdiction benefits from an expansive economy with globally recognised businesses operating within industries such as gaming, shipping and property.
07/02/2019
Brits retired in Malta must check their adviser is registered
Otherwise, under regulation changes, they won’t be able to keep receiving financial advice
07/02/2019
Is the EU sending a message to Britain at Switzerland’s expense?
Switzerland blocks its listed stocks from being traded in the EU
07/02/2019
Ex-Barclays Euribor trader takes UK to European Court of Human Rights
He was sentenced alongside compatriot Christian Bittar, a former Deutsche Bank trader, who had pleaded guilty before the trial began.
07/02/2019
Polish Banks Warn of $16 Billion Risk From EU Ruling, Puls Says
The issue of how to deal with Poland’s $32 billion of non-zloty loans, mostly denominated in Swiss francs, has repeatedly battered the country’s bank stocks.
07/01/2019
India slips to 74th place on Swiss money list; UK remains on top
By comparison, the top-ranked UK accounted for more than 26 per cent of the total foreign funds parked with Swiss banks at the end of 2018.
07/01/2019
FCA response to European Banking Authority’s Opinion on Strong Customer Authentication
The EBA has published an Opinion on Strong Customer Authentication under PSD2.
07/01/2019
Euro Cyber Resilience Board for pan-European Financial Infrastructures
Six months have passed since our last meeting in December, during which time, all of us – whether on behalf of a public or private financial infrastructure, a supervisor or an overseer – have been busy enhancing the cyber resilience of our res
07/01/2019
Capital markets union: Council sets its position on easier access to crowdfunding platforms
The proposal also increases legal certainty by harmonising investor protection rules.
07/01/2019
Consortium bids £6bn for Alton Towers owner Merlin
Legoland, London Eye and Madame Tussauds will be taken over by group led by Lego owners
07/01/2019
Change of rules in state pension could lead MILLIONS of bereaved to poverty
MILLIONS of bereaved pensioners could be left facing poverty because of a little-known state pension rule.
07/01/2019
StanChart, HSBC focus more on European Union to help clients
The loss of some EU market access for British financial firms resulting from Brexit means many large companies that have traditionally run all their European finances from London, now need a bank that can help them operate between multiple hubs.
07/01/2019
BIS to set up Innovation Hub for central banks
The role of the Hub will be to identify and develop in-depth insights into critical trends in technology
07/01/2019
Jeremy Hunt could refuse to pay part of UK’s £39bn Brexit bill
Hunt added, “We will know by the beginning of October if it’s going to be possible to negotiate a deal that we are going to be able to get through the House of Commons.
07/01/2019
Time to ignite all engines, BIS says in its Annual Economic Report
In its flagship economic report, the BIS calls for a better balance between monetary policy, structural reforms, fiscal policy and macroprudential measures.
07/01/2019
G20 summit - Merian Global Investors fund managers' commentary
Global markets have immediately reacted positively to the signs of thawing in the relationship, with emerging markets and cyclical stocks the principal beneficiaries.
06/30/2019
Switzerland-EU partnership row facing deadline
Switzerland, last week announced a "protective" plan — set to take effect on Monday — that would bar EU exchanges from trading in certain Swiss shares.
06/28/2019
EU ‘welcomes’ economic substance amendment
The Economic Substance Amendment Act 2019 was tabled and passed by MPs last Friday and senators followed suit yesterday.