06/26/2019
Ogier Global acts on purchase of Crewe Toll
Ogier Global have recent experience with a number of major real estate transactions for Korean investors and have developed a comprehensive understanding of Korean structuring requirements.
Legal, Regulation & Compliance
06/26/2019
Ex-UBS compliance officer found guilty of insider trading
Jury finds Fabiana Abdel-Malek and Walid Choucair guilty on three charges; deliberations continue on two other charges
06/26/2019
'Perfect storm' blamed for scandals like London Capital Finance
Randell defended the FCA’s record
06/25/2019
Obligatory registration of UBO’s in the Netherlands from 2020: an overview of the proposal
The data will be centralised in a ‘UBO register.
06/25/2019
Money laundering and terrorist financing controls in overseas jurisdictions – advisory notice
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs 2017) require the UK regulated sector to apply enhanced customer due diligence to high-risk countries.
06/25/2019
Joint statement on opportunistic strategies in the credit derivatives markets
These opportunistic strategies raise various issues under securities, derivatives, conduct and antifraud laws, as well as public policy concerns.
06/25/2019
FATF 'will not allow cryptocurrency to replace secret numbered accounts'
Finance ministers and Central Bank Governors at the G20 meeting in Japan welcomed the FATF's guidance, which they had themselves demanded last year.
06/25/2019
Malta to Register All Property Rental Contracts on Blockchain
Malta has established itself as a blockchain and digital currency-friendly country, and has become known as a “blockchain island.”
06/25/2019
The Crown Estate annual reports and accounts
This collection brings together The Crown Estate’s main annual reports and accounts since integrated reporting was introducing in 2012-13.
06/25/2019
Ex-Morgan Stanley Banker Wins $1.6 Million Bonus in Lawsuit
He now heads investment banking in France for Bank of America
06/25/2019
Financial industry welcomes public registers move by Guernsey but Westminster wants more
The transition should not bring any disruption to the financial sector operating in the jurisdiction.
06/25/2019
Investment Bank Chief Garth Ritchie Defies Gravity at Deutsche Bank
Division has lost one-third of revenue under his leadership
06/25/2019
Consumer Panel research makes case for automatic upgrades
The recent super-complaint from Citizens Advice raised concerns about long term customers paying more for goods and services, which it referred to as ‘the loyalty penalty’.
06/24/2019
Luxembourg-Based Fund Maor Closes First Israel-Focused Fund
Maor’s mission is to explore and invest in the leading technology ecosystem of Israel while bridging the gap between Europe and Israel.
06/24/2019
U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal - FT
Reuters reported earlier this month that Deutsche Bank was planning to overhaul its trading operations by creating a so-called “bad bank” to hold tens of billions of euros of non-core assets.
06/24/2019
Central Bankers From Britain, France And Germany Want Scrutiny on Facebook For Libra Cryptocurrency
Global central bankers have so far largely refrained from regulating digital currencies, having failed last year to reach an agreement on how to do so and concluding they were too small to pose a risk to the financial system.
06/24/2019
Regulator gave banker key role in RBS scandal inquiry
In what a victims’ representative called the “blind leading the blind”, Rene Poisson, a former JP Morgan managing director, was hired as a third-party consultant by the City regulator to help to oversee an inquiry into the treatment of s
06/24/2019
Lloyds freezes 8,000 offshore Jersey accounts in dirty money push
UK lender spent three years asking clients for personal information under new rules
06/24/2019
Dentons launches Sustainable Investment practice in Europe
The group will also advise on the use of sustainable finance instruments and fund structures – such as green bonds, which make financing contingent on achieving certain environmental goals, or pay-for-success instruments, which are used to fund proj
06/24/2019
Big tech in finance: opportunities and risks
The role of big techs in finance raises issues that go beyond traditional financial risks, according to the BIS.