05/07/2019
EBRD considers move to extend lending to sub-Saharan Africa
Support builds in EU capitals for more investment to stem migration to Europe
Legal, Regulation & Compliance
05/07/2019
Financial stability post Brexit: risks from global debt - speech by Jon Cunliffe
It is the risks, what could happen, that inform our policy decisions.
05/07/2019
Two Irish banks unwittingly used in huge carbon credit fraud
Both Ulster Bank and BoI have fallen foul before for enforcement failings in other cases
05/06/2019
Free flow of dirty money in the United Kingdom
Analysts and academics argue too much of the money flowing around the UK is the result of crime, corruption and tax dodging.
05/06/2019
Greece unveils bill to help millions who owe tax and pension arrears
He said that about 4.2 million people have unsettled arrears with the tax office, state pension funds and municipalities, including about 80,000 eligible for retirement pensions but unable to receive benefits because of their arrears.
05/06/2019
EIOPA submits advice on Sustainable Finance to the European Commission
In doing so, EIOPA advises to embed carefully sustainability in the delegated regulations under Solvency II and the Insurance Distribution Directive.
05/06/2019
FCA launch the Financial Services Regulatory Partners Phoenixing Group
The Financial Conduct Authority held a round table event with its regulatory partners to build on existing collaboration and launch a working group to tackle the ongoing issue of phoenixing in financial services.
05/03/2019
NAB, UK bank sued over business loans
A spokeswoman for Clydesdale said the bank had yet to receive details of the case.
05/03/2019
ED files money laundering charge sheet against Zakir Naik
Once the court takes cognisance of the charge sheet, the agency will file an application under the Fugitive Economic Offenders Act, 2018 to declare him as a fugitive economic offender, said the official asking not to be named.
05/03/2019
Shareholders ignore governance guidance to reject Schroder heir
Leonie Schroder had been criticised for her lack of City experience
05/03/2019
Baby boomers vs millennials: FCA dives into generation battle
Spotlight on pension, insurance, mortgage and credit inequality
05/03/2019
Netherlands, Germany, Austria preventing euro zone integration
It has become clear to EU citizens that they cannot take the EU for granted and that leaving it could have disastrous consequences."
05/03/2019
Experts welcome FCA’s business plan priorities but say more action needed
The UK’s Financial Conduct Authority has laid out its priorities for the coming year, with Brexit named as its most immediate focus.
05/03/2019
The future of reverse solicitation in the EU in the context of the AIFMD
This flexibility allows promoters to avoid launching projects which would not find favour with investors with the consequent advantage of saving costs and time.
05/03/2019
FCA calls for more flexibility in mortgage market
This required greater flexibility in the mortgage space, the City watchdog stated.
05/02/2019
OT minister wants to avoid BO confrontation
“We do not believe we will get to the stage where we have to get into some sort of confrontation,”
05/02/2019
Next Central Bank governor took aim at ‘harmful’ Irish tax practices
Gabriel Makhlouf is approved by Cabinet as the first non-Irish national to lead the Central Bank in its 76-year history
05/02/2019
Guidance on Aspects in Relation to the Economic- Substance Requirements as Issued by Guernsey, Isle of Man and Jersey
The guidance is principles based and therefore, cannot cover specific scenarios and will not replace the need to take independent professional advice.
05/02/2019
Answering the call to combat financial fraud
For the purveyors of technology-assisted financial crimes, identity, account access, and payment data are the golden keys that open the door to these organizations’ proverbial bank vaults.
05/02/2019
How Guernsey is part of the British financial services family
For 20 years, Guernsey has been at the forefront of developing and meeting evolving global regulatory standards.