07/05/2019
How a German Banker’s Milan Holiday Led to Arrest, U.K. Trial
Hauschild was arrested at his hotel where he was staying with his wife.
Legal, Regulation & Compliance
07/05/2019
Basel Committee assesses members' implementation of the Net Stable Funding Ratio and large exposures framework
The assessments found that the NSFR and LEX regulations in each of these jurisdictions are compliant with the Basel Committee's global standards.
07/05/2019
Danske Whistleblower Claims Bank Sought to ‘Discredit’ Him with Probe: FT
Wilkinson is credited with being the first to disclose an estimated €200 billion in suspicious transactions processed by the unit and tied to high-risk clients in Russia and former Soviet states, according to the FT.
07/05/2019
Mattioli Woods cuts client costs ahead of FCA review
Ian Mattioli, chief executive of Mattioli Woods, said the company had lowered its costs for clients in anticipation of regulatory intervention in the market.
07/04/2019
Two Belfast companies acquired in major deals
Grant Thornton's UK chief executive Dave Dunckley said the group's increased focus on audit, tax and advisory services meant its wealth advisory division would be best served by a business focused solely on the financial advice market.
07/04/2019
Historic Yorkshire law firms merge
All staff are being retained in the merger with the combined total of employees now standing at 223 with 37 partners.
07/04/2019
German prosecutors intensify Deutsche Bank client investigation
The intensified scrutiny of Deutsche Bank, which has said it has no indication of any misconduct, comes at a delicate time as the Frankfurt-based bank seeks to revamp its struggling business and repair a reputation ravaged by a series of scandals
07/04/2019
Ex-UBS chief Andrea Orcel sues Santander for €100m over withdrawn job offer
Mr Orcel, 56, was one of the best-paid bankers in London and was a long-time adviser to the Botín family that is behind the Spanish lender.
07/04/2019
EMMI granted authorisation by Belgian Financial Services and Markets Authority
As a Critical Benchmark Administrator, EMMI has defined and implemented robust governance and control arrangements to ensure EURIBOR’s integrity and reliability.
07/04/2019
Financial education and the Bank of England
Speech given by Ben Broadbent, Deputy Governor Monetary Policy
07/04/2019
A changing landscape: the FCA’s strategic priorities for the pensions sector
Speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy at the FCA, delivered at Pensions and Benefits UK 2019.
07/03/2019
Facebook's Libra cryptocurrency needs deep thought and detail - UK regulator
Facebook will likely face unprecedented regulatory scrutiny over Libra, planned for launch by the end of June 2020.
07/03/2019
France Moves Toward U.S. Model By Endorsing Corporate-Led Investigations
New guidance aligns France more closely with U.S. approach to corporate prosecutions
07/03/2019
Norway FSA fines Santander bank $1 million for anti-money laundering breach
After the problem was solved, it added, Santander backchecked all the transactions that had not been checked in the period and found no violation worth reporting to police.
07/03/2019
Sea change - speech by Mark Carney
Given at the Local Government Association Annual Conference and exhibition, Bournemouth.
07/03/2019
Five mistakes to avoid when implementing an SFTR solution
As firms prepare themselves for impending SFTR reporting requirements, there are some common mistakes they should be careful to avoid.
07/03/2019
Central Bank of Ireland Revamps the Regulatory Framework for Irish UCITS
The Central Bank of Ireland (the "Central Bank") has completed the update of the statutory instrument that forms the basis for the Irish regulatory framework for UCITS.
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.
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.