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Legal, Regulation & Compliance

08/19/2019

Germany may ease fiscal policy but (unfortunately) not now – Danske Bank

Unfortunately, the fact that Scholz says a package is not imminent also highlights the time lag problem with fiscal policy: It takes time for politicians to recognize the need for fiscal easing and vote in favor of a specific package, and hence when it ha

08/19/2019

Ex-Barclays Wealth boss says bank 'scapegoated' him after FCA ban lifted

Andrew Tinney slammed the bank on Friday, following the reversal of the Financial Conduct Authority’s decision to pursue a ban against him.

08/19/2019

Carey Olsen supports Apeiron on sale of prime London student housing accommodation

Working alongside UK counsel Mishcon de Reya, the Carey Olsen team advising Apeiron on the sale of Poland House was led by partner David Crosland, assisted by senior associate Vicky La.

08/19/2019

Named and shamed: The implications of appearing on the EU's sanctions list

The sanctions list represents a vital component of the EU's aim to implement a unified and autonomous foreign policy

08/19/2019

Exceptions to worldwide freezing orders: English High Court confirms it is not for the Court to second-guess directors

The plaintiff objected on the basis that the proposed payment was really an alleged scheme concocted between the respondent and the developer

08/19/2019

CSSF opens online portal for mandatory notifications in relation to Brexit

Any date indicated in the "Brexit Notification" forms is based on the assumption of a withdrawal of the United Kingdom from the European Union without the conclusion of a withdrawal agreement (no-deal Brexit) occurring on 31 October 2019.

08/19/2019

Fitness and Probity in the Central Bank of Ireland's Crosshairs

Throughout 2019, the Central Bank of Ireland has been turning up the dial on the need for Regulated Financial Service Providers to adhere to its fitness and probity regime.

08/18/2019

Standard Chartered faces £10m Treasury fine

The Office of Financial Sanctions Implementation has notified the Liverpool FC sponsor of the proposed fine, Sky News learns.

08/18/2019

Brussels plans to revive money laundering blacklist

Previous bid to name non-EU countries ran into diplomatic row with accused countries

08/16/2019

HMRC waives fines as 120,000 self-employed workers miss digital tax deadline

In total, 1.2 million businesses will be forced to comply with the new regime.

08/16/2019

Russian court puts French investor under house arrests

The criminal case against Baring Vostok, one of Russia’s oldest foreign private equity firms, has sent shockwaves through the Moscow business community

08/16/2019

European Central Bank Breach: ECB Confirms Hack And Shuts Down Website

"The BIRD website provides the banking industry with details on how to produce statistical and supervisory reports," the ECB statement said, "it is physically separate from any other external and internal ECB systems."

08/16/2019

Moscow Court Transfers French Banker To House Arrest

They all deny any wrongdoing and say the case is being used against them in a corporate dispute over the control of a Russian bank.

08/16/2019

Tribunal overturns FCA ban on 'reckless' Barclays Wealth exec

The FCA also alleged that Mr Tinney made false or misleading statements to his colleagues in a response to the US Federal Reserve Bank of New York in November 2012 about the same document.

08/16/2019

Sabbaticals – getting it right for both employer and employee

Three months is often the maximum for formal schemes but there may be other occasions where longer would be appropriate, eg for a career break.

08/16/2019

Milbank Advises Berenberg on Financing of Biotest AG

The company specializes in clinical immunology, hematology, intensive care and emergency medicine.

08/15/2019

2019 Banking Industry Outlook

Optimism for banking and capital markets

08/15/2019

ECB warns UK-based banks on Brexit preparations

The slow move came due to Brexit date postponements.

08/15/2019

Ailing Banks Expose Fault Lines in Europe

European Union policy makers woke up to those problems after the crisis,

08/15/2019

Carey Olsen and JTC support upcoming launch of Criptyque's Jersey cryptocurrency exchange

The team behind Criptyque continues to build a secure and private ecosystem and, in addition to PryvateX

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