06/12/2019
UK Lawmakers Call for Urgent Fix to ‘Incoherent’ Sanctions Policy
“The government has spent the last two years running as fast as it can just to stay in the same place,” the MPs said.
Legal, Regulation & Compliance
06/12/2019
FCA Outlines Risks of Money Laundering to Capital Markets
The review noted that, between April 2017 and March 2018, capital markets firms filed only 324 suspicious activity reports (SARs) of the more than 460,000 reports submitted to the UK National Crime Agency.
06/12/2019
Conduct Risk - Is Your Framework Compatible with the FCA's Agenda?
The FCA launched the 5 Conduct Questions Programme in 2015, initially as a Supervisory tool for the Wholesale Banking sector
06/11/2019
FCA reviews money laundering risks in the capital markets
We sought information to enhance our view of these risks and vulnerabilities.
06/11/2019
Principles for Exiting a Customer - FCA
If consumers or firms are told that they cannot be banked, then they need to know why and how they might move forward.
06/11/2019
The Judicial Review 'Filter' and need for Open Justice
Such paralysis would clearly be contrary to efficient public administration.
06/11/2019
Kennedys increases footprint in Chile with six-strong team
The team acts for Chile’s largest insurers and reinsurers, as well as international insurers, reinsurers and corporates.
06/11/2019
Fund Finance in Luxembourg: the essentials
The result is an attractive, secure legal framework that works strongly to the benefit of secured finance parties in transactions involving Luxembourg obligor corporate and fund structures granting security and, consequently, fund promoters seeking invest
06/11/2019
FMS.next has been enhanced to support PSD2 and Open Banking requirements
The solution comes with a preloaded set of APIs to cover requirements of directives, implementing all necessary security mechanisms for authentication and consent management.
06/10/2019
Named: British men ‘linked to spies, terrorists, sheikhs and £8bn fraud’
HMRC is accused of missing chances to catch a gang that defrauded taxpayers around Europe and may have helped fund al-Qaeda
06/10/2019
Super rich Scottish landowners rake in millions in EU subsidies paid for by taxpayers
A Sunday Mail investigation has revealed the incredible sums being handed over to multi-millionaires including the Duke of Buccleuch and a top Tory donor.
06/10/2019
UBS switches stance with plan to offer $113 million tax settlement in Italy
French authorities had initially discussed a penalty of 40 – 100 million euros, provided the bank admit guilt.
06/10/2019
IOSCO Publishes Recommendations on Sustainable Finance
The report explores the trends and challenges that influence the development of sustainable finance in emerging capital markets.
06/10/2019
Here We Go Again by Gary Dugan
Mario Draghi said that the Council' would use all instruments at its disposal' including a rate cut if necessary.
06/10/2019
LME progresses plans to provide pricing solutions for the lithium industry
The LME is uniquely positioned to develop pricing solutions for the lithium market and will spend the coming months jointly promoting the industry’s transition towards reference pricing.
06/09/2019
FCA final rules on overdraft market reform
A summary of the FCA overdraft proposals consumer research report has also been published.
06/09/2019
Boris Johnson threatens to hold back Brexit ‘divorce’ payment to force a deal
Pledge comes as James Brokenshire backs former foreign secretary, while Ruth Davidson endorses Sajid Javid
06/08/2019
Hargreaves Lansdown boss Chris Hill says sorry to clients for Neil Woodford mess
Mark Dampier, head of research at Hargreaves and one of Woodford’s loudest cheerleaders, cashed in £600,000 of shares in the company last month. His wife, Annette, sold £5m.
06/07/2019
FCA near final and final securitisation rules
The BoE will be releasing a report shortly on these issues.
06/07/2019
TISE clarification of FCA statement re LF Woodford Equity Income Fund
The International Stock Exchange Group and its subsidiary The International Stock Exchange Authority, wish to ensure that there is no lack of clarity in this situation.