04/26/2019
GAM under fresh criticism over pay policies despite overhaul
Institutional Shareholder Services voicing new concerns
Legal, Regulation & Compliance
04/25/2019
Ex-UBS Official Shared Giant Champagne Bottles at Trader’s Club
Choucair, Abdel-Malek on trial for insider trading in London
04/25/2019
Auditors on collapsed firm London Capital & Finance questioned
The UK watchdog is facing fresh questions over its handling of London Capital & Finance after it emerged that it authorised the investment firm even though it was linked to a company that the watchdog had already censured, The Times reports.
04/25/2019
Glasgow man Richard Cusick jailed for £190K tax fraud
Instead of coming clean and admitting the fraud, Cusick submitted more false repayment claims.
04/25/2019
Luxembourg Securitisation market feels impact of ATAD 1 Interest Limitation Rule
In a nutshell, the rule means that securitisation vehicles (SVs) with a main source of income through capital gains, non-performing loans and so on, may not be able to achieve tax neutrality which is a standard for all such vehicles.
04/24/2019
Europe 2020: UK National Reform Programme
This collection contains details of the UK's annual structural reform plans as part of the Europe 2020 strategy for sustainable economic growth.
04/24/2019
‘No Money,’ ‘No Motive:’ Case Against Ex-UBS Officer Called Weak
Choucair lawyer says that his client wasn’t target of FCA
04/24/2019
Schroders faces investor backlash over family appointment
Glass Lewis also told investors to block the re-election of Michael Dobson as chair, who with responsibility for the board make-up, 'should be held accountable for this failure'.
04/24/2019
Financial Conduct Authority (FCA) publishes feedback statement on Duty of Care
This will form an important part of the FCA’s Business Plan priority for 2019/20 to consider the future of regulation following the FCA’s Mission and as the UK leaves the EU.
04/24/2019
The future of financial conduct regulation
Speech by Andrew Bailey, Chief Executive of the FCA, on the the future of financial conduct regulation, delivered at Bloomberg, London.
04/24/2019
Innovative Guernsey songs fund beats £100 million fundraising target
The placing was oversubscribed in record time and attracted approximately £141.5 million.
04/24/2019
Guernsey lifts suspension on two of Neil Woodford's unquoted stocks
A smaller listing of shares in early stage investor Ombu, held largely by Woodford and his previous employer Invesco, also had its dealing suspension lifted at the same time.
04/24/2019
FCA feedback statement on duty of care
The FCA will publish a further paper in autumn 2019 seeking detailed views on specific options for change.
04/24/2019
Competition Intensifies to Court Hamburg’s Old Money
Companies are also attracted by foundations based in Hamburg
04/24/2019
UK Convergence Programme
This document contains details of the annual UK’s economic and fiscal situation and forecasts as required by the European Union.This document contains details of the annual UK’s economic and fiscal situation and forecasts as required by the Eu
04/23/2019
Luxembourg, UN Environment sign deal to accelerate sustainable finance
Home to Europe’s largest investment fund center with a 62 per cent global market share in cross-border funds, along with136 international banks from 29 countries and over 35,000 listed tradable securities, Luxembourg is today one of the world’
04/23/2019
Inflation Slowdown Is Again Stalking Sweden's Central Bank
Just a few months ago, they raised rates for the first time in seven years
04/23/2019
FCA data show 5% drop in complaints in the second half of 2018
The Financial Conduct Authority has published the complaints figures for regulated firms for the second half of 2018.
04/23/2019
LME launches consultation on the introduction of responsible sourcing standards across all listed brands
These rules build on the strong engagement with market stakeholders to the LME’s October 2018 position paper
04/23/2019
Sanlam UK signs discretionary funds management agreement with VAM
Each of the three VAM discretionary funds is designed to suit a specific investor preference and risk profile.