05/10/2019
Can you Keep a Secret? Publishing the Identity of Ultimate Beneficial Owners
The UK Government is now turning its attention to the hotly debated issue of UBO transparency in British Overseas Territories and Crown Dependencies.
Legal, Regulation & Compliance
05/10/2019
Mada Capital signs for Profile Software Axia
MADA Capital is a financial group based in Dubai, providing financial services and advisory including asset management, fund management and growing wealth for individuals, family offices and institutional investors through tailor-made solutions and global
05/10/2019
FCA fines five directors over pension transfer failures
The Financial Conduct Authority (FCA) has today published Decision Notices in respect of three firms (Financial Page Ltd, Henderson Carter Associates Limited and Bank House Investment Management Limited) and five individuals (Andrew Page, Thomas Ward, Aid
05/09/2019
Property slowdown a risk for emerging markets
The weakness isn’t universal with China’s real estate market showing signs of green shoots again, while low rates have supported Poland’s real-estate market.
05/09/2019
Financial conduct regulation in a restless world
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at the Deloitte conduct risk roadshow 2019, London.
05/09/2019
Strike Out Applications: The Perils of Putting the Cart Before the Horse
In applying the above principles, the CICA formed the view that the Petitioner's complaints were more wide-ranging than the Judge had found
05/09/2019
JPMorgan, Citi said to face EU fines over currency collusion
Barclays, HSBC Holdings and UBS Group are also among a group of banks that the commission has been investigating for nearly five years, lagging behind US, the UK and Switzerland who have issued about US$10 billion in penalties.
05/09/2019
Resilience and innovation in post-trade by Dave Ramsden
I’m going to focus on technological developments and also resilience, two themes which resonate with my responsibilities at the Bank and my priorities for 2019.
05/09/2019
UKRN encourages policy makers to use Power of Attorney guide
The Power of Attorney guide aims to help organisations understand what the law requires of them when dealing with powers of attorney.
05/09/2019
Ogier advises on all cash offer for London-listed Lenta Limited
Ogier advised Lenta on its initial public offering on LSE in 2014, which made it the largest listed BVI company at that time, and has continued to advise the company since then.
05/09/2019
KPMG fined £5m over Co-operative Bank audit
KPMG will pay £4m after agreeing to a settlement.
05/09/2019
CaixaBank earmarks up to €890m for Spain-based lay-offs
Lender plans to let go of up to 6 per cent of Spanish workforce
05/09/2019
Banking platform Tink announces partnership with Natwest
The agreement will give NatWest access to Tink’s Personal Finance Management (PFM) and Data Enrichment products that will be integrated into NatWest’s core mobile banking app.
05/09/2019
Borders Council caught in tax haven payments scandal
The Cayman Islands connection came about because the estate is owned by two companies registered in the Caribbean tax haven.
05/08/2019
Guernsey, Isle of Man, Jersey publish tax guidance on economic substance
All companies with activities and income these sectors must demonstrate that they have adequate substance in the country and must meet reporting requirements.
05/08/2019
UK company register eyes more powers to fight fraud
Amid criticism it is imposing public beneficial ownership registers on overseas territories
05/08/2019
How the International Monetary Fund is waking up to the financial risks of the climate crisis
The paper stresses that mitigation instruments other than carbon taxes can have an important role if, for example, higher fuel prices are politically difficult or have limited impacts in countries that do not consume coal.
05/08/2019
Danish Bank Executive Charged In Russia-Linked Money-Laundering Scandal
Danish regulators say the transactions involved nonresident accounts and that up to 35 percent of them were Russian.
05/08/2019
Is all economics local? - speech by Andy Haldane
I want to explore these questions, tentatively and provisionally, first by drawing some simple maps of the economy at different spatial resolutions.
05/08/2019
Resilience and innovation in post-trade - speech by Dave Ramsden
Many firms operate on legacy post-trade systems and technologies that require a lot of maintenance and upkeep, but are critical for the firm in its daily operations.