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.
Legal, Regulation & Compliance
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.
05/08/2019
FCA told to compensate over 'seriously inaccurate' register
The consumer lost the entirety of the investment and sought compensation from the FCA
05/08/2019
StanChart Faces Potential Investor Revolt Over CEO Pay
Shareholders are set to vote on StanChart's 2019 pay policy at the lender's annual shareholder meeting in London.
05/08/2019
Conference told detailed record-keeping is a key ingredient of compliance with new economic substance requirements
The expectation is that the island's regulated corporate and trust service providers should be able comfortably to meet the requirements as they reflect the professional standards expected under applicable codes of conduct.
05/08/2019
Carey Olsen advises on £60 million commercial property sale
The purchase also underlines the continued attractiveness of Guernsey's property market as an investment opportunity.
05/08/2019
Reviewing financial advice
The Financial Conduct Authority has long been aware of that and its relatively ancient Retail Distribution Review and Financial Advice Market Review were signs that it was stumbling towards solutions.
05/08/2019
Hackers steal almost £31m in Bitcoin
All withdrawals and deposits are suspended whilst the review is being carried out, it is expected to take a week.
05/08/2019
KPMG fined £5m over Co-Op Bank audit by watchdog
The FRC said KMPG and Walker failed in obtaining the appropriate audit evidence, they failed to exercise sufficient professional scepticism.
05/08/2019
FRCC report on inaccuracy of Register entries
You believe the FCA is responsible for your losses and should compensate you.
05/07/2019
Lax Oversight of Corporate Register Undermines UK Transparency: Watchdog
Continued foot dragging by Government will only risk UK companies being implicated in the next major money laundering scandal
05/07/2019
EBRD considers move to extend lending to sub-Saharan Africa
Support builds in EU capitals for more investment to stem migration to Europe
05/07/2019
Financial stability post Brexit: risks from global debt - speech by Jon Cunliffe
It is the risks, what could happen, that inform our policy decisions.
05/07/2019
Two Irish banks unwittingly used in huge carbon credit fraud
Both Ulster Bank and BoI have fallen foul before for enforcement failings in other cases
05/06/2019
Free flow of dirty money in the United Kingdom
Analysts and academics argue too much of the money flowing around the UK is the result of crime, corruption and tax dodging.
05/06/2019
Greece unveils bill to help millions who owe tax and pension arrears
He said that about 4.2 million people have unsettled arrears with the tax office, state pension funds and municipalities, including about 80,000 eligible for retirement pensions but unable to receive benefits because of their arrears.
05/06/2019
EIOPA submits advice on Sustainable Finance to the European Commission
In doing so, EIOPA advises to embed carefully sustainability in the delegated regulations under Solvency II and the Insurance Distribution Directive.
05/06/2019
FCA launch the Financial Services Regulatory Partners Phoenixing Group
The Financial Conduct Authority held a round table event with its regulatory partners to build on existing collaboration and launch a working group to tackle the ongoing issue of phoenixing in financial services.
05/03/2019
NAB, UK bank sued over business loans
A spokeswoman for Clydesdale said the bank had yet to receive details of the case.