02/06/2019
Swiss court rules against Julius Baer in East German assets row
Julius Baer has said previously that it is contesting the claims of the German government agency and has taken measures to defend its interests.
Legal, Regulation & Compliance
02/06/2019
Latvian financial regulator: banks now focused on domestic market
The head of Latvia's financial regulator, the Financial and Capital Markets Commission said February 5 that a huge overhaul of the banking system was now "in a closing phase"
02/05/2019
FCA orders more fund disclosure from asset managers
Today’s rules and guidance complement that work by helping consumers understand more about how their money is being managed, so that they can make better investment decisions.
02/05/2019
Using EU law to improve the Brexit deal along the lines requested by the UK Parliament
The WTO provides a basic level of trade liberalisation and there is no need to accept such a level of trade freedom as a concession.
02/05/2019
Muckle expands services for private clients
Following a significant increase in demand, independent North East law firm for businesses Muckle LLP has expanded its private client team
02/05/2019
Bank to the Super-Rich Defeats ‘Unspoken Sexism’ Case
In the lawsuit, Ball had argued that an “unspoken sexism” at the lender prevents women from speaking up when they’re denied promotions
02/05/2019
Mourinho accepts one year suspended prison sentence for tax fraud in Spain
Spanish prosecutors said Mourinho, 56, failed to declare revenues from image rights in Spanish tax declarations from 2011 and 2012, when he was coach of Real Madrid, "with the aim of obtaining illicit profits."
02/05/2019
Fraudster guilty of running illegal investment scheme
Only £457,119 of these deposits was actually traded by Mr Virdee and almost all was reportedly lost or used to fund his lifestyle.
02/05/2019
Former Newton Investment fund manager fined
The email read: "I wanted to urge those considering or in for the OTB (On The Beach Group plc) IPO to think about moving to a 260m pre money valuation limit. I have done that first thing this morning with my 17m order."
02/05/2019
Directors banned for trading while insolvent
Disqualifications mean the four directors are banned from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company.
02/04/2019
Financial Conduct Authority plunged into centre of scandal of Royal Bank of Scotland's treatment of small firms
The agency was created to insure RBS's riskiest loans after the bank was bailed out by the Government during the financial crisis.
02/04/2019
Financial Conduct Authority blasted as 48 fund firms face fees investigation
The total can be almost triple the advertised cost of a fund.
02/04/2019
Ex-Georgian PM's suit to have case heard in Singapore court dismissed
The Geneva branch was the centre of management for the portfolio.
02/04/2019
Manders Law has been shortlisted for the WealthBriefing European Awards 2019
It is a great honour to be recognised in the shortlist and this is testament to the hard work that the team have put in over the last 12 months.
02/04/2019
Starling Bank courts Irish banking licence as it launches euro accounts
The move marks a sizeable step-up in the battle to win over British consumers
02/04/2019
German States Issue 41 Fines For GDPR Violations
Advertising mails, Dashcam use as well as open E-Mail distributors were the subjects of fines.
02/04/2019
Bank of England and European Securities and Markets Authority agree Memoranda of Understanding
The MoUs will also only take effect in the event of a no-deal Brexit.
02/04/2019
Deutsche Bank deflects EU lawmakers’ questions in money laundering probe
Little detail given on alleged links to Danske Bank scandal.
02/01/2019
Advisers to pay £175m FSCS levy
The scheme confirmed a levy for 12 months for the 2018/19 period would have been £574m, £58m higher than the proposed levy.
02/01/2019
Ex-Falcon Legal Boss' Ban Lifted
To be sure, the court wrote that the executive, who oversaw a compliance team of roughly 20 people, knew that Falcon's anti-money laundering program was lacking in 1MDB transactions carried out by the bank.