05/19/2019
Central Bank of Ireland issues urgent Brussels warning to traders
Addressing a funds industry conference, he called for progress on a long-term solution that would see trading settlement move permanently to Brussels.
Legal, Regulation & Compliance
05/19/2019
Who's Who Legal crowns Carey Olsen as Guernsey firm of the year
Carey Olsen was named Guernsey firm of the year based on detailed industry research and feedback from clients and other legal professionals around the world.
05/19/2019
Barclays and Co-op Bank in failed takeover discussions
The gambit has emerged less than two years after Qatari conglomerate Al Faisal Holding and Swiss investment firm Interritus hired Barclays to advise them on a bid for Co-op Bank.
05/17/2019
Leading the way on regulation by Karina McTeague
The UK Parliament had just taken a decisive lead in the regulation of financial services by establishing the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) under the Twin Peaks model.
05/17/2019
Graham Bentley: FCA’s work on the advice gap cannot come soon enough
The great majority of those businesses were therefore built on revenues earned from initial and ongoing commissions attached to selling products, and indeed continued to benefit from the trail for another three years.
05/17/2019
Beckmann rights – back to basics
The Beckmann case, and subsequent case law, considered the meaning of these words and the extent of the pensions exemption.
05/17/2019
Capitalism without capital: understanding our new 'knowledge' economy
Speech by Jonathan Haskel
05/17/2019
At A Glance
The UK is currently a party to the Convention by virtue of its EU membership
05/17/2019
Alibaba’s Ma Worries EU Regulations Will Stifle Tech Innovation
With lawmakers and regulators around the world clamping down on technology companies, the European Union has become one of the fiercest critics of tech companies.
05/17/2019
BoE speech on "stylish regulation" by Sam Woods
This, needless to say, would be anathema to the Prudential Regulation Authority and to all of us who have spent the last decade repairing the financial system.
05/17/2019
BoE speech on macroprudential policy
Speech given by Donald Kohn, Member of the Financial Policy Committee
05/17/2019
Investec reveals impact of robo-advice closure
The company has now confirmed an estimated 50 staff will be impacted by the closure
05/17/2019
Wealth management boss jailed for a decade over £14.5 Ponzi fraud handed FCA final notice
David ran a legitimate HBFS business parallel with his fraud, in which he convinced investors, some of which he knew personally as friends, that their funds were held in high-interest bank accounts offering between four and eight per cent annual interest.
05/17/2019
Firm involved in £17m fraud declared in default
Between 2008 and 2015 the brothers fraudulently produced client records and misrepresented documents
05/16/2019
Deutsche doubles financial crime fighters to head off future scandals
Germany’s largest bank has been beset by legal troubles in recent years — and has warned they are not over yet
05/16/2019
UK will not impose deadline on OTs to change residency rules
In the Cayman Islands, premier Alden McLaughlin said the suggestion was "akin to an attempt to take over the territory.
05/16/2019
Similarity of phones in alleged UBS insider trading case a ‘coincidence’
Former compliance officer says day-trader friend provided mobile phone to keep in touch
05/16/2019
HMRC toughens position on use of offshore trusts to avoid tax
HMRC is cracking down on the use of disguised remuneration and contractor loans after winning two tax avoidance cases at the tax tribunal over use of offshore trusts to avoid tax and NICs
05/16/2019
The IoF updates its GDPR guidance – what's changed?
The focus of the guidance remains on how charities decide on which lawful basis of processing personal data they should rely on in a particular situation.
05/16/2019
Stylish regulation - speech by Sam Woods
Speech given by Sam Woods, Deputy Governor for Prudential Regulation and Chief Executive Officer, Prudential Regulation Authority