05/15/2019
Some £35 billion from Guernsey investment funds is invested into UK assets, most into long-term tangible assets, including schools, hospitals, airports and roads, and businesses of all sectors and scale – and the majority of that money comes f
05/15/2019
The Swiss bank was ordered to pay 4.5 billion euros ($5 billion) in fines and other charges.
05/15/2019
Dubbed a “stealth tax” by critics, probate costs will increase under controversial plans to introduce a new sliding scale of probate fees.
05/15/2019
Top regulator said criminal action over Qatar payments presented risk to bank’s safety
05/15/2019
The ombudsman resolved 97 portfolio management complaints against IFAs and 95 occupational transfer complaints
05/15/2019
Frankfurt prosecutors looking at wealthy individuals in case
05/14/2019
French manager Natixis IM takes 11% stake in Canadian manager Fiera Capital to expand in the country
The deal will also see Natixis Investment Managers CEO Jean Raby joining the board of Fiera Capital while the Canadian manager will repurchase for cancellation 2.45 million Fiera Class A shares from National Bank of Canada.
05/14/2019
Lloyd's approves London-based A&P Worldwide as broker
Lloyd's financial strength is derived from its unique capital structure, and this will help us provide world class service to all our customers."
05/14/2019
Individuals that are already over the lifetime allowance would incur an immediate 25 per cent charge but these funds would then become immune to any further penalties.
05/14/2019
Customers Demand More Comprehensive and Personalized Insurance Products to Address ‘Coverage Gap’ in Existing Policies and Emerging Risks
05/13/2019
Report: Bermuda to come off EU blacklist
The news agency added that its report was based on documents obtained by Bloomberg News.
05/13/2019
Lottery winner hit with £6m bill over money laundering
A couple and their associates have forfeited assets including a hotel
05/13/2019
Bank Secrecy Rules Get a Rethink After Danske Laundering Shock
The financial regulator in Denmark, the bank’s home, has started lobbying counterparts elsewhere for a broader discussion.
05/13/2019
The FCA asked advisers if its regulations are driving too many people to seek advice and admitted its actions may be having a "negative impact" on the market and consumers.
05/13/2019
Offshore haven of Guernsey, away from stricter EU disclosure regulations, attracts sellers of risky debt
05/13/2019
People familiar with the investigation told The Financial Times the former regulator was charged for not preventing transactions at Danske Bank when he was finance director from 2011 to 2015.
05/13/2019
The remuneration trust is set up in a contrived manner and is claimed to provide benefits to individuals (beneficiaries), other than the scheme user.
05/13/2019
Our track record on supporting climate finance is already most impressive.
05/10/2019
The EU could potentially parse out the rulings against the banks, instead of putting them all together in one day.
05/10/2019
A company owned by Rosell played the role of intermediary in the negotiation of these contracts and allegedly pocketed nearly 8.4 million euros.