05/19/2019
The IMF said the life insurance sector - which has been struggling to pay out on life insurance policies in an era of historically low interest rates - needed to speed up its move away from conventional guaranteed-return products to other kinds of product
05/19/2019
The date of the vote and the substance of what lawmakers will be asked to consider - including whether they will be given chance to indicate what preferences might secure a majority before the vote is binding - have yet to be made public.
05/19/2019
The first consultation sets out options for adjustments that will apply to the relevant risk-free rates
05/19/2019
Addressing a funds industry conference, he called for progress on a long-term solution that would see trading settlement move permanently to Brussels.
05/19/2019
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
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
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
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
The Beckmann case, and subsequent case law, considered the meaning of these words and the extent of the pensions exemption.
05/17/2019
Speech by Jonathan Haskel
05/17/2019
The UK is currently a party to the Convention by virtue of its EU membership
05/17/2019
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
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
Speech given by Donald Kohn, Member of the Financial Policy Committee
05/17/2019
The company has now confirmed an estimated 50 staff will be impacted by the closure
05/17/2019
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
Between 2008 and 2015 the brothers fraudulently produced client records and misrepresented documents
05/16/2019
Germany’s largest bank has been beset by legal troubles in recent years — and has warned they are not over yet
05/16/2019
In the Cayman Islands, premier Alden McLaughlin said the suggestion was "akin to an attempt to take over the territory.
05/16/2019
Former compliance officer says day-trader friend provided mobile phone to keep in touch