02/15/2019
UK and Canada forge closer fintech ties
Renewing this MoU will help us to encourage greater innovation and ensure ongoing cooperation between the UK and Canada.
Legal, Regulation & Compliance
02/15/2019
No-deal Brexit may disrupt ESMA’s MiFID thresholds
Maijoor added that in no-deal Brexit, from that date, no new UK data will be collected by ESMA
02/14/2019
EU adds Saudi Arabia to dirty-money blacklist, upsets Britain
Apart from reputational damage, inclusion on the list complicates financial relations with the EU.
02/14/2019
Libor Is Being Overtaken: Will It Be A Car Crash?
It analyses the four markets most affected by the discontinuation of LIBOR
02/14/2019
FCA accused of not taking responsibility
Nor does it include a glossary of consumer friendly terms and Mr Bussy said this means individual fund houses will be confused about how to do it.
02/14/2019
Switzerland: New Laws on Financial Services
The FinSA contains cross-sector rules for offering financial services and distributing financial instruments.
02/14/2019
Ex-analyst sues Goldman Sachs after losing job ‘because of ADD’
A former Goldman Sachs analyst who claims he lost his job because of his attention deficit disorder is suing the bank for disability discrimination.
02/14/2019
Freeport Accused of Shadiness, says it surpasses EU rules
Luxembourg faces competition from larger freeports inside the EU, such as those in Barcelona and Shannon, and outside the bloc, like those in Geneva and Singapore.
02/13/2019
France is well placed to take the ECB's top job after Draghi
European countries are able to name one person to take the ECB job.
02/12/2019
How the French took a bite out of Apple: As London dithered, Paris made tech firm pay fair taxes
To stop the digital giants avoiding tax on income in this way, France has been a major advocate of an EU plan to impose a 3 per cent tax on the turnover of the European operations of the FAANGS: Facebook, Apple, Amazon, Netflix, Google and Spotify.
02/12/2019
Brexit: Theresa May needs to 'take a breath' and admit UK is not ready to leave EU, say remainer Tory MPs
Prime minister's plan will leave communities and families worse off, MPs and peers warn
02/12/2019
Pressure builds on non-EU jurisdictions ahead of publication of revised blacklist
The first version of the blacklist was published in 2017; and several jurisdictions, including Jersey and the Isle of Man, were included on a so-called grey list and rushed to amend their tax measures by the end of 2018.
02/12/2019
Comment: Cryptoassets and the case for regulation
Shortly afterwards, the UK's Cryptoasset Taskforce - which comprises representatives of the FCA, HM Treasury and the Bank of England - identified three major risks associated with cryptoassets.
02/12/2019
John Varley faced walking ‘the plank’ if Qatar rescue had failed
Barclays fraud trial hears replay of senior executive speculation on CEO’s fate
02/12/2019
Update on "Plan B", contingency planning and cooperation agreements
In this article, we provide you with an update on Brexit developments with a particular focus on the investment management sector.
02/12/2019
Former Banker Sues UOB For Race Discrimination
Smith, who was a senior officer in the bank's treasury business, said UOB changed the minutes of the meeting that originally described how the candidate needed to «fit into UOB
02/12/2019
Switzerland signs trade deal with UK
In the case of a no-deal Brexit, no transition period would come into effect.
02/12/2019
FCA launches High Court case against firms and bosses
FCA begins High Court Proceedings against Samuel Golding
02/12/2019
Calls for regulator to ensure access to cash after bank IT failures
New watchdog required to protect 25 million people who still rely on cash, says Which?
02/11/2019
Pensions: Tougher jail terms for mismanaging funds
Sir Steve Webb said it could be difficult and time consuming to reach the higher burden of proof needed in criminal cases.