01/28/2019
Serbia's AIK plans new bid for all of Slovenian Gorenjska Banka
The bid price was not disclosed but AIK last year offered to pay 298 euros per Gorenjska share
Legal, Regulation & Compliance
01/28/2019
Moscow banker: Russian money launderers entranced by Danske's trustworthy name
Russian law enforcement authorities will start helping the Estonian prosecutor's office and police in investigating the large-scale money laundering in Danske's Estonian branch
01/28/2019
Bentley Has A Serious Brexit Problem
But not all is lost.
01/28/2019
Death of the 500 euro note, bill favoured by criminals … and Germans
The banknote’s death warrant was signed in 2016 when the ECB formally ended its production over concerns it could ‘facilitate illegal activities’
01/28/2019
Basel Committee finds liquidity risk principles still fit for purpose
The Basel Committee on Banking Supervision has confirmed that its 2008 principles for sound liquidity risk management and supervision remain relevant and fit for purpose.
01/28/2019
Offshore company beneficial ownership registers and trusts: By Ashley Fife,Carey Olsen
Families who have established, or are looking to establish, trust structures ought to be comforted to some extent
01/28/2019
Open banking: clarity provided for banks over 'opt outs' and revoking consent
The views expressed by the European Banking Authority (EBA) build on other guidance banks have been given in relation to customer consent in the context of open banking.
01/28/2019
Further regulatory perils await unwary financial sector
Perhaps due to the sheer volume of regulatory changes, a quick-fix approach still prevails in the industry.”
01/28/2019
DFSA Enforces Fine in the UK Against Sanctioned Individual
While Mr Grimes did not challenge the DFSA’s findings against him, he failed to pay the fine by the date it was due.
01/28/2019
FCA sticks to guns on pension pathways
The FCA is proposing rules that will require firms to give consumers warnings about holding investments in cash and to improve disclosure of charges
01/28/2019
Billions of euros in Satabank transactions deemed 'highly suspicious'
'This makes previous money laundering cases look like child's play'
01/28/2019
EU puts Saudi Arabia on blacklist for lax control on money laundering
Last year, Saudi Arabia failed to get full membership in the Financial Action Task Force
01/28/2019
France plans to force heads of big firms to be tax resident
In his interview, he said legislation he'll propose in "the coming months" will target large companies including those listed in the main Paris stock exchange and companies where the government holds stakes.
01/28/2019
The FCA Consults On Optimising the Senior Managers And Certification Regime
The FCA will consider feedback received and publish its policy statement and rules in summer 2019.
01/28/2019
LIBOR transition and contractual fallbacks by Edwin Schooling Latter, FCA
Speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy at the FCA, delivered at the International Swaps and Derivatives Association (ISDA) Annual Legal Forum.
01/27/2019
Barclays deal with Qatar was ‘dodgy’
Court hears bankers admit to worries over fees
01/27/2019
Brexit passport news: Will your passport be valid after Brexit? New rules EXPLAINED
BREXIT is just 62 days away now, and a deal is yet to be agreed on between the EU and UK. So what would a no-deal scenario mean for your passport?
01/27/2019
Inquiry launched into future of UK’s financial services post-Brexit
The Committee examines what the Government’s financial services priorities should be when it negotiates the UK’s future trading relationship with the EU and third countries.
01/25/2019
'We can't go to prison - the food's bad and the sex is worse': What Barclays banker accused of getting £11.8bn secret bailout from Qatar during 2008 crash said to his colleague
Alleged four top executives agreed to funnel £322m in secret fees to Middle East
01/25/2019
European states could face 'EU tax' to redistribute wealth
The tax proposal came after she outlined how EU member states had lacked the “strength, will, or ability” to protect citizens from the damaging effects of globalisation.