04/09/2019
UK HMRC Increases Focus on Combatting Tax Evasion
In March 2019 HMRC published the outcome of an IPSOS poll of more than 1,000 businesses
Legal, Regulation & Compliance
04/09/2019
Basel Committee issues a consolidated version of its standards
The preparation of the framework did, however, reveal certain inconsistencies between Basel requirements as well as ambiguities that need to be addressed through minor policy changes.
04/08/2019
Can the world's central banks rescue the slowing global economy even if they try?
The eurozone is sliding into a ‘Japanese’ deflationary quagmire but without Japan’s political cohesion and without a fiscal machinery to step into the breach.
04/08/2019
Freshfields scrutinised over review of UBS rape allegation
Solicitors’ regulator opens file on whether law firm was transparent about bank relations
04/08/2019
Chinese Investors Look to Greece for Controversial ‘Golden Visas’: Report
Nearly 60 percent of the visas granted since January 2018 have gone to Chinese investors, while visas granted to Turkish investors have also risen sharply over that period, the New Zealand-based media outlet reported.
04/08/2019
FSA and ASIC agree to strengthen cooperation post-Brexit
The FCA and ASIC also support the continuity of existing equivalence decisions to provide certainty to businesses post-Brexit.
04/08/2019
EU to modernise law on consumer protection
The directive covers a wide range of topics.
04/08/2019
FSB publishes directory of crypto-assets regulators
The FSB also conducts outreach with approximately 70 other jurisdictions through its six Regional Consultative Groups.
04/08/2019
Fraudsters jailed for duping wine investors out of nearly £1m
The five men operated three fake companies
04/08/2019
FCA and ASA MoU
The FCA and ASA have separate but overlapping mandates.
04/08/2019
Jury discharged in Barclays executives fraud case
Ex-chief executive and three others on trial over alleged payments to Qatar in 2008
04/08/2019
Sanjeev Gupta's new bank eyes brisk UK trade after Brexit
Mr Gupta's GFG Alliance has just received approval from British regulators for the Commonwealth Trade Bank to operate as a separate entity, almost a year after he acquired what was known as Diamond Bank UK, from its parent in Nigeria.
04/08/2019
Less-cash, but not cashless by Sarah John
The wholesale cash distribution system is a key part of the cash cycle that enables the public to use the banknotes they want to, when they want to.
04/07/2019
Central Bank of Ireland governor Lane tots up €75,000 in expenses
Records show that Lane claimed just under €75,000 in expenses over 2018
04/05/2019
New Lessons from the Barclays Whistleblowing Case
Under the terms of the enforcement action, designated “whistleblower champions,” approved by UK regulators as senior managers, must personally attest each year to the soundness of the bank’s whistleblowing systems and controls.
04/05/2019
North-east mayor slaps compulsory purchase order on three Thai banks
Regeneration of hundreds of acres frozen by dispute with lenders over collapsed Asian-owned steelworks
04/05/2019
FCA register will go down if UK leaves EU next week
The register would be updated to reflect changes required to companies' details in the event of Brexit
04/05/2019
Cyprus Ministry of Finance presents draft EU Anti-Tax Avoidance Directive
The draft legislation contains five anti-abuse measures relating to controlled foreign companies
04/04/2019
FSCS pays out £14m over failed property scheme advice
The FSCS received claims against five advice firms in relation to advice on the investment.
04/04/2019
Former UOB Banker Loses Racial Discrimination Claim
As there was no proof of discrimination, Smith's award is capped at 84,000 pounds ($110,000).