02/11/2019
End of no-fault divorce comes at last - Withers
A change in the law should lessen the impact on the children involved, and so this announcement is timely as it coincides with Children’s Mental Health week.
Legal, Regulation & Compliance
02/11/2019
Claims bill looms for advisers not using trusts
Some lawyers are feeling the pinch a bit these days
02/11/2019
Private Client Team Win Award at UK Probate Research Awards 2019
The Inaugural UK Probate Research Awards was supported by Finders International
02/11/2019
Law firm expands to 14 offices following latest merger
This is the second merger Ramsdens has undertaken in the last 12 months, having merged with York-based Burn & Co in March 2018.
02/11/2019
Money laundering on the radar for Norway’s wealth fund
e don’t disclose these because it’s risk-based
02/10/2019
Mifid rules 'corrupt' investment strategies
The rules took effect in January 2018, with the intention to increase transparency of costs charged to clients and to strengthen investor protection.
02/10/2019
Does the growth of passive investing affect equity market performance?
In this Research Note we review the recent academic research on the impact of the growth of passive investing on market efficiency and market effectiveness.
02/10/2019
ESAs publish recommendations on changes to the PRIIPs Key Information Document
The ESAs consider that there is a risk that retail investors are provided with inappropriate expectations about the possible returns they may receive.
02/10/2019
Denise Voss, the American helping Luxembourg run its money
Alfi chair says Brexit is mostly ‘lose-lose’ not least because UK has been an EU ally
02/08/2019
Baker McKenzie acts as Australian infrastructure adviser sells to UK firm
“This deal will result in a new RPS advisory team aimed at tackling one of Australia’s biggest challenges – infrastructure complexity,” he said.
02/08/2019
Offshore Tax Haven To Ease Cannabis Laws (Isle of Man, In Case You Were Wondering)
Multiple consultations are being launched over the next six weeks; one will ask if access to cannabis for medicinal purposes should be widened.
02/08/2019
China Post Global receives RQFII quota
China Post Global has been active in London, where it launched several exchange-traded funds.
02/08/2019
Barclays banker made Qatar PM wait – so as not to look desperate, court hears
Barclays received £12 billion in emergency funds from mainly Gulf investors during the 2008 crisis.
02/08/2019
Lords call on government to establish UK infrastructure bank
The Lords said unless a withdrawal agreement with the EU is negotiated before the exit day on 29 March, UK projects would have no further access to EIB funding.
02/08/2019
FCA: Banking leaders' insights on adopting SMCR
The purpose of the guidance is to give practical assistance and information to firms preparing Statements of Responsibilities and Responsibilities Maps.
02/08/2019
Asset protection trusts – why the recent interest?
To this end a trust is a tripartite relationship between trustee, property and beneficiary
02/08/2019
What do Mandatory Disclosure Rules mean for companies?
Although the primary reporting requirement lies with the intermediary, the reporting obligation can shift to the taxpaying entity or individual.
02/08/2019
Court of Appeal Decision in Manchester Building Society V Grant Thornton
This required the claimant to prove the counter-factual, that the same loss would not have been suffered if the advice had been correct, i.e. if the claimant had not exercised the break clause early and continued to hold the swaps.
02/08/2019
Bankhall launches new hub for senior managers regime support
The rules, which are set to be rolled out to advisers later this year, require senior managers within firms to have statements of responsibility to establish lines of accountability, while testiying the competence of more junior staff on a regular basis.
02/08/2019
Investing in Uncertain Times - LEBC
If a last-minute deal can be reached, or no deal does not result in chaos, then domestically focussed smaller companies are likely to be beneficiaries.