01/28/2019
Billions of euros in Satabank transactions deemed 'highly suspicious'
'This makes previous money laundering cases look like child's play'
Legal, Regulation & Compliance
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.
01/25/2019
Ex-Barclays bosses paid secret fees to Qatar to avoid govt bailout, jury told
The trial is expected to last for about four to six months. The four accused were all granted bail.
01/25/2019
PSR confirms market review into card-acquiring services
The PSR is carrying out this review following concerns that the market may not be working well for merchants, and therefore consumers.
01/25/2019
Wins for Ogier's Jersey and Guernsey Private Client & Trusts teams
Ogier has been recognised at the awards for the last three years in a row.
01/24/2019
Jury to hear groundbreaking charges against top UK bankers
Former Barclays chief John Varley and three colleagues stand trial on fraud charges
01/24/2019
Public register of beneficial ownership: Legislation delay
Warnings were given that attempts by the UK parliament to legislate for the Crown Dependencies on domestic matters would run contrary to constitutional conventions.
01/24/2019
The EU Wants to Clamp Down on the Super Rich’s Visa of Choice
Amid a worldwide refugee crisis and increased immigration restrictions, most EU member states sell “golden visas”—residence permits or citizenship—to the ultra-wealthy for thousands or even millions of euros.
01/24/2019
ECB to acknowledge weak growth but keep policy unchanged
With much of its firepower depleted, Draghi will use his few remaining tools sparingly, suggesting Thursday’s meeting will be more about words than action.
01/24/2019
Wall Street Braces for MiFID-Style Rules Descending on the U.S.
Capital Group, T. Rowe will eat costs of outside research
01/24/2019
Mifid is forcing advisers to turn away clients
You can probably do it quicker than that, but to do it thoroughly you need to take that amount of time.
01/24/2019
ESMA Updates Commodity Derivatives Transitional Transparency Calculations For MIFID II/ MIFIR
The European Securities and Markets Authority (ESMA) has published today an updated version of the MiFID II/MiFIR transitional transparency calculations (TTC)