09/09/2018
A Russian Who Allegedly Hacked Into JPMorgan Chase's Servers Is Now in U.S. Custody
What the earlier court filings didn’t disclose was the identity of the central hacker—revealed finally in an unsealed indictment on Friday as Tyurin.
Legal, Regulation & Compliance
09/09/2018
How Mifid II’s second seismic shift is reshaping the trading landscape
Companies are facing challenges over transparency around liquidity and best execution
09/07/2018
EU Exit SIs for payment services, e-money and the SEPA Regulation
These SIs will make amendments to retained EU law related to payments and electronic money to ensure that the regime continues to operate effectively in a UK context once the UK leaves the EU, in any scenario.
09/07/2018
Fiduciary arrangements - AML Directive - new requirements - Ogier
Depending on the seriousness of the infraction, sanctions may vary from simple warnings to fines in an amount equivalent to twice the financial advantage gained by the breach (when it can be assessed), or of up to 1,250,000 euros.
09/07/2018
Foreign Investments In German Cos. Face Increased Scrutiny
On Aug. 1, the German government for the first time authorized the Federal Ministry of Economy and Energy to block a transaction on national security and public policy grounds.
09/07/2018
Brodies tops 2018 Insider Legal Leaders table
Sector stands firm against Brexit uncertainty as many report record revenues
09/07/2018
Ogier advises on £13m Manchester student housing deal
The six-storey Princess Street property in Manchester is comprised of studios and one-bedroom apartments and will be managed under Centurion's student accommodation brand, "dwell".
09/06/2018
More than 1,000 people a day need to settle Rangers-style avoidance schemes before deadline to avoid charge
Those who fail to provide information to HMRC by September 30 will face a “loan charge” in April next year.
09/06/2018
Irish regulator scolds asset managers for UCITS fee calculation failures
Following CBI inspection
09/06/2018
Hedge Funds Won’t Get More Money From EU’s Biggest Asset Manager
As part of the shift, Paris-based Amundi is disbanding its team in London that researches hedge funds.
09/06/2018
Regulated retail investment adviser re-evaluation
The level 4 Diploma became the standard when the Retail Distribution Review came into force at the start of 2013.
09/06/2018
Executor hid expat’s Belgian car and bike collection
The conspiracy included a Boxing Day text message to the UK, which had been composed on the deceased man’s phone by the fiancé, cancelling a trip over the channel.
09/06/2018
Why the FCA is concerned about P2P finance
The areas where they have fallen down on has generally related to the treatment of client assets, and how they reconcile client money that is held in trust, before it is deployed.
09/05/2018
ING Groep Pays 675 Million-Euro Fine in Holland
The news was released by the Dutch multinational bank through its website today, Sept. 4.
09/05/2018
Irish regulator warns asset managers about overcharging investors
Central Bank of Ireland steps up its scrutiny of opaque performance fees
09/05/2018
SocGen expects to pay €1.SocGen expects to pay €1.1 billion in US sanctions fines1 billion in US sanctions fines
Societe Generale has been caught up in around a dozen probes and lawsuits in recent months.
09/05/2018
Scandals expose flaws in EU fight against dirty money, say watchdogs
Report reveals lack of legal clarity, patchy data-sharing and limited staffing
09/05/2018
The Sound of Corrupt Cash Being Sucked Through Europe
Danish and Dutch bank probes expose multiple holes in the system.
09/05/2018
SJP investigates independence claims made by adviser
However, his FCA Register record, confirmed by SJP, shows he has been with SJP, and therefore restricted, since 2014.
09/05/2018
Five sentenced over £2.8m investment fraud
Charanjit Sandhu (DOB 3 December 1989) was sentenced to 5.5 years’ imprisonment.