09/30/2018
IMF Publishes Fiscal Transparency Evaluation for Malta
The report recognizes several key strengths of fiscal transparency practices in Malta.
Legal, Regulation & Compliance
09/30/2018
Divorce ‘fighting fund’ for spouses of rich
Access to Justice Fund is about giving equality of arms to the weaker party in divorce
09/30/2018
The Luxembourg SPF: A private wealth management company of choice
Ultimately, with Luxembourg being a highly developed centre of legal and financial services, private individuals wishing to structure their assets' holding and financing benefit from a one-stop-shop meeting all their expectations.
09/28/2018
ESMA Published Final Report Amending RTS on the Clearing Obligation for Intragroup Transactions
ESMA, with the first deferred deadline approaching on 21 December 2018, aims to find the right balance between the objective of a temporary exemption
09/28/2018
Macquarie Group CEOs may be interviewed by German police over share trading case
Macquarie says Nicholas Moore and Shemara Wikramanayake could be classified as ‘persons of interest or suspects’
09/27/2018
No fault divorce plans could make financial settlements easier
Analysis: Divorce reforms in England and Wales go some way to introducing "no fault" divorce, but more clarity and development is needed as the UK government's consultation on reform progresses.
09/27/2018
Dial Monaco for Murder
“Daughter’s partner accused of ordering killing of city’s richest woman.” – reports
09/26/2018
Mercer slams competition watchdog for data errors in pension fund industry investigation
The letter goes on to say the issues were brought to the attention of the case team, who replied by saying they would not make the requested changes.
09/26/2018
How Swiftly Should a Hedge Fund Respond to a Whistle-Blower?
Investors have every reason to question GAM’s eight-month delay.
09/26/2018
Carey Olsen acts for successful appellants in important 'forum non conveniens' BVI Court of Appeal decision
Carey Olsen has one of the largest dispute resolution and insolvency practices in the offshore legal field led by 17 partners across nine international offices.
09/26/2018
Chelsea FC owner ‘a threat to public security’ in Switzerland
Damning police report into Abramovich’s attempt to secure Swiss residency made public
09/26/2018
Not dealing with unexplained wealth orders can have consequences
Whereas, previously, law enforcement had to prove in court that an asset was purchased with laundered funds, unexplained wealth orders shift the burden of proof to the property’s owner.
09/26/2018
Hargreaves Lansdown broke Mifid rule
A spokesman for the company stated in accordance with Mifid II it had written to, and emailed, clients affected by this rule.
09/26/2018
Russian banks to be able to block suspicious money transfers
The signs of unauthorized transfers should be defined by Russia’s Central Bank.
09/26/2018
Ex-Deutsche Bank Trader Pleads Not Guilty to Spoofing
Chanu is seeking to be released on bond to Dubai in the United Arab Emirates, where he currently works at a trading company, his lawyer said.
09/26/2018
Blenheim Capital Group founder told to pay wife or face jail
A judge had approved the agreement and ordered Mr Rogan to pay.
09/26/2018
European countries have been 'oblivious' in fighting money laundering, says Latvian minister
The Latvian ABLV, the Danish Danske Bank and the Dutch ING have all recently been involved in scandals over money laundering and financial crime.
09/26/2018
ECB speech on interest rate benchmark reform
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB’s Money Market Contact Group meeting, Frankfurt am Main, 25 September 2018
09/25/2018
EU lawmakers move to tighten rules on London-based investment banks
The proposed new rules would reduce the scope of the so-called equivalence regime, which allows foreign financial firms to operate in the EU without branches there if regulations in their home countries are seen as equivalent to those in the EU.
09/25/2018
Deutsche Bank warned over money-laundering as auditor appointed
German watchdog brings in KPMG to ensure the bank does more to uncover hidden cash