09/25/2018
Tesco Bank faces huge fine as FCA gets tough over cyberattacks
The banking arm of Britain's biggest retailer is contesting a proposed £30m-plus fine from the City watchdog, Sky News can reveal.
Legal, Regulation & Compliance
09/25/2018
EBA launches its 2018 EU-wide transparency exercise
In 2018, the sample of banks will be aligned with the one used for the 2018 EBA RAR and the exercise will be based exclusively on supervisory reporting data.
09/24/2018
Services to asset managers are now the biggest growth driver.
On the regulatory side, things have changed as well over the past years.
09/24/2018
Regulator says scandal bank board 'heads are on the block'
CEO Thomas Borgen, 54, has resigned and Chairman Ole Andersen says that several employees have been reported to the police.
09/24/2018
Former Deutsche Bank trader said arrested in Italy
“We confirm Andreas Hauschild was arrested on a European arrest warrant last month in Italy."
09/24/2018
Maples and Calder in Jersey becomes TISE Listing Member
This new membership serves as a welcome addition to Maples and Calder's provision of specialist listing services for the Cayman Islands and Ireland.
09/21/2018
GDPR made it impossible for banks to provide advisory services
GDPR has forced banks to reconsider the data they collect and how it’s being used.
09/21/2018
Digital wealth manager launches partnership with venture capital firm
Tiller Investments, the online wealth manager, has struck an agreement with West Hill Capital.
09/21/2018
Dutch asset managers join class action against Volkswagen
Other Dutch pension funds and providers declined to state whether they were among the litigants.
09/21/2018
Murder for £10 BILLION fortune
Janowski allegedly spent €250,000 to hire contract killers
09/21/2018
FCA bans advice firm chief executive
The FCA found Mr Burns had not identified, and TMI had failed to manage, this conflict of interest.
09/21/2018
ICO fines Equifax for data breach
Credit reference agency Equifax fined for security breach
09/21/2018
Outcome of BCBS meeting
The Committee exchanged views on emerging conjunctural and structural risks.
09/21/2018
IOSCO issues policy measures to protect investors of OTC leveraged products
The measures in the three toolkits draw largely on IOSCO members’ experiences and practices.
09/20/2018
New trustee licensing requirements on the horizon
The act will fundamentally overhaul the existing financial services regulatory framework and create a new supervisory regime governing all financial institutions.
09/20/2018
Third Belgravia fraud suspect back in Jersey to face charges
From the Philippines to the Channel Islands
09/20/2018
Dear CEO LIBOR letter
These letters were sent to the largest banks and insurers in the first instance.
09/20/2018
Joint statement: Inaugural meeting of US-UK Financial Regulatory Working Group
This cooperation is especially important given transition in the UK’s regulatory relationships as it withdraws from the European Union.
09/20/2018
EU banks funding plans indicate increased appetite for client deposits and market-based funding in the coming years
The reports aim to provide important information for EU supervisors to assess the sustainability of banks' main sources of funding.
09/20/2018
IOSCO guidance addresses conflicts of interest and conduct risks in equity capital raising
IOSCO today published the final report on Conflicts of interest and associated conduct risks during the equity capital raising process