07/11/2018
SJP and Lifesearch sign up to gender diversity targets
The initiative comes at a time when women face many challenges in the market regarding how they are valued
Legal, Regulation & Compliance
07/10/2018
Germany studying request to return €300mn to Iran
The report added that Iran had told the German Financial Supervisory Authority (BaFin) that it needed the cash from the accounts "to pass on to Iranian citizens who require cash while travelling abroad, given their inability to access recognized cred
07/10/2018
Cayman gets support from Caricom on UK issues
The heads of government from the Caribbean Community member states backed that position during a conference last week in Kingston, Jamaica, voicing their own disapproval for the U.K.’s approach to the issue.
07/10/2018
Lithuania Green-lights Remote FinTech Licensing
The bank’s move is another sign of Lithuania’s increasing importance as a tech hub.
07/10/2018
Law firm Allen & Overy launches regulatory consulting business
Consequently, 69% of law firms see Deloitte, PwC, KPMG and EY as major threats to their market share, following successful forays into a host of other segments by the gang of four.
07/10/2018
Bank queries appointment of Grant Thornton as Goldman auditor
Goldman Sachs has held discussions with Grant Thornton, the fifth largest audit firm by fee income in Britain, as the bank approaches a review of its audit relationship in the UK in 2022.
07/10/2018
Objective of the Guernsey Green Fund
Any class of Guernsey fund can notify of its intention to be designated a Guernsey Green Fund whether registered or authorised, open-ended or closed-ended providing it meets the eligibility criteria
07/10/2018
Old Mutual International under fire for allowing high-risk investments in offshore wrapper
It is understood some of the funds held within the wrapper have lost significant value, with the claims manager targeting Old Mutual International as the facilitator through the wrapper.
07/09/2018
AC Milan owner fails to repay Elliott Management
Italian club close to being taken over by hedge fund that financed original deal
07/09/2018
GFH to pursue David Haigh's Dubai and London assets in damages enforcement
Collection of damages awarded to GFH will impact company's 2018-19 results
07/09/2018
Putting fund managers through the stress tests
The ploy proved particularly effective with banks and now there is a chance for a repeat
07/09/2018
FCA gets it right by banning Steven Cohen
UK regulator’s move to block the disgraced hedge fund manager is bang on the money
07/09/2018
Ogier tops offshore table for European M&A firms
Ogier has also been ranked in tenth place in the Japanese league table for M&A work
07/09/2018
The impact of GDPR on divorce proceedings
Understand the impact of GDPR on divorce proceedings.
07/08/2018
EU warns Cyprus of fiscal risks as it battles to contain bank crisis
The government has issued 2.35 billion euros (2.7 billion U.S. dollars) in government bonds to facilitate the sale of the "good part" of the CCB to Hellenic Bank
07/06/2018
HMRC unit hunts for ‘hidden’ offshore assets of the wealthy
839 investigations into UK taxpayers hiding money offshore opened last year
07/06/2018
EU lawmakers back plan for European Investment Bank work in Iran
The European Parliament overwhelmingly blocked a motion by far-right lawmakers seeking to prevent the European Commission from lifting restrictions on the EIB in Iran
07/06/2018
Credit Suisse pays U.S. $77 million to settle Asia hiring corruption probes
Credit Suisse was accused of violating the Foreign Corrupt Practices Act by hiring and promoting dozens of people connected with Asian government officials from 2007 to 2013
07/06/2018
Platforms to engage closely with regulator over outages
An Aviva spokeswoman said: "We will study the discussion paper in detail and we look forward to engaging constructively with the regulators on these important issues."
07/06/2018
Ogier advises on £162m sale of Sterling portfolio
We are delighted to see how the hard work of all those involved over the past three years has resulted in the portfolio's successful sale.