06/05/2018
German finance regulator six institutions involved cryptocurrency
Six financial institutions in Germany are already “dealing” in cryptocurrency in some form, the country’s finance ministry has confirmed.
Legal, Regulation & Compliance
06/05/2018
IFA and ex-police officer jailed over film tax scam
Terence Potter, 58, a disgraced former accountant, created the illegal scheme for wealthy investors with the four defendants.
06/05/2018
Asset managers accused of breaching EU disclosure rules
619 funds breached KIIDs rules
06/04/2018
Citizenship for sale: how the rich shop for new passports
Citizenship-by-investment programmes offer the super-rich an opportunity to acquire a new nationality
06/04/2018
Known offshore zone may close an anonymous account
This was written by the partner of the legal company Paragon Advice Group, a specialist in tax law Alexander Zaharov.
06/04/2018
Dormant Assets Scheme bolstered by industry leaders
Industry support for new plans to expand the dormant asset schemes
06/04/2018
FCA chief: 'mutual recognition' would suit everyone post-Brexit
UK’s most experienced finance regulator Andrew Bailey is frustrated with EU position
06/04/2018
Clydesdale-owner courts Virgin Money with fresh £4bn merger bid
The two companies are in talks this weekend about using Virgin Money name across their operations, Sky News learns.
06/04/2018
Companies and pension funds must disclose climate change risks to their businesses, say MPs
Current rules encourage short-term thinking while neglecting concerns such as sustainability, says Environmental Audit Committee
06/04/2018
Offshore law firm breaks into top three for LSE clients
The Corporate Advisers Ranking Guide show that with 101 LSE listed clients, Carey Olsen has comfortably more than double the number of the next nearest offshore law firm.
06/04/2018
Russian police considers putting Deutsche Bank ex-top manager on wanted list
Wiswell was responsible for transferring ‘dirty’ money from Russia through Deutsche Bank.
06/04/2018
Law firm Mogers Drewett launches specialist financial planning partnership
“By offering a combined financial and legal advice package, we aim to provide a fully-rounded service with the best possible advice, all under one roof.
06/04/2018
Struck-off adviser cheats investor out of £35k
The defendant had fobbed the investor off with excuses whenever he asked for his money back
06/01/2018
ECB: Financial Stability Review May 2018
The financial stability risk index (FSRI) predicts the near-term recessionary effects of financial stress
06/01/2018
E-money Directive: Falkenhahn AG v the Liechtenstein Financial Market Authority
The provisions of the Electronic Money Directive that are relevant to the present case contain references to two other directives.
06/01/2018
EFAMA publishes new Stewardship Code
The EFAMA Stewardship Code highlights how, through stewardship, asset managers can encourage best business and management practices in companies on environmental, governance, human rights and social challenges.
06/01/2018
STM Gibraltar review set to finish in ‘coming days’
In a statement on its website earlier today (1 June) STM said it was still working with Deloitte, which is carrying out the review, and the Gibraltar Financial Services Commission in order to finalise the ‘skilled person report’ which is simil
06/01/2018
Cayman Islands: UK ‘will consider’ constitution changes
No walking back ‘act of parliament’
06/01/2018
BASEL III: Complying with disclosure requirements, pillar three
At SS&C, we have developed a solution for asset managers that incorporates all template requirements as well as other plausible data requirements
05/31/2018
FCA changes could fail to budge pre-RDR investors
Financial Conduct Authority changes that allow asset managers to more easily switch investors between share classes could still see a minority of investors refusing to budge.