03/20/2018
BNP Paribas Asset Management becomes Climate Bonds Partner
We provide guidance to the market through our innovative engagement approach with green bonds issuers
Legal, Regulation & Compliance
03/20/2018
Revised time limits for discovery of offshore non-compliance in offshore arrangements
Currently HMRC have four, six or 20 years (for mistake, careless or deliberate behavior respectively) to assess tax that is due.
03/19/2018
G20 urged to adopt common regulations for cryptocurrencies
It is understood discussions on cryptocurrencies will take place across both days between finance officials from G20 members.
03/19/2018
Regulating innovation: a global enterprise
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Innovate Finance 2018.
03/19/2018
Transforming culture in financial services
Speech by Andrew Bailey, Chief Executive of the FCA, at the Transforming culture in financial services conference.
03/18/2018
Tax Challenges Arising from Digitalisation: More than 110 countries agree to work towards a consensus-based solution
The members of the OECD/G20 Inclusive Framework on BEPS will work towards a consensus-based solution by 2020, as set out in their Interim Report on the Tax Challenges Arising from Digitalisation released today.
03/16/2018
FCA speech: Chairman outlines FCA accomplishments & future challenges
Speech by John Griffith-Jones, Chairman, FCA, delivered at an event hosted by TheCityUK at Linklaters LLP, London.
03/16/2018
Outlining the FCA’s approach to authorisation
Speech by Sarah Rapson, Director, Authorisations at the Association of Professional Compliance Consultants Annual Conference.
03/16/2018
Fos in talks over collapsed wealth manager
The claims registered with the Fos are listed as one of the firm's liabilities.
03/16/2018
EBA publishes its Roadmap on FinTech
In all of this work, the EBA will leverage knowledge and expertise in the EBA's new FinTech Knowledge Hub.
03/16/2018
U.K.'s Biggest Banks Face Higher Capital Hurdles in Stress Test
Bank of England publishes statement from FPC’s March meeting
03/16/2018
Former star trader pleads guilty over Euribor rigging
His plea comes only weeks before what would have been his London High Court trial with five others accused of involvement in the manipulation of Euribor
03/16/2018
Millionaire banker fights to stop his wife divorcing him
During that time she had 'appropriated' almost £800,000 from their Swiss bank accounts, he claims
03/15/2018
Deutsche Bank fined for regulatory breaches in Hong Kong
The companies have agreed to submit an internal report to the regulator after 12 months to ensure implementation of remedial measures.
03/15/2018
UBO Register of Trusts The EU's 5th Anti-Money Laundering Directive
This article briefly sets out the changes we can expect, particularly in respect of trusts.
03/15/2018
Trusts and Protectors - A Russian Tale
Appleby Guernsey’s Dispute Resolution and Private Client & Trusts teams review this important decision and the impact in the Channel Islands.
03/15/2018
FCA webpage on closet trackers
Closet trackers and closet constrained funds look like and charge fees similar to active funds.
03/15/2018
Outgoing FCA chair warns against crypto harm if not regulated
‘In 2013, I believed, along with many others, that London had, since the end of the Second World War, successfully made the transition from a financial centre of necessity to a financial centre of choice.'
03/15/2018
ESAs weigh benefits and risks of Big Data
The report concludes that Big Data brings many benefits for the financial industry and consumers, such as more tailored products and services, improved fraud analytics, or enhanced efficiency of organisational internal procedures.
03/14/2018
The UK is “very close” to a Brexit deal securing rights of EU citizens
“No citizen will be victim of Brexit”