01/02/2018
Gibraltar launches blockchain regulatory first
The team expect to be very busy in the coming months, and are looking forward to working on some interesting and innovative ideas with applicants.
Legal, Regulation & Compliance
01/02/2018
Watchdog punishes City with tenfold rise in fines
Last year’s rise in penalties was largely the result of the £163 million fine imposed on Deutsche Bank in January
01/02/2018
Manchester investment banker arrested in fraud case
Benji Silverstone in custody since December 19 on suspicion of conspiracy to defraud
01/02/2018
MiFID II: FCA updated webpage on change of legal status
New application forms for Change of Legal Status regarding MiFID firms
01/01/2018
Ex-law firm partner is top pick to head City regulator
An announcement on the appointment, which ultimately is made by the chancellor, could come as soon as tomorrow, according to Sky News, which first reported Mr Randell’s candidature.
01/01/2018
Europe begins countdown to day of the Mifid
Sweeping changes to EU rules on financial instruments come into force on January 3
01/01/2018
Brussels prepares for battle over EU budget contributions
Europe tensions will hinder efforts to convince net contributors to increase funds in 2020s
12/30/2017
Russia sentences fund head
Browder, who has dismissed the allegations against him, said on Twitter on Friday the ruling was President Vladimir Putin’s reaction to his efforts to get five countries, including the United States, to impose so-called Magnitsky sanctions against R
12/28/2017
EU Regulators Pushing For Cross-Border Bank M&A
Advocates of market consolidation say mergers and acquisition (M&A) activity will help continue to shrink a crowded, fragmented market.
12/28/2017
FCA concerned over drawdown FSCS levels
"This was particularly illustrated by the new freedoms associated with pension products."
12/27/2017
Rotherham Law Firm Launches Major Expansion Programme
Two of the New Offices are Located in Sheffield and the Third is in London
12/27/2017
EU introduce changes banking legislation
The new legislation will require banks to build application programming interfaces which will give third parties secure access to their data.
12/26/2017
Full extent of multi-billion dollar bank heist's links to Scottish firms revealed
Much of the 'dirty' cash was funnelled through anonymous Scottish and other UK shell firms.
12/26/2017
Europe’s banks brace for a huge overhaul that throws open the doors to their data
Britain's Competition and Markets Authority has set out similar plans to let customers share their data with other banks and third parties.
12/25/2017
Luxembourg Corporate – publication of the renumbered law
The Regulation also updates certain European legislative references embedded in the Law.
12/22/2017
Russia to extend offshore wealth amnesty
He added that the President noted the need of improvement of the investment climate, reduction of administrative barriers and increase of labor productivity.
12/22/2017
Herbert Smith Freehills - Financial regulation update
Draft Financial Services and Markets Act 2000
12/22/2017
Bank compliance-cost explosion will abate in 2018
Two large outstanding pieces of the regulatory jigsaw should fall into place
12/22/2017
Coutts to compensate Sipp investor over poor advice
I appreciate any past performance is not necessarily indicative of future performance and that there were no guarantees given.
12/21/2017
PRA approach to the authorisation and supervision of international banks, insurers and CCPs
The Bank of England (BoE) has announced that it is consulting on its approach to the authorisation and supervision of international banks, insurers and central counterparties (CCPs) as the UK redefines its relationship with the EU.