03/21/2018
European Authorities Urge Financial Firms to Keep Planning for Brexit in 2019
The heads of European supervision of the banking industry are continuing to insist that banks need to commit to setting
Legal, Regulation & Compliance
03/21/2018
Malta endorses EU tax crackdown
The backing of the amendment follows the release of the EU blacklist in December, which has drawn criticism for not including any EU states.
03/21/2018
Bahamas Must ‘Leverage’ Eu Listing Into Opportunity
She added that the EU ‘blacklisting’ would also give greater impetus to tax reform discussions, especially the potential introduction of a corporate income tax, which the financial services industry had been seeking government talks on “
03/21/2018
Fair Taxation: Commission puts in place first EU counter-measures on listed non-cooperative tax jurisdictions
The Commission also calls on international financial institutions and other bodies involved in the management of the EU budget to review their internal policies on non-cooperative jurisdictions in the course of 2018.
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
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.