04/05/2018
The Maltese connection with Iran sanctions busting
An investigative reporter’s killing has shone new light on a shadowy deal she uncovered
Legal, Regulation & Compliance
04/05/2018
FDIC Slams European Banks' Libor-Rigging Defenses In UK
The FDIC, an independent agency that oversees the U.S. banking sector, is suing several European banks
04/05/2018
Legal Entity Identifiers: The Cyprus perspective
Cyprus has given full effect to MiFID II through the enactment of the Investment Services and Investment Activities
04/04/2018
Insurance firms still failing to meet FCA general insurance renewal rules
The rules, introduced in April 2017, require firms to clearly show the insurance premium a customer paid last year alongside their proposed renewal premium.
04/04/2018
GFMA Publishes Cybersecurity Penetration Testing Framework
Global Trade Organization Aims to Facilitate Global Regulatory and Industry Coordination on Cybersecurity
04/04/2018
Case study insights into the UK’s new trust register
The UK’s new trust register is ringing in big changes for non-UK trustees and beneficiaries.
04/04/2018
Fieldfisher launches in Frankfurt
The office will focus initially on the financial services and digital business models in finance.
04/04/2018
Liechtenstein to Avoid 'Excessive' Blockchain Regulation: Prime Minister
"The law is intended to regulate all activities that are possible on technical systems such as distributed ledgers and blockchain systems, and thus provide legal certainty,"
04/04/2018
Ogier advises on the listing of Safe Harbour Holdings plc on AIM
Trading commenced on 15 March 2018.
04/04/2018
Managing the complexity of Luxembourg structuring and product options - Ogier
The use of European labels is an integral part of Capital Markets Union (CMU) and they will grow in importance as CMU develops.
04/03/2018
Nigerian gangs making MILLIONS from phones nicked in UK phone theft epidemic
Sun investigators discovered 'UK used' iPhones for sale in Nigeria's largest city amid Britain's epidemic of moped yobs, often armed with acid, robbing pedestrians of their smartphones
04/03/2018
Leading offshore law firm shortlisted for 'Best Offshore Law Firm' Award
The award rewards firms that have demonstrated a consistently high standard in providing offshore legal services to the hedge fund sector.
04/03/2018
Standard Life platform charges questioned after Phoenix deal
Phoenix has previously told FTAdviser it "will not be changing their terms and conditions in any way", including the fees and charges currently in place for the products.
03/31/2018
HSBC is investigated over £134m ‘tax evasion’ scheme
Ten defendants, including City bankers and financial advisers involved in selling the scheme through Zeus, had previously been charged with cheating the public revenue, an offence that can lead to lengthy custodial sentences.
03/30/2018
HSBC Will Pay $100 Million to Settle Libor-Rigging Lawsuit
Investors claimed HSBC colluded with banks to reduce payments
03/30/2018
Central Bank fines wealth firm
However, the Central Bank said it identified failures by BCWM which has admitted to the breaches regarding necessary arrangements for opening client asset accounts.
03/30/2018
UK Privilege in Internal Investigations Remains in Flux
As UK courts reshape the landscape of privilege law in the internal investigations context, a recent decision offers guidance but not clarity.
03/29/2018
Money laundering in UK property to be probed by MPs
The Treasury Select Committee said it will investigate the scale of money laundering in Britain following claims the UK – in particular the London property market – has become the “destination of choice” to launder money.
03/29/2018
Asset managers snub UK pension fund code on fees
Franklin Templeton, Kames and HSBC among funds yet to back greater disclosure initiative
03/29/2018
Ex-UBS trader loses appeal against confiscation order that forced wife to sell family home
If it were right, the sophisticated criminal would be astute to apply the proceeds of his criminality