01/03/2018
ECB governor calls for tax, regulation on bitcoin
Bitcoin is perhaps the best known and most popular virtual currency and its value surged as high as $19,500 in December
Legal, Regulation & Compliance
01/03/2018
EU member states endorse new clearing delay for pension funds
They argue that having to post cash as collateral for centrally cleared derivative transactions would hurt their returns, and that they should be allowed to post government bonds as collateral.
01/03/2018
Former Och Ziff hedge fund executive indicted for fraud in Africa investment scheme, prosecutor says
The indictment was unsealed Wednesday by federal prosecutors in Brooklyn.
01/03/2018
Statement on transitional arrangements for trading venues under MiFIR Article 54(2)
The Financial Conduct Authority has received applications under Article 54(2) from the trading venues ICE Futures Europe and the London Metal Exchange.
01/03/2018
Wealth manager forced into administration after court loss
In a statement, PCR, the administrators of Full Circle, said all client money is in segregated accounts and so not in jeopardy.
01/03/2018
Ex-UBS Trader Says Bank ‘Mandated’ Conduct That Led to Libor Ban
The FCA has handed out hundreds of millions of pounds in fines -- including a 160 million-pound ($217 million) penalty for UBS
01/03/2018
Monaco introduces bill on blockchains
Namely to develop a new business sector in the Principality and attract many companies which are today looking for a flexible, modern and pragmatic regulatory framework.
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.
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.