10/10/2017
EU Markets Watchdog Urges Firms to Prepare for New Trading Rules
Many market participants already have LEIs under EU rules already in force.
Legal, Regulation & Compliance
10/10/2017
Vatican Bank seeks damages in Maltese court
Since the election of Pope Francis in 2013, the IOR is reported to have closed thousands of accounts as part of a major clean-up effort.
10/10/2017
UBS to appeal against ruling in French tax case
UBS has disputed the allegations of wrongdoing.
10/10/2017
France hardens stance against higher bank capital requirements
The argument is holding up a whole swath of long-awaited reforms intended to stop banks gaming exiting post-crisis rules.
10/09/2017
Former Rangers boss Walter Smith sues financial expert over pension cash
The Ibrox legend has started proceedings against Neil Caisley over money paid into a fund during his time as Everton manager.
10/09/2017
Make companies put workers on boards, says pension fund chair
Forcing companies to appoint workers to their board will prevent scandals emerging.
10/09/2017
The retreat from globalisation: threats and opportunities for financial market infrastructures
One of the main topics concerning the payments industry and its market infrastructures is the UK’s impending exit from the European Union.
10/09/2017
Walker Crips to ethically screen UK equities
The portfolios will have the ability to screen companies for Sharia compliance and those which comply with the UN Global Compact.
10/09/2017
Former Conservative party treasurer wins Luxembourg bank case
David Rowland faced claims he had promised an option on bank stake while on board yacht
10/09/2017
EU Probes Bank Industry as Firms Gird for Data-Sharing Law
Lawmakers in Brussels have supported innovation as a way to provide consumers with more choices in financial services.
10/07/2017
Asset Management Regulatory Roundup - October 2017, Issue 7
This issue includes details on ESMA's updated Q&As on the Benchmark Regulation and European Commission delegated regulations
10/06/2017
Herbert Smith Freehills - Financial regulation update
PRA consultation on groups policy and double leverage
10/06/2017
BNP Paribas Securities Services introduces triparty collateral management service
Our solution makes the most of our extensive custody network to enable us to mobilise collateral quickly and securely.
10/06/2017
Iceland PM sold bank assets hours before financial crash, leaks show
Exclusive: Bjarni Benediktsson, current Iceland leader, sold millions of króna of Glitnir assets before state took control in 2008
10/06/2017
Isle of Man fights back against fraud
The Act puts in place similar laws to those of the UK.
10/06/2017
New Corporate Offence - Failing to prevent tax evasion
Following the Panama Papers Scandal, HMRC is under the spotlight to drastically improve its performance in tackling tax evasion
10/06/2017
UBS wins £11bn investment mandate from UK councils
Swiss group fends off LGIM, Deutsche AM and BlackRock for pooled-pensions contract
10/05/2017
Herbert Smith Freehills - Financial regulation update
FCA report on rates of return for prescribed projections
10/05/2017
Former finance minister Tonio Fenech gets MFSA reprimand over Falcon Funds fiasco
Tonio Fenech and two other directors are now prohibited from taking any new appointments in licensed financial services activities for two years
10/05/2017
Germany's 'James Bond' found guilty of tax evasion
Mauss had denied the charges and claimed the accounts were set up to channel funds used in operations to free hostages.