11/13/2017
MiFID II research rules concern bond managers
Another part of the rules will enhance pre- and post-trade reporting requirements.
Legal, Regulation & Compliance
11/13/2017
Directors Hit With 15-Year Ban Over $233K 'Bank Scam'
The directors persuaded a U.S. investor to pay €200,000 into a bank account held in Liechtenstein.
11/13/2017
Five jailed for £100m tax scheme scam exploiting celebrities
The scheme was led by 55-year old Michael Richards, an environmental scientist and Cambridge graduate.
11/13/2017
Regulator drops Mifid II research shock on sales forces
‘Simply because it’s coming out of the front office doesn’t mean it’s immediately out of scope,’ Rosenman said.
11/13/2017
MPs urged to pass funds to help those hit by banking crisis
The minister said that the government also proposes utilising specific assets that would add even greater value to the fund.
11/13/2017
NY state regulator fines Credit Suisse $135 mln over forex practices
The agreement is the latest in a string of global regulatory settlements with big Wall Street banks over forex trading practices.
11/13/2017
Bank Of England Takes Over Payments Delivery System
The governance and rulebook for the high-value payment system.
11/12/2017
We’ll all pay a price for these leaks
There are perfectly legitimate reasons for individuals or companies to keep bank accounts private.
11/12/2017
FCA Warns Research Pay Rules Extend to Sales and Trading
Asset managers will have to pay financial institutions directly for research instead of combining the cost with trading commissions.
11/10/2017
Herbert Smith Freehills - Financial regulation update
ESMA: consultation on SI quote rules under MiFID II
11/10/2017
New guards of the City take aim at corporate delinquents
Stewardship, which for years languished in relative obscurity, is now in the spotlight
11/10/2017
FCA orders Capita to return £66m to investors in failed Ucis fund
The Fund was an unregulated collective investment scheme (UCIS) which commenced operation in March 2008
11/10/2017
International law firm to create 50 jobs in latest recruitment drive
The company now employs more than 500 staff at its base in the city.
11/09/2017
Barclays, ex-CEO seek to postpone trial in $1bn lawsuit
In front of a packed courtroom at the Commercial Court in London, they asked that the PCP trial be postponed until the conclusion of the criminal trial, which is scheduled for April 2019.
11/09/2017
Netherlands to investigate 4,000 corporate tax deals
Questions raised over procedures followed in agreement with Procter & Gamble
11/09/2017
Regulator to investigate Dekabank’s planned takeover of Gibson Hotel
German group recently emerged as likely buyer of former Harry Crosbie property
11/09/2017
Herbert Smith Freehills - Financial regulation update
FCA Wholesale Insurance Brokers Market Study
11/09/2017
Swiss Man Who Spied On German Tax Officials Avoids Jail Time
A Swiss Man Who Admitted To Spying On German Tax Officials Was Given A Suspended Sentence And Fined By A German Court
11/09/2017
O’Reilly told Bermuda trust not to contact beneficiary daughters
Businessman’s daughters were unaware of trust’s existence, documents indicate
11/09/2017
'You Can't Cap Fees': FCA's Asset Management Challenge
Asset Management Captured The Thinking Behind Much Of The Regulator’s Recent Work