05/11/2017
Herbert Smith Freehills - Financial regulation update
FCA strategic review of retail banking business models
Legal, Regulation & Compliance
05/11/2017
New Long-Term Reporting Guidance - UK Investment Association
Some states have laws and ethical rules regarding solicitation and advertisement practices by attorneys and/or other professionals.
05/11/2017
BearingPoint launches a MiFID II/MiFIR reporting solution
The revised Markets in Financial Instruments Directive (MiFID II) and the accompanying Markets in Financial Instruments Regulation (MiFIR) take effect on January 3, 2018.
05/11/2017
Deutsche Bank Fined for Delayed Bafin Filing on CEO Changes
Deutsche Bank, led by Chief Executive Officer John Cryan, has resolved legal issues including a settlement with the U.S. Justice Department in December
05/10/2017
A third of Ireland’s shadow banking subject to little or no oversight
Central Bank in struggle to understand world’s fourth-largest shadow banking hub
05/10/2017
FCA turns back on equity release qualification overhaul
Will remain linked to mortgages
05/10/2017
This Is the Five-Word Message That Got a Citigroup Trader Fired
Often winning unfair dismissal rulings because banks were too hasty to dismiss staff as a result regulatory scrutiny.
05/10/2017
Barclays to Pay $97 Million for Overcharging Clients
Barclays also collected excess mutual fund sales charges or fees from 63 brokerage clients by recommending more expensive share classes when less expensive share classes were available
05/10/2017
Spear's rates Withers’ family team in Family Lawyers Index 2017
Recently appointed as head of the London family team after Julian's successful decade at the helm, Suzanne Todd is rated as ‘A superb lawyer who leads by example’.
05/10/2017
Herbert Smith Freehills - Financial regulation update
Future of RTGS services – ECB executive summary and URDs
05/10/2017
The UK company: a new alternative for international investors?
UK companies can also mitigate source withholding tax on the overseas dividend. Mitigation of source withholding taxes on dividends is something offshore companies by and large cannot achieve.
05/09/2017
Ogier partner to speak at Hedge Fund Emerging & Startup Manager forum
The presentation covers the BVI regimes for professional, private, incubator and approved funds and their relative investment thresholds, conversion options and cost base management.
05/09/2017
HSBC Securities Services wins Direct Line mandate
Revenue rose from $363 million to $405 million year over year, and from $391 million quarter over quarter.
05/09/2017
Herbert Smith Freehills - Financial regulation update
FCA policy statement on appropriate qualification exam standards
05/09/2017
IoM eases pressure on life cos over commission disclosure
International insurance companies headquartered on the Isle of Man will only have to spell out to customers how much commission they will have to pay to intermediaries over the life of the product at the end of the sales process.
05/09/2017
Lloyds and five ex-executives to face trial from October over HBOS acquisition
The claimants are comprised of around 300 institutional shareholders
05/09/2017
Spain To Challenge Gibraltar's Sovereignty, Tax System
Gibraltar entered the EU along with the UK in 1973, but remains outside of the EU's VAT, Common Agricultural Policy, or common external tariff regimes.
05/09/2017
UK Sipp giant faces £1.8m tax bill over Guernsey biofuel scheme
The fund put money into projects including a bioethanol plant in the US and a renewable fuels refinery in the UK.
05/09/2017
‘Frustrated’ EU politicians step up pressure on US over Fatca
Members of the European Parliament have asked the European Commission to open talks with the US to make data exchange under the Foreign Account Tax Compliance Act (Fatca) reciprocal.
05/09/2017
Bank Of England To Take Complete Control Of UK Interbank Payment System
This in contrast to similar systems in most countries where the central bank delivers all aspects of the HVPS.