02/16/2017
Provisca brings UK standards to int’l pension transfers
The QROPS Bureau panel includes providers in all of the major jurisdictions.
Legal, Regulation & Compliance
02/16/2017
Harneys is providing corporate and trust services in Cyprus
Harneys Fiduciary is headed by Emily Yiolitis, founding partner of Harneys in Cyprus and Global Head of the firm’s Tax and Regulatory practice.
02/16/2017
Can fund managers do more to secure the public’s confidence?
The sector needs to paint a picture of sunlit uplands in which retirement savers can access practical guidance and affordable products with Government nudges.
02/16/2017
The best way to invest for income in Europe right now
Rising bond yields mean that banks can earn more return from that slug of their assets.
02/16/2017
Royal Bank of Scotland accused of fraud and forgery
The employees who forged the complaints were from the bank's Group Compliance Unit.
02/16/2017
Deutsche Bank examined Trump's account for Russia links
Bank looked for evidence of whether loans to president were underpinned by guarantees from Moscow, Guardian learns
02/15/2017
Warning over resilience of European repo market
Industry body worried by unprecedented volatility in funding markets at end-2016
02/15/2017
Italy in talks with EU over possible 5-billion euro state bailout for Veneto banks-sources
The scheme being discussed would be a precautionary recapitalisation of the two banks
02/15/2017
Central bankers take up arms against protectionism
Protectionism will only lead to a loss of prosperity for all
02/15/2017
ESMA Sounds Alarm Over Possible MiFID II Loophole
The European Securities and Markets Authority has urged the European Commission to investigate whether investment firms are gaming the system on share trading.
02/15/2017
Distinction between advice and guidance becoming greyer
Rules that were designed for the paperwork era do not work necessarily for the online one.
02/15/2017
Central bankers take up arms against protectionism
Global trade remains subdued due to an increasing tendency toward protectionist policies and heightened political tensions.
02/15/2017
Top Bank of Spain officials resign over High Court probe into Bankia IPO fiasco
Three executives said they would step down just hours after being called in for questioning by judge
02/15/2017
French bank Natixis under investigation over subprime losses
Natixis had to be rescued from a near-collapse during the global financial crisis of 2007-2008 by its cooperative retail-banking parent BPCE.
02/15/2017
Spain's Pitch to Brexit Banks May Get Boost From Bankia Probe
The Bank of Spain and the CNMV both said their officials have done nothing wrong.
02/15/2017
FCA reviews effectiveness of UK primary capital markets
The FCA has also launched a consultation on proposed technical enhancements to the Listing Rules.
02/15/2017
What makes good conduct regulation?
Speech by John Griffith Jones, Chairman at the FCA, delivered at the Cambridge Judge Business School.
02/15/2017
10 people have been arrested in connection with a €25 million international gold smuggling ring
The group members are accused of being part of a criminal organisation involved in gold laundering in Italy.
02/15/2017
EU Panama Papers Inquiry Chief Condemns U.K. No-Show
It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee
02/15/2017
All Canadian schemes removed from HMRC Rops list
The three Canadian Rops, all run by the Bank of Montreal, were the only ones left after a cull by HMRC in November 2016 saw more than 60 schemes removed.