02/15/2017
UK fraud watchdogs ramping up use of AI
The use of RAVN’s AI platform appears to be paying off for the SFO.
Legal, Regulation & Compliance
02/14/2017
Guernsey Advances Asian Push
The jurisdiction is keen to promote itself as a financial centre to Asian based clients.
02/14/2017
Insurance Association hits back at Central Bank of Ireland concerns
Others in the industry have accused the Irish Central Bank of scaremongering.
02/14/2017
Herbert Smith Freehills - Financial regulation update
EU Commission speech on the international financial system
02/14/2017
Kames welcomes FCA’s light touch on illiquid assets
The examination of the sector was sparked after the panicked suspension of trading in many property funds following the vote to leave the EU last June, but the FCA stopped short of any suggestion of restructuring the current system.
02/14/2017
Offshore crackdown: a taxing time for the law?
HMRC has a considerable arsenal of powers at its disposal in this battle
02/13/2017
Herbert Smith Freehills - Financial regulation update
FCA DP on illiquid assets and open-ended investment funds
02/13/2017
Asset managers named in list of potential closet trackers
Schroders, Fidelity, JPMorgan, Henderson and Amundi highlighted by campaign group
02/13/2017
RBS ex-vice-chairman joins lawsuit that may put old boss Fred Goodwin in court
Four other investor groups have already settled with the bank over the rights issue.
02/13/2017
The Battle for Global Banking Regulations
If they don't come to an agreement, the global banking system risks a collapse.
02/13/2017
Legal Giant Accused of ‘Systematic & Gross’ Overcharging
He also advises on risk management, internal controls and accountability and other compliance issues.
02/13/2017
Hedge funds face an identity crisis
The industry must come to terms with higher regulatory costs and falling fees in a time of poor performance
02/13/2017
Fat cat Irish bankers earned a total of €50million in pay and bonuses in one year
European figures show 26 Irish bankers earned an average of €1.9million each in 2015
02/13/2017
UK lawmakers urge more reporting rules for large private firms
Citing the collapse of the department-store chain BHS Group Ltd
02/13/2017
Observers wary of FCA illiquid fund rethink
Some emphasised the principal issue remained the disconnect between illiquid assets and open-ended funds offering daily dealing.
02/13/2017
Cayman Finance New York Briefing Reaffirms Cayman As Industry Leader
The jurisdiction's appropriate legislative and regulatory balance.
02/13/2017
Pioneer launches multi asset strategy for fund of funds duo
The Luxembourg-domiciled fund also has the remit to invest across the entire capital market spectrum
02/13/2017
Supreme Court victory for cohabiting partners of unmarried scheme members
It remains to be seen whether the decision affects private sector occupational pension schemes with similar rules.
02/13/2017
Clarke Wilmott lawyer named in Spear’s 500 guide
Spear’s is regarded as the top guide to the sharpest and most experienced advisers, wealth managers and lawyers around today.
02/12/2017
Financial Conduct Authority looking into property fund suspensions
This was headline news when many funds were forced to suspend trading because of liquidity issues as investors ran for the hills.