03/21/2017
Escaping from mistakes as to tax consequences in Guernsey – Gresh v RBC Trust Company revisited
What was the legal test set out by the Supreme Court in 2013?
Legal, Regulation & Compliance
03/21/2017
Coutts and Barclays embroiled in $740m Russian laundering claim
The Organized Crime and Corruption Reporting Project (OCCRP) broke the story of the Laundromat in 2014, but recently the reporters from OCCRP and Novaya Gazeta in Moscow obtained a wealth of bank records which they then opened to investigative reporters i
03/21/2017
Danske Bank, Nordea say cooperating with authorities in money laundering probe
At the time, our systems and procedures in Estonia were insufficient to ensure that we could not be used for money laundering
03/21/2017
Berwin Leighton Paisner pulls out of trade marks with nine-strong team to join Bristows
IP head to leave with trade marks team as BLP refocuses on core sectors
03/21/2017
MEPs in fact-finding trip to #US to probe into #TaxAvoidance practices
The lack of transparency when it comes to the beneficial ownership of companies is mind-boggling.
03/21/2017
Gibraltar in danger of losing Qrops status
Gibraltar must put in place a system for regulating personal pensions in just over two weeks to enable the jurisdiction’s Qrops to retain their status and continue to operate in the market.
03/21/2017
Gibraltar in danger of losing Qrops status
Gibraltar must put in place a system for regulating personal pensions in just over two weeks to enable the jurisdiction’s Qrops to retain their status and continue to operate in the market.
03/20/2017
Herbert Smith Freehills - Financial regulation update
BoE FinTech Accelerator community
03/20/2017
Officials draw up rescue plan for Co-op Bank
If a rescue is not forthcoming, the PRA would step in and force the bank into resolution, which would result in it being wound up.
03/20/2017
Small Italian Investors Are Trembling At MiFID II
The reason is represented by the new MiFID II, the European directive on markets and financial instruments.
03/20/2017
Credit Suisse set to decide in April on Swiss bank IPO
Credit Suisse has pencilled in the IPO for the second half of this year, market conditions permitting and subject to board approval.
03/20/2017
Currency Traders Race to Reform Last Look After Bank Scandals
But not all are on board.
03/20/2017
How close are we to a Capital Markets Union?
The author of this ECMI Commentary, the impact of Brexit and the French and German national elections on CMU remains to be seen.
03/20/2017
Who can still follow?
It states that it represents a faithful implementation of international standards into Union law.
03/20/2017
Gay hedge fund manager withdraws £1million claim against his former employer.
Balyasny has always maintained that it is an equal opportunities employer with an open, collegial and supportive culture.
03/20/2017
The European banking sector's potential
Term deposits keep paying the same amount, despite increases in interest rates
03/20/2017
London lobbies for lower taxes to stop exit of financial services companies
City wants to stop flow of business to Dublin and Luxembourg by cutting taxes and allowing for looser regulation
03/19/2017
Nordea, Handelsbanken to face no new punishment over Panama Papers scandal
Nordea and Handelsbanken were fined 50 million Swedish crowns ($5.7 million) and 35 million crowns respectively in 2015 for breaching money laundering rules.
03/17/2017
Herbert Smith Freehills - Financial regulation update
FCA regulation round-up
03/17/2017
HSBC's Gulliver Faces Tax Probe After Losing Court Ruling
Her Majesty’s Revenue & Customs isn’t making any allegations of impropriety against the HSBC CEO.