03/21/2017
Herbert Smith Freehills - Financial regulation update
IBA LIBOR Code of Conduct: Contributing banks – Issue 4
Legal, Regulation & Compliance
03/21/2017
Culture in financial institutions: it’s everywhere and nowhere
Speech by Andrew Bailey, Chief Executive of the FCA, at the HKMA Annual Conference for Independent Non-Executive Directors.
03/21/2017
FCA investigating Redcentric after accounting errors
Independent review commissioned by Redcentric has now finished, with the FCA and FRC now launching their own investigations
03/21/2017
Insurance supervision at the PRA – speech by Sam Woods and report by the IEO
The UK has a world-leading insurance sector.
03/21/2017
Classic cars, booze and planes: FCA gives investors in HNW Lending tax-free status
Today, the Financial Conduct Authority (FCA) and HM Revenue & Customs (HMRC) gave HNW the approval to offer the lending as part of an Innovative Finance Isa (Ifisa).
03/21/2017
Fairstone to buy three more firms
The biggest threat to small IFAs is professional indemnity insurance and the Financial Services Compensation Scheme.
03/21/2017
Justice Dept. closed investigation into Deutsche Bank currency manipulation
The Justice Department would not comment on its decision to close the investigation.
03/21/2017
What the first Jersey insolvency case of its kind in 40 years means for the back door to English administration
We consider some of the salient points from the saga so far.
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?
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.