02/17/2017
Norway revises rules for dipping into sovereign wealth fund
Jensen said the government had consulted a number of external experts before opting to raise the equity investments to 70 per cent.
Legal, Regulation & Compliance
02/17/2017
Guidance to Cyprus Investment Firms on communications with clients
It must be provided by authorised and qualified employees of the appropriate department.
02/17/2017
A view from Jersey and Guernsey
As a result, the MLP should simplify local regulatory requirements for structures which choose to be AIFMD complaint.
02/17/2017
MIFID II – product governance provisions
How will the FCA’s proposals for the implementation of the MIFID II provisions on product governance impact manufacturers and distributors?
02/17/2017
HBoS fraud convictions
The HBoS fraud case ended on 2 February with convictions and lengthy sentences being passed on at Southwark Crown Court
02/17/2017
EU parliament’s request for derivatives stress test is a signal that must be heeded
Europe must instead provide a unitary and coherent response to the problem.
02/17/2017
German financial watchdog ups charm offensive to woo firms post
Companies can make use of extensive outsourcing possibilities which fulfil BaFin's supervisory requirements.
02/17/2017
Alliance Trust Shareholder Action Group warns institutional investors risk putting company 'back at square one'
Urges shareholders to vote for proposals
02/16/2017
European NPL deals to surge under pressure from policymakers
Sales set to nearly double this year as ECB encourages banks to resolve bad loans
02/16/2017
Provisca brings UK standards to int’l pension transfers
The QROPS Bureau panel includes providers in all of the major jurisdictions.
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.