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.
Legal, Regulation & Compliance
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.
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.
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