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Legal, Regulation & Compliance

02/09/2017

FCA issues warning over poor DB pension transfer advice

Left them at serious risk of unsuitable outcomes.

02/09/2017

Capgemini Announces Open Banking Solution for PSD2

Solution Helps Banks and Payment Service Providers Create New Digital Opportunities from PSD2 Compliance

02/09/2017

Bespoke Brexit deal for financial services challenging

The only solution that could potentially take into account all those issues and sensitivities would be a bespoke deal for financial services.

02/09/2017

Ex-IMF chief Rato, already in dock, accused of 'tax fraud'

Half of the undeclared income was concealed deliberately in a tax evasion system

02/09/2017

Duo to earn at least $166m from stock exchange merger

Meanwhile, Deutsche Börse, which has given Linklaters the mandate, is expected to spend about $77m on legal advice.

02/09/2017

Central Bank expresses concern over Gibraltar passporting its services to Ireland

The Financial Services Commission is believed to have taken up the invitation to explain its processes to the authority.

02/09/2017

Aviva offloads stake in life insurance joint venture

With regulatory approval already received, the sale is expected to close on 1 April.

02/09/2017

CIBC Opts for Wolters Kluwer’s Regulatory Reporting Hub in Asia and UK

The bank has specifically signed up to use Wolters Kluwer’s OneSumX Regulatory Reporting, including the firm’s Regulatory Update Service.

02/09/2017

European Regulators Explain How Blockchain Can Benefit Financial Markets

ESMA believes the technology promises more efficient post-trade services, enhanced reporting capabilities and reduced costs.

02/09/2017

Chris Blackhurst: Why Lloyds must compensate HBOS victims promptly

Scourfield and his cronies from HBOS and Quayside were last week found guilty of fraud

02/09/2017

Royal London: Roll back regulations on micro pension pots

Webb also told Money Marketing that launching a new guaranteed drawdown product was now being taken “quite seriously” by the firm.

02/09/2017

Top firm said shutting down business as part of investment banking overhaul

Deutsche Bank had slid to 13th place among banks in that clearing business, the Financial Times said in a report on the plan Wednesday.

02/09/2017

Germany pulls some gold reserves from U.S., France

The Bundesbank aims to store half of Germany's gold reserves in its own vaults in Frankfurt by 2020.

02/08/2017

European Central Bank head warns on Trump deregulation push

Responding to questions from the members of the parliament’s economic and monetary affairs committee.

02/08/2017

ECB seen approving Italian bank merger with state support

The two loss-making lenders need more capital to cover losses from expected fresh loan writedowns.

02/08/2017

LLP latest: spending spike and debt increase underlines tough year for Ashurst

The drop followed 2014/15's 4% decrease following its merger with Blake Dawson in 2013.

02/08/2017

GLS Bank Launches Crowdfunding Platform in Partnership with CrowdDesk GmbH

The legal basis for investment crowdfunding is provided by the German Investment Provisions Act.

02/08/2017

Freshfields and Linklaters set to earn at least £102m from LSE/Deutsche Boerse merger

Magic circle duo to rake in more than £100m in legal fees

02/08/2017

Four found guilty of £160m financing fraud targeting Barclays and KBC

H2O supplied fibre-optic internet cable connections and its unique selling point was to use sewers as channels for its cable network.

02/08/2017

BME Strengthens Its MIFID II Range Of Services

These agents and services are part of the new regulation established by the MiFID II European Directive, which will enter into force in January 2018.

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