01/24/2017
Kazakh cenbank says merger talks begin between Halyk and KKB
Oleg Smolyakov, central bank deputy chairman, said in a statement the banks should get the regulator's approval prior to the deal.
Legal, Regulation & Compliance
01/24/2017
Asset managers starting to fret over Mifid II impact on research
The refreshed regulations due to take effect from January 2018 aim to increase transparency and unbundle research fees from trade execution fees.
01/24/2017
Italy’s Generali buys 3% of Italian bank Intesa in defensive move
According to Italy's cross-shareholding regulations, a company cannot hold more than 3 percent of another entity's voting rights if the latter already has a stake of more than 3 percent in that company.
01/24/2017
AJ Bell boss urges return of cash rebates in industry talks with FCA
He also believes the FCA’s interim report on the asset management market.
01/24/2017
Appleby assists in £115 million UK property deal
The properties acquired are in Greater Manchester, Peterborough, Maidstone, Leicester and Banbury
01/24/2017
Private equity firm backs Halesowen insurance firm's management buy-out
Tim Smallbone and Jonathan Ma will join MyPolicy's board on completion of the deal.
01/24/2017
Pension scheme operators are at risk from smarter scams
We want firms to be aware of the current threats and encourage them to review the effectiveness of their systems and controls.
01/24/2017
Advising on pension transfers – our expectations
Transferring pension benefits is usually irreversible.
01/23/2017
108,000 Expats Have A QROPS, So Why Haven’t You?
QROPS rules can facilitate this with the help of an estate planning lawyer.
01/23/2017
Northern Trust: Asset Owners are Caught in a "Liquidity Conundrum"
Northern Trust's white paper, which details the challenges and unintended consequences from a number of regulations and profiles the impact of market uncertainty and a difficult macro-economic environment for cash investors, also calls for action.
01/23/2017
Royal Bank of Scotland Rights Issue Litigation
The Court also refused to treat the interview notes as working papers of the lawyers.
01/23/2017
EU watchdog tells FS firms to focus on blockchain security risks
A World Economic Forum report reveals that over one billion euros are invested in blockchain technology startups.
01/23/2017
Walkers Advises Listed Bank on the Launch of New Private Equity Fund
The fund will focus on private equity investments aimed on high growth technology companies in Russia and elsewhere.
01/23/2017
Greece-US deal on tax compliance and foreign bank accounts
Finance Minister Euclid Tsakalotos and U.S. Ambassador to Greece Geoffrey Pyatt signed on Thursday a bilateral agreement to improve international tax compliance and the implementation of the law on Foreign Account Tax Compliance Act
01/23/2017
Broker note for troubled IFA at odds with FCA notice
Earlier this month, Cheltenham-based Bank House was told by the FCA it must not carry out any regulated activity after it failed to comply with earlier voluntary restrictions to stop Sipp switches.
01/20/2017
State-backed British bank rebuffs government push to boost Iran trade: sources
In recent months British officials have sought to boost business ties with Iran
01/20/2017
Investors win first trial of class action suit against Deutsche Bank
The investment product was linked to the performance of underlying shares of KB Kookmin Bank and Samsung Electronics.
01/20/2017
Linklaters and Sidley step up for roles on Bank of Cyprus London Stock Exchange listing
Magic circle firm leads for HSBC on Bank of Cyprus London IPO
01/20/2017
Deutsche Bank Sued in U.S. by Jewish Trust Over $3 Billion
All proceedings initiated against Deutsche Bank in this matter have been decided in favor of Deutsche Bank.
01/20/2017
KWM arises from the ashes in Europe
All seven of the partners who will head up KWM Global’s London office have been retained from the now defunct legacy SJ Berwin business.