02/06/2017
Government's cloak and dagger tactics masks alarming rise in debt
The Government currently takes 14 months to produce WGA.
Legal, Regulation & Compliance
02/06/2017
Fund managers plan executive pay crackdown to avert need for government intervention
The fund managers agreed to the plans in the context of Theresa May’s plans to crackdown on fat cat pay
02/06/2017
Citizenship for sale controversy
The Cyprus property market could be hit by a fall in property prices if investors granted a Cypriot passport under the citizenship-for-sale scheme decided to sell their property after three years.
02/06/2017
Wealth management rivals team up to promote active model
The formation of the alliance comes against a backdrop of increased interest in low-cost index funds
02/05/2017
DeVere unit stops assisting on UK pension transfers overseas
A spokesman for deVere and Partners (UK) said the consultancy had initiated contact with the FCA, as it looked to comply with new regulatory requirements
02/03/2017
EU Securities Watchdog Updates Derivative Reporting Rules
The bloc’s rulebook for derivatives markets.
02/03/2017
More than £100bn lost through investing in cash ISAs
Money invested in cash individual savings accounts over the last 10 years would be worth £110bn more if it had been put into multi asset funds instead.
02/03/2017
Bird & Bird launches tax disputes practice with five-lawyer team hire from PwC
Bird & Bird has hired a five-lawyer team including one partner from PwC's legal arm
02/03/2017
Herbert Smith Freehills - Financial regulation update
PSD2 – HMT consultation on implementation
02/03/2017
A Question of Honour for UBS
She penned a book about the bank's alleged tax offenses in 2014, which fed France's investigation into UBS.
02/03/2017
Banks advance bond ‘bail-in’ plans under new European rules
Bank of Ireland, AIB to set up holding companies to cushion depositors and taxpayers
02/03/2017
More than 80% of EU's richest bankers based in UK
The report said that this was mainly driven by changes in the exchange rate between euros and pounds
02/03/2017
FSCS declares 23 pension and investment firms in default
Totteridge Car Centre Limited and Megacar UK Limited are also included under the investment category.
02/03/2017
Ex-HBOS banker who 'sold his soul for bling and swag' jailed for 11 years
A consultant who ran Quayside Corporate Services, was jailed for 15 years.
02/03/2017
Deutsche Börse chief probed over €4.5m share deal
Kengeter’s private apartment in Frankfurt was also searched, according to a statement issued by the public prosecutor.
02/03/2017
Germany will not accept tougher rules for its small banks: Bundesbank
An international agreement on new and tougher banking rules, known as Basel III, has been repeatedly delayed
02/03/2017
EBA singles out UK fund manager for €33m bonus
The report noted that the average ratio of variable to fixed remuneration is 468 per cent in asset management
02/02/2017
Cyprus’ CySEC to require transaction reports from licensees in line with ESMA guidelines
The EU mega-regulator announced its guidelines and requirements in late October last year.
02/02/2017
European bank regulators will need "unusual answers" to Brexit -German watchdog
Banks in Britain are already beginning to implement plans to ensure they can continue serving their continental European clients after Brexit, expected in just over two years' time.
02/02/2017
Long-Established Yorkshire Law Firm Opens In Harrogate
The law firm which first opened its doors in Leeds 120 years ago and has now has an office in Harrogate town centre.