01/02/2017
Torquay man jailed for eight years for fraud in Cambodia
The Briton has strenuously denied any wrongdoing and campaigners have called for his release.
Legal, Regulation & Compliance
01/02/2017
Stage is set for US watchdog to create first whistle blowing millionaire in Ireland
The US Securities and Exchange Commission has received 65 tip offs from people in Ireland
01/02/2017
Central Bank puts squeeze on German broker
The Central Bank has told Raisin it cannot operate in Ireland, however, even though it is free to operate in other parts of Europe, where it has 50,000 customers.
01/02/2017
Silence over Greek debt bank scandal instills despair
Every day the foreign press described in the bleakest terms the economic situation in Greece, forecasting that the haircut of the Greek public debt was inevitable.
01/02/2017
Dublin still hoping to reap Brexit windfall in financial services
Central Bank says it is helping UK based firms ‘think constructively’ about relocating to Ireland
12/30/2016
Hans Tietmeyer, onetime head of Germany’s central bank, dies at 85
Mr. Tietmeyer contributed to designing the Stability and Growth Pact that still forms the basis for Europe’s common currency.
12/30/2016
Law firm worker admits £56,000 fraud and embezzlement
The fraud was uncovered when solicitors Thorntons audited Jackson's clients' accounts after her resignation
12/30/2016
High Court allows appeal against the Pensions Ombudsman
Police and Crime Commissioner for Greater Manchester v Butterworth and Anor 2016
12/29/2016
Implementation Of ESMA Guidelines On Sound Remuneration Policies
The guidelines will take effect from 1 January 2017.
12/29/2016
FCA hands out fines totalling just £6.3m in its first half
Penalties imposed by City watchdog fall to 2007-08 levels amid leadership handover
12/27/2016
Protectionist Walls Are Popping Up…Around Banks
Financial regulators are increasingly focusing on shoring up their local banking systems
12/27/2016
Italian bank bailout ‘may breach EU regulations’
“For the measures planned by the Italian government the bank has to be financially healthy at its core. The money cannot be used to cover losses that are already expected,” he told the German newspaper Bild.
12/27/2016
Royal Bank of Scotland hit by year of scandals
RBS was also hit with another mis-selling settlement in the US and has been weighed down by fears over the potentially mammoth cost of outstanding claims in America.
12/27/2016
Zurich Cantonal Bank agrees to pay €5.7 million fine
The bank’s international push for growth has led to other problems, most notably a criminal investigation in the United States into allegations that the bank helped US citizens evade taxes.
12/26/2016
Brexit blow as top lawyer admits it could take 10 YEARS to leave EU
By DARREN HUNT PUBLISHED: 10:00, Sun, Dec 25, 2016 | UPDATED: 11:14, Sun, Dec 25, 2016 10 98 While Theresa May has vowed to trigger Article 50 – the formal process which begins Britain's exit from the EU – by April, 2017, ex
12/23/2016
Deutsche Bank reaches $7.2 billion settlement with DOJ on mortgages case
The settlement marked the first in a possible string of mortgage-related resolutions or lawsuits by the DoJ for European banks.
12/23/2016
Herbert Smith Freehills - Financial regulation update
Directive on countering money laundering by criminal law
12/23/2016
Swiss Raiffeisen group pays no penalty in talks with U.S. DOJ
As one of the Swiss financial institutions that had not committed any offenses under U.S. tax law.
12/23/2016
United States Sues Barclays Bank
The detailed allegations in the complaint describe Barclays’, Menefee’s, and Carroll’s misconduct in connection with RMBS securitizations Barclays underwrote between 2005 and 2007.
12/23/2016
ABN AMRO Press Release: Kees van Dijkhuizen receives regulatory approval as CEO of ABN AMRO
The appointment of Mr van Dijkhuizen was announced on 8 November 2016.