09/13/2016
OJ – ITS on transitional measure for equity risk sub-module under Solvency II
The Official Journal of the European Union (OJ) has published an implementing regulation laying down implementing technical standards
Legal, Regulation & Compliance
09/13/2016
Swiss Supreme Court rules bank data can be sent to Dutch
The purpose of the double taxation agreement is to ensure a broad information exchange without encouraging "fishing expeditions"
09/13/2016
Singapore and Switzerland strengthen fintech co-operation
FINMA adds that it provides support to all financial innovators irrespective of whether they live in Switzerland or abroad.
09/13/2016
Banks Warned Not to Hurt Nordic Risk Case With Complex New Swap
Denmark’s financial watchdog is urging banks to think twice before resorting to capital relief instruments
09/12/2016
Petra Ecclestone's brother-in-law found dead at £3.5m mansion
Petra Ecclestone's brother-in-law has been found dead at his parents' home in Surrey
09/12/2016
Iran asks France to remove obstacles in banking ties
The Iranian bank governor, for his part, underscored the vitality of boosting bilateral banking relations and called such ties the prerequisite for enhancement of mutual economic cooperation.
09/12/2016
EU finance ministers to consider withholding Greece aid
The European Central Bank and the International Monetary Fund, Greece can receive financial assistance
09/12/2016
European infrastructure would benefit from a Guernsey AIFMD passport
Given Guernsey is already a third country, its attractiveness as a jurisdiction would increase due to the stability and security its unchanged status affords.
09/12/2016
Fund managers off hook
The regulator warned the City’s top stock pickers that it could intervene to boost competition.
09/12/2016
FCA lifts capital requirement for Aberdeen Asset Management
The Group's available capital remains comfortably above this new minimum requirement.
09/12/2016
Governors and Heads of Supervision announce progress in finalising post-crisis regulatory reforms
The GHOS endorsed the broad direction of the Committee's reforms.
09/12/2016
FCA to ‘steer away’ from fund manager fee cap
The final report on the study is due to be published next year.
09/12/2016
London law firm introduces legal concierge service for HNW's
HK One will also act as a hub, directing clients to other trusted advisors.
09/11/2016
ESAs Reject Proposed Amendments From The European Commission To Technical Standards On Non-Centrally Cleared OTC
The Opinion was prepared in accordance with Article 10 of the ESAs Regulations, empowering the three Authorities to consider the amendments
09/09/2016
Merali Beedle promote flexible working with dpscloud
dpscloud allows Merali Beedle, to take their files with them wherever they go
09/09/2016
ECB Stands Pat on Stimulus as Draghi Defends Policy
European Central Bank president urges governments, especially Germany, to boost growth through spending
09/09/2016
FCA refuses to pay compensation recommended by its Complaints Commissioner
The FCA Complaints Commissioner upheld a complaint by a firm on behalf of its appointed representative (AR). The complaint was that the Financial Services Register’s (the Register) landing page, under the heading “Trading / brand names”,
09/09/2016
Bank of England Won’t Stifle Fintech Innovation Says Senior Central Bank Official
Cleland said that the BoE was working with firms in the Fintech sector to determine where the boundaries will be.
09/08/2016
Queen’s bank is sued over tax avoidance film scheme
If the lawsuit, being co-ordinated by Stewarts Law, is successful it would mean taxpayers having to foot part of the bill because Coutts is owned by Royal Bank of Scotland
09/08/2016
FCMC forbids Estonia's Versobank to provide financial services in Latvia
The decision on imposing a ban on provision of any financial services in Latvia is adopted because Versobank has been substantially violating procedures laid down in the Credit Institution Law under which a credit institution registered in another member