09/05/2016
Scheme rules may block Treasury's advice allowance plans
Some experts raised concerns that scheme rules might block the changes, and have questioned public demand for advice.
Legal, Regulation & Compliance
09/05/2016
Central Bank seeking experienced UK regulators
Authorities looking to hire ahead of anticipated influx of financial services firms
09/04/2016
Barclays denies allegations of fraud
In court documents filed in the UK High Court on 1 September, PCP Capital Partners alleged that the GBP 7.3 billion capital-raising carried out in 2008 by Barclays constituted ‘a fraud on its shareholders perpetrated through a series of unlawful tra
09/02/2016
The prince's ex sues Barclays
She was instrumental in a deal to save Barclays struck at the height of the banking crisis in October 2008, which raised £7.3billion and saw off the need for a state bailout of the lender.
09/02/2016
FSB - measures to reduce misconduct risk - Herbert Smith Freehills
The Financial Stability Board (FSB) has published its second progressreport on measures to reduce misconduct risk.
09/02/2016
Italy places Cayman on ‘whitelist’
The Cayman Islands continue to make positive strides as a reputable international financial centre as it co-operatively develops legislation for the AIFMD compliant regime to market into Europe beyond the national private placement regimes.
09/02/2016
FCA expects to accept Mifid II applications next year
The regulator also said that it would appreciate early applications from firms to help it handle the work involved.
09/02/2016
German watchdog says bank mergers no panacea
It is tough work to extract synergies from mergers, and merging two weak banks does not usually create a strong one, Hufeld added.
09/02/2016
Police charge man with the murder of former Coutts banker
Tragic Oliver Dearlove died as he and his girlfriend were thinking of starting a family
09/02/2016
Podcast: Robo-advice and related legal work
Robo-advice tools provide a range of financial advice to clients
09/01/2016
FCA urged to crack down on ‘irresponsible’ payday lenders flouting guidance
The regulator introduced a cap on payday loan interest rates and fees in January 2015 after it found evidence of widespread malpractice.
09/01/2016
Potential AIFMD Passporting to Switzerland and FINMA's Guidance on EU Regulations
The European Securities and Markets Authority has set out rules on eventually - extending the EU passport to non-EU AIFMs and AIFs.
09/01/2016
FCA – final notice
The FCA has prohibited Mr Peter Charles Johnson from performing any function in relation to any regulated activity carried on by any authorised or exempt person, or exempt professional firm.
09/01/2016
Your art collection and the law by Iris Harvey, Maitland
discusses the legal issues that come into play when assembling an art collection...
09/01/2016
PwC fined £2.3m over auditing of subprime lender
A settlement agreed between the FRC’s Executive Counsel, PwC and the then audit engagement partner, Mr Simon Bradburn, has been approved by a legal member of the independent Tribunal Panel.
08/31/2016
Why the probate fee is yet another ‘stealth’ tax on wealth
The probate fee is paid when the executors of your will apply for a grant of probate.
08/31/2016
Apple ordered to pay 13 billion euros after Ireland tax deal ruled invalid
Ireland granted illegal tax benefits to Apple which enabled it to pay substantially less tax than other businesses over many years,” said EU Competition Commissioner Margrethe Vestager.
08/31/2016
Irish cabinet to consider appealing Apple tax ruling
Finance Minister Michael Noonan has said the Irish Government will appeal the ruling.
08/31/2016
Ireland as a Base for High Net Worth Individuals - Maples & Calder
It is also the world's leading jurisdiction for aircraft finance and leasing.
08/31/2016
SFC reprimands and fines BNP Paribas Wealth Management $4 million
The SFC’s investigation found that at the material time, the monetary benefits, including charges, mark-ups and fees, received by BNPPWM from around 2,300 client transactions exceeded the levels it represented in its documentation provided to the cl