11/22/2016
Too-Big-to-Fail Banking Finds Regulatory Loophole in Scandinavia
The maneuver essentially hands oversight of a global systemically important bank to Sweden’s regulator.
Legal, Regulation & Compliance
11/22/2016
EU plans to tighten rules for foreign banks
Europe's move could be part of a broader fragmentation and localisation of financial rules.
11/22/2016
Santander caps 123 credit card cashback to £9 a month
Then in October it withdrew the card from the market and only kept it for existing customers.
11/22/2016
Taxpayer's stake in Lloyds Bank cut to less than 8pc
The Government was forced to stop offloading shares earlier this year after the stock market became more volatile
11/22/2016
Citibank Ireland to retain access to EU market due to ECB supervision
The Irish arm of Citibank will now come under the supervision of the European Central Bank due to an increase in the size of its operation after it merged with UK based Citibank International in 2016.
11/22/2016
Brexit could be fought over in EU's top court, warns senior judge as MEPs insist Britain cannot 'cherry pick' single market membership
The court could decide on whether Article 50, the formal process for triggering Britain's exit.
11/21/2016
ESMA speech on Safeguarding investors
The European Securities and Markets Authority (ESMA) Chair, Steven Maijoor, today gave a speech entitled "Safeguarding investors is key to ensuring the Capital Markets Union’s success" at the Börse Stuttgart MiFID-Kongress, Germany .
11/21/2016
ECA special report: Single Supervisory Mechanism
The European Court of Auditors (ECA) has published a special report (29/2016): "Single Supervisory Mechanism (SSM) - Good start but further improvements needed". The report examines how the European Central Bank (ECB) set up the SSM, how it has
11/21/2016
FCA charges sixth defendant in alleged investment fraud
The FCA has already charged five other defendants as a result of the investigation in June 2016.
11/21/2016
Pubs’ plight highlights growing influence of offshore insurers
Many must now be regretting this decision.
11/21/2016
Passive fund managers poised to profit from the FCA’s proposals
UK regulator pushes for an overhaul of investment companies’ charging structures
11/21/2016
Shake-up in UK fund management
The UK is leading the way to ensure that the asset management market works well and the investment products consumers use offer value for money.
11/21/2016
When the workforce is the weakest link
People risk” issues stretch far beyond banking
11/21/2016
The Malta Residence and Visa Programme
The Programme has been introduced for individuals who are not nationals of the EU, EEA, Switzerland
11/21/2016
The ex-Russian oligarch taking on Irish authorities
Because I know that in Russia, officials don’t like to take responsibility for making a decision.
11/21/2016
Deutsche Bank Proposes Hardline Stance on Banking Regulations
Rules from Basel Committee are aimed to make the banking experience much safer.
11/21/2016
Divorce and the family business
Judges want to preserve companies as going concerns if they can.
11/21/2016
The Morning Risk Report: Regulators Want To Be ‘Reg-Tech’ Innovators
“Reg-tech can drive down the cost of compliance.”
11/20/2016
London is Europe's global asset: Browne
London is a test study in Europe's resolve
11/20/2016
Revenue Announces New Clampdown On Off Shore Tax Evasion
Revenue has warned that time is running out for people hiding money overseas