06/28/2016
Banco Santander Affirms 2016 Guidance amid Brexit Fallout
The company was able to somewhat lessen investor concerns related to the fallout of Brexit on its financials.
Legal, Regulation & Compliance
06/28/2016
Advisers jailed for £100m tax fraud
They claimed to have spent more than £250m on pre-production and development packages for film projects created in Monaco.
06/27/2016
Ogier maintains support of intu properties
This follows on from intu’s acquisition of the initial 50% holding from Westfield in 2014, together with shopping centres in Sprucefield in Northern Ireland and Derby.
06/27/2016
EU plans moving bank regulator from London as euro zone eyes City business
The EBA, whose 159 London employees write and coordinate banking rules across the bloc, is expected to be relocated "soon", two EU officials told Reuters.
06/27/2016
Italy fears pressure on banks after Brexit
Rome weighs measures to prop up struggling banking sector
06/27/2016
Hedge funds in AIFMD passport limbo
Britain’s vote to leave the EU may have an impact on UK fund managers
06/27/2016
MPs to scrutinise Sir Philip Green's link with influential banker
Parliamentary committee investigating collapse of BHS will this week question Michael Sherwood of Goldman Sachs
06/24/2016
SEC Sues UK-Based Trader for Account Intrusion Scheme
The complaint alleges that Mustapha placed stock trades without the customers’ knowledge and then traded in the same stocks through his own brokerage account.
06/24/2016
FSB sets out to tackle asset management's 'structural' weak spots
The policy recommendations will pave the way for the FSB, together with IOSCO, to resume its work on developing methodologies
06/24/2016
​Eversheds advises Panmure Gordon in connection with a placing of new shares
The Eversheds team was led by corporate partner Simon Masters, together with corporate senior associates Paul Keohane and Richard Simpson.
06/24/2016
The real threat to Britain’s borders is the flow of dirty money
It’s probably remain’s least used argument, but isolated nations are unable to fight organised crime. Only real cooperation in Europe can have an impact
06/24/2016
ECB Restoring Greek Banks’ Access to Cheap Funding
European Central Bank said it would start accepting junk-rated Greek government debt as collateral
06/24/2016
Bank of England pledges £250bn liquidity
The Bank of England has stress-tested these banks against scenarios far worse than the one the UK is facing.
06/23/2016
Sir Philip Green's wife to give details of family's offshore companies
MPs ask Lady Tina Green to provide information on all offshore companies owned by family as part of BHS inquiries
06/23/2016
CME Group granted EU clearing house recognition by ESMA
The European Markets Infrastructure Regulation requires third-country CCPs to be recognised by ESMA to be able to operate in the EU.
06/23/2016
“Virtual reality” - Jersey introduces virtual currency regulatory regime
What does this mean for you and your business?
06/23/2016
Ex-BNP Paribas head of spot currency trading sues bank
A growing number of former bank staff are going to employment tribunals in London with unfair dismissal lawsuits in the wake of a crackdown on the banking industry after the financial crisis.
06/23/2016
Competition Policy in Financial Markets – the view from the regulators
Speech by Mary Starks, Director of Competition, FCA, delivered at the Centre for Competition Policy (CCP) Conference on 10 June in Norwich.
06/23/2016
‘You cannot outsource responsibility’: FCA sets out robo-advice regulation plans
Percival also explained the work the regulator is doing on innovation and technology, setting out a warning to firms considering outsourcing services.
06/23/2016
FCA guide to submitting STORs - Herbert Smith Freehills
The FCA has published a guide to submitting a suspicious transaction and order report (STOR) using Connect. STORs must be submitted via Connect from 3 July 2016.