04/04/2016
Ex-Barclays five face Libor-rigging charges
The trial at Southwark Crown Court is expected to last three months.
Legal, Regulation & Compliance
04/04/2016
British Banks at Heart of Panama Tax-Haven Leaks
HSBC, Coutts, Rothschild and UBS are among the top 10 banks who asked the law firm to set up hundreds of the near 15,600 paper companies to help clients conceal their finances.
04/03/2016
Ex-TRA boss, 2 others arraigned
The UK court heard two officials at Stanbic Bank in Tanzania, which is a subsidiary of the London bank, paid $6m to a third-party in Tanzania to help secure a deal for the bank to raise the 600 million US dollars for the Tanzanian government.
04/01/2016
Former chief Rolf Breuer to pay Deutsche Bank €3.2m over Kirch
Deutsche Bank spelt out the details of proposed settlements with Mr Breuer and a group of insurers that covered the bank’s top staff.
04/01/2016
Advisers labelled ‘inactive’ by FCA register changes
When the regime came into effect on 7 March advisers who worked for firms affected by it - mainly banks and large financial institutions - were no longer listed on the register.
04/01/2016
G20 regulators to propose rules for asset managers in the summer
Global regulators will propose safeguards in coming months to avoid asset managers destabilising markets with fire sales of assets or making promises to investors they can’t keep.
04/01/2016
Appleby Acts for Royal Yacht Hotel in Landmark Refinancing Deal
The deal, financed by Starwood Capital Group, is believed to be the first of its kind in Jersey involving specialist hotel lenders.
04/01/2016
Global regulators move closer to regulating fintech
The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.
03/31/2016
Basel watchdog adopts softer rules on banks' rate risk - sources
The Basel Committee will publish the final plan on rate risks as early as next month, the sources said.
03/31/2016
EU Guidelines on Assessing Knowledge and Competence Under MIFID II
Where requested by its national regulator, an investment firm may be requested to demonstrate that these requirements have been met.
03/31/2016
Bank of Scotland tops FCA complaints list in H2 2015
FCA complaints data shows the bank had 11,606 grievances logged against it in the period.
03/31/2016
Oracle and Lombard Risk partner for regulatory reporting solution
Lombard Risk Management and Oracle Financial Services have teamed up to deliver a global regulatory reporting solution.
03/31/2016
Spanish court to probe Bankia predecessor over mortgages
Blesa’s lawyer Carlos Aguilar said his client had not yet decided on a response to the court’s ruling.
03/30/2016
Stung by large U.S. fines, France to tighten anti-corruption laws
By giving French judges a more efficient framework to crack down on bribery, French officials are also hoping to avoid future cases of French firms being forced by courts to allow monitors reporting to foreign governments into their operation, as was the
03/30/2016
Bank of England set to clamp down on buy-to-let lending
Mortgage report to assess ways to rein in booming landlord lending market amid fears over new UK property crash
03/30/2016
Watchdog says 131 EU bankers, one in Greece, earned 5 mln+ in 2014
The EBA said the rise in high earners was due mainly to a change in exchange rates that meant more people paid in British pounds moved above the 1m threshold.
03/29/2016
Veil Jourde opens in Brussels
French firm Veil Jourde has launched an office in Brussels, its first outside of Paris.
03/29/2016
Lebanese Nationals Largest Investors in Portugal Golden Visa Program
This reputable program offers visa-free travel to over 120 countries including the UK & Schengen.
03/28/2016
Russian investor, funds settle U.S. press release hacking case
Seven Defendants Agree to Pay Nearly $18 Million in Hacked News Release Scheme
03/28/2016
Elite syndicate in Revenue deal for 'aggressive' tax avoidance
Settlement means investors' names will not be published