10/26/2016
The FCA Mission – a consultation
It will inform the FCA’s strategy and day-to-day work over the coming years.
Legal, Regulation & Compliance
10/26/2016
Investment partners banned by FCA after £45m fraud
The FCA has today banned two individuals from performing any function in relation to any regulated activity in the financial services industry.
10/26/2016
To join or not join: the role of trustees in Family proceedings - Withers
Offshore trustees may find themselves in a quandary when faced with an application that they be joined to proceedings as they have to balance the interests of at least one of the two spouses against their duties to the other beneficiaries.
10/26/2016
GFSC to launch major probe into Enterprise Insurance and its Directors
The GFSC has reason to believe that it may have been significantly and consistently misled about Enterprise’s true financial position.
10/25/2016
Robeco signs up to Taiwan ESG code
Taiwan is an important geography for Robeco.
10/25/2016
Revenue and profit up at Clarion
Profit also increased in the last financial year, rising to £3.48m.
10/25/2016
Watford face fine and points loss over forged HSBC bank letter
Fabricated to appear as though it was written by HSBC, one of the world’s largest banks, the letter was submitted to the Football League
10/25/2016
CRD IV – RTS for benchmarking portfolio assessment standards and assessment sharing procedures
The European Commission has published a delegated regulation supplementing the fourth Capital Requirements Directive (CRD IV). It contains regulatory technical standards (RTS) for benchmarking portfolio assessment standards and assessment sharing procedur
10/24/2016
Brussels event blasts poor-value fund products
Industry accused of overcharging their clients and failing to put investors first
10/24/2016
French bank sued over Gulf tycoon’s signature
A pair of aggressive American hedge funds is suing the French bank BNP Paribas
10/24/2016
Credit Suisse and Italian authorities agree to settle after offshore transfer investigation
A number of unnamed Credit Suisse executives were under investigation by the prosecutors in Italy for alleged money laundering activities.
10/24/2016
U.S. to seek ex-HSBC executive's extradition from Britain
The probe led to four banks last year pleading guilty to conspiring to manipulate currency prices.
10/24/2016
Central Bank Austria Claims To Have Audited Gold at BOE. Refuses To Release Audit Reports And Gold Bar List
The Austrians decided to eventually have 50 % of their gold on own soil by 2020
10/24/2016
Treasury expected to water down reforms on offshore trusts
Government reconsiders removing exempt status from trusts
10/24/2016
Bankers should leave champagne on ice for a while
Goldman Sachs will now open an account for you if you have one dollar and lend you up to $30,000
10/24/2016
Dogs still rule at Metro Bank as it eyes profitability
It has confounded critics with a successful market float earlier this year and remains on track to swing into profit.
10/24/2016
Finland’s Millionaire Premier Freezes Pay in Bid to Save Economy
Prime Minister wants to freeze pay, but boost productivity
10/21/2016
Bank Legal Costs Cited as Drag on Economic Growth
Fines on banks translate into $5 trillion of ‘reduced lending capacity
10/21/2016
Brexit negotiators are 'in cloud cuckoo land', says man who negotiated Britain's EU rebate
As deputy secretary at the Treasury in charge of international affairs the civil servant was tasked with solving the budget problem.
10/21/2016
Octopus Apollo VCT plc : Half-yearly report
This should have reported an increase of 0.85%.