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Legal, Regulation & Compliance

11/03/2016

IFA's expected to review fee set ups ahead of MiFID II

IFA's could seek to de-risk their business by reviewing their level of professional indemnity cover

11/03/2016

Gay hedge fund manager sues for City ‘abuse’

A hedge fund manager who says that he was treated as a “curiosity” by homophobic colleagues

11/03/2016

The law firms with the best social life

Legal Cheek has obtained a unique insight into how trainees and associates like to unwind after a hard day’s work.

11/03/2016

Clifford Chance applies AI to unearth legal implications of financial regs

This collaboration is part of our journey to bring together the best of today's technological capabilities and the best legal skills and expertise.

11/03/2016

French prosecutor calls for British bank giant HSBC to stand trial for aiding large-scale tax fraud in France

The case began when French authorities in late 2008 received files stolen by Herve Falciani, a former HSBC employee.

11/03/2016

Mark Lyttleton pleads guilty to insider dealing

The trading was conducted by Mr Lyttleton through an overseas asset manager trading on behalf of a Panamanian registered company.

11/03/2016

Debt purchaser Motormile Finance agrees to redress package

Motormile has since amended its processes, systems and controls to mitigate the risks identified.

11/03/2016

FCA acts to improve competition in the current account market

The FCA will also consider the need for rules in relation to the proposed Monthly Maximum Charge

11/03/2016

JWG to help industry unlock regulatory reporting

It was a natural progression for JWG to support the FCA’s RegTech agenda.

11/03/2016

Italy watchdog to summon Monte dei Paschi execs, Passera -source

Monte dei Paschi faces an uphill struggle to convince investors to back its third recapitalisation

11/03/2016

UK challenger bank bites the dust

Was granted an “authorisation with restriction” licence from the regulators earlier this year.

11/03/2016

Switzerland and Latvia sign protocol of amendment to double taxation agreement

Finally, legal certainty is increased for taxpayers with the inclusion of an arbitration clause.

11/02/2016

Ulster Bank is most fined financial institution in Ireland

Central Bank’s fine of €3.3m imposed for breaches of anti-money-laundering protocols

11/02/2016

Bill Gross to manage total return strategy at Janus

Gross already sub-advises a total return bond fund for Old Mutual Global Investors

11/02/2016

Competition watchdog criticised by MPs over bank reform

Treasury select committee chair accuses Competition and Markets Authority of ‘dropping the catch’

11/02/2016

FCA bans six men over £4.3m landbanking Ucis scam

The land is often left undeveloped because of legal or historical reasons, leaving investors out of pocket.

11/02/2016

‘Killers having lunch’: The real life Wolves of Wall Street

Finance: Out of Control?

11/02/2016

Deutsche Bank, Morgan Stanley & Co. International plc, Nomura International plc and SocieteGenerale, have responded to investors’ demands for standardisation of repackaging transactions

The primary goal of the project is to establish an industry-standard approach to the documentation of repackaging transactions.

11/02/2016

E-Declarations Reveal Ukrainian Elites’ Extravagance

Ukrainians are shocked at the wealth gap between citizens and their elected representatives

11/01/2016

European banks stuck with $1.3 trillion of bad loans: KPMG

Firms could take decades rather than years to reduce their exposures, hampering profitability.

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