02/11/2016
EU and US strike derivatives regulation deal
Officials from the European Commission and its US counterpart, the Commodity Futures Trading Commission, confirmed on Wednesday they had reached an agreement.
Legal, Regulation & Compliance
02/11/2016
Jersey: Getting To Know The Locals - An Overview Of Legal And Regulatory Factors For Businesses In Jersey
Jersey offers a wide range of corporate vehicles for businesses to consider, including companies, foundations and limited partnerships.
02/10/2016
UK weighs in on Malaysia's 1MDB state fund as it launches own investigation
It is alleged that RBS Coutts in Zurich, which is owned by RBS, is one of the banks that had transferred the state fund's money out of Malaysia.
02/10/2016
Princess Cristina corruption trial: Friend of royal couple says he felt 'used' by them
Trial of the sister of Spanish King Felipe marks first time a member of Spain's royal family has faced criminal charges
02/10/2016
Bloxham liquidator in legal action with Danske over assets
Danish lender claims to have floating charge on liquidated stockbroker through loans
02/10/2016
Mifid II rules delayed by a year to 2018
ESMA will have to design data exchange systems with about 300 trading centres offering around 15 million financial instruments in order to implement the regulation.
02/10/2016
Italy Said to Weigh Rules Making Layoffs Easier for Bank M&A
Renzi is counting on consolidation to modernize the banking industry
02/10/2016
Swiss firms leave it late for ORSA deadline
Finma has set a deadline of 31 January 2017 for category 1, 2 and 3 re/insurers to submit their ORSA report.
02/10/2016
French and German finance chiefs discuss economic weakness and eurozone recovery
The volatility of the financial markets that we are witnessing reflects these economic uncertainties in terms of material risk
02/09/2016
Russia shuts down two more banks
Rouble’s slide has exacerbated bankruptcies in the sector
02/09/2016
FCA publishes accountability rules for alorithmic and high-frequency traders
The rules also provide clarity on aspects of the Regime’s territorial application.
02/09/2016
‘Kremlin’s banker’ faces UK jail sentence
The former Russian senator has been embroiled in High Court litigation brought by Russia’s Deposit Insurance Agency, which is acting as liquidator of Mezhprombank.
02/09/2016
FCA confirms accountability rules for wholesale traders and interim rules on regulatory references
The rules come into effect on 7 March 2016.
02/09/2016
Independence, confidence and fairness by Tracey McDermott
It is important, however, that we listen and take into account external comment but we do not allow that to become the key driver in our decision making.
02/09/2016
Former London Whale Boss Fined £792,900
The Financial Conduct Authority (FCA) has fined Achilles Macris £792,900 for failing to be open and co-operative with the Authority.
02/09/2016
UK delays Libor trial of former Barclays traders
The Barclays trial comes after former UBS and Citigroup trader Tom Hayes was convicted in August of conspiracy
02/08/2016
Northern Trust: Navigating Funds Regulation
At a recent Northern Trust event in London, 40 percent of the attendees said they do not expect their investors to be engaged in UCITS and AIFMD considerations by December 2016
02/08/2016
JPMorgan Chase lifts curtain on new EMEA panel
With JPMorgan's global legal spend hitting $3bn last year, the bank is one of the most lucrative legal clients in the world
02/08/2016
Moscow Bank Connected to Chaika's Son Loses License
The statement also said Millenium bank — ranked 282nd in the Russian banking system in terms of assets — failed to satisfy the claims of its creditors in a timely manner.
02/08/2016
The £1,000 question: are City lawyers' rates really too high?
£1,000 an hour - time for a little perspective?