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Legal, Regulation & Compliance

12/15/2016

UK: Reforms To The Taxation Of Non-UK Domiciled Individuals: Draft Legislation And Final Proposals

Individuals with 'mixed funds' in overseas bank accounts consisting of foreign capital, capital gains and income will be able to separate them into their constituent parts.

12/15/2016

Central Bank expects Brexit relocation decisions early in 2017

Regulator confident staffing issues can be managed

12/14/2016

Complaints Commissioner upholds complaint against FCA

The Complaints Commissioner has recommended that the FCA policy team send the complainant a full and considered response to the policy issues raised.

12/14/2016

FCA review finds room for improvement when dealing with customers in early arrears

In these firms there was widespread evidence of poor customer outcomes

12/14/2016

Pension providers making good progress on reducing fees and charges

Firms should continue to work to ensure that value for money is being consistently delivered.

12/14/2016

FCA launches market study on competition in the mortgage sector

The FCA will also review whether there are opportunities for better technological solutions to problems we identify, including greater use of digital channels to deliver information or advice.

12/14/2016

Guidelines on remuneration policies for sales staff

The risk of mis-selling and resultant conduct costs for firms.

12/14/2016

Trio of banks hit back at €485 million rate rigging fine

However, responding to the fines, the three banks have said they did nothing wrong with Credit Agricole declaring that it would appeal the decision while the other two are still considering an appeal.

12/14/2016

Monte Paschi confirms ECB rejected request for more time to raise capital

However, the ECB told the Monte dei Paschi such a delay could cause a further deterioration in its liquidity position and a worsening of its capital base, Monte dei Paschi said in a statement.

12/14/2016

KBC discloses new ECB capital requirements

KBC's capital remains well above the minimum requirements

12/14/2016

Wye Valley Lawyers Support Tavistock Investments’ Latest £3.6m Acquisition

The acquisition of Price Bailey adds £313m of new funds under advice, with £166m managed on a discretionary basis.

12/14/2016

Succession planning – the importance of protecting your business

However, through thoughtful and thorough family and business discussions and understanding your business's governance, you can take steps to minimise the risk of disharmony and/or expensive court actions by planning ahead

12/13/2016

Herbert Smith Freehills - Financial regulation update

FCA market study on competition in the mortgage sector

12/13/2016

Launch of New Boutique Law Firm Cabinet Baubigeat - Assisting Businesses in their African Expansion

The new firm has been formed by Julien Baubigeat following demand for more effective and efficient support for cross-border transactions, particularly between Europe and Africa.

12/13/2016

India-Cyprus tax treaty renegotiated: key provisions

The agreement may have important implications for investors that have already made investments

12/12/2016

Mourant Ozannes Partners named in the 2016 IFC Powerwoman Top 200

In its third consecutive year, the Top 200 list honours the most powerful women in government, private wealth, education, private client advisory and philanthropy across the world's leading international finance centres.

12/12/2016

The costly, dud investments that dress up as something else

But savers lose out because the fund is unlikely to outperform, either, and the high charges will eat away at their capital.

12/12/2016

Financial Conduct Authority statement on PPI

FCA published proposals for rules and guidance on payment protection insurance complaints

12/12/2016

City regulator to crack down on crowdfunding

The FCA believes it is appropriate to modify a number of rules for the market

12/12/2016

Brit Remainer lawyers launch Brexit challenge in IRELAND in fresh bid to keep UK in EU

There has also been a suggestion that the Dublin court would be more likely to refer the case to the ECJ.

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