01/13/2016
British Regulator Proposes Additional Rules to Claw Back Banker Bonuses
A public comment period on the proposal runs through April.
Legal, Regulation & Compliance
01/13/2016
Your boss can snoop on your messages - even private ones, says European Court of Human Rights
The court has ruled that it's reasonable for a company to check employees' email and instant messaging and that doing so doesn't violate their right to confidential correspondence.
01/12/2016
Law firms win pay battle with RBS as Clifford Chance, Linklaters and Allen & Overy reappointed
When launching its review in the summer of 2015, RBS asked law firms to freeze their rates in exchange for five years on the panel.
01/12/2016
FCA risk approach could be 'damaging' says 7IM
The worry is that the FCA is very focused on the psychological appetite for investment risk
01/12/2016
Ex-Deutsche Bank Trader Granted 1 Million Pound Bail
The case was sent to a higher U.K. court for a hearing on Wednesday.
01/12/2016
Disbarred lawyer appeals extradition on €7.4 million fraud
Wanted man earns €21,000 a month for part-time financial advisory job
01/12/2016
Six bankers charged, five absent as UK begins first Euribor rigging case
It is the first to cover allegations of manipulation of Euribor, which ranks alongside the London Interbank Offered Rate, Libor, as a key benchmark used to set terms for $450 trillion in securities worldwide.
01/12/2016
FCA blocks bid to buy stake in wealth manager
The FCA said she had actually been suspended and dismissed after allegations were made against her at Firm A.
01/12/2016
Eversheds Attorneys continues growing
He is known especially as an expert with extensive know-how in business law and as a specialist in cross-border asset deals and corporate transactions.
01/12/2016
Personal and Commercial Law Firm Opens New Office
The firm has also agreed to speak to former Wells Law Partnership clients with regards to any ongoing matters.
01/11/2016
Scrap Bank of England's powers after century of boom and bust, says think-tank
UK should return to historic system of "free banking", the Adam Smith Institute argues
01/11/2016
Irish billionaire who lives in Malta ‘investigated by Ireland's criminal assets bureau’
CAB’s remit involves investigating the suspected proceeds of criminal conduct.
01/10/2016
City watchdog denies 'going soft' on the banks
The change of tack by the FCA is in marked contrast to the belligerent approach of its previous chief executive Martin Wheatley
01/10/2016
Groups mull downgrade of IA membership after fee hike
IA raised full membership fees
01/10/2016
Financial regulator FCA denies 'going soft' on banks
However, critics have pointed to recent decisions by the FCA which they say show it is taking a lighter touch to regulation.
01/10/2016
UK Banks: British Financial Regulator May Allow Commission Payments Again
The FCA weeks ago ended a monthslong review of banking culture in the U.K., earning the ire of a number of politicians on Parliament's Treasury Committee, the Financial Times reported earlier.
01/10/2016
More announcements on changes to fundraising self-regulation - Withers
Lord Grade would be responsible for bringing Sir Stuart Etherington's vision of the new Fundraising Regulator to life.
01/08/2016
Investment Association hikes membership fees
An Investment Association full member firm, which has assets under management of less than £100m, told Fund Strategy its fees will increase by around 20 per cent and will go from £10,500 to £12,500.
01/08/2016
Serious Fraud Office in plea for £21m extra funding
The SFO operates on an annual budget of around £33m, but is able to request extra funds from parliament.
01/08/2016
Banking on bringing in wealthy investors
Under current regulations, all banks operating in the Isle of Man must be licensed to carry on deposit taking.