04/08/2016
"In failing to assess, maintain and report on its financial resources for over a year, QIB failed to meet some of the most basic regulatory standards," said Andrew Bailey, chief executive of the PRA.
04/08/2016
Trader on trial for manipulating rate says superiors were aware of practice
04/08/2016
The amended fine of about $259.2m is based on corrected value of sales supplied by SocGen in February, the commission said.
04/08/2016
Some Spanish banks, such as BBVA which had been hit by the 2013 ruling, have already removed the mortgage floor.
04/08/2016
The two firms have been shortlisted in the ‘Connaught Provincial Law Firm of the Year’ category and P O'Connor & Son Solicitors has also been shortlisted for ‘Irish Language Practitioner of the Year
04/08/2016
In response, the FCA has demanded fund groups do more to clarify how products are managed in relation to their underlying indices.
04/08/2016
Five of these used a “benchmark-related approach”, which the FCA said should have been disclosed.
04/07/2016
"Making money was the name of the game," said Hines.
04/07/2016
When two of Brad’s companies went into administration in March 2013, he broke down and confessed that around £2 million worth of invoices were “not right”.
04/07/2016
Panicked by regulatory probes, firms ignored employment law and were too quick to fire traders, according to three rulings published so far.
04/06/2016
Fourteen fund management groups, including TwentyFour Asset Management and BlackRock, are suing the Portuguese central bank over losses incurred from Novo Banco.
04/06/2016
Ex-State Street executives charged for defrauding clients
The United States Attorney’s Office and the Fraud Section have also received valuable assistance from the Securities & Exchange Commission as well as from authorities in the United Kingdom, including the City of London Police.
04/06/2016
Then from April next year, people who have already bought annuities will be able to sell them on a new "secondary market".
04/06/2016
With the rules relating to Registers of Persons with Significant Control coming into force tomorrow (6 April), we provide a short update for charities and their trustees.
04/06/2016
The inflation rate should see a significant positive development until the end of 2016.
04/06/2016
The FCA’s increasing requirements on individual accountability within companies and the rollout of the Senior Manager Regime across all companies by 2018 will mean that reliance on systems, controls and accurate MI will be increasingly important for
04/06/2016
Former preferred legal advisers Ashurst, Linklaters and RPC have missed out on appointments to the formal panel.
04/05/2016
Panama Papers probes opened, China limits access to news on leaks
The "Panama Papers" have cast light on the financial arrangements of high profile politicians and public figures and the companies and financial institutions they use for such activities.
04/05/2016
The European Securities and Markets Authority (ESMA) regulator said open access to exchange-traded derivatives does not create undue risks to market stability and should not be temporarily excluded.
04/05/2016
International law firm announces 2016 Partner Promotions
The firm also re-affirmed its sector focus with two thirds of individuals specialising in the global sectors in which the firm operates.