08/18/2015
Bottermann Khorrami advises Israeli family offices in establishing a residential portfolio in Eastern Germany
The investment project was initiated by an Israeli investor and project developer
Legal, Regulation & Compliance
08/18/2015
Instinet Europe receives FCA authorisation as a Payment Institution
Instinet applied for the registration in March 2015 with the aim of complementing its market leading Commission Management business.
08/18/2015
Forex rigging: Barclays, RBS and HSBC facing billions in legal claims
Landmark case in New York could open door to "tens of billions of pounds" of claims in London
08/17/2015
Clydesdale Bank faces soaring mis-selling bill
CLYDESDALE Bank could see its latest £500 million mis-selling bill rise even higher as more customers claim compensation, according to a firm that specialises in securing redress.
08/17/2015
HSBC Said to Cut Suspended Senior London Credit Trader
He has been listed as “inactive” on the U.K.’s Financial Conduct Authority register since July 16.
08/14/2015
Recent CBI Findings against permanent tsb and Springboard Mortgages Limited
PTSB failed to inform certain customers of the consequences of their decision to break early from a fixed rate or discounted tracker period; a number of customers were not told that they lost their contractual right to be offered a tracker rate in the fu
08/14/2015
FCA changes monitoring of overseas banks with UK branches
The FCA states these other members of staff include those who give investment advice or submit to benchmarks.
08/14/2015
Deutsche Bank shamed again
The shredding of the reputation of Germany's biggest bank continued yesterday as seven Deutsche Bank employees were charged in Frankfurt with evading VAT in carbon market trades.
08/14/2015
Nine banks agree to pay $2bn to settle forex rigging suit in the US
Banks accused of foreign exchange rate rigging have agreed to pay major sums of money in settlements to investors
08/13/2015
Luxembourg private foundation
The Bill is being discussed and is expected to be adopted before the end 2015.
08/13/2015
Italy Agrees Details Of Advance Tax Ruling Regime
The Italian Revenue Agency would be required to issue a written reply within 120 days
08/13/2015
FCA gains high court injunction against fund manager and traders
Four of the five defendants were incorporated or resident abroad in Switzerland, the Seychelles and Hungary.
08/13/2015
SS&C Announces Favorable Arbitration Decision in Millennium Actions
The Millennium Action was a GlobeOp legacy dispute that first arose prior to SS&C's acquisition of GlobeOp in June 2012.
08/12/2015
FCA rules out face-to-face recording requirement under EU rules
The Markets in Financial Instruments Directive rules will be introduced by the EU in January 2017.
08/12/2015
RUTH SUNDERLAND: Why the resignation of FCA boss John Griffith-Jones is well overdue
The language used to criticise the Co-op’s conduct is damning in the extreme.
08/12/2015
The new EU succession regulation – how will Switzerland be affected?
It has direct binding effect and will apply in all EU Member States except for the United Kingdom
08/12/2015
FIX Trading Community announces new Regulatory subgroups focused on MiFID
Shared ideas and experience will not only establish tangible guidelines but will enhance compliance through the implementation of industry standards.
08/12/2015
SEC arrests Russian hedge fund manager in unprecedented hacking scheme of unreleased financial news
The SEC has also included NTS Capital as a defendant in the case.
08/12/2015
A rather disturbing benefit of having a good City job
Privately educated City banker who glassed a clubber in a row over his dancing is spared jail because judge says it would hurt his high flying career
08/11/2015
Law firm invests in wealth and pension specialist to boost private client growth
Morton Fraser partner Sue Hunter said: ‘Norman’s recruitment is part of a growth strategy in Morton Fraser’s wealth management team.