07/31/2015
AIMA said it supported the granting of the passport to Switzerland, Jersey and Guernsey. But AIMA said the passport should be granted to all the main asset management and fund jurisdictions.
07/31/2015
Lloyds called the additional provision for PPI "disappointing".
07/30/2015
A senior policymaker at the Bank of England has said that regulations imposed on the banking sector since the 2008 crisis should not be scaled back in any effort to fuel economic growth.
07/30/2015
The European Securities and Markets Authority also said it has not yet reached a view on whether hedge funds and other alternative investment funds from the United States should be given a "passport".
07/29/2015
The FCA found that some progress had been made on improving the oversight and controls around benchmarks.
07/28/2015
Italian market regulator Consob has dismissed all charges against fund group BlackRock and one of its managers over the alleged use of insider information to sell shares in Saipem in 2013, BlackRock said on Monday.
07/28/2015
The Am Law Daily reported nearly a year ago on Baker & McKenzie laying the groundwork for its new back office in Belfast, making the firm the latest in a series of Am Law 100 shops to open such outposts in an effort to slash expenses.
07/28/2015
What happens when a director of a company has become physically or mentally incapable of acting as a director?
07/28/2015
The transaction leads to a reduction in RBI’s risk-weighted assets of approximately € 340 million, thus strengthening the Common Equity Tier 1 ratio by 4 basis points.
07/28/2015
Bennett has been London litigation head since 2007 and was appointed global litigation head
07/28/2015
With the summer break fast approaching, there was a flurry in the lateral market among law firms last week as they looked to sign off key appointments.
07/27/2015
Plans to create a public registry of the real owners of UK companies should be extended to make it clear who is behind the companies that own high-value London properties, Global Witness has said.
07/27/2015
The central bank said in a statement that Rossiysky Kredit Bank had hidden grounds for bankruptcy proceedings by providing inaccurate information about the state of its finances.
07/27/2015
The UK and Liechtenstein have published a Joint Declaration that provides for the early closure of the Liechtenstein Disclosure Facility.
07/27/2015
Corporations, usually based in offshore tax havens, are sometimes used by buyers keen to hide ownership of assets, says National Crime Agency spokesman
07/27/2015
German regulator BaFin is continuing investigation into other matters
07/27/2015
Prosecutors named Ricardo Salgado suspect in lender’s collapse
07/27/2015
A host of law firms have been awarded positions as Deutsche Bank's go-to advisers with the lender having finalised its global legal panel after kicking the process off at the end of last year.
07/27/2015
Switzerland’s biggest bank has picked a fight with France over human rights.
07/24/2015
The Ciercos, who had 75 percent of the equity of Banca Privada d’Andorra, or B.P.A., said in a statement that their pending lawsuit would seek damages from Andorra for the “indiscriminate and unilateral expropriation” of the bank.