06/08/2015
Expat pensioners losing out as Government thinks they're dead
Elderly Britons overseas who've missed a deadline to prove they’re still alive have had their pensions stopped
Legal, Regulation & Compliance
06/08/2015
Banca Monte Paschi Belgio implements Wolters Kluwer regulatory reporting software
OneSumX Regulatory Reporting, part of OneSumX for Compliance, uses a single source of data to help ensure consistency
06/08/2015
Libor Trial Hears Global Banks Submitted Skewed Data
Numerous banks told the British Bankers’ Association they deliberately submitted inaccurate data, court at Tom Hayes trial is told
06/08/2015
Bellpenny completes two more IFA buyouts
Consolidator Bellpenny has completed two more IFA acquisitions bringing an additional £56m in funds under management and more than 250 clients.
06/08/2015
Ombudsman forces managers to make up losses suffered in late transfer
The Pensions Ombudsman has ordered two wealth managers to make up the investment losses incurred by a pensioner on the late transfer of his drawdown fund.
06/05/2015
Lloyds to get record £100m fine for mishandling PPI complaints
Bailed out bank Lloyds is set to be slapped with a record fine by financial watchdogs for mishandling payment protection insurance complaints
06/05/2015
Lloyds bank fined £117m over PPI scandal
Largest ever retail fine
06/05/2015
Luxembourg Signs MoU with Toronto Financial Centre
The visit focused on cross-border expertise
06/05/2015
Premier League Will Drop Barclays Sponsorship
The English Premier League will forego having a sponsor from 2016 on.
06/05/2015
Kirkland partner losses continue as capital market star joins Freshfields
Kirkland is one of the most competitive partnerships as regarding paying its partners and lateral hires.
06/04/2015
GFSC consults on the regulation of personal pension schemes
The paper has been developed at the request of HM Government of Gibraltar and is designed to support the further development of the market for personal pensions and ensure that personal pensions continue to be subject to appropriate regulation and investo
06/04/2015
UBS leads business move to Jersey International Financial Centre
The Property Team at leading offshore Law Firm, Mourant Ozannes, has recently advised UBS AG Jersey in relation to an agreement with States of Jersey Development Company to lease Grade A office premises at the high-profile new Jersey International Financi
06/04/2015
Victory for thousands of investors with high interest Lloyds bonds bought at height of financial crisis
Lloyds wanted to repurchase ECN bonds at face value
06/04/2015
Grant Thornton creates 71 new jobs in Belfast
Invest NI is giving the company £202,000 in grants.
06/04/2015
Tisa: Asset managers unaware of Mifid II impact
Tisa, the not-for-profit membership association, warns that many asset managers, distributors, wealth managers, life and pensions companies and firms for whom D2C is important are unaware of the implications of Mifid II.
06/04/2015
Gibraltar QROPS operator accountability set to rise
Gibraltar QROPS operators could see their responsibilities as a trustee extend to include the due diligence of overseas financial advisers
06/04/2015
Investigation leads to missing Baltic millions in Switzerland
The data also reveals that Latvia's ABLV bank is linked to significant amounts of money in HSBC's controversial Swiss accounts.
06/03/2015
Barclays and Standard Chartered launch Fifa payment reviews
Two UK banks named in FBI papers have launched internal reviews into whether they were used for corrupt payments by Fifa officials
06/03/2015
Former Barclays chairman: Bank ring-fence is redundant and should be scrapped
Sir David Walker says ring-fencing is a 'uniquely British policy' which will penalise the UK economy
06/03/2015
Appleby Advises Santander on Reorganisation of Santander Private Banking in Jersey
The transaction used the Banking Business (Jersey) Law 1991 which allows a Jersey deposit-taking business to be transferred from one bank to another by means of a Court-sanctioned scheme.