06/24/2015
UK financial regulator investigates Quindell
The FCA can confirm that it has commenced an investigation into Quindell PLC
Legal, Regulation & Compliance
06/23/2015
A new legal force in the region has been created
Cambridge-headquartered UK Top 200 law firm that has been operating in London since 2013 through a small office in Euston.
06/23/2015
BPCE Chairman Goes on Trial for Alleged Conflict of Interest
he is alleged to have abused his position as a top presidential aide to get his job at the bank
06/23/2015
Noonan backs Germans in Greek cash standoff
Finance Minister Michael Noonan adopted a hardline stance on the European Central Bank giving emergency funding to keep the Greek banks afloat.
06/23/2015
FCA to revoke much-delayed fund communication rules
The FCA has proposed revoking a series of rules on how platforms and wealth managers communicate fund information to clients, originally set to be implemented at the end of 2015
06/23/2015
Former British Virgin Islands governor joins 39 Essex Chambers
He was Governor of the British Virgin Islands from 2010 to 2014, following a four year period as High Commissioner to Malaysia.
06/23/2015
FCA to revoke much-delayed fund communication rules
The FCA has proposed revoking a series of rules on how platforms and wealth managers communicate fund information to clients, originally set to be implemented at the end of 2015.
06/23/2015
PRA bans bonuses for management of tax-payer backed banks
Following responses to the consultation paper, the PRA and FCA will now explore further the option of requiring buy-out awards to be held in a form that permits them to be subject to malus by the previous employer.
06/23/2015
Pinsent Masons announces annual results
Our partners, and in particular my predecessor David Ryan, take credit for having developed a fantastic platform for success.
06/23/2015
EY makes acquisition to boost governance, risk and compliance consulting services
The acquisition, expected to complete in August will help cement EY's position as an industry leader in SAP GRC services by further enhancing its end-to-end offering -- from strategy to technology implementation.
06/23/2015
Bank of England's Minouche Shafik: ‘We want to make life difficult for the bad apples in banking’
Deputy Governor of the Bank of England Minouche Shafik is the City’s most powerful woman. She tells James Ashton about fleeing Egypt as a child and why women must push against the ‘sticky door’
06/23/2015
JFSC given power to impose financial penalties of up to £4 million
The introduction of financial penalties strengthens the sanctions that the Jersey Financial Services Commission can impose to deal with significant and material breaches of our Codes of Practice. This will bring us in to line with similar powers exercised
06/22/2015
Leather jackets and poor diplomacy no excuse to botch up Greece again
Like the Greeks, Irish taxpayers have unfinished business with the ECB
06/22/2015
South coast law firm strengthens team with key promotions
The move comes ahead of the firm’s merger with Dorset-based Dickinson Manser and is part of long term expansion plans for Trethowans.
06/22/2015
EBA remuneration guidelines consultation
A response by the British Bankers’ Association to CP 1/15
06/22/2015
Belgian and French authorities move to seize Russian assets
The West continued its economic war against Russia this week with efforts to seize Russian state assets in Belgium and France.
06/22/2015
'Flash crash' trader linked to network now under investigation
The NAV Sarao Milking Markets Fund was soon registered in Mauritius as part of Cosgrove's financial network.
06/22/2015
Italian prosecutors seek to indict Bank of China, 297 people
The case highlights the large underground Chinese economy in Europe and the failure of judicial and legal cooperation to keep pace with the economic ties,both legal and illegal, that bind China with the West.
06/22/2015
Strauss-Kahn Shifts Focus From Sex Trial to Hedge-Fund Probe
Former International Monetary Fund chief Dominique Strauss-Kahn was acquitted in France on pimping charges this month
06/22/2015
FRTB Complexity Necessitates Action - Wolters Kluwer Financial Services
Financial institutions urged to take note of far reaching impact of Fundamental Review of the Trading Book