11/17/2014

Worldwide: (More) Business As Usual

When it comes to new regulations, Guernsey is offering optionality to overcome 'fortress Europe', according to Fiona Le Poidevin, Chief Executive of Guernsey Finance.

11/17/2014

Trade bodies lobby ESMA over ‘absurd’ Mifid trusts label

The Wealth Management Assocation and the Association of Investment Companies are lobbying to prevent a new European directive labelling investment trusts as “complex” instruments, which they say would reduce investment into the vehicles.

11/14/2014

What managing partners really, really hate

High up on many a managing partner’s list is the fact that every other senior stakeholder in the business will want to have their say on how the firm is run.

11/12/2014

Banks to agree forex settlements

Regulators plan to announce a series of settlements, starting at 5pm (AEDT), with total penalties against seven banks likely far exceeding $US2 billion ($2.26bn), according to people familiar with the discussions.