09/08/2014
Moody’s Investors Service cut the outlook for the U.K. banking system to negative from stable last month, citing an increased credit risk from rules designed to prevent the use of taxpayer funds to support failed institutions.
09/08/2014
A new regulation establishing a European Account Preservation Order came into force on 17 July 2014 and will be applied by participating Member State courts from 18 January 2017.
09/08/2014
Banks use of so-called allowances to soften a European Union cap on bonuses could face a “coordinated policy response”, the EU’s financial services chief Michel Barnier has warned, prompting bankers to argue politicians should steer clea
09/07/2014
FCA Pulls List; Commits to Thorough Review of Methodology
It also has committed to a full review of the methodology that resulted in the Cayman Islands being placed on the list.
09/07/2014
Shamed Pensions Director Sacked by Swiss Finance Firm
One of the bosses of a firm named and shamed for misusing clients’ pension funds has been sacked from his senior role with a top finance firm in Switzerland.
09/07/2014
Treasury to clash with EU in court on Monday over rules limiting bonuses in attempt to defend UK financial sector
09/07/2014
Gibraltar set to publish ILS guidelines
Captive Review has learnt that Gibraltar's Financial Services Commission (FSC) is expected to publish its ILS Guidelines this month.
09/07/2014
Global law firm Strengthens Capital Markets Practice
Global law firm has strengthened its Global Capital Markets Practice with the addition of partner Gernot Wagner in its Frankfurt office.
09/07/2014
Global law firm White & Case LLP has advised Banca Nazionale del Lavoro S.p.A. as arranger and purchaser, and BNP Paribas Investment Partners SGR S.p.A. acting on behalf of purchaser BNP Paribas Bond Italia PMI, on the issue of €6 million 6.25 pe
09/05/2014
The New York regulator is likely to receive about $300 million
09/05/2014
The ECB is putting the euro zone's 131 largest banks through an unprecedented health check before it becomes their supervisor in November
09/05/2014
Hedge-Fund Liquidators Sell Manager's House
Liquidators of the collapsed hedge fund Weavering Capital have sold a house belonging to its manager Magnus Peterson for close to £1 million, a small step in their efforts to recoup $450 million in damages that they were awarded in a civil case two
09/05/2014
Relaxation of Restrictive Measures for Branches and Subsidiaries of Foreign Banks (Decree No 24)
09/05/2014
Relaxation of Restrictive Measures for Branches and Subsidiaries of Foreign Banks (Decree No 24)
09/05/2014
The Guardian Societe Generale trader does less time than UBS 'rogue'
Former banker who lost Societe Generale nearly €5bn will devote his time to “community service”
09/05/2014
UK accounting watchdog fines Mazars two million pounds
A settlement agreed between the Executive Counsel to the FRC, Gareth Rees QC, Mazars and Mr Karmel was approved by the FRC Tribunal on 25 July 2014.
09/05/2014
He focuses on advising companies active in energy markets both in the Netherlands and internationally, including upstream oil and gas, and the country's largest renewable energy projects.
09/05/2014
Marketing of tax avoidance schemes could see pension scheme administrators fail new 'fit and proper' test, says expert
Those who have been involved in the design or marketing of a tax avoidance scheme could be prevented from acting as the administrator of a registered pension scheme according to new guidance published by HM Revenue and Customs (HMRC).
09/04/2014
The Swiss financial regulator is probing the role played by Banque Privee Espirito Santo SA’s owners and whether the lender breached rules in selling investments linked to the Portuguese financial group.
09/04/2014
The gang defrauded over 100 people.