10/12/2014
Outsourcing by UK-based Fund Managers: Identifying and Applying the Rules
UK-based fund managers must comply with increasingly complex rules when they outsource services and support.
Legal, Regulation & Compliance
10/12/2014
Managing the Requirements - and Costs - of Regulatory Reporting By: Tom Kirkpatrick
The increase in regulatory reporting requirements has become a major challenge for many investment managers.
10/12/2014
Britain's ring-fence a new hurdle for bank directors
But the banks may struggle to fill these boards because the directors will be more exposed if things go wrong
10/10/2014
Establishment of the Charities Regulatory Authority - Matheson
Many of the provisions of the Act, which was enacted in 2009, have not yet been commenced.
10/10/2014
Foreign Investment Regulation Review: Irish Chapter by Gina Conheady
Gina Conheady and Kacey O'Driscoll author the Irish chapter of the The Foreign Investment Regulation Review.
10/10/2014
Caught in a trap? Advisers warned over auto-enrolment compliance risks
There’s a real danger here of IFAs diving in and then realising they don’t know enough about the right bits.
10/10/2014
Cains named as a ‘top-tier’ law firm
The firm’s London office is singled out for offshore firms operating in London.
10/10/2014
NatWest bank manager gave £830,000 to fraudster without checking who it was 'because he wanted to eat his fish and chips', court told
Mr Mughal put his error down to the 'negative atmosphere' in the bank, while also claiming that he was trying to have his lunch at the time of the incident.
10/09/2014
Regulation drives wider range of reporting solutions
With the Alternative Investment Fund Managers Directive (AIFMD) which came in force last July 22, together with the introduction of the European Market Infrastructure Regime (EMIR) and Foreign Account Tax Compliance Act (FATCA), fund administrators are fa
10/09/2014
Hold Britain’s banks to higher standards
New rules on personal accountability are tough but necessary
10/09/2014
Former Bankia Chairman Rodrigo Rato Is Accused of Misusing Company Credit Cards
The former chairman, Rodrigo Rato, also a former head of the International Monetary Fund and still a prominent business figure in Spain, was subpoenaed on Wednesday along with his predecessor at the bank, Miguel Blesa.
10/09/2014
FCA fines and bans former stockbroker bosses
They recklessly relied upon the existence of an undocumented and opaque offshore facility in order to correct a deficit
10/09/2014
Deutsche Bank joins bonus backlash
Deutsche Bank has announced it will be withholding millions of euros worth of bonuses as part of a management-led change to the culture at the bank.
10/08/2014
UK’s new finance regulations face their first big test in crowdfunding
As the new regime comes into force this month, the alternative finance sector is still debating whether the Financial Conduct Authority has legitimised a market worth almost £1bn last year, or taken the crowd out of crowdfunding.
10/08/2014
Legal 500 rankings – Guernsey
The rankings are compiled from feedback from 250,000 in-house peers and access to law firms
10/08/2014
British banker admits Libor fraud conspiracy
A senior banker at a leading British lender has become the first person to plead guilty to UK charges linked to a global inquiry into the alleged rigging of benchmark Libor interest rates, a scandal that has shredded faith in financial services.
10/08/2014
Bank of England announces proposals to strengthen the financial system through structural reform
The Bank of England has published four papers that propose changes to improve the resilience and resolvability of deposit-takers and reduce the disruption to customers and the system if a deposit-taker or insurer fails.
10/08/2014
Isle of Man Regulatory Update | October 2014 | Appleby
Offshore Legal, Fiduciary & Administration News
10/08/2014
Clearing getter clearer
ESMA published two documents on 1 October 2014 as the implementation of mandatory clearing of certain over-the-counter (OTC) derivatives gathers pace.
10/07/2014
Crooked City bankers are no longer safe
Lloyds Bank last week fired eight employees for their part in the manipulation of London’s benchmark interest rate (LIBOR), and forced them to forfeit £3 million in bonuses.