11/24/2020
ESMA publishes a report on funds' resilience to future shocks
This report comes as a result of a coordinated supervisory exercise performed alongside national competent authorities (NCAs), following a recommendation issued by the European Systemic Risk Board (ESRB) in May.
11/24/2020
Virtual Asset Service Providers ("VASPs") to be 'designated persons': AML/CFT requirements will apply to a range of VASPs businesses for the first time.
11/24/2020
The Investment Association (IA) has published a report produced by the Asset Management Taskforce, entitled "Investing with Purpose: placing stewardship at the heart of sustainable growth".
11/24/2020
The bank has remediated the deficiencies that led to this action.
11/23/2020
In order to benefit from the TPR, such Luxembourg entities are invited to notify the FCA of their intention to do so. Notifications have to be submitted before 30 December 20201.
11/22/2020
The FCA has updated its webpage on questions and answers (Q&As) for firms about conduct risk during the LIBOR transition, to include the following new questions:
11/20/2020
This report highlights innovative approaches, legislative options, flexible workplace initiatives and leadership practices adopted by FTA members in order to assist administrations in their domestic considerations of where and how to improve gender balanc
11/20/2020
Firm accuses authorities of giving in to Russian pressure
11/20/2020
Four bankers with M.M. Warburg are accused of grave tax evasion through “cum-ex” transactions
11/20/2020
The inspections took place after a Dear CEO letter was issued by the Central Bank to all Firms in April 2019 (the “2019 Letter”) identifying a number of areas where Firm compliance with obligations under the F&P Regime was found to be lack
11/20/2020
In the past 24 months, Baker Tilly also expanded into Texas
11/20/2020
There are many reasons for an acquisition's success, but one of the most important when acquiring a company in financial trouble is the timing of the deal, and what stage the company has reached in insolvency proceedings.
11/20/2020
During a recent thematic review the FRC noted the quality of cash flow statements was a concern, numerous basic errors were seen
11/19/2020
Proposed CGT changes likely to hit divorcing couples hard, says law firm Royds Withy King
CGT can arise when certain assets are either sold or transferred between parties
11/19/2020
Carey Olsen named best Guernsey law firm by Who's Who Legal
Published by Law Business Research, Who's Who Legal has been identifying the foremost legal practitioners in multiple areas of business law since 1996.
11/19/2020
Falcon has announced its plans to wind down.
11/19/2020
The deceased had a wife and children as well as another mistress with whom he had children.
11/19/2020
The Federal Council approved the strategic objectives of Finma for 2021 until 2024, it announced on Wednesday.
11/19/2020
The federal government should introduce new taxes targeting extreme wealth concentration and use the revenues to strengthen social safety nets and stimulate the economy.
11/19/2020
Appleby partner Garry Manley has received a silver award for “IFC Lawyer of the year, partner” at the Citywealth Future Leaders Awards 2020.