08/31/2020
Carlos Manuel de São Vicente, the former CEO of a company with a lucrative government monopoly to insure Angola’s oil sector, had his bank accounts frozen on suspicions of money laundering.
08/31/2020
Banker who forged papers on contract fired, deception led to loss of about $15m: Sources
08/31/2020
There is no suggestion of any wrongdoing on the part of Mr Staley, or that he knew anything about Epstein's criminal activities.
08/31/2020
Companies that netted their best-ever earnings during the coronavirus crisis should be subject to extra tax, finds one of Switzerland’s top economists.
08/31/2020
The FCA had plans to implement data analytics to alleviate the regulatory approach and overcome the issues enterprises face.
08/31/2020
Under this “soft” cap, if the SEC obtained over $300 million in sanctions from a fraudster, the whistleblower whose information triggered the enforcement action would be presumptively limited to the lowest percentage award (i.e., a 10 percent
08/31/2020
These are the latest companies which the regulator believes have supplied insufficient or false information.
08/30/2020
Two annexes to the letter contain the detail of the suggestions being put forward by ESMA.
08/28/2020
This analysis will help frame the potential treatment of the awards in the transaction.
08/28/2020
The FSCS has increased the size of the team reviewing LCF claims by almost 80 per cent as it pushes to complete the process by December, following delays this summer.
08/28/2020
Babbé Senior Associate Elena Gogh discusses a positive report on anti-money laundering practices in Guernsey by the Guernsey Financial Services Commission.
08/27/2020
During the coronavirus crisis, consumers may find themselves needing access to their savings in accounts with restrictions on access.
08/27/2020
Investment bank Citi and law firm Allen & Overy are helping IOOF with its bid for National Australia Bank’s MLC Wealth.
08/27/2020
The APPG paper proposes comparatively radical reforms to a system that it describes as having been criticised as complex, ineffective, riddled with anomalies, distortionary and unfair, unpopular and ripe for reform.
08/27/2020
Just like a person, a company can change its nationality.
08/27/2020
Our International Trusts & Private Client practice brings together contentious and non-contentious work in a genuine "one-firm" approach
08/26/2020
The Central Bank advised that it reserves the right to request a "wet ink" signature where the Central Bank deems it appropriate.
08/26/2020
The new DTA with Bahrain in the area of taxes on income and capital improves matters for cross-border investments.
08/26/2020
In a statement, ASEB said the bank should pause layoffs at least until the end of the year.
08/26/2020
It is expected that the bill will be presented to Switzerland’s parliament for discussion later this year and will not come into force before 2022.