12/22/2017
Swiss supervisor ends investigation into ex-Raiffeisen CEO
Vincenz stepped down from his role as chairman of insurance group Helvetia this week.
Legal,Regulation,Tax & Compliance
12/22/2017
Finra fines Raymond James $2 million over emails
FINRA found that during a nine-year review period, Raymond James’ email review system was flawed in significant respects
12/21/2017
Hedge-Fund Titan Gets Sued By Mistress – The Wild Details Include An Ostrich Farm
The beauty queen-turned-Tesla model met Gibbins while dining at Le Bilboquet in Manhattan in June 2014, her suit says.
12/21/2017
PRA approach to the authorisation and supervision of international banks, insurers and CCPs
The Bank of England (BoE) has announced that it is consulting on its approach to the authorisation and supervision of international banks, insurers and central counterparties (CCPs) as the UK redefines its relationship with the EU.
12/21/2017
SIX reprimands Bellevue Group for financial statements
Bellevue Group AG breached the requirements of IFRS in its 2016 annual financial statements
12/21/2017
JPMorgan broke anti-money laundering rules in 1MDB deals: Switzerland
The scandal surrounding the Malaysian state fund 1Malaysia Development Berhad has rocked the administration of Malaysian Prime Minister Najib Razak.
12/20/2017
Brazil charges Swiss bank manager with laundering bribe money
They said Suarez concealed the illegal financial operation with false information given to the bank’s compliance office.
12/20/2017
Is That Champagne in Your Sorbet? Prove It
The Comité Champagne took Aldi to court in 2012.
12/19/2017
1MDB scandal: Singapore issues more financial bans
MAS had earlier this year served notices of intention to issue prohibitions against the two men.
12/19/2017
Offshore firm at centre of Paradise Papers expose suing The Guardian, BBC
It has sought damages for the disclosure of what it said were confidential legal documents
12/19/2017
Seven ways for wealth managers to benefit from MiFID II
With regard to wealth management clients, they will have greater information on how their advisers choose services for them and how much they are charged for these.
12/18/2017
He Stole $100 Million From His Clients. Now He’s Living in Luxury on the Côte d’Azur
Rogue banker confessed to running a Ponzi scheme. But was he hiding a bigger crime?
12/15/2017
FCA's Bailey: Investors should be ready to 'lose all their money' in Bitcoin
'Very volatile commodity'
12/14/2017
JERSEY: Substantial Comfort for Fund Managers
There are very few other jurisdictions which can compete with that sort of depth and breadth of alternative fund experience and capability.
12/14/2017
Two Appleby Partners Recognised in Citywealth's Top 200 Most Powerful Women of 2017
Alison and Vanessa commented, "We are honoured to have been named within this prestigious report and included in such an influential group of women."
12/14/2017
'That's not a lawsuit': Hogan suing Grill'd over famous line
The mugger demands Mick Dundee's wallet, with Kozlowski's character Sue telling him to comply because "he's got a knife".
12/14/2017
KPMG revenues grow strongly to record $26.4 billion
KPMG invested more than US$1 billion this year in a multi-year program focused on new technology, innovation and developing new services and solutions
12/14/2017
Switzerland should not act alone against tax havens
The Panama Papers, leaked from the Panamanian law firm Mossack Fonseca and published in April 2016
12/13/2017
Initial Coin Offerings: A Look to 2018
In addition, the SEC noted that the exchanges upon which tokens are traded in the secondary market would have to be registered with the SEC
12/13/2017
Herbert Smith Freehills - Financial regulation update
PRA policy statement on Pillar 2A capital requirements and disclosure