12/20/2021
The PRA’s investigation identified that SCB’s internal controls and governance arrangements underpinning its regulatory reporting in relation to the liquidity metric were not implemented or operating effectively.
12/20/2021
The Financial Secrecy Index ranks countries based on their complicity in helping individuals hide their finances from the rule of law.
12/20/2021
Our analysis of the G7 global tax deal was widely covered in media and press.
12/20/2021
A group of Eastern European oligarchs is fighting against the Swiss lender in several jurisdictions for fraud allegations. In Bermuda, a conclusion is nearing.
12/19/2021
These regulations will represent a sea change in law enforcement’s efforts to shed light on an otherwise opaque market.
12/19/2021
These developments, as well as post-Brexit development of the UK’s new regulatory framework and changes arising through the Wholesale Markets Review
12/17/2021
HSBC did not dispute the FCA’s findings and agreed to settle at the earliest possible opportunity
12/16/2021
The GAM Group’s cash, and capital position remains robust.
12/16/2021
This consultation proposes reforms to these exemptions, responding to economic, social and technological changes
12/16/2021
“In the last few years, some academics and politicians have changed the way they think about tax havens to focusing on where there's a lot of profits and not as many employees or assets.”
12/15/2021
For advisers who are seeking to outsource their investment services, they need a partner that has a proven history of delivering exactly what the regulator is looking for – a proven robust, repeatable and reliable solution.
12/15/2021
The court rejected the bank's, Leemann's, and Aabar's request for compensation of damages.
12/14/2021
This is the first time the FCA has pursued criminal charges for money laundering failings.
12/14/2021
UBS takes note of the French Court of Appeal’s decision.
12/14/2021
Premier Wealth Management has the right to seek a review of ASIC’s decision by the Administrative Appeals Tribunal.
12/14/2021
UBS is the largest wealth manager globally and its Global Wealth Management unit had invested assets of $3.2 trillion as of the third quarter 2021.
12/14/2021
UBS has a few days to decide whether it will accept the ruling or take the case to a high-instance court.
12/13/2021
The Paris appeals court is set to rule on whether to confirm or adjust the penalty against Switzerland's largest lender, which was imposed after an initial trial in 2019.
12/13/2021
The UBS share reacted at times with a price increase of 3 percent on the stock exchange.
12/12/2021
The African tax haven, recently removed from the EU’s blacklist despite uproar, is prosecuting its first major money laundering case against an influential couple who feature among the wealthy elites in the Pandora Papers.