09/15/2020
Nikko AM preps China bond ETF in Singapore
Singapore is now expecting two onshore China bond ETFs to be listed on the local bourse.
Legal,Regulation,Tax & Compliance
09/15/2020
Finma approves registration body
Geneva-based Arif will manage a register of advisers and check that they have the required education and training.
09/15/2020
Carey Olsen pair among UK's Top 35 Under 35
Carey Olsen's Nichola Aldridge and Oliver Lindop have been named among the Top 35 Under 35 private client practitioners in the UK by eprivateclient.
09/15/2020
FCA proposes big shake-up of HNW exemption from retail rules
The watchdog said that exemptions of high-net-wealth and sophisticated investors in the financial promotion regime are being abused by unregulated firms.
09/15/2020
PIMFA welcomes FCA call for evidence on how to improve the consumer investment market
PIMFA welcomes many of the proposals outlined in this call for evidence
09/15/2020
Luxembourg financial watchdog sharpens its teeth
Regulator Marco Zwick on efforts to strengthen supervision after years of criticism
09/14/2020
FCA Dropped Half of Its Criminal Money Laundering Cases in 2020: FT
The authority is now pursuing only one single-track criminal investigation into money laundering and six dual-track cases, which could end with only civil outcomes
09/13/2020
Credit Suisse CEO urges end of cantonal banks' privileges
He confirmed the lender's plan to pay out the second dividend tranche for 2019 in autumn.
09/11/2020
Withers art head co-authors latest edition of definitive art law book
Mr. Lerner and Ms. Bresler are nationally renowned art advisors and scholars, who have co-authored each previous edition of Art Law.
09/11/2020
Deutsche Bank will Pay $583K to Settle Violation of Sanctions
On the same day that the settlement was announced, Bloomberg reported that the bank had retained Robert Kimmitt, a long time friend of U.S. Attorney General William Barr, to sit on its supervisory board.
09/11/2020
Pinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse
Pinsent Masons, under the direction of Dr. Markus J. Friedl, advised SFO on all legal aspects of the purchase agreement under German law.
09/11/2020
Finma adds eight firms to warning list including trading platform
The list includes companies that may be carrying out unauthorised or unsupervised wealth management and banking services, having provided insufficient or falsified information to Finma, leading to inconclusive investigation results.
09/11/2020
Global Private M&A Guide
A practical tool covering key aspects of the legal and regulatory M&A framework in nearly 40 countries
09/11/2020
Switzerland enshrines its crypto-friendly policies into law
Switzerland just became the first major financial center with a full set of laws to govern blockchain commerce.
09/10/2020
Licences of two law firms revoked over anti-money laundering failures
The unit has already been informed about the two firms whose licences have been revoked.
09/10/2020
Credit Suisse Wins Bid to Keep Fraud Report Secret
Geneva court suspended prosecutor’s plan to share Finma report
09/10/2020
Regulators investigate elite London law firm
Solicitors Regulation Authority has spent at least two years scrutinising firm
09/10/2020
Why Wealthy American Executives Are Exploring New Citizenship Opportunities
Many are turning to citizenship by investment to alleviate travel restrictions and safety concerns.
09/09/2020
Noteworthy recent SEC rule changes
The amendment to the definition of “Accredited Investor” is effective 60 days after publication in the Federal Register
09/09/2020
EU FinCrime Chief Eager to Crack Down on Money Laundering
However, with a centralized unit, increased communication between financial authorities through the Union should go a long way.