UK and EU begin diverging on financial regulation after Brexit
Prospects for supervisory ‘equivalence’ fade as each side pursues differing rules
Legal
2107 articles found
Dentons launches Global Bid Challenge Tracker to enable quick comparison of bid challenge laws across multiple jurisdictions
Leveraging Dentons' global platform and award-winning commitment to technological innovation, the Firm launched this innovative, free platform to allow corporate leaders to create customized user-friendly comparisons of the laws.
Charity Commission launches a campaign to refresh trustee knowledge of charity governance
The Charity Commission has launched five videos to help trustees be “certain in uncertain times”, which accompany the ‘5 minute guides’ for trustees which were published in November 2020. The videos and the guides aim to fulfil th
Sanne secure new Mutual Funds licence in the Cayman Islands
The new licence expands Sanne’s existing product offering in the Cayman Islands, adding fund administration to its existing regulated trustee and company management services capability.
Climate considerations now fully embedded across UK principal financial regulators
The UK has extended its global leadership on green finance by requiring its principal financial regulators to consider climate change, it was announced today (24 March 2021).
Kingswood removes VAT from managed portfolios
This is the latest in a trend of DFMs removing VAT from their MPS offerings, as firms attempt to stay competitive with one another.
Banknote character – speech by Andrew Bailey
Given at the unveil of the Alan Turing £50 polymer Banknote
HM Treasury Advisory Notice: Money Laundering and Terrorist Financing controls in higher risk jurisdictions
Requirement to apply Enhanced Due Diligence for higher risk jurisdictions.
Ban on leaving the UK enforceable by £5,000 fine
The travel ban does not apply to those going to the common travel area of the Channel Islands, Isle of Man and the Republic of Ireland unless that is not the final destination.
Swiss Banker Wins Massively Lower Jail Term
The 47-year-old was arrested in July 2018 as part of a U.S. sweep against PDVSA corruption.
Jersey Funds Industry Reaches New Record Heights in 2020 in Face of Challenging Global Market Conditions
The increase reflects a period of sustained growth for Jersey’s funds industry, with the figure at the end of 2020 rising by more than two thirds (67%) over the last five years.