09/14/2021
New UK guidance for fundraisers dealing with people in vulnerable circumstances
The rules that govern how to deal with people in vulnerable circumstances while fundraising are set out in the Charities Act 2016 and the Code of Fundraising Practice.
09/14/2021
UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.
09/14/2021
EIOPA publishes the criteria for the independence of supervisory authorities
The criteria provide clarity for supervisory authorities on EIOPA’s expectations.
09/14/2021
Resealing of Foreign Grants of Probate in the BVI – New Act brings welcome Clarity
After the death of the shareholder, any BVI shares will be effectively frozen; voting rights will likely be suspended and the BVI company will be unable to distribute any dividends paid on the shares because no one will be authorised to give a good receip
09/14/2021
Warning: Four overseas financial service providers impersonated in scam
These scam businesses, their websites and email addresses are in no way related to the registered or previously registered businesses by the same names which are based in Belgium​, Austria and The Netherlands.
09/13/2021
Given the importance of robust regulatory returns, the PRA expects all banks, designated investment firms and building societies to consider the findings in the letter and any work they may need to do to remediate applicable issues.
09/13/2021
Anjelica Camilleri de Marco, Senior Associate in Malta, outlines the adoption of trusts in Malta and examines their tax treatment.
09/13/2021
Specifically, President Biden has required all federal workers as well as employees of federal contractors to be vaccinated against Covid-19.
09/13/2021
David’s keynote will discuss how cyber criminals operate, the way criminals exploit businesses and their data, and what firms can do to guard against cyber crime.
09/13/2021
All private funds with a 2020 or a 2021 financial year-end up to 31 March 2021, must submit the FAR and RFE forms by this deadline. CIMA has confirmed that no further extensions will be granted.
09/13/2021
The guidelines will apply six months after the date of the publication of the guidelines on ESMA’s website in all EU official languages, ie from 2 February 2022.
09/13/2021
The revised section 54A came into force as of 19 July 2021.
09/12/2021
The FSA 2021 makes amendments to the UK Benchmarks Regulation
09/12/2021
The committee also voted to approve recommendations that would impose greater restrictions on Rule 10b5-1 trading plans.
09/12/2021
Introductory remarks by Pablo Hernández de Cos, Chair of the Basel Committee on Banking Supervision and Governor of the Bank of Spain, Eurofi panel on Basel III implementation in the EU, Ljubljana, 10 September 2021.
09/12/2021
The Financial Reporting Council’s fine over the auditing of one of Britain’s best-known cafe chains could be announced as soon as this month, Sky News learns.
09/10/2021
New rules for investment firms remuneration policies as of 31 July 2021 in Luxembourg
Specific rules apply in case the investment firm benefits from extraordinary public financial support.
09/10/2021
German finance ministry raided in money laundering probe
Probe puts spotlight on financial crime ahead of elections
09/10/2021
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have published a joint Dear CEO letter setting out their expectations of firms when undertaking trade finance activity.
09/10/2021
The BMA is a well-respected financial markets regulator, a reputation which extends beyond Bermuda, and has been earned in part through the BMA's ability to innovate and collaborate with market participants.