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JWG announce 12 July MiFID Webinar
Archive
30 Jun
2017

JWG announce 12 July MiFID Webinar

  • 30th June 2017
  • Daniel Simpson

In our previous article we announced some of the key findings from our recent buy-side focused MiFID survey. Now we are pleased to announce a webinar on 12 July to review and analyse the results in more depth with a panel of experts. The webinar will aim to present new survey findings to help inform Read More

30 Jan
2017

‘Too limited’: blacklist of countries at risk of money laundering and terrorist financing is rejected

  • 30th January 2017
  • Letitia Bolton

On 19 January 2017, MEPs rejected the European Commission’s blacklist of countries at risk of money laundering and terrorist financing as being ‘too limited’. The rejection suggests that the list should be broader, by including countries that facilitate tax crime, for example. The list from the Commission contained the names of 11 countries, including Afghanistan, Read More

06 Sep
2016

FATCA Concerns: Expats request tweaks to unintentionally punishing regulation

The Foreign Account Tax Compliance Act (FATCA) has become infamous for its unintentionally damaging effect on the average American expat, as many foreign financial institutions (FFIs) attempt to mitigate their paperwork and risk by denying custom to American citizens according to expat groups with mainly anecdotal evidence. Groups protecting US expats are proposing tweaks to Read More

08 Aug
2016

The great financial climate change

The 2016 edition of the World Economic Forum’s annual Global Risks Report lists “failure of climate-change mitigation and adaptation” as the greatest risk facing the world over the next 10 years.  That was the collective judgment of 742 surveyed experts and decision makers drawn from business, academia, civil society and the public sector. Last year’s Read More

25 Jan
2016

A busy month for financial services regulation

In the past month, we’ve celebrated the holiday season and brought in the new year, but there has been no rest for the wicked and regulators have been busy scrambling to meet deadlines and push out new regulatory documents.  In the period before Christmas, we witnessed a lot of developments and it’s safe to say Read More

18 Dec
2015
Brexit, Brexit and financial services, EU referendum and finance

Brexit: The City’s EU conundrum

  • 18th December 2015
  • Aoife Quinn

With 2016 just around the corner, talk surrounding the EU referendum within the financial services industry is only continuing to heat up. After the general election of May 2015, the Conservative Party promised to deliver an in-out referendum on the future of the UK in the European Union before the end of 2017. No official Read More

12 Oct
2015

Bringing down the borders

JWG analysis. Euromoney’s article, earlier this year, stated that regulatory arbitrage in Africa is growing as banks begin to establish branches across their borders and exploit regulatory loopholes in the host country.  This may result in a lack of accountability due to the frameworks not being in place for consolidated supervision, and is a stark Read More

30 Jun
2015

Caught by Europe’s 2017 dragnet? New MiFID II standards could mean the worst

  • 30th June 2015
  • RegTechFS

By Sam Tyfield and JWG. While the latest chapter of the Greece tragedy plays out, today ESMA quietly released its final report on draft technical standards on the authorisations, passporting, registration of third country firms and cooperation between EU competent authorities. Compared to the Consultation Report published in December 2014, ESMA has clarified a number Read More

16 Dec
2013

EU FTT – it’s “alive and deadly” apparently

  • 16th December 2013
  • RegTechFS

By Sam Tyfield, Vedder Price As you will recall: 11 member states of the EU have proposed a FTT using the ‘enhanced cooperation’ procedure; the FTT proposed includes spot FX; the EU Council has obtained a legal opinion stating that the imposition of a FTT by an 11 member state group is unlawful because: A) Read More