Spotlight: recent developments in asset management in Spain
All questionsOverview of recent activityThe asset management industry in Spain is relatively young. Nevertheless, during approximately three decades of activity,...
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New power for UK regulators over change of control in financial services firms
Legislation beefs up power to impose conditions on new controllers, putting lessons learned from Greensill into practice New legislation gives...
Co-founder of fake cryptocurrency scheme sentenced to 20 years in US prison
Sept 12 (Reuters) - A federal judge in New York sentenced the co-founder of the purported cryptocurrency OneCoin to 20 years in prison on Tuesday for what prosecutors called a $4 billion fraud.U.S. District Judge Edgardo Ramos in Manhattan sentenced Karl Sebastian Greenwood, a dual citizen of Sweden and the United Kingdom, who pleaded guilty to fraud and money laundering charges in December 2022.Ramos also ordered Greenwood to forfeit $300 million.Greenwood has been detained in New York since his 2018 arrest in Thailand and extradition to the United States over...
Exemptions from UK Financial Promotions Gateway Published
The Financial Services and Markets Act 2000 (Exemptions from Financial Promotion General Requirement) Regulations 2023, which come into force on September...
Spanish court rejects appeals to suspend banking tax payments
MADRID, Sept 11 (Reuters) - Spain's High Court has rejected appeals by lenders Bankinter (BKT.MC), Sabadell (SABE.MC) and Cajasur to...
UK foreign minister to warn of Iran threat on visit to Israel
British Foreign Secretary James Cleverly walks on Downing Street on the day of a cabinet meeting, in London, Britain September...
IMF and regulators set out roadmap to contain crypto risks
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters)...
Industry bodies urge EU to ditch euro clearing relocation plan
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing...
AI regulation in financial services in the EU and the UK: Governance and risk-management
AI regulation in financial services in the EU and the UK: Governance and risk-management The availability of Big Data, cloud-based...
Top EU court dismisses sanctions appeal by Russian tycoon Timchenko
FILE PHOTO-Russian businessman Gennady Timchenko attends the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022....
