Bank structural reform is the result of a global financial crisis which developed in the summer of 2007 and became obvious in the EU in the latter part of 2008.
The Municipality of Sao Paulo and the Republic of Brazil successfully defeated an appeal from two BVI registered companies to the Privy Council which considered what the circumstances are, if any, where backward tracing would be permitted.
Richard Searle of BDO in Guernsey considers the development of the cell industry in Guernsey.
The purchase takes JTC's global headcount to more than 450 staff and cements its position as one of the most dynamic growth companies in the sector.
Guernsey has long been recognised as a cell company leader and the past 12 months have only served to reinforce this position.
Convertible bonds were prominent among the 203 newly listed securities on the Channel Islands Securities Exchange (CISE) during the first half of 2015.
The Guernsey Financial Services Commission (GFSC) licensed 45 new international insurers during the first six months of this year.
The UK's Privy Council recently considered the interpretation of two clauses in the FIDIC Red Book 1999, concerning the obligations of an employer to evidence financial arrangements and to notify employer's claims.
The Court of Appeal has now dismissed Unison's latest appeal against its judicial review application challenging the legality of these fees.
Smith & Williamson
Restricting finance cost relief and other changes The Summer Budget 2015 included some significant announcements affecting landlords of residential dwellings.
Implementing the regulatory changes in Policy Statement 15/19 will make complaint volumes more transparent; giving the regulator, the public and the media greater awareness of the actual number of complaints received by a firm.
In a world of driverless cars, self-service checkouts and online banking, will there be any jobs left for humans?
The Hong Kong Commissioner has published guidance ('Guidance') to assist data users in complying with Hong Kong's privacy laws when processing biometric data, ..
Engaging staff for the first time can seem daunting. This guide highlights the main points that you need to take into account.
Smith & Williamson
HMRC has issued a factsheet explaining that the proposed 'dividend allowance' will not exclude up to £5,000 of dividend income from taxation, but be applied as a zero- rate of tax on the first tranche of dividend income.
Clyde & Co
For the international construction sector, modern slavery (a concept covering slavery, servitude, forced and compulsory labour and human trafficking) is a major supply chain issue...
As was the case prior to the global financial crisis, the
current driver for all new European CMBS deals stems from the
adoption by investment banks of the originate-to-distribute
business model for financing commercial real estate assets.
Once the banking sector started to implode and the various scandals came to light there was a lot of talk about the 'culture' – a concept that is not always easy to define.
A significant cost of running a defined benefit pension scheme historically has been the VAT on investment management services.