Friday, Nov 15, 2024

International Finance

Tag : UK

Commodity

University of Bath student aces ICAEW 100 competition

International Finance Desk
by International Finance Desk
Almost 5,000 students from 150 universities had entered the competition to discover the most promising student to attend the One Young World Summit 2017 in Colombia March 20, 2017 : 100 of the top university students from across the UK attended the Grand Final of the ICAEW 100 at Chartered Accountants’ Hall in London on...
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Banking

Anti-money laundering requirements: are the stakes increasing?

International Finance Desk
by International Finance Desk
Sophisticated techniques for detection of suspicious activity require someone with a level of knowledge and understanding — more than just ‘an analytics person’ Colin Bristow March 17, 2017: Part 504 of the US Department of Financial Services Superintendent’s Regulations seems to be significantly upping the requirements for firms to put in place an ongoing review...
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Islamic Banking

UK Islamic finance body joins hands with international law firm CMS

International Finance Desk
by International Finance Desk
CMS has extensive experience in delivering Islamic finance regulatory advisory projects in multiple jurisdictions March 15, 2017: The Islamic Finance Council UK (UKIFC) and international law firm CMS have announced an innovative partnership to help develop, support and optimise Islamic finance frameworks across the world. The aim is to offer a single, cohesive legal, advisory...
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Wealth Management

Tapping into the wealth in our property to fund retirement

International Finance Desk
by International Finance Desk
Alice Watson Retirement Advantage responds to UK government’s white paper on housing February 8, 2017: The new white paper on housing by the UK government plans to explore ways to stimulate the market to deliver new homes for older people. The white paper states that there are barriers to people moving out of family homes...
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Wealth Management

Greater interest in savings and investment products

International Finance Desk
by International Finance Desk
UK private banking and wealth management sector calls for ‘a measured and appropriate regulatory regime’ to ensure London remains a global centre of excellence February 2, 2017: The Private Banking and Wealth Management (PBWM) industry has experienced significant growth in assets in recent years, boosting broader UK economic growth and helping individuals and families plan...
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Banking

Deutsche Bank fined for laundering $10 billion for Russians

International Finance Desk
by International Finance Desk
The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...
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Banking

Ohpen gets FCA authorisation to operate in the UK

International Finance Desk
by International Finance Desk
The Dutch fintech and outsourcing provider is aiming to challenge incumbents February 1, 2017: Ohpen has gained approval from the Financial Conduct Authority (FCA) to carry out its regulated activities in the United Kingdom (UK). The approval enables Ohpen to provide its software and outsourcing services to asset managers, banks and insurance companies in the...
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Banking

Banco Santander’s Q4 profit rose to 1.6 billion euros

International Finance Desk
by International Finance Desk
For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...
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