New legislation designed to strengthen Jersey’s capabilities to fight financial crime was introduced last week. The amendments to the Proceeds of Crime (Jersey) Law, approved by Jersey’s government on 26 June, are designed to ensure Jersey complies with the recommendations
Bequant, a global digital assets services firm, has been granted in-principle approvals by the Malta Financial Services Authority (MFSA) to operate both a prime brokerage and exchange.Read the full story at Institutional Asset Manager…
By Leanne Golding and Kevin Huys (pictured) – 2020 was a year unlike any in recent memory. We experienced ongoing disruptions to daily life due to the Covid-19 pandemic, ongoing tension surrounding the US election and a number of severe
A successful and long-established insurance recovery practice, led by policyholder advocate Robin Cohen, is launching its own law firm. Read the full story at Private Equity Wire…
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, has launched its framework to regulate spot crypto asset activities, including those undertaken by exchanges, custodians and other intermediaries. This follows the successful completion of a public consultation
TCI Fund Management, the high-profile activist hedge fund firm led by Sir Chris Hohn, has filed a criminal complaint against Wirecard AG, the Munich-headquartered electronic payment processing company.
At first glance, a business or equity owner might conclude that the Tax Cuts and Jobs Act of 2017 (the Act) increased the value of equity interests by 20 per cent upon its signing by the President. By cutting corporate
Samtrade FX, an online trading brokerage that is committed to providing traders with safe, easy and low-cost access to Forex and Contracts for Differences (CFD) trading, has been registered and authorised as an Appointed Representative by the UK’s Financial Conduct
JPMorgan Chase Bank is to pay a USD65 million to settle CFTC charges that it attempted to manipulate of the ISDAFIX benchmark. A CFTC Order found that over a five-year period, beginning in at least January 2007 and continuing until
Asset managers and investment funds have largely remained “operationally resilient” during the coronavirus crisis, but depressed asset volumes along with closer scrutiny of leverage and short-selling remain key issues for the sector during the ongoing pandemic, according to a new
