Legal
Tax & Regulation | 25 Aug 17
Three former Allianz staffers found guilty of bribery
Three former Allianz employees have been sentenced for bribery offences after making £7,000 ($9,000, €7,597) by leaking more than 700 pieces of confidential data, an investigation by the City of London Police’s Insurance Fraud Enforcement Department (Ifed) found.
EU to limit UK expat residency rights post Brexit – minister
Britain’s Brexit minister David Davies has revealed that the European Union plans to restrict the residency rights of British expats living within the bloc once the UK leaves.
Tax & Regulation | 25 Jul 17
Jailed ex-Schroders trader ordered to pay £350k to FCA
A UK judge has ruled the Financial Conduct Authority can claw back £350,000 ($455,837, €391,249) from a former Schroders fund manager convicted of insider dealing.
Former adviser jailed for 4 years for defrauding ex-Spurs star
A former financial adviser has been sentenced to four years in prison after being found guilty of a multi-million dollar fraud case involving retired San Antonio Spurs basketball player Tim Duncan.
Tax & Regulation | 2 Jun 17
Complex financial crime key driver of rising compliance costs
More complex financial crime and a growing regulatory burden have together been the driving force behind rising compliance costs within the financial services industry, a recent survey has revealed.