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Legal, Regulation & Compliance

03/18/2013

A&O US financial services regulatory chief exits to join Milbank

While at A&O, he represented some of the largest US and foreign financial institutions.

03/18/2013

FSA fines servicing firm £2.4m for market update failures

The systems and controls failings meant crucial information was not available to investors on a timely basis.

03/18/2013

Deutsche Börse Faces Lehman-Tied Claim

Deutsche Börse AG disclosed that it faces a claim of about €115 million

03/18/2013

UK suspends pension payments to expats in Cyprus

The move will stop more money going into Cypriot accounts

03/18/2013

One of the giants of the French legal system found dead near his private island in Brittany

Figure nicknamed the 'gangsters' lawyer', whose clients included Manuel Noriega, discovered near Brittany island of Boëdic

03/17/2013

Bloxham can challenge decision to revoke stock exchange membership

Bloxham, a limited partnership, was ordered to cease trading by the Central Bank last summer

03/17/2013

Ex-chief of Fraud Office apologises over £1m severance payments

Richard Alderman wrote to the public accounts committee last week to say sorry

03/17/2013

EIOPA and the World Bank sign agreement to develop global insurance sector

Organizations will cooperate on promoting worldwide risk based supervision and fostering consumer protection

03/14/2013

Italian Police Seizes Bulgari's Assets in Tax-evasion Probe

Among the seized assets there were several properties including one in Rome's renowned shopping street Via dei Condotti.

03/14/2013

Gibson Dunn's UK revenue falls despite global growth

Last year the firm represented UBS in realtion to the global regulatory and antitrust investigations connected with the Libor scandal.

03/14/2013

Clifford Chance seals hire of Norton Rose's Diamond lawyer

He led the Norton Rose team acting for Diamond amid allegations last year that Barclays had manipulated Libor.

03/14/2013

Baker Tilly merges offices

Baker Tilly has 26 offices throughout the UK.

03/14/2013

Norton Rose makes litigation and dispute resolution partner hire in Paris

He specialises in litigation and corporate compliance and joins Norton Rose's growing litigation and dispute resolution team from the Paris office of Clifford Chance.

03/13/2013

Spanish Efforts To Combat Tax Fraud Bear Fruit In 2012

According to the Government, revenue from fraud control activity alone increased by 16.9% last year

03/13/2013

FSA signals tougher stance with £100m record February fines

This year will see significant change to the financial services regulatory architecture within the UK

03/13/2013

Taxman set for more time to hunt dodgers

Recent cases have seen HMRC battle cases successfully through the courts

03/12/2013

FSA to ban platform legacy rebate deals from 2016

The new rules will be revealed officially in the near future, most likely in the upcoming platform paper.

03/12/2013

FSA cancels Herefordshire IFA over fee failure

Failure to pay approximately £2,700 in fees and levies to the regulator leads to the scrapping of permissions.

03/11/2013

Mishcon branches out into competition law with double partner hire

The new competition practice would fit snugly with and complement Mishcon’s existing business advising clients on investigations and fraud work.

03/11/2013

Ex-Dewey partner sues Barclays over capital loan

He claims the agreement included a clause entitling Barclays to demand repayment of the loan, including interest, if the firm’s indebtedness exceeded $250,000.

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