01/17/2018
STM agrees to Deloitte probe
STM Group has agreed to cooperate with the regulators and allow auditors Deloitte to probe its books.
Legal, Regulation & Compliance
01/17/2018
Mario Draghi told to drop membership of secretive bankers' club
EU ruling follows claims G30 group has too much influence with ECB president as member
01/17/2018
Carillion Collapse - shudder in industry - Anderson Strathern
Any sub-contractor, as an unsecured creditor, will no longer be able to pursue or enforce their own claims against the liquidated company.
01/16/2018
Credit Suisse: Nail-Biter in Geneva
Credit Suisse is bracing for a tough couple of days in Geneva, where a former banker is standing trial for embezzlement
01/16/2018
Natixis IM joins quant arms race with asset expansion
Natixis is the latest asset management giant to boost its quant capabilities as many of France’s largest groups have accelerated the growth of assets managed through quant and passive strategies.
01/16/2018
Polish regulator refuses Raiffeisen's plan to start new bank
In November RBI said it planned to carve out the FX mortgages portfolio and eventually take it over.
01/16/2018
Vultures already circling Carillion DB pensions
“One in six (17%) pension holders in the UK have been contacted by a company – other than their provider – to discuss making changes or transferring their pension.
01/16/2018
Expats win 10-year battle with Spanish bank over failed investment project
Lawyers for the bank also claimed the time limit to file a lawsuit was one year, according to the report.
01/16/2018
Barclays trader charged with fraud by US authorities
“Robert Bogucki and others allegedly not only betrayed his client’s confidences, but also risked undermining public trust in the foreign exchange options market,”
01/15/2018
Basel III: some banks will lose out
Regulators are concerned that banks have downplayed the risk of mortgages in their risk models
01/15/2018
PSD2: FCA updated webpage on reporting requirements
Herbert Smith Freehills - Financial regulation update
01/15/2018
German Central Banker: Cryptocurrencies Must Be Regulated On a Global Scale
To that end, Wuermeling said that such a state of affairs could only be reached in the event of heightened cooperation.
01/15/2018
Mifid II to slash managers' fees by 10 to 15%
The report stated: "A winnowing of funds is already under way in response to investor disappointment with active management performance.
01/12/2018
Cyprus company sues ex-Trump campaign manager Manafort for fraud
Manafort and Gates are already under criminal indictment by Special Counsel Robert Mueller
01/12/2018
PRA consultation on changes in insurance reporting
Herbert Smith Freehills - Financial regulation update
01/12/2018
UK law firm expands corporate practice in Malaysia
UK LAW firm is boosting its presence in Malaysia with the appointment of a newly promoted partner to be based in Kuala Lumpur
01/12/2018
International law firm wins ‘Lawyer of the Year’ award
We are delighted to receive this award from Hermes Investment Management
01/11/2018
Adviser banned over unpaid Harlequin
A UK financial advice firm has been shut down for failing to pay an Ombudsman fine levied for advice given on a notorious defunct Caribbean hotel scheme.
01/11/2018
MiFID II: ESMA delays publication of DVC data
Herbert Smith Freehills - Financial regulation update
01/11/2018
Qatar Re gets green light for London operations
Our local presence allows us to further enhance our access and offering to our UK clients and brokers.