01/08/2016
Serious Fraud Office in plea for £21m extra funding
The SFO operates on an annual budget of around £33m, but is able to request extra funds from parliament.
Legal, Regulation & Compliance
01/08/2016
Banking on bringing in wealthy investors
Under current regulations, all banks operating in the Isle of Man must be licensed to carry on deposit taking.
01/08/2016
Zeus Capital co-founder to be charged over tax scheme
The Crown Prosecution Service has issued a summons for Richard Hughes, who co-founded Zeus Capital , and nine others to appear before Birmingham magistrates next month.
01/08/2016
Latvian coder released from clink after mega-millions bank raids
Gozi '76 Service' hacker handed time served after 21 months.
01/07/2016
French Authorities Investigating Karl Lagerfeld's Taxes
The case is the latest involving allegations of high-end tax evasion in France, where the Finance Ministry has cracked down on fraud in recent years to ease budget strain.
01/07/2016
Lloyds under investigation by FCA over possible market rigging
The government continues to own nearly 10% of Lloyds following its bailout in 2008
01/07/2016
Fraud chief calls for tougher corporate prosecution laws
Prosecutors should have US-style powers to punish big business and root out financial crime in the City, the head of the Serious Fraud Office said today.
01/06/2016
Stephenson Harwood pays 30% more to highest-earning member, latest accounts show
This figure in LLP accounts does not necessarily equate to the highest paid equity partner
01/06/2016
Bankers still need a ‘bashing’ — as do the rest of us
Regulators’ failure always to fulfil their role means others must pile on the pressure
01/05/2016
Elliott Hedge-Fund Group Loses German Top Court Porsche Ruling
The funds didn’t show they have no other way to prove their cases, the judges said in a ruling published on the court website.
01/04/2016
Former Catalan chief to go to court over alleged money laundering
The judge assumed jurisdiction in the case that was originally opened by a court in Barcelona against the couple and three of their children after the former Catalan leader in 2014 admitted publicly that had hidden a considerable amount of money in Andorr
01/04/2016
George Osborne must 'use his influence' and step into FCA's banking review row
Chancellor urged to act after regulator decides not to publish key report into UK's banking culture
01/04/2016
Two convicted of insider dealing in Operation Tabernula trial
A group of men are due to appear in court in January over allegations of insider trading as part of the financial watchdog's Operation Tabernula
01/04/2016
HSBC's Swiss unit facing German tax probe -SonntagsZeitung
Lawyers for HSBC are negotiating with authorities for a settlement which should also include a solution for the employees
01/04/2016
Property company insolvencies rise in UK to 6-year high
Overall rise in insolvencies “is down to improved property prices”
01/04/2016
Debevoise Names Six New Counsel and International Counsel
Their promotions became effective on January 1.
01/04/2016
HSBC snaps ties with Islamic Relief over 'terror' fears
Islamic Relief receives millions of pounds from the Department for International Development.
01/04/2016
UK and Irish companies most optimistic in EU
British companies in particular have reported big increases in their expectations for exports and profitability over the year ahead, according to the research findings.
01/04/2016
Dealwatch: Freshfields acts for Deutsche Bank as it sells ¥25.7bn of Chinese assets
Freshfields was among several firms awarded positions as Deutsche Bank's go-to advisers after the bank finalised its global legal panel
01/04/2016
City focus: A quarter of Akin Gump partners made up in London in latest promotions round
Those US cities each saw two lawyers made up to partner.