02/18/2016
As has been widely reported, the Commerce and Employment Department undertook a review of Guernsey’s insolvency laws, both personal and corporate, with significant input from key stakeholders.
02/18/2016
The three denied wrongdoing through their lawyers and will appeal the verdict.
02/18/2016
The case also involves a hybrid financial instrument called Fresh 2008 which Monte dei Paschi used to partly fund the acquisition of rival bank Antonveneta.
02/17/2016
The Firm Placing and Offer for Subscription will raise up to £38 million before expenses.
02/17/2016
This delay “is to take account of the exceptional technical implementation challenges faced by regulators and market participants,”
02/17/2016
Nicola Roberts reports on the current Russian Sanctions, their applicability in Jersey and the importance of remaining vigilant.
02/17/2016
With the finalised text not now due until much later in 2016, the delay will give the industry more time to implement it properly.
02/17/2016
The sentencing judgements handed down by Ms Justice Rose have shown that law firm King & Spalding 'repaid' $800,000 worth of fees from Mr Pugachev that were found to be in contempt of a $2bn global freezing order brokered in 2014 by Hogan Lo
02/16/2016
Hints of more easing from Draghi on Monday pushed the euro lower.
02/16/2016
Dentons hires Pinsent Masons private equity specialist
Private equity and M&A partner Levy joins team that includes ex- Clyde & Co and BLP partners
02/16/2016
This timeframe was confirmed by Garth Ebanks, Deputy Head of CIMA’s Investments and Securities Division, at the Cayman Alternative Investment Summit (CAIS) earlier this month
02/16/2016
Islamic finance has made only marginal inroads in continental Europe, partly because of a lack of a benign tax environment for its asset-based transactions
02/16/2016
Ahead of a government review, the Law Society has called for a single legal services regulator to protect consumers and ensure market confidence in solicitors .
02/16/2016
Even if a bond deal were workable, the sanctions concern could raise Moscow's cost of borrowing.
02/15/2016
While modest compared to the broader financial services sector, the concentration of Islamic finance activity in the UK is currently among the largest of any OECD economy
02/15/2016
Payouts expected despite slump in bank shares in Europe and thousands of job cuts
02/15/2016
The decision is a victory for U.K. Chancellor of the Exchequer George Osborne, who made tax and regulatory concessions to large banks
02/15/2016
The programme was never implemented, and has since been superceded by a far bigger bond purchasing programme known as QE
02/15/2016
The results of both the review and the stress tests will be published on Aug. 13
02/12/2016
The SFO is understood to have taken an interest in the Caymanregistered fund after becoming aware of its existence in the course of its Libor investigation, the biggest in its history.