08/05/2014
C.Agricole starts sanctions talks with U.S. authorities
The bank said it had sent the results of its internal review to the U.S. authorities.
Legal, Regulation & Compliance
08/05/2014
The Hedge Fund Manager On The FBI’s Most Wanted List
Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially improve the performance of eight Cayman I
08/05/2014
Sidley Austin defends client in High Court case against Standard Bank
Sidley Austin has successfully acted for the Mongolian national railway company in a $55m High Court battle against Standard Bank.
08/05/2014
Swiss add names to list to prevent bypassing of Russia sanctions
This latest move, which tracks the individuals and organisations on the European Union's sanctions list, raises the number of people affected to 87 and the number of organisations to 20.
08/05/2014
Barclays can keep $6bn Lehman assets, court rules
Barclays won court approval to buy much of Lehman's brokerage business four days after the US company filed for the largest bankruptcy in American history
08/04/2014
Banks laugh all the way to big profits as scandals fade
Bad behaviour grabs the headlines, but recovery has transformed lenders’ prospects
08/04/2014
France gets European support for G20 challenge on bank fines - FT
The report citied officials from France and other European nations.
08/04/2014
Pinsents reigns over Aim listings as Stephenson Harwood and DLA make gains
Pinsent Masons has continued to dominate legal advice to the Aim market, increasing its yield of clients from 53 to 57.
08/04/2014
A Toppled Financier Finds a Safe Harbor in Germany
He used a debit card to buy a ticket to Florence
08/03/2014
A Post-AIFMD World by Des Pierce, SS&C
On a positive note, all responses to our survey suggested that AIFMs were prepared to meet the requirements of the AIFMD and the questions and knowledge demonstrated would support that sense of readiness.
08/03/2014
The non-resident landlords scheme: Could you be liable? by Katie Jackson, Withers
A non-resident landlord ('NRL') is a landlord who has UK rental income and whose 'usual place of abode' is outside the UK.
08/03/2014
Outrage at high flying City asset manager who became 'biggest fare dodger in history' by avoiding £43,000 in rail tickets while owning two country mansions worth £4million
He had hoped to avoid prosecution and publicity by reimbursing Southeastern trains just three days after being caught by a ticket inspector last November.
08/03/2014
Entrepreneur seeks £370m in damages from FCA
He told Scotland on Sunday that the firm had almost £3 billion of assets under management
08/03/2014
Sebi signs MoU on alternative investment funds with 27 EU regulators
The text of the MoU was finalized by SEBI and the European Securities and Markets Authority
08/03/2014
Maitland shortlisted for Best Fund Service Provider award!
These awards form part of Investment Week’s Fund Management Summit
08/03/2014
Bafin intensifies Libor probe at Deutsche Bank -Spiegel
German regulators have intensified investigations into Deutsche Bank in an effort to resolve a long-running, industry-wide investigation into possible efforts to manipulate benchmark interest rates
08/01/2014
Companies (Jersey) Law 1991 - Significant Upcoming Amendments
Amendment 11 was approved by Privy Council on 16 July 2014. It was registered in the Royal Court on 25 July 2014 and came into force on 1 August 2014.
08/01/2014
Asset managers dodge 'systemic risk' regulatory bullet
Asset managers have dodged a regulatory bullet following a decision by US authorities’ that they do not pose a ‘systemic risk’ to the global financial system.
08/01/2014
Dentons appoints White & Case EMEA strategic head as European COO
Dentons has hired White & Case’s EMEA director of strategic projects Richard Singer as its new European chief operating officer (COO).
08/01/2014
Clifford Chance new leadership sees both finance and capital markets heads replaced
Clifford Chance managing partner Matthew Layton has appointed a new-look executive leadership group to replace its management committee following a dramatic overhaul earlier this month.