05/15/2015
Efama warns of tax obstacle to Capital Markets Union
The Capital Markets Union, a European measure to boost growth by more efficient allocation of people’s savings, is hindered by a proposed tax on securities transactions
Legal, Regulation & Compliance
05/15/2015
German Bundesbank chief rips into ECB over Greek loans
Weidmann criticises provision of emergency funds to Greece
05/15/2015
Draghi warns central banks against ‘blind’ risk-taking
Mario Draghi has warned central banks to beware of the risk that aggressive monetary easing
05/15/2015
Schillings has announced seven new hires
Magnus Boyd joins as partner, alongside Charlotte Watson who joins as legal director and Natalie Sherborn who joins as senior associate.
05/15/2015
Law firm warns on Mifid II adviser challenges
Under discussion was whether a more modest European definition of ‘independent’ advice is “practically different” to the FCA’s own standard and how charges and costs should be disclosed to retail customers.
05/15/2015
BoE says banks must comply with EU pay allowances rules
BoE Deputy Governor Andrew Bailey has told banks they have to change their pay contracts to comply with EBA rules.
05/12/2015
Citigroup may plead guilty to currency rigging as banks brace for mega fines
The four banks are preparing to accept fines worth billions of dollars from the DoJ and Federal Reserve, while Barclays is also facing penalties from the UK's Financial Conduct Authority, the US Commodity Futures Trading Commission and New York'
05/12/2015
Guernsey receives kudos from EC
The chief minister of Guernsey has welcomed support from European parliamentarians and the European Commission for the “positive contribution” the island makes to the European economy.
05/11/2015
‘Vulture’ fund warns of more embargoes of Argentine assets
Economy Ministry says effort to freeze Argentine accounts in Belgium amounts to ‘extortion’
05/11/2015
FBI, Maltese police asked to investigate company involved in John Dalli’s Bahamas trip
The Federal Bureau of Investigation (FBI) and Maltese police have been asked to investigate two companies linked to former EU Commissioner John Dalli by a group of American investors
05/11/2015
Italian bank chiefs can now be sacked by the country's central bank
Heads of domestic lenders can be fired when they cannot guarantee the sound running of their banks
05/11/2015
BIRMINGHAM law firm races to be first law firm on stock market
A float would value the firm at an estimated £130m to £140m.
05/11/2015
International law firm grows oil and gas expertise with Partner hire
He joins the firm from Pinsent Masons.
05/11/2015
UK Law firm boosts London presence in merger with Westminster based firm
The merger will take effect on 1 August 2015
05/11/2015
Shropshire Law Firm Adds To Private Client Team
"Janna is a tremendous addition to our team."
05/11/2015
Partner Promotion As Midlands Law Firm Launch New-Look Tax Team
Midland law firm has unveiled its new-look taxation department as part of its growing private client offering.
05/11/2015
Big banks finalise $5bn-plus settlements on foreign exchange
Five of the world’s biggest banks are finalising agreements to collectively pay more than $5bn for allegedly rigging foreign exchange markets
05/11/2015
EU watchdog plans first pensions stress tests by end-2015
Tests on the €3tn pension fund sector follow stress tests on insurers
05/08/2015
David McGarry announces retirement from KPMG
Managing Director of KPMG Isle of Man, David McGarry, has announced that he will be stepping down at the end of September, as he retires from a long and successful career at the pre-eminent local audit, tax and advisory firm.
05/07/2015
Global law firm boosts London office with accomplished M&A lawyer
He brings significant experience representing clients globally across sectors including infrastructure, real estate, financial services and telecommunications.