03/16/2015
Ogier is leading offshore adviser to European IPOs
The firm, which has offices in Jersey, Guernsey, Luxembourg, Cayman Islands, BVI and Hong Kong, was ranked 12th in the previous year.
Legal, Regulation & Compliance
03/16/2015
Cyprus becomes "Equivalent Jurisdiction" under Cayman Money Laundering Regulations
On 21 November 2014 the Cayman Islands gazetted an amendment to the Money Laundering Regulations (Regulations) to include Cyprus in the Third Schedule to the Regulations which lists countries and territories with equivalent legislation for anti-money laun
03/16/2015
FSCS to review claims over property funds hit by SFO probe
The Financial Services Compensation Scheme has started to process claims against advisers in relation to three Stirling Mortimer funds which make up the Stirling Mortimer Global Property Fund.
03/16/2015
Spanish Bank Seeks Creditor Protection After Withdrawals
Banco de Madrid SA stopped operations and is seeking protection from creditors after the U.S. accused its parent, Banca Privada d’Andorra, of money laundering.
03/16/2015
Hume Capital Securities suspends trading as funding fails
The company’s board had appointed insolvency practitioners Leonard Curtis and legal advisors DWF to look at its business model but has now appointed administrators to assess its position going forward.
03/15/2015
'Remuneration requirements for banks – a global comparative analysis' - Norton Rose Fulbright
This guide is the third in a series that Norton Rose Fulbright has produced on structural banking reform
03/13/2015
Regulator scraps plans for list of AE providers
The Pensions Regulator’s anti-competitive stance will limit choice for smaller employers
03/13/2015
Commerzbank of Germany to Pay $1.5 Billion in U.S. Case
Collectively, the investigations were a magnet for federal and state authorities
03/13/2015
Lombard Risk Announces Support for Margining on Noncleared Derivatives
Users can take confidence in that COLLINE has been supporting various regulatory initiatives such as IOSCO, Basel III, Dodd-Frank and EMIR as they have arisen.
03/13/2015
Another senior exit for Barclays as EMEA investment bank GC steps down
It is understood that Handling's successor has been chosen and the appointment will be announced within the next couple of weeks
03/13/2015
KWM’s City litigation head leaves for Covington
US firm Covington & Burling has bolstered its European disputes capabilities
03/12/2015
ABN Amro fires six at Dubai office
ABN Amro Group NV has fired six employees at its private banking arm in Dubai after discovering they breached its code of conduct. The Dutch bank said Wednesday that the employees, four of whom were relationship managers, breached internal compliance rul
03/12/2015
New HR manager at Isle of Man law firm
She gained a wide range of experience with a number of life assurance companies before setting up her own recruitment and HR business.
03/12/2015
Bank sought offshore clients in midst of Revenue inquiry
Investigation into Irish HSBC accounts yields €4.6m in settlements
03/11/2015
Ex-Russian investigator wins $1,700 from Hermitage Capital
They accused him publicly on many occasions of committing serious crimes
03/11/2015
Leeds United: Whites reach a deal to lift Leeds City Holdings winding up order
Leeds United have reached a deal which will lift a winding-up order from the club’s former parent company, Leeds City Holdings.
03/11/2015
Spain takes over unit of Andorra bank in laundering probe
Spain's central bank has taken over a bank that caters to the rich following accusations by the United States that its Andorran owner was involved in laundering money for criminal groups from China, Russia and Venezuela.
03/11/2015
HFW continues investment with Partner promotions
Reflecting its international reach and client base, Holman Fenwick Willan has today announced Partner promotions in four of its international offices and in line with its focus on sector specialisation
03/11/2015
Santander and Deutsche Bank fail US 'stress tests'
Santander and Deutsche Bank have failed a US "stress test" designed to assess whether lenders can withstand another financial crisis.
03/10/2015
Mishcon, Latham and OC up against City elite as shortlists announced for 2015 Legal Business Awards
Clifford Chance, Mishcon de Reya, Osborne Clarke and DLA Piper are among those vying to win prizes at what promises to be the largest-ever Legal Business Awards.