12/04/2012
Britain threatens to veto EU bank supervisor
Britain has threatened to veto the creation of a new eurozone banking supervisor unless the European Union also agrees to protect the City of London from protectionist financial regulation.
Legal, Regulation & Compliance
12/04/2012
UK lags behind the rest of the EU in preparing for SEPA Direct Debit
Many organisations to miss out on benefits, impacting EU competitiveness, finds study from Steria and EDC
12/04/2012
PwC General Counsel to join Norton Rose in January 2013
He joins from PwC where he is General Counsel and has been a member of the UK firm"s Executive Board for the past ten years.
12/04/2012
Operating Principles and Areas of Exploration in the Regulation of the Cross-Border Derivatives Market - ESMA
Operating Principles and Areas of Exploration in the Regulation of the Cross-Border Derivatives Market
12/04/2012
Baker & McKenzie remains leading law firm brand among in-housers
The findings form part of Acritas’ third annual ranking of the strongest global law firm brands which clearly shows that internationalisation holds the key to law firm brand strength.
12/04/2012
FSA to appoint administrators to oversee Libor submissions
By making the act of administrating Libor a regulated act, the FSA has proposed removing the British Bankers
12/03/2012
Fund industry could take up to a decade to alter fees model
Levels would be determined by market forces but warned a drop in fees would not happen immediately.
12/03/2012
Linklaters accounts reveal £2.5m payout for 2011-12's top earner
The firm this summer reported a 1.5% increase in average profits per equity partner to £1.243m.
12/03/2012
George Osborne targets ‘cowboy’ tax advisers and their schemes to shelter wealth
Tax avoidance is estimated to cost the country a staggering £32 b illion a year. Further action to shut loopholes is expected on Wednesday in the Chancellor’s Autumn Statement.
12/03/2012
Linklaters' Aussie alliance partner names new chairman
He will begin his term as chairman on 1 January 2013.
12/03/2012
SEI gears for post-RDR UK push
SEI Investments is a Pennsylvania-based investment giant, currently running $195bn in assets under management globally.
12/03/2012
German Tax Authorities Look Into Deutsche Bank, Commerzbank Clients
The inquiries have become public a few days after tax authorities raided the offices of the German unit of Italy's UniCredit SpA, HypoVereinsbank, on suspicion of tax evasion.
12/02/2012
Ascentric adds legal services to platform
The products are available online and a fully-qualified solicitor will review every case to ensure client needs are met properly.
12/02/2012
B of A, UBS Settle Derivatives Dispute With Italian Region
B of A and UBS brought suit in a London court against Lombardy to uphold the swap arrangement.
12/02/2012
FSA delays platform paper publication to 2013
The Financial Services Authority (FSA) has extended its deadline for platforms to implement the changes it will implement in its forthcoming platform policy paper.
12/02/2012
France Sexy No More for Entrepreneurs Escaping Hollande
France looks more like an old maid to me
12/02/2012
Adoboli’s Ex-Manager Sues UBS Saying Firing Was Race Bias
He was UBS’s head of European cash trading, alleges race discrimination and unfair dismissal in a lawsuit filed in June at a London employment tribunal
12/02/2012
Third time unlucky for UBS
UBS faces a third FSA investigation in four years, this time for Libor. A record-breaking fine is coming its way…
12/02/2012
FSA issues warning over 'rare earth' metals investments
An increasing number of people are being approached by firms promoting investments in rare earth metals and related schemes.
11/29/2012
UK government rejects calls for British version of FATCA
Magazine claims draft legislation exists already