09/09/2012
Linklaters in bid to jumpstart real estate group
Linklaters is on the hunt for a partner to join its real estate practice, leading to suggestions that management’s plans to shrink the department have gone too far, The Lawyer understands.
Legal, Regulation & Compliance
09/09/2012
Hollande unveils two-year plan, billions in new taxes
French President François Hollande pledged on Sunday to honour his campaign promise of a 75 percent income tax on wealthy individuals as he unveiled a two-year economic recovery plan featuring strict budget targets and 20 billion euros in new taxes
09/08/2012
RBS could be fined £300m to settle Libor probe
Royal Bank of Scotland could be fined up to £300m later this year to settle allegations traders sought to manipulate the libor interest rate, according to reports.
09/06/2012
Greece Steps Up Tax Evasion Crackdown With Asset Freezes
“Tolerance of tax evaders, no matter how high up they are, is over”
09/06/2012
Swiss probe leak of Julius Baer data to German officials
Late last month, Zurich-based Julius Baer said client data had been leaked. According to Swiss media, the data was then passed on to officials in North Rhine-Westphalia, a German state which has tapped leaked Swiss data before as part of efforts to hunt t
09/06/2012
FSA consults on changes to the client money and custody assets regime
The Financial Services Authority has issued a combined Consultation Paper and Discussion Paper that proposes a number of changes to the client money and custody assets regime for firms that undertake investment business.
09/06/2012
Client assets regime: EMIR, multiple pools and the wider review
This joint consultation and discussion paper on the client assets regime: European Market Infrastructure Regulation
09/06/2012
Regulator warns Barclays: we're still watching you
The banking industry has come under fresh scrutiny after the Financial Services Authority ordered Barclays to overhaul its culture and its boardroom following the appointment of its new chief executive, Antony Jenkins.
09/06/2012
HSBC adds Cleary, Latham and Mayer Brown to global panel
HSBC has appointed US firms Cleary Gottlieb Steen & Hamilton, Latham & Watkins and Mayer Brown to the bank's global legal panel.
09/06/2012
Addleshaws City corporate partner joins Hogan Lovells
He has 20 years' experience as a corporate lawyer, advising clients on corporate transactional work with a particular focus on transactions in the financial services sector.
09/05/2012
Kirkland bolsters London white collar team
The SFO itself has been hit in recent years by budget cuts, uncertainty about its future and intense criticism of its handling of several cases.
09/05/2012
EU prepares for clampdown on Libor-style indexes
"The international investigations underway into the manipulation of Libor have revealed yet another example of unacceptable behaviour by banks," Michel Barnier, the European commissioner in charge of regulation, said in a statement.
09/05/2012
UK fails to freeze Mubarak-era assets
Much of that money was invested overseas in countries friendly to the regime. Countries like Britain.
09/04/2012
Taylor Wessing hires Paris real estate team from Orrick
He will take charge of the firm’s property practice in Paris and significantly adds to Taylor Wessing’s capabilities in this area in France.
09/04/2012
Eversheds takes star competition partner from SJ Berwin
''Arrival coincides with the recruitment of five new lawyers to the UK competition team.”
09/04/2012
Another Dewey partner suits up
Another former partner is suing one of Dewey’s biggest lenders.
09/04/2012
Former ABN Amro unit under investigation in Libor scandal
The part of ABN Amro responsible for setting Libor rates is now owned by Scottish bank RBS.
09/04/2012
EC could fine companies if they miss female board quota
The EU is attempting to tackle a gender imbalance across the 27 member countries after its research found that women comprised just 13.7pc of board positions in listed companies.
09/04/2012
Accountants draft standards to audit Libor submissions
Such audits were proposed four years ago by the United States and could become a requirement under regulations being considered in Britain after a scandal over the manipulation of the London Interbank Offered Rate caused havoc this year.
09/04/2012
Ledingham Chalmers breaks £10m amid signs of recovery
The Aberdeen-based practice, which has a subsidiary called Golden Square Wealth Management, said a rise in private client work had also helped fee income in the year to 31 March grow 4.7 per cent to £10.4m.