04/08/2019
Jury discharged in Barclays executives fraud case
Ex-chief executive and three others on trial over alleged payments to Qatar in 2008
Legal, Regulation & Compliance
04/08/2019
Sanjeev Gupta's new bank eyes brisk UK trade after Brexit
Mr Gupta's GFG Alliance has just received approval from British regulators for the Commonwealth Trade Bank to operate as a separate entity, almost a year after he acquired what was known as Diamond Bank UK, from its parent in Nigeria.
04/08/2019
Less-cash, but not cashless by Sarah John
The wholesale cash distribution system is a key part of the cash cycle that enables the public to use the banknotes they want to, when they want to.
04/07/2019
Central Bank of Ireland governor Lane tots up €75,000 in expenses
Records show that Lane claimed just under €75,000 in expenses over 2018
04/05/2019
New Lessons from the Barclays Whistleblowing Case
Under the terms of the enforcement action, designated “whistleblower champions,” approved by UK regulators as senior managers, must personally attest each year to the soundness of the bank’s whistleblowing systems and controls.
04/05/2019
North-east mayor slaps compulsory purchase order on three Thai banks
Regeneration of hundreds of acres frozen by dispute with lenders over collapsed Asian-owned steelworks
04/05/2019
FCA register will go down if UK leaves EU next week
The register would be updated to reflect changes required to companies' details in the event of Brexit
04/05/2019
Cyprus Ministry of Finance presents draft EU Anti-Tax Avoidance Directive
The draft legislation contains five anti-abuse measures relating to controlled foreign companies
04/04/2019
FSCS pays out £14m over failed property scheme advice
The FSCS received claims against five advice firms in relation to advice on the investment.
04/04/2019
Former UOB Banker Loses Racial Discrimination Claim
As there was no proof of discrimination, Smith's award is capped at 84,000 pounds ($110,000).
04/04/2019
Ogier advises on pre-Brexit Luxembourg dual listing of LSE-listed company
Thalassa is a diversified holding company which in 2018 sold its main operating asset, WGP Group, for $20m (purchased in 2011 for $1.35m) plus a potential $10m earnout; $6m of which has been earned, $1.2m has been received and $4.8m of which is due by 11
04/04/2019
Outlook for 2019: cross-border M&A and post-merger integration
Unfeasible expectations can dampen or even derail the transaction.
04/04/2019
Royal Court Varies Footballer's Pension Trust To Provide For His Children
Collas Crill acted for one of the applicants
04/04/2019
Appleby advises Tritax Big Box REIT on the acquisition
The transaction involved the acquisition of a number of BVI companies with due diligence and BVI acquisition mechanics being led by Isle of Man based corporate partner and head of Appleby’s BVI (GMT) team Kyle Sutherland and assisted by associate So
04/04/2019
Spain tells expats not to panic over Brexit
Madrid has issued an advice update to the expat community stating that there is a 21-month grace period during each the British living in the country will be considered a legal resident, even if they do not have the certificate.
04/03/2019
Financial Prey for the Populists
As the global wave of cross-border banking recedes, foreign banks are becoming easy targets for populist expropriation, especially in Central and Eastern Europe.
04/03/2019
EU warns of liquidity risks, financial disruption from no-deal Brexit
Speaking the day after the British Parliament failed again to agree on the way forward for Brexit, Dombrovskis said there was a “material risk” that Britain will leave the EU on April 12 without a divorce deal.
04/03/2019
Panama Papers Helps Recover More Than $1.2 Billion Around The World
French tax authorities have confirmed nearly $136 million has now been recovered – and that figure is expected to rise.
04/03/2019
Luxembourg law firm joins Harneys
M Partners have strong cross-border expertise, familiarity with the offshore environment, long standing client relationships and a common law approach.
04/03/2019
Quilter to buy 400 adviser-strong Lighthouse Group for £42m
Lighthouse, and Quilter’s advice business, Intrinsic, are highly complementary in structure and focus on delivering good customer outcomes.