11/02/2017
Second arrest in STM money laundering probe
The matter remains under investigation.
Legal, Regulation & Compliance
11/02/2017
HSBC 'ignored money laundering warning' in South Africa scandal
The Guptas are alleged to have bought influence in government in order to loot state enterprises.
11/02/2017
Barclays Staff to Face New York Whistle-Blowing Interviews
The CEO may have to step down if the FCA deems him unfit to lead a financial institution.
11/02/2017
SocGen Execs Are Drawn Into U.S. Libor Probe
Societe Generale’s shares fell as much as 1.1 percent in Paris
11/01/2017
Young French banker’s Claims Of Outrageous Harassment At BNP Paribas
Does BNP Paribas Have A Problem With Sexual Harassment?
11/01/2017
Bank of England calls for Brexit derivatives contract fix between UK and EU
Bank policymakers have previously warned that derivatives contracts worth a notional value of £20 trillion are at risk of becoming void when the UK leaves the EU.
11/01/2017
Womble Bond Dickinson launches – the transatlantic law firm close to home
Womble Bond Dickinson will use its strength and experience in these sectors to create opportunities for its clients and build on the success achieved so far through the strategic alliance.
11/01/2017
Billionaire brothers lose £1.25bn tax case against HMRC
Supreme court rules the taxman will not have to repay Barclay-owned Littlewoods more than £1bn in interest on historic VAT overpayments
10/31/2017
Herbert Smith Freehills - Financial regulation update
The Criminal Finances Act 2017
10/31/2017
Herbert Smith Freehills - Pensions developments
Monthly round-up of pensions-related legal developments
10/31/2017
Two Historic Glasgow Legal Firms Set To Merge
Kerr Barrie and Mitchells Roberton Have Reached A Deal
10/31/2017
Carey Olsen and Ipes advise Phoenix Equity Partners on £415 million fund
The Carey Olsen team advising on the launch of the fund was led by partner David Crosland with assistance from James Cooke and Colin Calvert.
10/31/2017
HMRC in ‘landmark’ ruling against avoidance scheme used by wealthy
The arrangement created a tax loss for investors that they could offset against other income.
10/31/2017
UK compensation scheme warns of Russian scam
UK consumers have been warned to avoid a Russian website claiming to be a subsidiary of the Financial Services Compensation Scheme.
10/31/2017
Banks need Brexit transition deal by end of year, warns FCA chief
City firms will be forced to make ‘irreversible’ staff moves if agreement is not reached, says Andrew Bailey
10/31/2017
Banks stagger Brexodus as EU regulators consider grace period
Britain's EU departure is expected to force banks to move thousands of jobs into the bloc so that they can continue processing EU-related trades.
10/31/2017
Vincent Tchenguiz and Iceland's Kaupthing settle lawsuit
I now look forward to the future and can focus on my business.
10/30/2017
EU State aid investigation of UK CFC Rules – Group Financing Exemption
The Commission will in due course publish its decision opening the investigation (opening decision), setting out its detailed reasoning as to why it considers that the group financing exemption may represent State aid.
10/30/2017
UniCredit $21 Billion Bad-Loan Sale Draws ECB Scrutiny
A Lower Price Could Lead To Higher Provisions For The Disposal
10/30/2017
Trax MiFID II APA and ARM Services Selected by Leading Investor and Dealer Clients
Combined APA and ARM Solution a Key Differentiator for Investor Community