04/11/2017
Four more banks named in bond price-fixing complaint
Who worked at three of the banks, has also been named as a defendant in the amended lawsuit.
Legal, Regulation & Compliance
04/11/2017
Award-winning litigation team attracts new talent
With all the uncertainty around Brexit we also have the advantage of being the only firm in the North East to offer contentious competition law.
04/10/2017
U.K. Green Bank Sale Can Proceed After Court Backs Macquarie
It was put up for sale last year as part of a drive to raise money from privatization.
04/10/2017
Barclays's Staley Draws U.S., U.K. Whistle-Blower Probes
Regulators review whether bank chief tried to unmask tipster
04/10/2017
I'm a fund manager and I got caught by £13k exit fees on my pension
A few companies removed exit fees entirely for all customers.
04/10/2017
AIG targets non-doms hit by inheritance tax change
AIG has been working on a solution and is now able to offer life cover to non-residents
04/10/2017
Money laundering client gets law firm director suspended
Both companies were dissolved before proceedings began.
04/10/2017
Lloyds to compensate fraud victims with £100m scheme
The bank said it will provide interim payments on a case-by-case basis to assist victims in financial difficulty
04/10/2017
FCA and PRA launch whistleblowing probe into Barclays boss Staley
The board immediately instructed an external law firm, Simmons & Simmons, to conduct a investigation into the matter
04/10/2017
Baker McKenzie sees London revenue up to £176m as profits leap
The London office has also seen a major boost in profitability, with profit for distribution among members up from £47.2m to £70m, a 48% increase.
04/10/2017
Brexit is making it cheap and attractive for Asian banks to expand business in London
"Sterling getting cheaper has been an attractive draw to the Asian investor, and with Brexit, the UK may reach out to Asia more as a trading partner."
04/10/2017
Director of company that 'misused' €66m co-owns pensions advice firm
The company was liquidated in 2011 after a High Court-appointed investigation by two Central Bank inspectors found "systemic and deliberate misuse" of clients' money.
04/10/2017
Jersey: The Advantages Of Jersey As A Corporate And Trust Domicile
These reasons are all compelling and have been applicable for many years
04/10/2017
LLP latest: Travers' top paid takes home £1.5m as Mishcon 'shares the love'
This figure in LLP accounts does not necessarily equate to the highest paid equity partner and can relate to 'golden handshakes' to retiring members.
04/10/2017
Redwood Bank revs up for launch
Redwood Bank will be headquartered in Letchworth, but it will also open a northern regional office in Warrington.
04/10/2017
Irish residents must declare accounts, assets and benefits outside of the State or face tax penalties
This is a freely disclosed tax default to Revenue, rather than it being discovered through an audit or investigation.
04/10/2017
Basel Regulatory Commission Questions Large Bank Risk Controls
The directional exposure of big bank’s non-cleared derivatives remains unknown, which is at the core of the problem of bank risk controls.
04/10/2017
Bank of England implicated in Libor rigging scandal by secret recording
The 2008 recording adds to evidence that the central bank repeatedly pressured commercial banks to push their Libor rates down during the financial crisis.
04/10/2017
Clifford Chance, Hogan Lovells and Ashurst lose out on FCA panel
Squires won a place for advice on financial crime and RPC won a role to act on business conduct matters.
04/10/2017
Adviser banned for nine years over Sipp advice
It also did not make sure there were appropriate systems, controls, risk analysis and management information in place.