05/04/2017
Germany halts bail out demanding MORE austerity and pension cuts
Germany says it will not support a bail out deal for Greece until it pushes through laws to cut pensions and inflict more austerity on its citizens.
Legal, Regulation & Compliance
05/04/2017
Spain names 7 former HSBC bankers as suspects in money laundering case
At the heart of the Spanish case are accusations that HSBC helped Spanish clients to transfer abroad and later repatriate funds “with the intention of hiding them from the public treasury”, the High Court said.
05/04/2017
Calls for special audit of Deutsche Bank governance standards
Lampatz, who first brought the shareholder resolution, has noted that the report of the bank's internal investigation has not yet been published
05/03/2017
TISE launches Channel Islands and Isle of Man segments
Companies are eligible for inclusion on the Channel Islands or Isle of Man segments if they are trading companies
05/03/2017
Investec launches BTL fixes and links trackers to base rate
Applicants can apply for a buy-to-let mortgage either as an individual or via a limited company structure.
05/03/2017
Can vertically integrated firms manage conflicts?
Vertically integrated models come in different shapes and sizes.
05/03/2017
Spanish court to question Santander, BNP bankers in HSBC tax probe
The euro zone's largest bank by market value, said in a statement it had complied with the law at all time and had actively cooperated with the court by providing all the documentation and information requested.
05/03/2017
Panama Papers fugitive arrested in Ukraine after 3 years on the run
He fled Europe shortly before an Italian judge issued a warrant for his arrest in June 2014.
05/03/2017
Ashurst unveils spring retention rate of 85%
Ashurst has confirmed nine fresh-faced associates are based in its corporate division, five in finance and two in dispute resolution.
05/02/2017
Malta PM Calls Early Elections Amid Wife's Offshore Account Scandal
Malta's Prime Minister has called early elections following allegations that his wife holds secret offshore accounts in Panama.
05/02/2017
Brussels set for power grab on London’s euro-clearing market
Plans seek EU policing or operators’ relocation for €850bn-a-day business
05/02/2017
A struck-off solicitor turned financial advisor has been jailed for six years
Despite promising to repay the stolen cash - not a penny has been returned.
05/02/2017
Herbert Smith Freehills - Financial regulation update
FCA policy statement on PRIIPs Regulation disclosure rules
05/02/2017
Bank of Russia Officially Kicks Off Forex Brokers Regulation
The news doesn’t come as a surprise and has been widely expected by retail forex providers that have already received official approval from the central bank.
05/02/2017
The European Parliament Examines the Roles of Attorneys in Tax Evasion and Laundering Schemes
The studies are lengthy and full of interesting details and graphs.
05/02/2017
After Goldman loss, Libya’s SocGen case cloaked in secrecy
$60b oil-wealth fund fighting to recoup billions of dollars in losses on deals that soured during global financial crisis a decade ago
05/02/2017
Billion dollar merger of three city law firms marks biggest in UK history
Three London law firms officially merged yesterday, creating the sixth biggest legal practice in the world and generating more than €1 billion in annual revenue.
05/01/2017
Financial firms scramble to meet MiFID II deadlines
The survey says that financial firms spend approximately 4 percent of their budget on compliance as of now, but it could increase to as much as 10 percent by 2022.
05/01/2017
RBS lawsuit set to draw Fred Goodwin into court drama
Former chief a defendant in blockbuster £700m High Court lawsuit brought by investors
04/30/2017
Lack of language skills thwarting UK law firms expansion
UK law firms face a major problem in making inroads to the growing emerging marketplace - the ability to communicate in local languages.