05/12/2016
FCA speech on misconduct and enforcement decision-making
Mark Steward, Director of Enforcement and Market Oversight at the FCA, has given a speech.
Legal, Regulation & Compliance
05/12/2016
U.K. Defends Conviction Rate After $20 Million Insider-Trading Case
The probe involved bankers at some of the world’s most prestigious firms, and sent shockwaves through the industry when seven men were arrested in a series of dawn raids in 2010.
05/12/2016
Beneficial ownership: the good, the bad, and the geeky
Discussions quietly began the over how Jersey might introduce a public register.
05/12/2016
Law Firm Combines Four Specialist Teams
When complete it will have more than 40 partners and nearly 500 staff in 15 locations across the UK including Southampton.
05/12/2016
Unfair Tipping Practices by Chris Weaver and Orla Bingham, Payne Hicks Beach
Unfair practices included employers charging an administration fee for handling discretionary payments for service or even keeping these payments from workers in their entirety.
05/12/2016
Legal Comments: corporate corruption and a property beneficial ownership register by John Milner, Head of Business Crime and Fraud,IBB Solicitors
For many international property owners, this type of ownership affords protection against the less than legitimate regimes of the countries from which they originate.
05/12/2016
Wake up call for charities – the common reporting standard is here - Withers
Although the Common Reporting Standard (CRS) catches charities in its due diligence and reporting net, its potentially onerous impact remains largely unrecognised by the charities sector.
05/12/2016
Ex-Barclays banker revealed as pleading guilty to Libor rigging
Court lifts order restricting plea during trial of five others for manipulating benchmark for pricing financial transactions worldwide
05/12/2016
Russian Trust Bank’s $85 million claim against Edenbury trading ltd to be heard in July
Besides, on May 30 a court of appeals will examine a complaint submitted by a Cypriot frim TIB Investments Limited against a court ruling ordering it to pay 1,996 billion rubles (about $30.5 mln) in favor of the bank.
05/12/2016
UK tipped off over Swiss bank years before US exposed tax fraud
The banking secrecy techniques revealed in internal BSI documents seen by the FT offer the latest glimpse of how bankers in the City have helped clients move money around the world incognito.
05/11/2016
Debevoise Advises Rexel in the Placement of €650 Million Senior Notes
They are being offered exclusively to investors outside the United States and are expected to be listed on the Luxembourg Stock Exchange.
05/11/2016
Draghi Cast as Cash Conspirator Foreshadows German Clash on Exit
The skirmish could augur bigger battles to come, as the gradual healing of the euro-area economy will one day justify a winding down of the unprecedented stimulus measures that the ECB has thrown at it during Draghi’s four years in charge.
05/11/2016
New CPA President warns of dangers of unsustainable tax base
“Relying on continuing economic growth to deliver the uplift in revenue is not sustainable”
05/11/2016
Cayman Islands: Cayman Joins Beneficial Ownership Initiative
The Premier, the Hon. Alden McLaughlin, said Cayman's invitation to participating jurisdictions is one of a number of current, significant measures that it is taking to promote global tax compliance
05/11/2016
Cameron will use anti-corruption summit to call on wealthy to admit sources of cash
Cameron is expected to announce the new transparency measures at Thursday’s summit
05/11/2016
Banks cull accounts in fight against corruption
The purges show how the world’s biggest banks are becoming more aggressive in closing client accounts either because they are considered too risky under anti-money laundering rules or because they have become uneconomic in light of new regulations.
05/10/2016
Irish Law Awards 2016: Full List of winners
More than 550 people attended the prestigious AIB Private Banking Irish Law Awards ceremony in the Doubletree by Hilton Hotel on Friday.
05/10/2016
Meet the Five Men Involved in the Largest U.K. Insider Trading Case
After a four-month trial, only two of five defendants in Britain’s most profitable insider-trading case were found guilty.
05/10/2016
Deutsche Bank May Have Been Late In Announcing CEO's Departure -Bafin
Germany's flagship lender issued a statement on June 7, 2015, saying John Cryan would replace Anshu Jain as chief executive, about two hours after several international media organizations had reported the news.
05/10/2016
Two convicted of insider dealing in Operation Tabernula trial
Mr Dodgson worked at Morgan Stanley as a vice president in global capital markets until January 2007