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Legal, Regulation & Compliance

12/23/2016

U.S., U.K. and German law firms team up to help whistleblowers

Eligible clients could include anyone working with a European or multinational company whose securities trade on U.S. exchanges, as well as American companies that do business in Europe.

12/22/2016

Herbert Smith Freehills - Financial regulation update

Council of the EU statement on Brexit

12/22/2016

Spanish banks face $4.2 billion hit from European court's loan ruling

Economy Minister Luis de Guindos told reporters on Wednesday the country's financial system was healthy and could deal with the consequences of the ruling.

12/22/2016

TheCityUK urges focus on maintaining competitiveness of UK legal services industry

It particularly stresses the importance of the English courts remaining a hub for global businesses seeking to resolve international commercial disputes and of reasserting the value of choosing English law in commercial contracts.

12/22/2016

COMCO fines Swiss franc Spread cartel

COMCO’s decision can be appealed to the Federal Administrative Court

12/22/2016

Dutch housing co-op Vestia sues Deutsche Bank

We dispute the claims and will be defending ourselves in court.

12/21/2016

Cahuzac: Banque Reyl to Appeal the Verdict

The bank's CEO received a suspended jail sentence of one year and a fine of 375,000 euros

12/21/2016

Top French banks sue ECB to reduce capital demands

The Frankfurt-based institution has been sued repeatedly over its bond-buying programmes and by smaller banks seeking to escape its supervision.

12/21/2016

Financial regulation update

EBA recommends a harmonised EU-wide framework for covered bonds

12/21/2016

FCA must disclose extra documents in Libor case

There was a culture where the manipulation of the Libor setting process was pervasive

12/21/2016

U.K.-based banks could sue the bloc if it does not grant them a transitional deal

Britain's 26 billion pounds legal sector could be at 'risk' if the government fails to secure guarantees following Brexit.

12/21/2016

Eversheds partners vote in favour of merger with US firm Sutherland

Partners have voted in favour of a merger between law firms Eversheds and Sutherland.

12/21/2016

BNP Paribas, Societe Generale among major French banks suing ECB to reduce capital demands

The legal action comes amid heightened tension between banks and the ECB

12/21/2016

Spanish Banks Lose EU Case on Mortgage Interest Repayments

EU court ruling concerns ‘mortgage floors’ on Spanish loans

12/21/2016

Former trader claims in court Belgian law applies to Euribor

City watchdog disagrees with Christian Bittar’s reading of legislation

12/21/2016

Dutch housing coop Vestia seeks damages from Deutsche Bank for derivatives

Vestia's own losses are usually estimated at about 2 billion euros

12/20/2016

Herbert Smith Freehills - Financial regulation update

The PRA has published a frequently asked questions (FAQ) document on Solvency II regulatory reporting.

12/20/2016

WW Property Investments Limited v National Westminster Bank

Court of Appeal refuses permission for addition of claims regarding LIBOR manipulation

12/20/2016

UBS accused over cross-border ‘tax fraud money laundering’

French judicial authorities’ have been investigating UBS since April 12, 2012

12/20/2016

Orrick Named to Geneva's Top 5 Law Firms for Litigation and Arbitration

Geneva is an important base for our international litigation, arbitration and dispute resolution practices

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