09/06/2016
Tchenguiz brothers’ legal bill hits £5.1m in court battle against Grant Thornton
Robert Tchenguiz followed suit and filed against the same defendants in 2015.
Legal, Regulation & Compliance
09/06/2016
AG has been shortlisted for five awards in the Financial Times Innovative Lawyers awards 2016, outlining the firm's commitment to shaping the future of legal services
The awards will be held on 5 October 2016 at the Natural History Museum in London.
09/05/2016
Apple's top lawyer fires back at EU over tax ruling
After being told the company owes $14.5 billion in back taxes, Apple's general counsel says the European Commission has its numbers wrong.
09/05/2016
Boardroom ban for Irish chief linked to $16bn Ponzi scheme
Financial storm centres on Belvedere Management Ltd, which controlled billions of assets
09/05/2016
Proposed amendment to Finance Bill could hamper implementation of OECD international tax reforms
The IRS made it quite clear that country-by-country reports will not be shared with any country that poses a threat to confidentiality.
09/05/2016
Legal loophole on tax evasion to be debated at Westminster
The call for a review will come as an amendment to the Government’s finance bill on Monday and follows a series of Herald investigations that revealed how the Scottish-based firms were being used to launder profits from gun-running deals.
09/05/2016
French ex-minister in court over tax fraud, money laundering
Cahuzac, who acknowledged evading taxes for two decades, faces up to seven years in prison and a 1 million-euro fine if convicted.
09/05/2016
HSBC'S Foreign-Exchange Dealings Under Scrutiny Again
Such an incident of suspected malpractice is nothing new for HSBC, a bank that has regularly caught the attention of US regulators in recent times.
09/05/2016
Scheme rules may block Treasury's advice allowance plans
Some experts raised concerns that scheme rules might block the changes, and have questioned public demand for advice.
09/05/2016
Central Bank seeking experienced UK regulators
Authorities looking to hire ahead of anticipated influx of financial services firms
09/04/2016
Barclays denies allegations of fraud
In court documents filed in the UK High Court on 1 September, PCP Capital Partners alleged that the GBP 7.3 billion capital-raising carried out in 2008 by Barclays constituted ‘a fraud on its shareholders perpetrated through a series of unlawful tra
09/02/2016
The prince's ex sues Barclays
She was instrumental in a deal to save Barclays struck at the height of the banking crisis in October 2008, which raised £7.3billion and saw off the need for a state bailout of the lender.
09/02/2016
FSB - measures to reduce misconduct risk - Herbert Smith Freehills
The Financial Stability Board (FSB) has published its second progressreport on measures to reduce misconduct risk.
09/02/2016
Italy places Cayman on ‘whitelist’
The Cayman Islands continue to make positive strides as a reputable international financial centre as it co-operatively develops legislation for the AIFMD compliant regime to market into Europe beyond the national private placement regimes.
09/02/2016
FCA expects to accept Mifid II applications next year
The regulator also said that it would appreciate early applications from firms to help it handle the work involved.
09/02/2016
German watchdog says bank mergers no panacea
It is tough work to extract synergies from mergers, and merging two weak banks does not usually create a strong one, Hufeld added.
09/02/2016
Police charge man with the murder of former Coutts banker
Tragic Oliver Dearlove died as he and his girlfriend were thinking of starting a family
09/02/2016
Podcast: Robo-advice and related legal work
Robo-advice tools provide a range of financial advice to clients
09/01/2016
FCA urged to crack down on ‘irresponsible’ payday lenders flouting guidance
The regulator introduced a cap on payday loan interest rates and fees in January 2015 after it found evidence of widespread malpractice.
09/01/2016
Potential AIFMD Passporting to Switzerland and FINMA's Guidance on EU Regulations
The European Securities and Markets Authority has set out rules on eventually - extending the EU passport to non-EU AIFMs and AIFs.