12/18/2015
The City watchdog is holding a summit with top bankers
The summit forms part of a series of meetings between McDermott and senior banking execs after years of banker bashing, fines and financial scandals.
Legal, Regulation & Compliance
12/18/2015
IMF chief Lagarde to appeal French trial decision
Lagarde, who was French finance minister at the time, denied wrongdoing in a statement Thursday and said she had ordered her lawyers to appeal the decision.
12/18/2015
World Bank Assists FYR Macedonia in Improving Quality of Financial Reporting
This assessment focuses on the strengths and weaknesses of the accounting and auditing environment that influences the quality of corporate financial reporting, and includes a review of both statutory requirements and actual practice.
12/18/2015
Private client law firm eyes more deals as merger completes
The parties said the merger had transformed the structure of the group with legal services to businesses and high net-worth private client work now accounting for half the group's turnover. Personal injury work – 80 per cent of which is made u
12/18/2015
Bryan Cave Partner Elected to the Board of the Emerging Payments Association
The EPA is a community for the world’s most progressive payments companies and is the most influential trade body for the industry.
12/18/2015
French court says seizure of Russian assets by Yukos investors can go on
Yukos shareholders began in June of this year to seize bank accounts and properties in Paris and other parts of France belonging to the Russian Federation.
12/17/2015
A Stern Warning from the Supreme Court in England to Spouses who Hide their Assets - Withers
Implications for Hong Kong?
12/17/2015
DWF enters Germany through boutique merger
To further its client-led international expansion leading UK legal business DWF has announced that it is to acquire German international commercial law firm on 1st January 2016.
12/17/2015
Vatican told to get tough on those caught laundering money
The Vatican had to agree to the vetting procedure after it joined the European Union Monetary Convention in 2009 as part of an effort to clean up its finances and shed the Holy See’s reputation for financial scandals.
12/17/2015
Supreme Court dismisses Trump challenge to Scottish wind farm planning consent
Renewables developers will "breathe a sigh of relief" after the UK's highest court rejected Donald Trump's legal challenge to planning approval for an 11-turbine offshore wind farm near his Aberdeenshire golf course, an expert has said
12/17/2015
Ex-Rabobank Traders Call Libor-Rigging Evidence Tainted
The defendants argued the prosecution was tainted because of testimony by the government’s star witness
12/17/2015
FCA bans advice boss over £2m Ucis losses
Senior management at Quintillion set up a Ucis fund in 2009
12/17/2015
Osborne lines up Swiss regulatory chief to replace Wheatley at FCA
Osborne is expected to sign off on a decision in a matter of weeks.
12/17/2015
Swiss ban for six former UBS traders over market rigging
Finma has determined that the individuals concerned were directly responsible for serious regulation breaches,” the body said in a statement following an investigation undertaken last year.
12/16/2015
FCA releases MiFID II consultation paper
A significant part of MiFID II takes the form of EU regulations that are directly applicable in the UK without the need for changes to domestic law or regulation.
12/16/2015
Five wealth managers not up to scratch: FCA
The City watchdog released a thematic review into the £600bn wealth management industry on 9 December.
12/16/2015
Lords fail to overturn UK government plans to soften rules on banker accountability
Several independent peers joined the government to vote down an amendment that would have retained tougher rules on bankers first put in place following the collapse of Britain’s banking system in 2008.
12/16/2015
German trader claims FCA wrongly identified him in Deutsche probe
Mr Vogt is still employed by the bank until the end of this month but no longer does any day-to-day work there, the tribunal heard.
12/15/2015
Osborne accused of 'buckling to pressure' from banks on accountability
This would mean that they would not be able to escape disciplinary action over scandals like the rigging of the Libor lending rate by claiming they did not know or understand what high-paid traders were doing.
12/15/2015
Sir Bob Geldof faces court battle over African investment company
A judge was asked to decide whether the dispute - centred on the 8 Miles private equity firm of which Sir Bob is the chairman - should proceed to a trial.