05/02/2016
Banker who sold 'Belfry' in €50m suit against AIB
Former private banking manager is one of almost 350 suing AIB over its 'Belfry' funds
Legal, Regulation & Compliance
05/02/2016
ECB’s Coeuré Defends Bank’s Policies to German Audience
Says it would also be detrimental to renounce inflation target
05/02/2016
UK Financial Conduct Authority Trade Association Roundtable on MiFID II Implementation
The FCA confirmed that for existing regulated activities and investment types, it is aiming to open the authorizations gateway by the end of 2016.
05/02/2016
Deutsche Bank Said to Be Faulted by FCA Over Lax Client Vetting
The FCA outlined lapses in the U.K. within two parts of the company -- the global markets division and the corporate and investment banking business.
05/02/2016
Royal Bank of Scotland Group Probes into 1MDB Investigations
The bank is also cooperating with the regulators in other countries on the same accounts, to culminate in the inquiry.
05/01/2016
FCA Policy Statement on UK implementation of the EU Market Abuse Regulation - Herbert Smith Freehill
The FCA has published its Policy Statement (PS 16/13) on the UK implementation of the EU Market Abuse Regulation and the final rule changes for the FCA Handbook. In this ebulletin we summarise the points made in the Policy Statement and also the issues ra
04/29/2016
Eversheds makes up 26 partners as TLT names four in reduced round
The company commercial practice group promoted 15 new partners – the highest in the practice groups in the firm, while litigation and dispute management and human resources made up four each, with three in real estate.
04/29/2016
Swiss Regulator Probes Coutts in International Investigation
Switzerland has attracted unprecedented scrutiny from foreign authorities in recent years
04/29/2016
Debevoise Advises CD&R in Acquisition of Kalle
Debevoise advised CD&R on financing and tax aspects of the deal.
04/29/2016
Bhs has lessons for the state of pension regulation
The BHS schemes are now unsecured creditors in the insolvency process, with a whopping £571m claim against BHS’s corporate assets — the largest by a long way — but, as most assets are secured, they will receive virtually nothing.
04/29/2016
CMS announces 31 partner and two director promotions globally, alongside key management changes
CMS has added 31 partners across 22 offices globally, in addition to two director appointments in Scotland. Women represent over 39% of the firm’s promotions, spread across a number of practice areas and jurisdictions
04/28/2016
UK's big four banks face £19bn in compensation, fines and legal costs
Barclays, HSBC, Lloyds and RBS expected to pay out sum by end of 2017, taking total since 2011 to £75m, says Standard & Poor’s
04/28/2016
EU defines high-frequency trading
The European Commission has given details of how it will define high-frequency trading as part of its new approach financial markets regulation, the revised Markets in Financial Instruments Directive.
04/28/2016
What happens in Panama stays in Panama? A short review of the law of confidence by Nigel Adams
The law of confidence exists in English law to protect confidential information from publication and/or other unauthorised use.
04/28/2016
FCA publishes Market Watch newsletter
The Financial Conduct Authority (FCA) has published Market Watch 50.
04/28/2016
International Update from the Law Society of England and Wales
There are opportunities for lawyers around the world to participate in the World Bank's Doing Business project 2017, and for members who wish to get involved with visiting delegations from Ghana, China, Malaysia and Japan.
04/28/2016
Libya SWF case against Goldman Sachs back in London court on May 5
A pre-trial review hearing has been confirmed for May 5 and a trial date is expected to be set for early June.
04/28/2016
Senior Barclays executive denies knowledge of Libor rate rigging
Michael Bagguley, a prosecution witness in the trial of five former Barclays traders, denied any involvment in or knowledge of rate rigging
04/28/2016
Hungary’s Central Bank Companies May Keep Some Data Secret
Amendment allows central bank to conceal information that would hinder the competitiveness of its companies
04/27/2016
UK's Big Four Banks Face £19bn In Compensation, Fines And Legal Costs
Barclays, HSBC, Lloyds and RBS expected to pay out sum by end of 2017, taking total since 2011 to £75m, says Standard & Poor’s