05/09/2016
New rules have created a research headache for fund managers
Draft EU rules will force fund houses to reveal structure of fees and charges
Legal, Regulation & Compliance
05/09/2016
Allen & Overy announces 35 new Counsel promotions
The 35 promotions span the Banking, Corporate, Employment, ICM, Litigation, Real Estate and Tax practices and are effective as of 1 May 2016.
05/09/2016
Deutsche Bank Freezes `Billionaire' Vik's Confirmit Shares
The German lender, which has accused Vik of trying to hide assets, argued the shares were held for his benefit.
05/09/2016
The right strategy elevates regulatory reporting
There are no signs that change in the regulatory environment is going to abate any time soon.
05/09/2016
Assessing the best AIFMD Management Company options
Since AIFMD officially went live two years ago, much advice and guidance has been proffered on how to approach the issue of establishing an AIFM or management company presence in Europe.
05/09/2016
LexisNexis report reveals 95% of independent lawyers and midsize firms predict 'rough times' ahead
The report also shows the correlation between growing, successful firms and other identifiable factors.
05/09/2016
The Italian Job
On the heels of a major acquittal, Deutsche Bank's top executives are being investigated once again – this time by an aggressive prosecutor in a small, southern Italian town.
05/06/2016
European Commission under MiFID II Requests Amendments to Draft Technical Standards
The Commission concluded that it would not endorse the draft RTS until the approach to defining a liquid market for bonds is further aligned with the approach for all other non-equity instruments.
05/06/2016
Esma: Use Mifid to promote offshore products
Esma, which provides regulatory assistance to the European Commission, has responded to a paper from the commission that criticised the EU-wide retail financial services market for being uncompetitive.
05/06/2016
FCA issues warnings on rogue firms
Its warning noted the fraudsters may use the name of the genuine firm, along with a reference number which has been given the authorised firm.
05/06/2016
Deutsche Bank says cooperating with Italian authorities on bond sale investigation
Deutsche Bank said it is cooperating with authorities in Italy in an inquiry regarding the sale of Italian sovereign bonds in 2011
05/05/2016
Law firm in eighth Central Belt expansion
The combined businesses – which will trade under the Aberdein Considine brand from next month – will together employ 360 staff and have a total turnover of more than £21million.
05/05/2016
Wealth firm launches structured product MPS
The new service provides advisers with access to three portfolios, made up of structured products.
05/05/2016
Clydesdale Bank sets aside £450m for new PPI payouts
Another £450m is being set aside to compensate Clydesdale Bank customers for mis-sold payment protection insurance.
05/05/2016
Court of Appeal refuses permission to appeal Upper Tribunal decision
The Court of Appeal has refused permission to appeal the decision of the Upper Tribunal (Tax and Chancery Chamber) in Jeffery v The Financial Conduct Authority [2016] EWCA Civ 187.
05/05/2016
Tom Hayes Taps Crowdfunding to Raise $218,000 for Appeal
Hayes plans to refer his case in June to the Criminal Cases Review Commission, an independent organization set up to investigate suspected miscarriages of justice in U.K. courts, his lawyer, Karen Todner, said in an e-mailed statement Wednesday.
05/05/2016
Former Wales footballer and Anglesey man in Serious Fraud Office probe
The four face two charges with conspiracy to commit fraud by false representation.
05/05/2016
Bonham Carter: Why QE is a form of 'methadone' failing to re-animate Europe
"Europe has been in a period of no growth or very low growth for a long time now, and this can only be exacerbated by the slowdown in China."
05/04/2016
Revealed: UK Banks And Firms Handled £20 Million Connected To Russian Fraud Case
The case is especially politically contentious following the 2009 death in a Russian prison of Sergei Magnitsky, a Russian lawyer investigating the alleged fraud on behalf of Hermitage.
05/04/2016
Deutsche Bank and UBS schemes - Supreme Court finds in HMRC’s favour
The Supreme Court held that it was capable of applying a purposive interpretation to the relevant ITEPA rules and that, in doing so, the shares were not “restricted securities”.