01/15/2016
International law firm launches Luxembourg office
Following approval granted by the Luxembourg Bar, the office is set to open today, 12 January.
Legal, Regulation & Compliance
01/15/2016
Collas Crill advises on Darwin bereavement fund
Darwin was, among other accolades, named ‘Alternatives Manager of the Year’ at the 2015 LAPF Investment Awards and 'Alternative Investment Manager of the Year' at the 2015 European Pension Awards.
01/15/2016
CFTC Orders Otkritie Capital International, Ltd. to Pay a $140,000 Civil Monetary Penalty for Violating a CFTC Registration Regulation
The CFTC Order requires OCI to pay a $140,000 civil monetary penalty and to cease and desist from further violating CFTC Regulation 30.4, as charged.
01/15/2016
£7.4m insider dealing ring used burner phones and code names, court hears
The conspiracy started to unravel after the Belgravia offices of the veteran trader Ben Anderson, 71, were bugged by City regulators, prosecutors said.
01/15/2016
Army of consultants marches towards the City as regulation pushes compliance and risk wages up
The figures showed day rates for so-called contract roles
01/15/2016
Solicitors Gordon Dadds strengthens its Cardiff office with two senior appointments
John Watkins and Tristan Clappe will help deliver the firm's growth strategy
01/14/2016
UK adviser gets five years for tax evasion
A UK tax adviser and accountant has been jailed for five years after being found guilty of evading more than £6m in tax for himself and his clients, who were mostly from the media and entertainment industry.
01/14/2016
Hill Dickinson Agrees Key Acquisition
Hill Dickinson said that the deal builds on a broader programme of investment in the firm's London office
01/14/2016
Bank of England denies role in scrapping of FCA banking sector review
The Bank of England has been forced to publicly deny it had any role in the decision by City watchdog the Financial Conduct Authority to scrap a review into the culture of the banking sector.
01/14/2016
German prosecutors launch 2,000 tax cases against UBS clients: paper
Investigations into tax dodging began after the state of North Rhine-Westphalia bought a CD containing details of UBS customers in 2012
01/14/2016
Macedonia Pension Fund Probed Over Spiralling Debts
KB - First Pension Fund confirmed on Wednesday that the PIOM has paid its six million euro debt.
01/14/2016
Basel Committee softens new rules on bank capital
The Basel Committee on Banking Supervision said on Thursday that the amount of capital banks had to maintain for their trading books would be on average 40 per cent higher than they hold now.
01/14/2016
EU orders Belgium to recover AU$1.08 billion of tax breaks from 35 companies: Intensifies crackdown on tax evasion by MNCs
Belgium allowed many multinational companies to deduct profits from their taxes to facilitate intra-group synergies.
01/14/2016
US hedge fund cries foul over Greek bank
Two senior Greek bankers with knowledge of the situation confirmed that Mr Thomopoulos had been asked to step down.
01/13/2016
Dentons hires 11 partner team from Matthew Arnold and Baldwin
The Group's arrival significantly expands Dentons' highly-regarded litigation practice and creates one of the largest financial disputes and contentious regulatory teams in the UK.
01/13/2016
High-profile name is set to disappear from the City law scene
Was confirmed as a member of Barclays’ 19-strong global legal panel in July 2014
01/13/2016
Six Ex-Barclays, Deutsche Bank Traders to Stand Trial in 2017
They are the first to face charges globally in relation to Euribor, the euro counterpart of the London interbank offered rate.
01/13/2016
British Regulator Proposes Additional Rules to Claw Back Banker Bonuses
A public comment period on the proposal runs through April.
01/13/2016
Your boss can snoop on your messages - even private ones, says European Court of Human Rights
The court has ruled that it's reasonable for a company to check employees' email and instant messaging and that doing so doesn't violate their right to confidential correspondence.
01/12/2016
Law firms win pay battle with RBS as Clifford Chance, Linklaters and Allen & Overy reappointed
When launching its review in the summer of 2015, RBS asked law firms to freeze their rates in exchange for five years on the panel.