01/19/2016
‘A real achievement’: Pinsent Masons tops Stonewall rankings for LGBT inclusive law firms
The index tracks equality in the workplace including policy, staff engagement and career development.
Legal, Regulation & Compliance
01/19/2016
Basel rules to cost banks €40m-€120m each, says study
These divisions already have seen their returns cut by higher capital requirements imposed in the aftermath of the financial crisis.
01/19/2016
Deutsche Bank to Face British Lawsuit Over High-Speed Trading
Deutsche Bank denied the claims in the lawsuit
01/19/2016
Leaked Recording Upends Case of 'Rogue Trader' Convicted of Losing Bank Billions
Kerviel insists that his bosses were aware of his trades, and that they share responsibility.
01/19/2016
Christian Aid Urges Davos to act on Swiss bank secrecy
Its role in helping the wealthy and powerful evade hundreds of millions of pounds of tax was exposed last year in the SwissLeaks scandal
01/18/2016
Profit pressure and due diligence failings: Why the PRA fined Co-op bosses £261k
It uncovered multiple examples of Tootell pressuring staff to amend monthly financial data to improve short-term profits and capital positions.
01/18/2016
Layoffs Hit Law Firm
Reed Smith isn’t the first firm to conduct layoffs in recent years, and probably won’t be the last.
01/18/2016
St Lucia snubs Britain by refusing to waive immunity for Saudi billionaire
The Caribbean island turns down Britain's official request to lift Walid Juffali's diplomatic immunity before London court case starts on Monday
01/15/2016
Allied Irish, Citigroup settle litigation over rogue trader
The accord averted a trial scheduled to begin on Jan. 25, over a fraud that was at the time among the largest to involve unauthorized trades.
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.
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.