11/22/2015
Greece on track to get €2b aid payment from euro area
The meeting reached an agreement in principle on moving forward with releasing funds for bank recapitalisation
Legal, Regulation & Compliance
11/22/2015
European Central Bank governors split over further rate cut
The expected divergence pushed the dollar back up towards a 7-month high against a basket of top currencies in early European trading.
11/20/2015
Swiss banks to pay $81 mln, avoid U.S. charges on aiding tax evasion
These banks will collectively pay penalties totaling more than $81 million and continue to cooperate with the department.
11/20/2015
Mourant Ozannes advises on real estate portfolio sale
Mourant Ozannes has acted as Jersey legal adviser to the Aerium group in the sale of a significant commercial property portfolio worth £330 million.
11/20/2015
Debevoise Advises Russia China Investment Fund in its Investment in TutorGroup
Proceeds from the new investment round are to be used to accelerate TutorGroup’s international expansion, as well as for the continued enhancement of the company’s platform.
11/20/2015
Blacklisted HK: The Spanish Case
Friends of Harbour Times would be familiar with the remedy of Hong Kong being named a non-cooperative tax jurisdiction by the European Union earlier this year.
11/19/2015
Bermuda Court hands down first decision under statutory Re Hastings-Bass provision
By the enactment of the Trustee Amendment Act 2014, the Bermuda legislature inserted a new section 47A into the Trustee Act 1975.
11/19/2015
Offshore trusts with UK beneficiaries will be captured under 4AMLD - Appleby
The arm of the UK Government is likely to extend into offshore trusts where they contain UK tax paying beneficiaries. Whether or not this information will be linked at an EU level remains to be seen
11/19/2015
Conyers Announces Developments in London Office
The Firm continues to broaden its focus in the region, which strengthens our global footprint overall.
11/19/2015
Global law firm continues to grow in London
He principally focuses on debt restructuring but also covers real estate finance, stressed and distressed real estate resolutions, and more general banking matters.
11/19/2015
Winston & Strawn London Adds Three Corporate Lawyers
Winston & Strawn LLP has announced the addition of two partners and one of counsel to the firm’s Corporate & Finance Department in London.
11/19/2015
U.K. Regulators May Reopen Investigation Into Former HBOS Executives
The regulator faced criticism after it sanctioned only one former HBOS executive, Peter Cummings.
11/19/2015
Expanding Norwich law firm opens South Norfolk branch
Norwich based law firm Clapham & Collinge opens new branch in South Norfolk
11/19/2015
Investors spoilt for choice as European banks seek capital
James Chappell, banks analyst at Berenberg, says investors remain cautious about investing in Europe’s banks.
11/18/2015
JWG’s RegDelta helps G-14 bank win 2015 FinTech award
Regulatory change platform recognised for excellence
11/18/2015
FCA launches asset management competition study
The Financial Conduct Authority (FCA) has set out the areas it will focus on in its market study into competition in the asset management industry.
11/18/2015
Private Funds 2016: Analysis
Astleford has more than 25 years’ experience in advising fund managers, banks, brokers and corporates and is co-chair of the firm’s global financial services group and head of the group in Europe.
11/18/2015
New UK Regime to Strengthen Senior Management Accountability
On 7 March 2016, two new regulatory regimes governing the accountability of senior managers will take effect
11/18/2015
Bristol based law firm boosts advisory board
He has just stood down as managing director of the international legal recruitment company Chadwick Knott, which he co-founded.
11/18/2015
Withers has strengthened its Russia and CIS capabilities
Withers’ litigation and arbitration practice consists of over 100 lawyers globally