07/27/2015
Foreign criminals use London housing market to launder billions of pounds
Corporations, usually based in offshore tax havens, are sometimes used by buyers keen to hide ownership of assets, says National Crime Agency spokesman
Legal, Regulation & Compliance
07/27/2015
Ex-Deutsche Bank Chief Anshu Jain Cleared of Misleading Regulators Over Libor Rigging
German regulator BaFin is continuing investigation into other matters
07/27/2015
Former Head of Banco Espírito Santo Placed Under House Confinement
Prosecutors named Ricardo Salgado suspect in lender’s collapse
07/27/2015
Raft of firms bag spots as Deutsche Bank finalises legal panel arrangements
A host of law firms have been awarded positions as Deutsche Bank's go-to advisers with the lender having finalised its global legal panel after kicking the process off at the end of last year.
07/27/2015
UBS Takes France to Court over Human Rights
Switzerland’s biggest bank has picked a fight with France over human rights.
07/24/2015
Banking Family Plans to File Suit Against Andorra
The Ciercos, who had 75 percent of the equity of Banca Privada d’Andorra, or B.P.A., said in a statement that their pending lawsuit would seek damages from Andorra for the “indiscriminate and unilateral expropriation” of the bank.
07/24/2015
Removal of a protector after loss of trust and confidence
A protector should consider the viability of their position early in the face of hostile beneficiaries
07/24/2015
Former Anglo CEO offers video evidence to Banking Inquiry
Former CEO of Anglo Irish Bank has offered to give evidence to the Banking Inquiry by video link from the US.
07/24/2015
Banking on Bonuses? Prepare to wait a while longer by David Buckle, Cubism Law
Bonuses in the financial sector are subject to regulations arising from various UK and EU legislation.
07/24/2015
Liverpool legal firm promotes 13 lawyers
Appointments enhance firm's capabilities, says managing partner Mark Brandwood
07/24/2015
Working group to strengthen code of conduct standards and principles
The Foreign Exchange Working Group, announced by BIS Governors in May to strengthen code of conduct standards and principles in foreign exchange markets, has now been established.
07/24/2015
Former Anglo CEO offers video evidence to Banking Inquiry
Former CEO of Anglo Irish Bank David Drumm has offered to give evidence to the Banking Inquiry by video link from the US.
07/24/2015
Leading global law firm bolsters disputes with ex-Barclays financial crime chief
He joins from Barclays where his most recent roles include Managing Director of Litigation and Investigations (overseeing the bank's investigation and litigation capability) and Global Head of Financial Crime Legal.
07/23/2015
Leaked document says Barclays is 'under-resourced' as it considers axing 30,000 jobs
Barclays executives warned internally in March that a project to get a new license to operate in the UK may lack resources as the company prepares to be split up under new "ringfencing" requirements, according to a document leaked to Business In
07/23/2015
International law firm launches new Corporate Crime & Fraud Unit
In the aftermath of the global financial crisis, businesses around the world face ever tougher legal and regulatory requirements and more stringent laws cracking down on corporate misconduct.
07/22/2015
Barclays considers DPA agreement with Serious Fraud Office over Qatar dealings
Barclays is reportedly weighing up a deal that would settle its long-running criminal probe into its dealings with Qatari investors that raised £5.8 billion during the financial crisis.
07/22/2015
UK's Osborne says no plans to loosen banks' ring-fence
Asked by a member of parliament about a media report that finance ministry officials were preparing to relax incoming ring-fencing rules, Osborne said he was unaware of this.
07/21/2015
Hanson Renouf is shortlisted for three Citywealth Awards
We are very delighted to announce that Hanson Renouf has been shortlisted in the Citywealth IFC Awards as Boutique Law Firm of the Year.
07/21/2015
Fraud regulators visited Barclays 186 times last year
The number of visits does not correspond exactly to how frequently rules are being broken
07/21/2015
Wealth manager staff jump to compliance as salaries soar
Asset and wealth managers hunting for compliance professionals to help tackle the ever-increasing regulation in the industry has driven up salaries, drawing more people to the jobs.