11/08/2015
Jail HSBC worker who leaked 'tax dodge' documents for six years, prosecutor urges
Herve Falciani leaked documents allegedly indicating that HSBC's Swiss private banking arm helped more than 120,000 clients hide £129bn from tax authorities
Legal, Regulation & Compliance
11/06/2015
International law firm focuses real estate practice with partial transfer to Howes Percival
They will operate across all three of the firm’s offices in Cambridge, London and Singapore.
11/06/2015
Bond Dickinson makes dealmaker appointment
He developed his outstanding reputation whilst an equity partner at Addleshaw Goddard for 12 years.
11/06/2015
Pope’s merchant bank faces money laundering accusations after investigation
Pope Francis sanctioned the probe as part of his drive to clean up the Holy See after decades of financial sleaze
11/06/2015
British Traders Facing US Jail Over Libor
A senior British banker slumps over a table in court after being convicted of plotting to rig the benchmark interest rate Libor.
11/06/2015
Linklaters hires another Baker & McKenzie practice head
Linklaters has hired Baker & McKenzie's global chair of dispute resolution
11/05/2015
Deutsche Bank to pay $258m penalty for violating US sanctions
Violations in connection with transactions on behalf of countries and entities subject to U.S. sanctions, including Iran, Libya, Syria, Burma, and Sudan.
11/05/2015
US extends Global Entry to UK citizens
This part of the application costs $100 (£65) and is non-refundable.
11/05/2015
Terrorism victims sue BNP Paribas for violating sanctions
BNP was laundering money for clients in Sudan in the years leading up to the bombing
11/05/2015
Platform giants hit back at wraps' warning over sunset clause crisis
The Financial Conduct Authority banned platforms from receiving rebates from fund managers on new business in April 2014.
11/03/2015
U.S. Placed Above Cayman Islands in Financial Secrecy Blacklist
Singapore and the Cayman Islands were placed fourth and fifth in the TJN rankings
11/03/2015
Statement claims Central Bank censored warnings of collapse
Mr Browne's written statement was published by the banking inquiry this afternoon.
11/03/2015
Providers tell FCA their annuity data is incorrect
The breakdown states that six people have used third way products between £30,001 and £50,000
11/03/2015
FCA urges advisers to be clear about capacity for loss
Percival has previously said that advisers should question clients’ investment knowledge and experience when assessing their risk profile
11/03/2015
BNP Paribas ‘wet ink’ slip-up leads to US$650m suit
The French lender’s failure to follow local regulations resulted in a costly lawsuit after the bank missed out on a crucial procedure in Saudi Arabia
11/03/2015
Hedge Fund Presses Vienna Prosecutor to Investigate UniCredit Execs
Move relates to Italian lender’s acquisition of Bank Austria
11/02/2015
The Cape Town Convention in the UK: Effective 1 November 2015
The UK has amended its existing insolvency laws by adopting Alternative A of Article XI of the Protocol
11/02/2015
Lloyds Bank scraps plan to sue RBS as part of RBSAG joint action
The Treasury is alleged to have been concerned that a high-profile legal spat between two partly state-owned banks would be “embarrassing” and interfere with its plans to return the banks to private ownership.
11/02/2015
Single family offices set to evolve under regulatory gaze
Regulators around the world are carefully scrutinising the sector with a view to bringing them under their oversight
11/02/2015
SBCI in negotiations with new funders
Two additional funding sources for the Strategic Banking Corporation of Ireland totalling about €450m could be unveiled within months