08/08/2014
Prosecutors are investigating whether co-Chief Executive Juergen Fitschen, his predecessors Josef Ackermann and Rolf Breuer, and others gave misleading evidence in the civil suit brought by heirs of late media magnate Leo Kirch, which ended in February af
08/08/2014
The letters claimed that the decision to terminate their accounts was based on the bank’s “own assessment of risk” and did not reflect the manner in which they conducted their business.
08/08/2014
The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance Limited (Stonebridge) £8,373,600 in relation to sales of accident insurance products.
08/08/2014
Non-renewal of the Block Exemption Regulation – which seems a real possibility – would remove the safe harbor and force insurers and reinsurers to conduct individualized assessments of the types of cooperation at issue.
08/08/2014
Capital isn’t the answer to everything
08/07/2014
The Report concludes that, in very many cases, employees do not know to whom they should report wrongdoing or malpractice in the workplace or, if they do so, that they are likely to face bullying and victimisation.
08/07/2014
The legality of bitcoin has been discussed frequently in Russia since the beginning of this year.
08/07/2014
The FCA sees positive benefits from using social media but there has to be an element of compliance
08/07/2014
The protagonist in this story is the town of Leipzig in the eastern German state of Saxony. Wanting to make a fast buck, town officials offered the publicly-owned waterworks in a deal with an American investor.
08/07/2014
Parabis finance director joins Kennedys
With Fiona joining us, three of our seven business services management team are women.
08/06/2014
The European Securities and Markets Authority (ESMA) has made public the responses it received to its Consultation and Discussion Papers on MiFID II/MiFIR.
08/06/2014
In the first use of new consumer protection powers, the Financial Conduct Authority (FCA) will restrict firms from distributing contingent convertible securities (CoCos) to the mass retail market from 1 October 2014.
08/06/2014
The central bank conducted an investigation to determine whether banks were acting in compliance with consumer protection regulations
08/06/2014
Mid Europa Fund IV is a Guernsey authorised closed-ended investment scheme established primarily to make controlling investments in market leading companies in Central and Eastern Europe and Turkey (the Region).
08/06/2014
The former bankers argued that they had an unwritten agreement with the bank that their bonuses would be calculated based on an “economic value added” formula, rather than the profit and loss accounts of their desk.
08/06/2014
The new rules on remuneration have been imposed due to concerns over excessive risk taking and bankers’ role in the financial crash of 2008.
08/05/2014
FATCA is US law, but what does “UK FATCA” mean?
08/05/2014
The Financial Conduct Authority has cracked down on fund managers charging clients for corporate access and revealed last month that only two of the firms it
08/05/2014
The bank said it had sent the results of its internal review to the U.S. authorities.
08/05/2014
The Hedge Fund Manager On The FBI’s Most Wanted List
Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially improve the performance of eight Cayman I