12/01/2014
Putin's Former 'Banker' Sought By Police
A lawyer for Sergei Pugachyov, who is in hiding after fleeing Russia, insists he is "not going to surrender to Interpol".
Legal, Regulation & Compliance
12/01/2014
Elian launches ground breaking client due diligence app
Elian has launched a ground breaking app that provides a paperless alternative to certified true copies for individual client due diligence (CDD) purposes.
12/01/2014
Co-Op Bank CEO Says ‘No Surprise’ If Lender Fails Stress Tests
The BOE will announce the results of stress tests on the U.K.’s eight biggest lenders on Dec. 16.
11/30/2014
Leeds' financial drama takes new twist as David Haigh's lawyers write to Football League chief with information relating to allegations against club's co-owners
The financial drama at Leeds has taken a new twist, with lawyers representing the club’s former managing director, David Haigh, writing to the Football League to say he can provide information relating to serious allegations about the club’s c
11/30/2014
£300m Tower of Babel that is real threat to Cameron’s EU fantasy
ITS iconic twin towers, 24 storeys high and draped in gold mesh, tell their own story.
11/29/2014
Russian De-offshorisation Legislation – how the new law on taxation of Controlled Foreign Companies affects you and your clients by Withers
The new law on the taxation of controlled foreign companies (the 'CFC') and other anti-offshore measures (the 'Law') has received Presidential Assent on Monday this week (24 November 2014) and will come into force starting from 1 Janua
11/28/2014
Standard Life reviews products, distribution
The process, prompted by new rules, may see the UK insurer cutting or consolidating the number of funds on its platform.
11/28/2014
New managed account regime for Jersey hedge fund managers
An exemption which will enable Jersey-regulated fund managers to be appointed in relation to managed accounts has now been introduced.
11/28/2014
Ex-Rothschild expert is the latest to fall victim to wine hustle in £50,000 con
A leading wine merchant has become the latest victim of wine fraud after being conned out of vintage bottles worth £50,000.
11/28/2014
Vincent Tchenguiz launches £2.2bn legal action against Grant Thornton and Kaupthing
Follows collapsed Serious Fraud Office case against the property billionaire
11/28/2014
New London Reinsurer Sets Sights on Africa
One Re Ltd., the first reinsurer approved under Britain’s “twin peaks” system of financial regulation, said it’s seeking clients across 38 African countries in the next year as growth outpaces developed regions.
11/28/2014
Advocate General decides EU bankers' bonus cap is valid
In the case of United Kingdom of Great Britain and Northern Ireland v European Parliament, Council of the European Union, the Advocate General set out his opinion that the Capital Requirements Directive, which sets a limit on financial sector bonuses via
11/28/2014
FIFA faces UK Fraud Office probe of World Cup bids
Fifa could face a criminal investigation in the UK after it emerged that the Serious Fraud Office is looking for evidence relating to the World Cup corruption probe.
11/28/2014
Hedge fund manager's ex-wife to get record divorce settlement
Jamie Cooper-Hohn, the ex-wife of Children’s Investment Fund Management UK founder Chris Hohn, is to receive $530m of the couple’s marital assets
11/27/2014
Anguilla issues alert over Venables' football fund
The Football Talent Fund backed by former England and Tottenham Hotspur manager Terry Venables is in trouble with regulators in the Caribbean.
11/27/2014
‘We have seen the potential pitfalls’: Ropes & Gray relocates to double office size due to City growth
Ropes & Gray is set to relocate to 1 New Ludgate, almost double its current office space, on the back of a rising headcount and expanding practice areas.
11/27/2014
New IOM Regime For Foreign Companies
The provisions of Part XI had been amended from time to time to legislate against perceived abuses by foreign companies.
11/27/2014
New UK investor visa measures could damage investment
Earlier this month the Home Office doubled the minimum threshold for a UK investor visa to £2m
11/27/2014
Central European private equity fund sues Poland for $600 mln over forced bank sale
The suit, lodged with the Arbitration Institute of the Stockholm Chamber of Commerce, is potentially embarrassing for Poland, which sees itself as a model of fair and impartial financial regulation in eastern Europe.
11/27/2014
Bankers need to be ‘better equipped’ - Dame Colette Bowe
Speaking at a one day symposium on the ‘Future of Banking as a Profession’ in London this Friday, Dame Colette Bowe, Chairman of the Banking Standards Review Council, will tell delegates from over 25 countries that equipping bankers to be true