11/05/2014
New funds supervision team
In a speech given by William Amos, director of wholesale banking and investment management, the FCA has announced, that it is creating a fund authorisation and supervision team.
Legal, Regulation & Compliance
11/05/2014
Ban on sale of “CoCos” to retail investors should be made permanent, says FCA
The permanent rules would also impose restrictions on funds that predominantly invest in CoCos.
11/05/2014
A respected NatWest bank manager jailed for stealing £185,000 from elderly customers to fund his gambling addiction
A respected NatWest bank manager who stole £185,000 from his elderly customers to fund his internet gambling addiction sobbed as he was jailed for 15 months.
11/05/2014
Pinsents moots international real estate ambitions
Property partner and head of core industries and markets Arthur Lovitt is clear that his ambitions for the firm’s real estate practice have a distinctly international flavour.
11/05/2014
Mourant Ozannes leads in the Channel Islands
The Chambers UK guide, now in its 25th year, compiles research from in-depth interviews with law firms and clients in order to produce one of the leading guides to the UK's best lawyers.
11/05/2014
FCA On Restriction Of Retail Distribution Of CoCos And Mutual Funds
The FCA is proposing to put in place new requirements which would apply when mutual society shares are sold to ordinary retail investors and to tighten the rules around the sale of contingent convertible securities
11/04/2014
Eversheds eyes Nordic economies as it merges with Helsinki firm
One of Finland’s leading law firms, Juridia Bützow, is to join Eversheds International, further broadening the international reach of both firms.
11/04/2014
Maclay Murray & Spens expands private client team
Law firm Maclay Murray & Spens has boosted its 30-strong private client and charities department, with the appointment of Alexis Graham as a partner.
11/04/2014
Launch of Eurozone Single Supervisory Mechanism marks turning point
As of today, banks in the Eurozone countries are subject to a single mechanism for banking supervision that comprises the European Central Bank and national competent authorities.
11/04/2014
Ropes & Gray Names 20 New Partners in Eight Offices Worldwide
Ropes & Gray proudly announces that 20 attorneys have been named partners of the firm, effective November 1. In addition, the firm named two attorneys as counsel.
11/04/2014
Global Private Bank CTO and Deloitte Director Join Expert Panel
The panel will feature Nick Taylor, Director of IAM at Deloitte and Andrew Bennett, CTO at global private bank Kleinwort Benson and will take place on Wednesday 12th November at 12:15 p.m. at the Hotel Russell in London.
11/03/2014
Offshore firms: in the zone
London is an increasingly important hub for offshore law firms, which are winning business from City-based financial institutions, and clients in Russia, western Europe and sub-Saharan Africa.
11/03/2014
Standard Chartered probed over sanctions
US authorities are investigating London-based Standard Chartered for potential US sanctions violations connected to Iranian-controlled entities in Dubai
11/03/2014
Law firms unite to create major wealth management force
Law firms Charles Russell and Speechly Bircham have combined to create a significant player in wealth management.
11/02/2014
BNP CEO: French banks should pay only two thirds of bailout contribution
French banks should pay only 10 billion euros of the 16 billion they are being asked to contribute to a proposed EU bailout fund,
10/31/2014
Saudi Sheikh launches $10bn lawsuit against Barclays over banking licence fraud
Claims Barclays 'hatched a fraudulent' scheme
10/31/2014
Lloyds Banking Group appoints new retail GC
He had been working closely with Morgan on the asset finance side of Project Canberra - the bank’s decision to outsource its retail and asset finance litigation teams to a panel firm (29 July 2013 ).
10/31/2014
Banker stole £5m from parishioners to fund gambling habit and told one victim: God said I should call you
The married father of three, a former magistrate, has now been jailed for six years
10/31/2014
IFLR ranks Ogier as a top-tier firm for funds and corporate and finance in Guernsey
IFLR highlighted the firm’s stand-out deals for Guernsey as acting for Sherborne Investors Management in relation to the establishment of Sherborne Investors and its listing on the London AIM market, and advising EFG International on its CHF180m not
10/31/2014
Cybercrime genius jailed after £6.3m theft from RBS
Estonian hacker Sergei Tsurikov, 30, was extradited from the capital, Tallinn, to Atlanta, Georgia accused of leading a gang that used corrupted ATM cards to rake in a fortune.