12/09/2014
Square One Law's Property Team Attracts New Talent
Commercial law firm Square One Law has recently completed the expansion of its property team after a series of experienced, senior appointments.
Legal, Regulation & Compliance
12/09/2014
Malta completes its Securitisation Cell Company regs, ready for ILS
Malta, a domicile targeting the insurance-linked securities, catastrophe bond and reinsurance convergence sector, has now completed its Securitisation Cell Company regulations which bring together the special purpose reinsurer concept with protected cells
12/09/2014
FCA: New strategic approach to ensure “sharper focus” to regulatory challenges ahead
The Financial Conduct Authority today set out details of how it intends to meet the regulatory challenges ahead following a detailed review of its strategy, priorities and ways of working.
12/08/2014
EU may scrap plan to separate bank trading
The European Union may ditch plans to force banks to keep high-risk trading activities separate from their main businesses because of opposition from some member states.
12/08/2014
Ex Vatican bank heads accused of embezzlement, accounts seized
The IOR has been trying to rid itself of a reputation for shady dealings
12/08/2014
Cyprus eases controls on capital outflows
The authorities closed the banks for two weeks in spring 2013 as they put the final touches on a ¤10bn bailout by the European Union and the International Monetary Fund.
12/08/2014
ICAP fraud trio plead not guilty
They are expected to stand trial alongside former RPMartin brokers Terry Farr and James Gilmour, who pleaded not guilty last December.
12/08/2014
Former IMF Chief Rodrigo Rato Denies Bank Misrepresented Accounts Before Listing
The allegations came in a Bank of Spain report submitted to a court investigating the public listing of Bankia, many of whose customers lost their savings.
12/08/2014
Another Whistleblower Offers to Help Government With Black Money Probe
She said her job was to get them "things money can't buy
12/08/2014
City’s status as stolen-money haven a stain on UK, says ex-regulator MP
Tory Stephen Barclay says government’s expected anti-corruption plan does not address flaws in financial system
12/08/2014
Global regulators need to standardise tax reporting mechanisms
This comes as a number of countries and global regulatory bodies introduce their own tax reporting standards in response to the Foreign Account Tax Compliance Act (FATCA).
12/08/2014
NCI: Crippling regulation costs are holding back new boutique launches
New UK firms are required to have an increasing amount capital in place right from the start
12/08/2014
City directors convicted in £23m investment fraud
Three men have been convicted of fraud as part of the Serious Fraud Office's (SFO) investigation into a £23m 'green' energy investment
12/08/2014
Bafin exonerates Deutsche Bank's Jain in Libor probe: Handelsblatt
Investigations into the possible abuse of reference rates such as the London interbank offered rate (Libor) or foreign exchange fixings have dogged banks since a post-financial crisis regulatory backlash against the sector.
12/08/2014
Bank of Scotland accused of fraud by Attorney General John Larkin QC
Northern Ireland's Attorney General has accused Bank of Scotland of "criminal fraud".
12/05/2014
Bank of Spain Says Bankia’s IPO Filing Didn’t Reflect True State
Bankia group’s financial statements included in the prospectus for the bank’s initial public offering in 2011 didn’t give a “faithful image” of the lender
12/05/2014
Barclays Hid Traders’ Role After Questions: Schneiderman
Barclays Plc asked that a federal judge in New York handle claims it hid the role of high-frequency traders in its dark pool, saying the evidence in the case is “incredibly complex” and includes millions of trading records.
12/05/2014
Iceland Says Proposals for Exiting Capital Controls Complete
The Finance Ministry presented an accord yesterday that will enable the full settlement of priority claims against the nation’s lenders.
12/05/2014
Mishcon de Reya's Charlotte Harris to join Kingsley Napley
Kingsley Napley LLP is delighted to announce that Charlotte Harris will be joining its dispute resolution team in January 2015.
12/05/2014
Co-op Bank suspends vote on boss’s bonus plan after stress test warning
The Co-operative Bank has postponed a vote on a new bonus plan for its chief executive, Niall Booker, just days after he warned the bank was likely to fail the Bank of England’s assessment of its financial strength.