11/04/2013
Young Pilots Take ABN Amro to Court Over Traineeship Debts
A group of 60 young pilots are taking ABN Amro to court because they cannot pay off the loans they took out to complete their education
Legal, Regulation & Compliance
11/04/2013
What is the FCA getting right and wrong with crowdfunding?
The FCA recently released CP13/13 – it’s long awaited Consultation Paper on crowdfunding. This isn’t the only pertinent consultation process taking place at the moment. The regulator has also issued CP13/10 which outlines its proposed c
11/04/2013
DLA Beefs up Structured Finance Team with Hire of CC partner
DLA Piper has sealed the hire of Clifford Chance (CC) leveraged finance partner Tony Lopez for its structured finance team.
11/04/2013
EU to fine RBS, Deutsche, JP Morgan and three others in Euribor case
EU antitrust regulators are set to impose multi-million euro fines on Royal Bank of Scotland, Deutsche Bank, JPMorgan Chase, and three other banks for suspected rigging of the Euribor interest rate benchmark
11/04/2013
Wright Hassall builds up private client team
A Leamington law firm has added to its private client department, building on the legal services offered to individuals, families, business owners, farmers and charitable trusts.
11/03/2013
Private client’s edgy new look
OC gives private client practice a kick up the cut-glass as ‘traditional’ team hits the road
11/03/2013
Outsourcing in the asset management industry - FCA
We have published the findings from our review that assessed whether asset managers are effectively mitigating the risks relating to outsourcing.
11/03/2013
FCA Bans and Fines Adviser £10,000 Over Ucis Advice
Decision notice has been referred to the Upper Tribunal to determine the appropriate action for watchdog to take.
11/03/2013
Cayman Islands: Madoff Directors "Vindicated" By English High Court
It also confirms English cases on directors' duties will continue to be persuasive in the Cayman Islands
11/03/2013
Fund groups to avoid fines over 'cash for access'
Fund groups found to have used commissions to pay for access to corporate executives will not face financial penalties
11/03/2013
Ogier promoted to a top tier firm by a third legal directory
Chambers UK IFLR and The Legal 500 all undertake thorough research and analysis of local law firms and seek extensive client feedback to determine their results.
11/03/2013
Legacy SJ Berwin property star quits for Global law firm
He specialises in commercial real estate with particular emphasis on UK and European property funds, property finance, hotel transactions and development.
11/02/2013
U.K. Business Lawsuits Rise as Lehman-Claims Expiry Date Looms
U.K. business lawsuits increased 23 percent in the last year as lawyers try to beat a 2014 deadline to bring claims related to the financial crisis.
10/30/2013
Citi, JPM Put Traders On Leave Amid Probe: Report
Amid a probe over possible manipulation of the foreign-exchange markets, both Citigroup Inc. and J.P. Morgan Chase & Co. have placed their top London-based currency dealers on leave
10/30/2013
FCA Finds Weak Corruption Defences at Platforms and Fund Managers
Some asset management and platform firms are displaying "common weaknesses" in their defences against money laundering, bribery and corruption, the Financial Conduct Authority has said.
10/30/2013
RBS traders suspended in forex probe
Regulators in the UK, US and Switzerland are looking into whether banks colluded to set exchange rates.
10/30/2013
Bank Of France's Noyer Seeks Revision Of EU FTT
Bank of France Governor Christian Noyer has warned that the planned eurozone financial transactions tax must be completely revised
10/29/2013
FCA to Overhaul Fund Charges After Finding ‘Inherent Flaws’
The Financial Conduct Authority plans to tighten up how asset managers pass on the costs of running funds to the underlying investor
10/29/2013
Barclays Faces Investigation Into Currency Trading Manipulation
Barclays has become the latest bank to admit it is facing an investigation into whether its staff were involved in attempts to manipulate global foreign exchange markets.
10/29/2013
Regulator threatens "revolutionary" approach to achieve asset management transparency
Wheatley will say that "this is a critical period for the industry" and that the FCA will now ask challenging questions.