10/16/2013
Five RDR alarm bells: how to protect against inducement rules
We look at five areas that wealth managers should pay careful attention to in order to make sure they don't fall foul of RDR rules.
Legal, Regulation & Compliance
10/16/2013
UK says its local banking rules eased for all, not just Chinese
Britain is ready to relax its banking rules for any non-European bank
10/16/2013
HSBC Hit with $2.46-bln Judgment in U.S. Class Action
The judgment by U.S. Judge Ronald Guzman in Chicago was the largest in a securities fraud class action that went to a trial
10/16/2013
Barclays fund 'lowered' Libor for profit - court papers
An investment fund owned and run by Barclays attempted to manipulate UK borrowing rates for its own profit
10/15/2013
FCA Kicks Off High Court Battle Against Unregulated Schemes
The Financial Conduct Authority has kicked off its High Court battle against 16 parties involved in unregulated investment schemes it alleges to be operating illegally.
10/15/2013
Regulator Urged to Rewrite Rules to Boost Open Market Option
Hargreaves Lansdown Head of pensions research Tom McPhail has called on the Financial Conduct Authority to rewrite its Conduct of Business (COB) rules to ensure pension providers inform their customers about the shopping around for an annuity as they appr
10/15/2013
Andrew Tyrie welcomes BOE and FCA banking Commission Responses
Andrew Tyrie has welcomed responses to the final report of the Parliamentary Commission on Banking Standards made by the Bank of England and the Financial Conduct Authority
10/15/2013
Gide raids Morgan Lewis Paris for 19-strong team
Nine partners and ten associates from the firm Morgan Lewis & Bockius have chosen to join the Paris office of Gide.
10/15/2013
Financial Conduct Authority launches currency markets investigation
We will not comment further on our investigations.
10/14/2013
Italian law firm to Open Hong Kong Office
Italian firm is in the process of launching a Hong Kong office, with the aim of building closer links with the Chinese market.
10/14/2013
Aviva plc : UK: Advisers Agree Post-RDR Landscape is Better Than Predicted
28% have seen an increase in active clients post RDR
10/14/2013
FX Fixing Scandal: Ex-RBS and JPMorgan Trader Richard Usher Tipped to Be at Centre of Probe
JPMorgan's Chief Dealer in London, Richard Usher, is tipped to be the trader at the centre of a currency fixing probe
10/13/2013
US joins UK in probing foreign exchange trades
THE US is set to join Britain’s regulators in investigating possible market manipulation in foreign exchange.
10/13/2013
Libor Splits U.K. Judges as Barclays Case Goes to Appeals Court
It’s a very unusual situation that two commercial court judges have come to such divergent opinions
10/13/2013
What has Grant Thornton got to hide, asks Tchenguiz
Property entrepreneurs Vincent and Robert Tchenguiz won a court order in July to force the Grant Thornton duo to hand over five reports that they believe played a major part in their dawn raid-style arrest in March 2011 by the Serious Fraud Office.
10/13/2013
Penningtons and Manches Combine to Create 115 Partner Law Firm
Two leading London and South East law firms, Penningtons Solicitors LLP and Manches LLP, have joined forces to become one of the dominant legal players in the region.
10/12/2013
UK court to hear evidence ahead of landmark Libor ruling
A British court will this week consider whether attempted manipulation of the benchmark interest rate Libor can invalidate loans and other deals or show that banks mis-sold products that were based upon the rate.
10/11/2013
Deutsche Bank’s Jain Says FX Allegations Eroding Trust
Deutsche Bank AG Co-Chief Executive Anshu Jain, whose company is the world’s biggest trader of currencies
10/10/2013
FCA defends 'pragmatic' data collection despite anger over rising costs
FCA chairman John Griffith-Jones has defended the regulator’s “pragmatic” data collection despite industry concerns over escalating costs.
10/10/2013
Most Highly Regarded Firms: Information Technology 2013
The firm’s depth of expertise is evidenced with listings spanning the breadth of its international offices.