07/02/2014
Protection of Charities Bill by Chris Priestley, Withers
The Bill will not appear during the current Parliamentary session.
Legal, Regulation & Compliance
07/02/2014
Gold fixing didn't cheat, probably
It’s still possible that manipulation may have occurred, Bailey, director of financial markets infrastructure and supervision at the FCA, said at a U.K.
07/01/2014
NY Lawsuit Deals A Blow To Barclays' Dark Pool Trading Operations
The lawsuit listed several problems with the dark pool POOL -1.57% – called Barclays LX (Liquidity Cross) alternative trading system – such as falsifying data about the concentration of high-frequency traders in the private market,
07/01/2014
New look leadership at private capital team
LAW firm Addleshaw Goddard has established a new leadership role in response to the growing numbers of entrepreneurs who need guidance about succession planning.
07/01/2014
Orrick Continues Expansion of London Finance Team
The firm is also playing a leading role in the development of the Italian mini-bond market and is active for Sberbank and others in the Russian banking market. In addition, Orrick is active in every major infrastructure financing underway today across wes
07/01/2014
Dillon Eustace confirms record growth in Banking & Finance Practice
Over €20 billion in domestic and international financing transactions completed - Growth has been under-pinned by senior hires
07/01/2014
BNP Paribas fined a record $8.9bn
BNP Paribas was hit with a record $8.97bn (£5.2bn, €6.5bn) fine last night for violating US sanctions between 2004 and 2012.
06/30/2014
Prime Brokers"Hoarded" Liquid Assets in Financial Crisis
This means that hedge funds are important for the workings of the repo market
06/30/2014
How Will BNP Paribas Fine Impact European Banking?
He speaks with Guy Johnson on “The Pulse.”
06/29/2014
BNP Paribas Said to Plan Guilty Plea Monday in U.S. Probe
The French bank has been in talks with state and federal authorities over a penalty that may reach a record $9 billion, another person familiar with the matter has said.
06/29/2014
Austria Falls Out With Bavaria Over Zombie Banks
But it seems that BayernLB left behind about 2.3bn euros in subordinated debt
06/28/2014
Post-RDR adviser world struck by costs
Since RDR was implemented, financial advice-seekers have split into two groups – those able to afford advice and those who cannot, according to a report compiled by the Association of Professional Financial Advisers.
06/27/2014
The future of Gift Aid by Graham Elliott, Withers
Conversations are underway between the Charity Tax Group and HMRC in respect of a potentially major reform to the operation of the gift aid rules, particularly in connection with donations which give rise to benefits to the donor.
06/27/2014
Withers win Private Wealth Team of the Year at The Lawyer Awards
The firm's award submission was based on probate work on the estates of two famous UK artists, both involving complex questions of Artist Resale Rights and Business Property Relief in the administration of the estates.
06/27/2014
An updated guide to AIM tax benefits by Chilton Taylor,Baker Tilly
Baker Tilly has worked with the London Stock Exchange to produce an updated guide on the various tax reliefs available to investors in AIM companies and how companies can qualify to take advantage of such investment.
06/27/2014
Changes to Jersey company law expected in late 2014
These changes, most of which are designed to increase the flexibility of the Jersey company, will be of particular interest to all those who use Jersey companies in their structures.
06/26/2014
What Barclays is accused of
Barclays has been sued by the NY attorney general over claims it duped people into investing in its dark pools. Here is what the British bank is accused of
06/26/2014
Baker & McKenzie Elects 65 New Partners Worldwide
Regionally, 29% of the promotions are in Asia Pacific; 32% are in Europe, Middle East and Africa; 14% in Latin America; and 25% in North America. 28% of those promoted to partner are women.
06/26/2014
The New Belgian Banking Act by Baker & McKenzie
The Act of 25 April 2014 on the legal status and supervision of credit institutions (hereinafter the Banking Act) was published in the Belgian Official Gazette on 7 May 2014 and replaces the Act of 22 March 1993 on the status and supervision of credit ins
06/26/2014
BNP Paribas SA said to move compliance operations to US as settlement nears
BNP Paribas SA is relocating its US sanctions compliance operations to New York from Paris.