06/05/2014
British Bank Regulators Pine to Win a Big Case
The email trail tends to dry up at middle management
Legal, Regulation & Compliance
06/04/2014
Chadbourne appoints new project finance lawyer in London
She is joining Chadbourne from KG Law Firm, Greece’s largest multidisciplinary law firm.
06/04/2014
Speechly Bircham Adivses FF&P Private Equity on its Investment in Ticketscript
The Speechlys team was led by head of private equity Malcolm MacDougall
06/04/2014
Sweden warns of complacency on banking risk
Regulators "have listened too much to banks and others who argue that if you try to do something like this we won’t be able to conduct a banking business
06/04/2014
France takes U.S. to task over BNP Paribas fine
If there is a an error or a violation then it's normal that there is a fine
06/04/2014
Former UBS Trader Adoboli Renews Bid to Appeal Conviction
He argued at trial that managers at Zurich-based UBS pushed him to take too many risks and that rule-breaking at the bank was rampant
06/04/2014
Osborne says wants to boost London markets' integrity
Britain will seek to boost the integrity of London's financial markets in response to a scandal in foreign exchange markets.
06/03/2014
Fund managers weigh global changes as FCA commissions rules take effect
Stringent new rules on the use of dealing commissions, introduced by the UK financial regulator, have forced fund managers to bolster their internal compliance systems and increase transparency on research costs, with some implementing global changes.
06/03/2014
Anti-corruption office requests criminal probe into ex-finmin's claims
Linic told the press on May 29 that his replacement was the result of a "media conspiracy"
06/03/2014
BNP Paribas Fine Violates International Law, Says Analyst
The expert in relations between Cuba and the United States recalled that when Barack Obama was running for president, he admitted a total failure of policy towards the Caribbean nation and promised to find a new direction.
06/03/2014
Good conduct and market intergrity by Martin Wheatley, FCA
I want to start with a sincere thank you to the insurance industry for its positive engagement with the FCA over a year of significant change.
06/03/2014
Speechly Bircham boosts Paris team
Her arrival observes a strategic bridge to an offering that is already firmly focused on serving private equity investors and corporates, as well as tax planning, corporate and litigation services for wealthy families and entrepreneurs.
06/03/2014
EIOPA issues first Solvenc
The regulator said that the consultation fulfilled its commitment to openness and transparency. A second consultation will follow this one.
06/02/2014
Spanish Bankers Convicted for First Time Since Economic Crisis
They were convicted of using €28.6m of the state aid for retirement plans that they granted themselves before the bank was bought.
06/02/2014
UBS Probed in Belgium Over Money Laundering, Organized Crime
UBS Belgium, the bank’s local arm, helped to organize the transfer of large amounts of money to Switzerland
06/02/2014
New York regulator wants BNP executives fired, say sources
The other source said Lawsky was not expected to want the bank’s top two or three executives fired
06/02/2014
HMRC guidance on Social Investment Tax Relief by Chris Priestley, Withers
The government is aiming to support social investment by providing valuable tax reliefs to individual investors (SITR).
06/02/2014
Changes to Tier 1 (Investor) visas for the UK – what you need to know by Philip Barth, Withers
The Investor visa has been in existence for about 20 years. It allows a person who can show liquid wealth of at least £1m to apply for the right for themselves, and their dependant family members, to live in the UK.
06/02/2014
Pre-Nups and Post-Nups to be binding in England by Mark Harper, Withers
In February 2014 the Law Commission of England and Wales published their proposals for the law on Qualifying Nuptial Agreements (QNAs), together with a draft Bill, to be put before Parliament at some point in the future.
06/02/2014
English courts are getting tough on individuals who claim to have no control over trust assets by Dawn Goodman, Withers
In several recent cases concerning Russian and CIS nationals, people have been held in contempt of court for failing to disclose information about their assets. In this article we look at two recent cases where the English Court’s remit stretched fa