04/15/2014
High-flying fund manager spends five years dodging rail fares
High-flying fund manager spends five years dodging rail fares then coughs up £43,000 after being caught
Legal, Regulation & Compliance
04/15/2014
MacKinnon: Regulation, not profitability, motivated Ingenious deal
Thurleigh founder Charles MacKinnon says the decision to merge with Ingenious Asset Management was driven not by concerns over profitability but rather a long-term view on regulation.
04/15/2014
Bird & Bird promotes 11 new partners
Bird & Bird is pleased to announce the appointment of 11 new partners from across our offices and from a variety of sector groups and practices.
04/15/2014
FCA wins court ruling against illegal land bank
The Court of Appeal has dismissed, on all counts, an appeal by David Banner-Eve and Asset Land L.I.
04/15/2014
The FCA Business Plan and Risk Outlook 2014 for asset managers - Eversheds
We have identified below the main themes from these publications which are relevant to our asset manager clients to enable you to better prepare for regulatory scrutiny in 2014.
04/15/2014
Quilter Cheviot backs future investors of Manchester
An award for Investment Performance was presented to Team Alpha
04/15/2014
Fund Managers Face Bonus Curbs in EU Financial-Rule Overhaul
The fund manager pay rules are a key part of a draft law
04/15/2014
Russia's VTB in talks with Bank of England to resolve dispute over UK arm
Russia's No.2 bank VTB is in talks to resolve a dispute with the Bank of England over demands made on its UK business that the bank's CEO suggested could be politically motivated in the light of the West's standoff with Russia over Ukraine.
04/14/2014
SFO director challenges alleged failure to reform
David Green understood to be disputing claims he has not done enough to reform the agency since taking charge in 2012
04/14/2014
Latham takes Baker's crown as number one firm on top 30 international firms ranking
Latham & Watkins has topped The Lawyer’s annual ranking of the 30 largest international firms in the UK by revenue for the first time, with UK revenue hitting an all-time high of $210.6m.
04/14/2014
Dutch law firm relaunches in London
It will reopen its London office in the course of 2014.
04/14/2014
Linklaters expands female leadership scheme across global offices
Linklaters has rolled out its female leadership initiative across its global offices in a bid to maintain the increase in the number of women making partner at the firm.
04/14/2014
HFW relocates senior partner to Asia to spearhead growth
Following the firm's recent round of Partner promotions, Holman Fenwick Willan today confirmed several developments in its international practice to underpin its position as market leaders for international commerce.
04/14/2014
Northern Trust Enhances FTK Investment Statement Reporting for Dutch Pension Schemes
Solution Designed to Support Regulatory Requirements for Asset Level Transparency and Risk Modelling
04/11/2014
Capital standard for bank exposures to central counterparties finalised by the Basel Committee
The Basel Committee has today published a final standard for calculating regulatory capital for banks' exposures to central counterparties (CCPs).
04/11/2014
Germany gives banks legal certainty on CoCos
In a decision that clears the way for German lenders to issue the securities, the ministry said banks will be allowed to deduct interest payments on contingent convertible bonds from their taxes.
04/10/2014
Global Growth Threatened in $693 Trillion Derivatives Review
Rules introduced after the collapse of Lehman Brothers Holdings Inc. to reduce systemic risk
04/10/2014
Executives slam trade bodies and ‘naive’ FCA for lack of fee guidance
The trade bodies need to liaise
04/10/2014
EU U-turn on key information documents
The rules were initially known as Prips - packaged retail investment products
04/10/2014
The Pensions Regulator and the FCA publish joint regulatory guide
Retirement savers have a right to expect