03/18/2014
Millions frozen in Kazakh exile’s assets in Malta
Austrian lawyer Gabriel Lansky is hunting down one-time oligarch Rakhat Aliyev, although it is unsure whether the Kazakh millionaire is still in Malta
Legal, Regulation & Compliance
03/18/2014
Jerome Kerviel's long walk as jail term looms
I am totally free - for the first time in six years I am free
03/18/2014
Judge in Germany Dismisses Hedge Fund Suit Against Porsche Holding
This is an important stage victory
03/17/2014
KWMSJB to close Berlin office following strategic review
King & Wood Mallesons SJ Berwin is to shut down its Berlin operations, as two of its three partners exit to launch their own boutique.
03/17/2014
Banking's back room risk cops step into top jobs
Once modest of pay and profile, risk experts are being reborn as rock stars of the banking world - their status and salaries soaring as regulators force financial institutions to clean up.
03/17/2014
Withers ranked as a leading law firm in Chambers Global 2014
14 lawyers have also been ranked as leading foreign experts across six core practice areas, including Corporate/M&A, Dispute Resolution, Employment, International Private Client, Private Client and Tax.
03/17/2014
FCA doubles 'boiler room' raids
City regulator cracks down on fraudsters selling worthless or non-existent shares.
03/17/2014
SocGen Ex-Trader Kerviel Walks to Forget Loss as Judgment Looms
Jerome Kerviel’s quixotic quest for redemption has won him at least one convert.
03/17/2014
Portuguese firm sets up Swiss presence to target HNWI work
Cunha Barnabé said Switzerland is popular among Portuguese high-net worth individuals (HNWI) as a location for their assets.
03/17/2014
Accused hedge fund fraudster Must Face Trial, Judge Rules
He is accused of defrauding investors of US$600 million, argued that the SFO improperly reopened its case against him.
03/14/2014
UBS Traders Found to Have Tried Rigging Hong Kong Rate
While the requests had a “negligible impact” on fixings and no fines will be imposed, the regulator asked UBS to take disciplinary action against the employees responsible.
03/14/2014
Rogue bankers and their bosses face six years bonus clawbacks
Rogue bankers and their bosses will have to hand back bonuses up to six years after they have been paid, under tough new Bank of England proposals designed to curb City excesses.
03/13/2014
Global specialist law firm expands Financial Services Group
He has been particularly involved in advising upon the impact of the AIFMD. He is ranked as a leading lawyer for investment funds by both Chambers Global and The Legal 500.
03/13/2014
Banks and capital requirements: channels of adjustment
Bank capital ratios have increased steadily since the financial crisis.
03/13/2014
Bermuda signs MOU with German financial regulator - Appleby
With that signing, Bermuda has signed MOUs with 27 European member states
03/13/2014
EU regulator defends extraterritorial laws
The chairman of the European Securities and Markets Authority, Steven Maijoor, outlines to AsianInvestor his views on the effect of rules such as AIFMD on non-EU jurisdictions.
03/13/2014
Brewin Dolphin sues Charles Stanley over staff poaching claims
Brewin Dolphin is suing Charles Stanley and former members of staff for conspiring to poach a total of 18 employees to set up a base in Leicester.
03/13/2014
An arrest in FCA boiler room investigation
Boiler room operations usually use high-pressure selling techniques to persuade consumers to buy shares that are often worth very little or nothing at all.
03/13/2014
Clone firm scammers target BlackRock
The Financial Conduct Authority is warning investors of a clone firm calling itself BlackRock Fund Managers.
03/13/2014
Investment consultancy Citisoft launches Know-Your-Outsourcer toolkit
Citisoft, a leading global investment management consulting firm, has launched a 40-day service to help asset managers fast-track their response to the FCA and other regulators’ growing concerns about outsourcing oversight.