07/04/2014
Small funds on FCA umbrella platforms could be hit by AIFMD
This is going to pose a challenge for smaller hedge funds
Legal, Regulation & Compliance
07/04/2014
EU sets date for MiFID II as transparency debate intensifies
Regulator the European Securities and Markets Authority has already tasked TABB Group and two other consultant firms with gather data and views from banks, asset managers, exchanges and other market participants about the impact of MiFID II. One of the co
07/04/2014
Debevoise hires Patrick Taylor in London
Debevoise & Plimpton LLP is a leading international law firm, representing a wide range of clients in transactions and disputes around the world. Founded in 1931, the firm has offices in New York, Washington, D.C., London, Paris, Frankfurt, Moscow, Ho
07/04/2014
Scandal-ridden bank and Cambridge University set up compliance school
Scandal-ridden bank to provide new training to address bad "track record"
07/03/2014
After BNP Paribas, US may hit other banks for sanctions-busting
The blow raised speculation that some of its rivals in Europe would be punished, but less severely.
07/03/2014
Bond Dickinson makes up four in all-female promotions round
We are delighted to announce the appointment of four new Partners effective from 1 July.
07/03/2014
Trio of City boutiques team up with Buzzacott to launch professional advisory service
Boutique firms CM Murray, Hierons and Maurice Turnor Gardner have joined forces with chartered accountants Buzzacott to go to market as a one-stop-shop for professional practices.
07/03/2014
Foley Hoag bolsters Paris with White & Case hire
Addition bolsters firm’s international commercial arbitration practice
07/03/2014
Ex-Bank of Moscow Head Charged With Stealing $29 Million
Borodin and his alleged accomplices face up to 10 years in prison if convicted
07/03/2014
BlackRock fined for market manipulation over UniCredit stake
The regulator said on its website on Thursday that in December 2011 BlackRock Investment Management had made an untrue report about its stake in UniCredit, ahead of the launch of a rights issue by the Italian lender.
07/02/2014
Barclays cuts legal roster by 30% in global panel review as American firms find success
The firms that were not previously on the general advisory panel but have been newly-selected as preferred firms, with which Barclays will 'seek to deepen its relationship and concentrate spend over time', include five US firms: Boies, Schiller
07/02/2014
Are Europe's banks being prosecuted - or persecuted?
Even BNP Paribas cannot shrug off a $9bn (£5.1bn) fine.
07/02/2014
BNP Paribas ignored red flags and has paid the price
French bank to pay $8.97bn in fines to US regulators and dispose of senior staff over embargo breach
07/02/2014
Putin accuses US of 'blackmail' on French bank fine
He noted that: “Europe is our natural and most significant trade and economic partner.”
07/02/2014
Withers appoints seven new international partners
Withers has announced the appointment of seven new partners across the firm's international offices and practice areas. The appointees' new roles took effect from 1 July 2014.
07/02/2014
Protection of Charities Bill by Chris Priestley, Withers
The Bill will not appear during the current Parliamentary session.
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