03/13/2014
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.
03/12/2014
Global law firm appoints leading City pensions partner
He joins the firm from Ashurst
03/12/2014
FCA says general insurance add-on industry must make changes
The Financial Conduct Authority is proposing a shake-up of the £1bn general insurance add-on markets including banning pre-ticked boxes, forcing firms to publish claims ratios and breaking the point of sale advantage for guaranteed asset protection
03/12/2014
Norway’s largest political party wants to look into revamping oversight of the nation’s $850 billion sovereign wealth fund amid questions around its handling of an investment in Formula One.
03/12/2014
The introduction of the Solvency II regulatory regime inches closer after the European Parliament voted on Tuesday to adopt Omnibus II, a directive that completes and finalizes the common prudential framework for insurance regulation and supervision in th
03/11/2014
European Union rules to cap bankers' bonuses were in doubt on Monday after the bloc's lawmakers agreed to consider a revamp to stop Britain's banks softening their impact.
03/11/2014
Europe’s biggest covered bond issuers are turning to Asia to rally support in what they say will become a global challenge to the Basel Committee on Banking Supervision.
03/10/2014
US authorities are probing French banks Societe Generale, BNP Paribas and Credit Agricole for alleged misappropriation and violating American sanctions against other countries.
03/10/2014
Norges Bank Investment Management's stake in F1 is being questioned by ministers after the sport scrapped its IPO bid.
03/10/2014
The Bank of England is to launch an independent inquiry into allegations it allowed manipulation of the foreign exchange market.
03/10/2014
Bath law firm is to merge with a regional counterpart
The two companies will operate under a new name to be announced in June when the merger takes place.
03/10/2014
Dentons has unveiled a mass restructure for its UKMEA LLP following its 2013 tripartite merger, bringing its list of practice and sector groups under five new divisional heads.
03/10/2014
Barclays is changing its auditor of the past 120 years and Lloyds and Royal Bank of Scotland could follow suit as Britain’s bank auditing landscape gets shaken up by new rules.
03/10/2014
Berwin Leighton Paisner has named two new department heads within its finance team following a string of exits from the firm.
03/10/2014
It became what is believed to be the first Isle of Man incorporated company, with its Centre of Main Interest in the Isle of Man, to be placed into administration in England.
03/10/2014
European finance ministers tried Monday to agree on how to set up a joint authority that can restructure or shut down failing banks.
03/09/2014
The European Securities and Markets Authority has raised doubts about whether Italian banks will be able to book gains in their 2013 results resulting from a hike in the value of stakes they hold in the Bank of Italy
03/07/2014
Competition and EU partner Efthymios Bourtzalas has quit Ashurst’s Brussels outpost, just weeks after the exit of renowned partner Julian Ellison from the same group.
03/07/2014
Morgan Lewis hires Taylor Wessing partner to lead City PE group
Morgan Lewis today announced that accomplished private equity and investment funds lawyer Tom Cartwright has joined the firm as a partner in the Business and Finance Practice, resident in London.
03/07/2014
The recent re-codification of Czech civil law has introduced a new legal instrument called a trust fund or simply a trust.