01/14/2014
HM Treasury intends to make an amending statutory instrument to this effect in early 2014 but in the meantime, all transitional AIFMs are encouraged to make their applications for authorisation or registration as soon as possible.
01/14/2014
Bank of America Corp.’s Merrill Lynch unit was sued by a Portuguese investment firm over a share sale that’s being probed by Italian regulators for potential market abuse.
01/14/2014
The regulator currently separates advisers into two fee blocks, A12 and A13, depending on whether or not they hold client money.
01/14/2014
The orders were deleted by an algorithm used by a Hong Kong-based HFT client, Algorithmic Trading Group, with sponsored access through ABN Amro.
01/13/2014
Scotland on Sunday has learned that the RBS Rights Issue Action Group – which represents about 8,000 small shareholders – is preparing to issue proceedings well before June’s statutory deadline.
01/13/2014
Such matters would usually remain private, but Consob's letter was leaked to an Italian blog at the end of last month, before BlackRock received it, City A.M. understands.
01/12/2014
We believe we have strong defences to the claims that are being brought against the group
01/12/2014
At its meeting in Basel today, the Basel Committee's oversight body, the Group of Governors and Heads of Supervision, endorsed a number of important steps in the completion of the post-crisis reform agenda.
01/10/2014
The Financial Conduct Authority has warned investors of a new boiler room scam operating under the same name as authorised firm LBV Asset Management.
01/10/2014
King & Wood Mallesons has announced the appointment of Craig Pollack as the new global co-ordinator for dispute resolution/litigation.
01/10/2014
Florian Homm, the founder of Cayman Islands-based Absolute Capital Management Holdings Ltd. who was arrested last year in Florence, Italy’s Uffizi Gallery, lost his appeal of an order to extradite him to the U.S.
01/10/2014
The regulator alleged that the manager utilized information not available publicly in order to avert €114.5 million or $156.5 million in losses for its clients in 2013.
01/08/2014
In May 2013, HM Revenue & Customs (“HMRC”) published a consultation document looking at various aspects of partnership taxation.
01/08/2014
French firm August & Debouzy has boosted its private equity practice with the hire of partner David Malamed from Weil Gotshal & Manges.
01/08/2014
Deutsche Bank AG, Europe’s biggest investment bank by revenue, will review whether to punish senior employees including Alan Cloete for their roles in the interest- rate rigging scandal
01/08/2014
Following this market abuse investigation, financial regulators in both the UK and US have reported more instances of tip-offs relating to potential illegal behaviours within the industry.
01/08/2014
RBS is said to be among nine banks being investigated for selling subprime mortgages
01/08/2014
The framework recognises that SIFIs vary in their structures and activities, and that systemic importance and impact upon distress or failure can vary significantly across sectors.
01/07/2014
Investment firms selling complicated derivatives have faced lawsuits around the world from customers baffled by losses that followed the collapse of Lehman Brothers Holdings Inc. in 2008. In the U.K., thousands of small businesses have sued lenders over i
01/07/2014
This revelation comes at a time when data and employee privacy issues, often triggered by investigations, are dominating the headlines and major corporations are facing increased regulatory scrutiny around anti-bribery and corruption legislation