02/06/2014
Bankers face 4 year minimum jail time in EU crackdown
Financial market abusers could face a minimum of four years in jail under new plans voted through the European Parliament on Tuesday amid a string of financial scandals.
Legal, Regulation & Compliance
02/06/2014
Brazilian 'Mensalao' banker Pizzolato arrested in Italy
The former director of Brazil's state-owned bank, who was sentenced in Brazil for corruption and money-laundering, has been arrested in Italy.
02/06/2014
Former head of SFO accused of running chaotic agency
Richard Alderman, the former head of Britain's leading fraud prosecution authority, oversaw a chaotic agency that was unable to keep records and documents in order
02/05/2014
LinkedIn fraudsters claiming to be from Aberdeen Asset Management
Aberdeen Asset Management is warning people to look out for emails from fraudsters purporting to be from the company
02/05/2014
UK law firm strengthens Private Client Team
He trained with Blake Lapthorn in Oxford
02/05/2014
Financial promotion: An indication of FCA’s new approach to intervention - Withers
Publication of the FCA's concerns about the MSM advertisements follows the announcement made by the FCA in November 2013, of its thematic review of insurance price comparison websites and also gives an indication of the FCA’s new approach to in
02/05/2014
FCA guidance on inducements for product providers and advisory firms - FCA
The guidance is relevant to all providers of retail investment products to be sold by advisers, as well as advisory firms providing personal recommendations for such products and payments made by providers to unregulated third party firms that are for the
02/04/2014
Norton Rose Fulbright launches global regulation and investigations practice
We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend
02/04/2014
SocGen the next target for Libyan Investment Authority
In its legal claim the LIA alleged that Goldman funded luxury trips to Morocco
02/04/2014
Brokers confused by trade body launch
Industry welcomes launch of Insurance Brokers’ Standards Council but rues lack of clarity over its role
02/04/2014
Banks to Corporates Prepare for Big Bang of EU Swaps Rules
Companies from banks and technology firms to energy suppliers are set to face European Union swaps rules
02/04/2014
Senior Management Increasing Efforts Globally To Combat Money Laundering
Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.
02/03/2014
Eversheds produces multi-jurisdictional guide to Consumer Rights Directive
Eversheds has produced a guide to the CRD that looks at how the CRD will change the laws of 15 EU countries. Click here to access a copy of the guide.
02/03/2014
Paris office of global law firm announces sponsorship of innovative mentoring programme in France
The unique and innovative initiative is dedicated to women between the ages of 25-39 years old within the immigrant population, who statistically face more difficulties in progressing in their desired career paths.
02/03/2014
Guy Norman makes opening bid to lead Clifford Chance corporate group
There isn’t a slam dunk candidate but the key name is Guy
02/03/2014
Withy King boosts private client and charities team
A solicitor with over 25 years’ experience in private client and charity law work, has joined our Private Client team as a consultant.
02/03/2014
Recent Developments in Implementing the Alternate Investment Fund Manager’s Directive
Rather than directly regulating funds, however, the AIFMD regulates managers
02/03/2014
ECB set to reveal further detail of bank health checks
The European Central Bank will reveal more detail on Monday on how it plans to go about checking that top euro zone banks have the risks on their balance sheets under control.
02/03/2014
Bank watchdog under pressure over bonuses for front-line staff
The Financial Conduct Authority is under pressure from MPs to extend bankers’ bonus regulations to front-line staff in the wake of the record fine imposed on Lloyds for mis-selling ISAs and income protection insurance.
02/03/2014
FCA issues warnings to two bankers over interest rates
Britain's financial watchdog has issued its first warning notices of proposed action against two bankers for their part in alleged manipulation of benchmark interest rates.