05/15/2013
Ashcourt Rowan in court battle with ex-adviser over role at rival
Took the case to the High Court to enforce an anti-competition clause
Legal, Regulation & Compliance
05/14/2013
'We can't push a mountain': FCA issues rallying call to advisers
Being a reactive regulator no longer works
05/14/2013
RP Martin Said to Suspend Two Executives Amid Libor Probe
wo people with knowledge of the matter
05/13/2013
Ex-BlackRock Star Held In City Trading Probe
A former star fund manager at BlackRock was arrested last month as part of an insider trading probe, Sky News learns.
05/13/2013
Wealth manager issued final notice by FCA
The Financial Conduct Authority (FCA) has issued a final notice to a discretionary and wealth manager based in Warwickshire.
05/12/2013
TV presenters, bankers and government advisers among 1,000 Britons linked to tax havens
It also includes Goldman Sachs and Coutts, The Queen's bank
05/12/2013
EU Council Update on MiFID II
The Presidency has proposed a compromise solution
05/12/2013
Henderson in-house team shrinks amid shift to using law firms more
Henderson Global Investors’ UK in-house legal team has shrunk by nearly 30 per cent in the past year following a shift to farming out more of its lower-level work to law firms.
05/12/2013
Dundas targets London merger after run of City exits
Dundas & Wilson is pushing to secure a London merger following a string of exits in the City and failed talks with Bircham Dyson Bell in 2011.
05/09/2013
DWF bulks up real estate with Eversheds team
DWF has recruited 13 lawyers
05/08/2013
KPMG faces double inquiry by reporting watchdog
whether it had committed an ethical breach “in relation to the non-timely disposal of a shareholding
05/07/2013
FCA delays Ucis paper ‘to get it right’
We are working towards publishing our final policy statement as soon as possible
05/07/2013
Italy court upholds Berlusconi tax fraud conviction
An appeals court in Italy has upheld the conviction for tax fraud of former Prime Minister Silvio Berlusconi.
05/06/2013
APRA Update: Clarity welcome on liquidity, but uncertainty remains in key areas - KPMG
APRA’s update on revised liquidity requirements offers greater clarity in respect to the liquidity levels banks and other ADIs will be expected to hold, however a number of important issues remain unresolved.
05/06/2013
ABN’s EU Court Challenge on Acquisition Ban to Be Heard June 4
The Netherlands took full control of ABN Amro Holding NV assets when their owner Fortis ran out of short-term funding in 2008.
05/06/2013
Citigroup sues Barclays over losses tied to Lehman
Citigroup Inc (C.N) has sued Barclays Plc (BARC.L) to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc soon after Lehman's bankruptcy.
05/05/2013
Two arrested in FCA insider dealing investigation
The arrests are not linked to any other ongoing insider dealing investigation.
05/05/2013
Luxembourg banks pin hope on emerging East
Amid growing pressure from neighboring European partners and the United States, Luxembourg as a financial center aims to cash in on growing trade relations between the Gulf Arab region and the Far East, Luxembourg’s Minister of Finance Luc Frieden t
05/02/2013
Barclays back in the spotlight over £30m payout in 2008 rescue deal
The latest revelations were provided by Euromoney, which reported this week on leaked correspondence from the Abu Dhabi end of the rescue deal.
05/02/2013
Commerzbank concedes defeat in €52m bonus case
Germany’s second-largest bank said it would not be taking the case to the Supreme Court