04/23/2012
The Financial Services Authority (FSA) has lost a test case involving UBS in which it tried for the first time to punish a senior manager for inadequate supervision rather than for errors he personally committed.
04/23/2012
An Irish law firm has opened an office in the Cayman Islands.
04/23/2012
The government "does not have plans" for a wealth tax or other fiscal measures, Grilli said during testimony before the Chamber of Deputies parliamentary budget committee.
04/23/2012
Peter Cummings, the man behind Bank of Scotland’s failed corporate bank, has been handed a “warning notice” and punitive fine by the Financial Services Authority.
04/20/2012
Those following the state of UK giving could be forgiven for having allowed themselves to feel cautiously optimistic during the past two years.
04/20/2012
New EU regulations mean we will soon all need to consent to being tracked on the web - Matt Warman says the potential effects on consumers and websites could be far-reaching.
04/19/2012
The legislation, which came into effect on April 6, has been given a cautious welcome by law firm Boodle Hatfield.
04/19/2012
Based on the model of the bilateral agreement recently signed with Switzerland, it is said that the planned new deal with Vaduz would also encompass undeclared investments held in Liechtenstein foundations.
04/19/2012
All four of the new partners are based in the firm’s London headquarters, although the firm promoted Monaco corporate lawyer Nathalie Tanzi to its partnership in February.
04/19/2012
Defense attorney Charles Sherrard said he wants to know "the nature of any interviews" from disciplinary hearing with Adoboli's co-workers on the Swiss bank's Delta One trading desk.
04/18/2012
In the case of two companies, the purchases accounted for more than 80 per cent of that day’s total volume in those shares.
04/18/2012
Cloned firms appear to be genuine authorised firms or individuals when in fact they are a separate company with no affiliation to the firm they are cloning.
04/18/2012
But the number of people who actually invested with a share fraudster after being contacted by them dropped by 7pc, from 831 in 2010 to 770 in 2011.
04/18/2012
They were trading on the instructions of Stefan Chaligne, an equity-fund investment manager.
04/18/2012
Paris prosecutors opened a formal investigation April 12, after conducting a preliminary inquiry with the customs service into a complaint by France’s Prudential Control Authority in February 2011 over the bank’s practices in France.
04/18/2012
CPSS and IOSCO members will strive to adopt the new standards by the end of 2012. Financial market infrastructures (FMIs) are expected to observe the standards as soon as possible.
04/17/2012
The team also includes two partners in the firm's Dubai office, with corporate duo Gavin Watson and Chris Sioufi also joining Dechert, which currently does not have a presence in the United Arab Emirates.
04/17/2012
The decision to pass the case to the sanctions committee, which is composed mainly of independent magistrates, means the FSMA considers that there is enough evidence to take the case forward and that there will be no settlement with the parties involved.
04/16/2012
But Austria's deal is far less favourable than those struck by Britain and Germany, which both responded to political pressure by extracting big up-front payments and more concessions from Switzerland.
04/16/2012
The Bays allege that Barclays sold them a 20-year "interest rate enhanced collar" in September 2008 that immediately began to cost them thousands of pounds every quarter as interest rates were cut to historic lows in the wake of the financial cr