09/19/2019
Baker McKenzie bumps trainee pay by 7% as its confirms autumn retention score
£48,000 in year one, rising to £52,000 in year two
Legal, Regulation & Compliance
09/19/2019
Contractual Interpretation: Establishing the relevant ‘factual matrix’
Upon discovery of their mistake, Lehman Brothers sought restitution on the grounds that the actual agreement was for 22 notes only and it had inadvertently over-delivered.
09/19/2019
The limits of audit: public perceptions and legal realities
These factors were not identified by Grant Thornton when it conducted its audit.
09/19/2019
Don’t play Midnight Cowboy with a midnight limitation deadline
The underlying proceedings at first instance concerned the calculation of the limitation period for a claim against trustees.
09/19/2019
Apple Can’t Win Its $14 Billion European Tax Battle
Even if the tech giant wins its court appeals, it will have to pay the money—and more—to Washington
09/19/2019
Will the sale of public trophy assets still be used to solve Italy's economic crisis?
The plan involved an immediate reduction in Italy’s public debt and an improvement in the finances of local authorities.
09/18/2019
Linklaters acts on largest European float of the year
The Euronext Amsterdam debut implied a market capitalisation of €95bn. Prosus shares jumped 26% on close, boosting its market cap to €120bn.
09/18/2019
Watchdog grills Metro Bank staff over misreporting scandal
FCA widens investigation into miscategorised loan risk-weightings to include managers
09/18/2019
Italy Considers Penalty on Cash Withdrawals to Fight Tax Evasion
Shops, restaurants and other small businesses often refuse electronic payment, citing high costs or broken card-reading equipment.
09/18/2019
Swedbank to allow prosecutor to question lawyer over money laundering
The new chairman, former Swedish Prime Minister Goran Persson, has promised full transparency.
09/18/2019
Top level fight breaks out at Malta financial regulator
As chief exec’s promise of a golden handshake draws the ire of an MFSA board member
09/18/2019
Mourant trusts lawyer makes list of Top 35 Under 35
The Top 35 Under 35 is well known in the trusts and private client sector, and is designed to shine a spotlight on the rising stars of the private client industry in the UK and the Channel Islands.
09/18/2019
Sheffield Dis-United
The comprehensive decision will be an important precedent to consider in future shareholder disputes, particularly those involving a ‘deadlock’ situation.
09/18/2019
Deutsche Bank May Face ECB Probe Over Dealings in Its Own Bonds
A formal probe would add another distraction for CEO Sewing
09/18/2019
HKMA and the BIS sign operational agreement on the BIS Innovation Hub Centre in Hong Kong SAR
The Hub will identify and develop in-depth insights into critical trends in technology affecting central banking
09/17/2019
Solvency II - PRA allows applications to recalculate TMTP
Firms should note that in order to expedite the application process, we would expect applications at this time to use firms’ existing TMTP calculation methodology.
09/17/2019
ECB has $51 billion fund questioning future of inflation hedging
And when you listen to Draghi, you certainly don't get the impression that inflation is about to come back," Mr. Rytsola said.
09/17/2019
Preparing for Brexit in financial services: the state of play by Andrew Bailey, Chief Executive of the FCA
Speech by Andrew Bailey, Chief Executive of the FCA, delivered at Bloomberg - London
09/17/2019
Millions of expats' futures in the EU and UK hang in the balance, says deVere boss
The deVere CEO said: "The millions of British expats in Europe and the EU citizens living in the UK are amongst those who will be disproportionately adversely affected by a no-deal Brexit.
09/16/2019
France and Germany will Block Facebook's Libra; Want to build Public cryptocurrency
France and Germany said on Friday that Facebook's Libra currency posed risks to the financial sector that could block its authorisation in Europe, and backed the development of an alternative public cryptocurrency.