01/10/2019
Playboy adviser reveals how he took £4.5m from clients
He was sentenced to eight years in prison.
Legal, Regulation & Compliance
01/10/2019
Our powers to ban a promotion or advert
This power acts against the promotion or advert, not the firm itself. (It works differently from other powers we have when firms generally don't comply with our rules
01/10/2019
Brexit: further proposals to prepare our regulatory regime
The FSCR does not allow EEA firms to take on new business after 29 March 2019.
01/10/2019
Man Group to fight $156m Kuwaiti lawsuit
A Kuwaiti state pension fund has sued the hedge fund in a UK court
01/10/2019
Danske Bank, ex-CEO are sued in U.S. over money laundering scandal
It is common for shareholders to sue companies in the United States after what they consider unexpected share price declines.
01/10/2019
Royal Court issues letter of request to High Court
Again, while counsel was unaware of any case where the English courts had assisted the Royal Court, there have been several occasions where it has done so in respect of Jersey companies.
01/10/2019
Appleby advise on Santander banking transfer in Jersey and Isle of Man
The Jersey team consisted of Partners Wendy Benjamin, Michael Cushing, David Dorgan, Tim Hart, and Richard Sheldon, supported by Senior Associate Gemma Whale, Associate Dilly Wright and Paralegal Angharad Prescott.
01/10/2019
Deutsche Bank prosecutors obtain client list during raid
List contains names of individuals and entities mostly located outside Germany
01/10/2019
Crime Probes Haunt Central Bankers From Black Sea to Baltics
Officials charge, question central bankers in criminal cases
01/10/2019
Beckham's ex brother-in-law guilty of conning investors
The Crown's case is that TCL was a typical boiler room enterprise, set up with the purpose of inducing unsuspecting members of the public to invest in rare earths.
01/09/2019
Gowling WLG Strengthens India Referral Agreement
The agreement will enable Gowling WLG clients in need of legal advice in India - or those seeking to enter the Indian market – to access Naik Naik & Company's broad suite of legal services.
01/09/2019
Swiss plans for whistleblowers fall short, critics say
Staff who report wrongdoing risk losing their jobs or even criminal prosecution
01/09/2019
Brexit and contractual continuity
The FSCR Regulations will allow EEA firms that have pre-existing contracts in the UK which would require a permission to service to continue to carry on the relevant regulated activities in the UK
01/09/2019
ESMA Provides Standards on Supervisory Cooperation Under the Securitisation Regulation
ESMA submits its draft RTS for endorsement to the European Commission
01/09/2019
EU fintech network mooted
"This is one factor that has the potential to impede the scaling up of financial innovations across the EU."
01/09/2019
Pensions cold-calling banned
Pensions cold-calling ban comes into effect.
01/09/2019
Data Protection Predictions 2019
The GDPR appears to have resulted in a big shift away from consent as the processing condition relied upon for the majority of commercial processing activities.
01/09/2019
Ogier advises on record-breaking £1.6 billion acquisition of Battersea Power Station
Heads of terms for the deal were agreed in May, and the redeveloped building is expected to be opened to the public in 2021.
01/09/2019
Law firm mergers are heating up says Altman Weil
Among other international deals were the merger of K&L Gates with Singapore’s Straits Law which completed this week.
01/08/2019
EU moves closer to tightening rules on London-based investment firms
More than half of the 6,000 European investment firms, including U.S. giants Goldman Sachs and JPMorgan (JPM.N), are based in Britain.