07/03/2017
Film scheme fraudsters ordered to repay over £2m
They were fraudulently underpinned by false documents, making them tax evasion.
Legal, Regulation & Compliance
07/03/2017
Ogier Jersey advises Workspace Group on the £158.7 million acquisition of City office building
Workspace, which provides flexible office space throughout London, purchased the building for £158.7 million.
07/02/2017
Investment consultants plan to fight UK competition probe
UK regulator rejects reforms proposed by Aon Hewitt, Willis Towers Watson and Mercer
06/30/2017
UK Litigation Funder Expands in US After Launch Last Year
At Therium's U.S. operations, Weisman joins CEO Eric Blinderman, who left Proskauer last year to launch the financier's American offshoot.
06/30/2017
FCA report offers light relief in City
Instead of imposing new regulations, a period of further consultation was announced.
06/30/2017
Asset managers ripping off customers is nothing new
The FCA’s report is a travesty that is bereft of remedies, writes Gina Miller
06/30/2017
BNP Paribas accused of complicity in Rwandan genocide
The groups note that a United Nations arms embargo was in effect at the time.
06/30/2017
FCA announces the names of firms who have participated in the Advice Unit and publishes the FAMR baseline report
There have been two cohorts of firms who have participated in the Advice Unit so far.
06/30/2017
Information request to with-profits firms - FCA
The information request is designed to help us identify the most appropriate areas to focus on in the review.
06/30/2017
Examining the charges of fraud against Barclays
The UK’s Financial Conduct Authority has also recently reopened its own separate investigation into the dealings.
06/29/2017
BVI and Cayman companies and UK property investments – a perfect match?
The drivers for doing so vary from client to client and our guide aims to pull together some of the common threads for both private and commercial investors in the UK real estate sector.
06/29/2017
Law firm Gillespie Macandrew sees profits take a dip
The firm, which also has offices in Glasgow and Perth, currently has 22 partners and 118 staff
06/29/2017
New reporting rules to increase burden on thousands of trusts
Advisers warn trustees will need to give HMRC details of assets
06/28/2017
PSC legislation is issued at the eleventh-hour
Useful government guidance can be found here and if you would like further information about these developments please contact Stephen Belling, Head of our Company Secretarial Team.
06/28/2017
Germany refuses to release Swiss spying suspect
The man was tasked with identifying German tax investigators who purchased CDs containing details of bank account holders in foreign tax havens such as Switzerland.
06/28/2017
Taylor Wessing UK PEP down while global profit approaches £100m
He added that the firm had invested considerably in tech during the year.
06/28/2017
Herbert Smith Freehills - Financial regulation update
FCA Asset Management Market Study: provisional view on UIL of a MIR on investment consultancy services
06/28/2017
UK watchdog throws out Qrops case against Hargreaves
The UK’s Financial Ombudsman Service (FOS) has rejected a complaint against Hargreaves Lansdown after a client accused the platform provider of unnecessarily delaying a transfer of his pension into a Qrops.
06/28/2017
Lawyers gear up to take Bank of Scotland and Barclays to court
This week the firm wrote to 'hundreds' of borrowers with whom it has been in touch, outlining plans to force the banks to rip up original contracts and charge a 'fair and reasonable' rate of interest on the loans.
06/28/2017
Ashurst partner profits jump despite sluggish start to the year
Ashurst promoted 19 of its associates to partner during the year. It has more than 400 partners and 1,200 lawyers working around the world.