06/24/2017
British lawmakers hit by 'sustained' cyber attack
Britain's National Health Service was hit by a massive global ransomware worm in May which crippled the computer system and forced some hospitals to turn away patients
Legal, Regulation & Compliance
06/23/2017
Luxembourg’s asset managers prepare for competition from Asia
Brexit question marks hang over the world’s second-largest domicile of funds
06/23/2017
Revenues pass £20m at world's oldest law firm
They are all the more significant because our growth is entirely organic.
06/22/2017
Debevoise Advises EQT in the Formation of a €420 Million European Real Estate Fund
The investments will typically range between €50 million and €200 million.
06/22/2017
Law Firm Unveils Southamton Promotions
All three embody the spirit of Trethowans; combining unrivalled knowledge with a commitment to going the extra mile.
06/22/2017
FCA consultation on changes to advice on pension transfers
The FCA has launched a consultation (CP17/16) on its proposed changes to advice when consumers are looking to transfer or convert safeguarded pension benefits.
06/22/2017
Global Bank-Capital Talks Falter as Germany Hardens Dissent
U.S. Treasury Basel recommendations fed German position shift
06/22/2017
Woman loses £50m divorce fight after claiming husband 'set up sham offshore trust'
The pair, who have not been named, had already racked up lawyers' bills of more than £2.2 million.
06/22/2017
Edmond de Rothschild fined for alleged involvement in 1MDB scandal
The affair, however, is mentioned in the annual report published in June.
06/22/2017
Private bank granted bankruptcy ruling against Boris Becker
Representing Becker, advocate John Briggs had argued that Becker was hoping to raise €6 million (£5.2 million) by remortgaging a property in Majorca.
06/22/2017
Competition regulator greenlights £11bn Standard Life-Aberdeen merger
The Competition and Markets Authority launched an initial investigation into the merger in May but has decided not follow that up with a more in-depth review
06/22/2017
EU’s new tax avoidance law to target Channel Island schemes
Schemes involving transactions to low tax jurisdictions such as Jersey and Guernsey will need to be reported to the European Union, under new legislation aimed at tackling tax avoidance.
06/22/2017
Herbert Smith Freehills - Financial regulation update
FCA regulation round-up June 2017
06/22/2017
Bank Risk Is in Demand as $113 Billion Fund Strikes 'Big' Deals
ATP has done some “big” deals since first venturing into the synthetic market less than three years ago
06/21/2017
Big German asset manager poised to cull 100 research analysts
Mifid II forces fund houses to consider cost of reports and meetings
06/21/2017
Herbert Smith Freehills - Financial regulation update
FCA Call for Input on consumer access to insurance
06/21/2017
Ready or Not - A New Data Protection Regime is Coming
The GDPR imposes significantly greater fines for non-compliance
06/21/2017
Benest Corbett Renouf becomes first Channel Islands Law Firm to Adopt Liberate’s DIFERA Scheme.
The legal profession has a reputation for not being diverse, but forward-thinking firms are recognising this as a weakness and doing their best to become more inclusive.
06/21/2017
Angel Di María fined £1.76m for tax evasion during spell at Real Madrid
This is a witch hunt against the wealthy, which is not limited to footballers.
06/21/2017
Independent research providers seen as beneficiaries of MiFID II unbundling
They don't know the real cost to clients or the revenue banks get from research.