11/04/2016
Sweden's clean corporate image dealt blow with insider trading case
The bank chairman and CEO were both ousted when it came to light they had approved of the dealings.
Legal, Regulation & Compliance
11/04/2016
King & Spalding Elects 14 New Partners Across Seven Offices
"This year's class of new partners again reflects our priority to develop and promote high caliber lawyers worldwide in our areas of strength," said Robert D. Hays, Jr., chairman of King & Spalding.
11/04/2016
FCA and HMT responses to CMA final report on competition in the retail banking market
The FCA will take action to improve competition in the current account market in response to recommendations proposed by the CMA.
11/04/2016
EBA final guidelines on ICAAP and ILAAP information
These Guidelines aim at facilitating a consistent approach to the supervisory assessment of ICAAP and ILAAP frameworks across the EU as part of the supervisory review and evaluation process (SREP).
11/04/2016
BREXIT: FCA evidence to House of Lords European Affairs Sub-Committee on Financial Services
The House of Lords European Affairs Sub-Committee on Financial Services has published written evidence submitted to it by the FCA. The evidence relates to the inquiry exploring the future of financial services in the UK following the vote to leave the Eur
11/04/2016
Osborne Clarke advises Investec Bank plc in its capacity as sponsor and financial adviser to Regus plc
The market capitalisation of IWG plc is likely to be c.£2.2 billion.
11/04/2016
Top City law firm who led the High Court bid to stop the PM triggering Brexit still won't reveal the fat cats they're working for
In July Mishcon launched the action to ensure MPs have their say before Downing Street invokes Article 50 of the Lisbon Treaty
11/03/2016
NatWest takes next step in its alternative finance journey
The scheme allows customers to apply direct to any of the lenders, or rely on a referral from their relationship manager.
11/03/2016
IFA's expected to review fee set ups ahead of MiFID II
IFA's could seek to de-risk their business by reviewing their level of professional indemnity cover
11/03/2016
Gay hedge fund manager sues for City ‘abuse’
A hedge fund manager who says that he was treated as a “curiosity” by homophobic colleagues
11/03/2016
The law firms with the best social life
Legal Cheek has obtained a unique insight into how trainees and associates like to unwind after a hard day’s work.
11/03/2016
Clifford Chance applies AI to unearth legal implications of financial regs
This collaboration is part of our journey to bring together the best of today's technological capabilities and the best legal skills and expertise.
11/03/2016
French prosecutor calls for British bank giant HSBC to stand trial for aiding large-scale tax fraud in France
The case began when French authorities in late 2008 received files stolen by Herve Falciani, a former HSBC employee.
11/03/2016
Mark Lyttleton pleads guilty to insider dealing
The trading was conducted by Mr Lyttleton through an overseas asset manager trading on behalf of a Panamanian registered company.
11/03/2016
Debt purchaser Motormile Finance agrees to redress package
Motormile has since amended its processes, systems and controls to mitigate the risks identified.
11/03/2016
FCA acts to improve competition in the current account market
The FCA will also consider the need for rules in relation to the proposed Monthly Maximum Charge
11/03/2016
JWG to help industry unlock regulatory reporting
It was a natural progression for JWG to support the FCA’s RegTech agenda.
11/03/2016
Italy watchdog to summon Monte dei Paschi execs, Passera -source
Monte dei Paschi faces an uphill struggle to convince investors to back its third recapitalisation
11/03/2016
UK challenger bank bites the dust
Was granted an “authorisation with restriction” licence from the regulators earlier this year.
11/03/2016
Switzerland and Latvia sign protocol of amendment to double taxation agreement
Finally, legal certainty is increased for taxpayers with the inclusion of an arbitration clause.