07/26/2016
Revolving Doors: Global 100 Firms Invest In Europe As Baker & Mckenzie, Mayer Brown And Bird & Bird Make Hires
Baker & McKenzie has added two partners in Germany to expand its energy and M&A practices.
Legal, Regulation & Compliance
07/26/2016
Top Executives To Be Put Under Further Pressure To Disclose Pay Ratios
The final report is due to be published tomorrow after an interim report that lambasted current executive pay practices as “broken” and “not fit for purpose” was released three months ago.
07/26/2016
May 'Orders Crackdown' On Offshore Tax Havens
Both The Times and the Daily Mail report that senior Whitehall officials in the government's "policy unit" have been told to draw up plans to tackle abuses of the tax system, perhaps in time to be unveiled at the Conservative Party conferen
07/26/2016
Swiss to pass information on HSBC accounts to US tax agency
Switzerland said it plans to give information to U.S. tax authorities about accounts at HSBC Holdings Plc's Swiss private bank, as part of a U.S. investigation into tax evasion.
07/25/2016
Will Brexit Break-Up Affect Your Divorce? The View From Hong Kong - Withers
Will the UK's own divorce from the European Union - ending a "marriage" going back to 1973 - affect divorces at the personal level for those with cross-border financial interests at stake?
07/25/2016
Brexit: EU considers migration ‘emergency brake’ for UK for up to seven years
Diplomats working on deal to give Theresa May greater concessions than those won by David Cameron, despite French doubts
07/25/2016
Another fine mess for HSBC
Withdrawing their licences to operate in the US could spark financial calamity.
07/25/2016
EU securities watchdog fines Fitch 1.38M euros
ESMA found certain senior analysts in Fitch transmitted information about upcoming rating actions on sovereign ratings to certain senior persons in a parent company of Fitch before it was made public
07/25/2016
ESMA backs Guernsey for AIFMD passport
Guernsey to be evaluated as a trusted jurisdiction that continues to provide a stable and competitive environment for business.
07/25/2016
OMGI’s Purzitsky: Don’t expect much from Bank of England in August
This leads naturally to the question of what we should expect in August.
07/25/2016
Post-crisis clearing rules block derivatives users from market
A clearing house is a counterparty that sits in the middle of a transaction between buyer and seller with the aim of reducing risk.
07/25/2016
Rosenblatt Solicitors Corporate Team Enjoys Record Period M&A and Private Equity Deals
Whilst the long term effects of Brexit remain to be seen, we have been encouraged by the number of new mandates we have secured.
07/25/2016
What the G-20 Call for More Fiscal Emphasis Means for Investors
Shift toward fiscal policy may boost banks and steepen curves.
07/22/2016
FCA seeks to increase collaboration with RegTech community
The UK financial regulatory authority issued the RegTech Call for Input in November 2015 to seek broader views on how it should progress and prioritise its work in this space.
07/22/2016
Spanish bank sees red in color quarrel with German rival
Santander — which uses the slightly darker HKS 14 — has been trying for six years to get the German Patent and Trademark Office to delete its rivals' trademark.
07/22/2016
Royal London must pay up for ’too risky’ investment
An adjudicator previously let both parties know he was of the opinion that the should be upheld.
07/22/2016
Three UK advisers arrested in £132m tax-dodging fraud
All three are suspected of involvement in a scheme that used Jersey-based offshore trusts to allow individuals to avoid around £132m in income tax.
07/22/2016
FCA Finds Failings In The Oversight Of Appointed Representatives In The General Insurance Sector
The principal firm has regulatory responsibility for the appointed representative and generally, in the regulatory context, anything that the appointed representative has done or omitted to do is treated as having been done or omitted to be done by the pr
07/22/2016
The Channel Islands Securities Exchange and the EU’s Market Abuse Regulation
From 3 July 2016 the European market abuse regime was changed as a result of the EU Market Abuse Regulation (MAR).
07/22/2016
FCA Publishes Thematic Review Into Dark Pools
The FCA considered the promotion undertaken by dark pool operators, the quality of the identification, management and disclosure of conflicts of interest and also reviewed relevant governance, oversight and controls.