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Legal, Regulation & Compliance

12/22/2016

TheCityUK urges focus on maintaining competitiveness of UK legal services industry

It particularly stresses the importance of the English courts remaining a hub for global businesses seeking to resolve international commercial disputes and of reasserting the value of choosing English law in commercial contracts.

12/22/2016

COMCO fines Swiss franc Spread cartel

COMCO’s decision can be appealed to the Federal Administrative Court

12/22/2016

Dutch housing co-op Vestia sues Deutsche Bank

We dispute the claims and will be defending ourselves in court.

12/21/2016

Cahuzac: Banque Reyl to Appeal the Verdict

The bank's CEO received a suspended jail sentence of one year and a fine of 375,000 euros

12/21/2016

Top French banks sue ECB to reduce capital demands

The Frankfurt-based institution has been sued repeatedly over its bond-buying programmes and by smaller banks seeking to escape its supervision.

12/21/2016

Financial regulation update

EBA recommends a harmonised EU-wide framework for covered bonds

12/21/2016

FCA must disclose extra documents in Libor case

There was a culture where the manipulation of the Libor setting process was pervasive

12/21/2016

U.K.-based banks could sue the bloc if it does not grant them a transitional deal

Britain's 26 billion pounds legal sector could be at 'risk' if the government fails to secure guarantees following Brexit.

12/21/2016

Eversheds partners vote in favour of merger with US firm Sutherland

Partners have voted in favour of a merger between law firms Eversheds and Sutherland.

12/21/2016

BNP Paribas, Societe Generale among major French banks suing ECB to reduce capital demands

The legal action comes amid heightened tension between banks and the ECB

12/21/2016

Spanish Banks Lose EU Case on Mortgage Interest Repayments

EU court ruling concerns ‘mortgage floors’ on Spanish loans

12/21/2016

Former trader claims in court Belgian law applies to Euribor

City watchdog disagrees with Christian Bittar’s reading of legislation

12/21/2016

Dutch housing coop Vestia seeks damages from Deutsche Bank for derivatives

Vestia's own losses are usually estimated at about 2 billion euros

12/20/2016

Herbert Smith Freehills - Financial regulation update

The PRA has published a frequently asked questions (FAQ) document on Solvency II regulatory reporting.

12/20/2016

WW Property Investments Limited v National Westminster Bank

Court of Appeal refuses permission for addition of claims regarding LIBOR manipulation

12/20/2016

UBS accused over cross-border ‘tax fraud money laundering’

French judicial authorities’ have been investigating UBS since April 12, 2012

12/20/2016

Orrick Named to Geneva's Top 5 Law Firms for Litigation and Arbitration

Geneva is an important base for our international litigation, arbitration and dispute resolution practices

12/20/2016

Italy court acquits four former JPMorgan execs in Parmalat case: source

Parmalat collapsed at the end of 2003 with a 14 billion euros hole in its accounts.

12/20/2016

Deutsche Bank could settle U.S. penalty this week: source

This would remove the biggest uncertainty facing the bank, which had sought a deal before President-elect Donald Trump, a Republican, takes office on Jan 20.

12/20/2016

Tangible results on the road to reform in Ukraine

Reforms are necessary to make Ukraine a stable, prosperous country.

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