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Legal, Regulation & Compliance

12/15/2016

Credit Suisse Reaches Agreement With Italian Prosecutors

An Italian court this week agreed to a deal between Credit Suisse and the Italian authorities

12/15/2016

Esin Attorney Partnership & Baker Mckenzie wins Turkey “Legal Adviser of the Year” at the 10th Mergermarket European M&A Awards in London

This is the second time in the last six years that the Firm has received this award

12/15/2016

EU prepares rule changes to target City’s euro clearing

Pre-Brexit move would deprive London of flagship financial business

12/15/2016

King & Wood Mallesons tax chief in talks to join Reed Smith as City firms rally for trainees

KWM has updated its partnership deed to ensure that any tax losses are split fairly between current and former partners

12/15/2016

British Legal Awards London Office of the Year: Proskauer Rose

Proskauer Rose won the London Office of the Year award

12/15/2016

UK: Reforms To The Taxation Of Non-UK Domiciled Individuals: Draft Legislation And Final Proposals

Individuals with 'mixed funds' in overseas bank accounts consisting of foreign capital, capital gains and income will be able to separate them into their constituent parts.

12/15/2016

Central Bank expects Brexit relocation decisions early in 2017

Regulator confident staffing issues can be managed

12/14/2016

Complaints Commissioner upholds complaint against FCA

The Complaints Commissioner has recommended that the FCA policy team send the complainant a full and considered response to the policy issues raised.

12/14/2016

FCA review finds room for improvement when dealing with customers in early arrears

In these firms there was widespread evidence of poor customer outcomes

12/14/2016

Pension providers making good progress on reducing fees and charges

Firms should continue to work to ensure that value for money is being consistently delivered.

12/14/2016

FCA launches market study on competition in the mortgage sector

The FCA will also review whether there are opportunities for better technological solutions to problems we identify, including greater use of digital channels to deliver information or advice.

12/14/2016

Guidelines on remuneration policies for sales staff

The risk of mis-selling and resultant conduct costs for firms.

12/14/2016

Trio of banks hit back at €485 million rate rigging fine

However, responding to the fines, the three banks have said they did nothing wrong with Credit Agricole declaring that it would appeal the decision while the other two are still considering an appeal.

12/14/2016

Monte Paschi confirms ECB rejected request for more time to raise capital

However, the ECB told the Monte dei Paschi such a delay could cause a further deterioration in its liquidity position and a worsening of its capital base, Monte dei Paschi said in a statement.

12/14/2016

KBC discloses new ECB capital requirements

KBC's capital remains well above the minimum requirements

12/14/2016

Wye Valley Lawyers Support Tavistock Investments’ Latest £3.6m Acquisition

The acquisition of Price Bailey adds £313m of new funds under advice, with £166m managed on a discretionary basis.

12/14/2016

Succession planning – the importance of protecting your business

However, through thoughtful and thorough family and business discussions and understanding your business's governance, you can take steps to minimise the risk of disharmony and/or expensive court actions by planning ahead

12/13/2016

Herbert Smith Freehills - Financial regulation update

FCA market study on competition in the mortgage sector

12/13/2016

Launch of New Boutique Law Firm Cabinet Baubigeat - Assisting Businesses in their African Expansion

The new firm has been formed by Julien Baubigeat following demand for more effective and efficient support for cross-border transactions, particularly between Europe and Africa.

12/13/2016

India-Cyprus tax treaty renegotiated: key provisions

The agreement may have important implications for investors that have already made investments

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