02/17/2016
Offshore Compliance and Regulatory News: Sanctions by Ogier
Nicola Roberts reports on the current Russian Sanctions, their applicability in Jersey and the importance of remaining vigilant.
Legal, Regulation & Compliance
02/17/2016
JHC welcomes more time for industry to implement MiFID II
With the finalised text not now due until much later in 2016, the delay will give the industry more time to implement it properly.
02/17/2016
King & Spalding repaid $800,000 fees to 'Putin's banker'
The sentencing judgements handed down by Ms Justice Rose have shown that law firm King & Spalding 'repaid' $800,000 worth of fees from Mr Pugachev that were found to be in contempt of a $2bn global freezing order brokered in 2014 by Hogan Lo
02/16/2016
We will not hesitate to act: Draghi
Hints of more easing from Draghi on Monday pushed the euro lower.
02/16/2016
Dentons hires Pinsent Masons private equity specialist
Private equity and M&A partner Levy joins team that includes ex- Clyde & Co and BLP partners
02/16/2016
June deadline for Cayman EU funds passport
This timeframe was confirmed by Garth Ebanks, Deputy Head of CIMA’s Investments and Securities Division, at the Cayman Alternative Investment Summit (CAIS) earlier this month
02/16/2016
Italy's mini-bond rules may be adapted to Islamic finance
Islamic finance has made only marginal inroads in continental Europe, partly because of a lack of a benign tax environment for its asset-based transactions
02/16/2016
Law Society ups the stakes in debate over single legal regulator
Ahead of a government review, the Law Society has called for a single legal services regulator to protect consumers and ensure market confidence in solicitors .
02/16/2016
Legal complications to dull funds' appetite for new Russian bonds
Even if a bond deal were workable, the sanctions concern could raise Moscow's cost of borrowing.
02/15/2016
Bank of England issues consultation on Shari’a compliant central bank liquidity
While modest compared to the broader financial services sector, the concentration of Islamic finance activity in the UK is currently among the largest of any OECD economy
02/15/2016
UK banks expected to pay out £5bn in bonuses
Payouts expected despite slump in bank shares in Europe and thousands of job cuts
02/15/2016
HSBC Keeps London Headquarters in Victory for U.K. Over Asia
The decision is a victory for U.K. Chancellor of the Exchequer George Osborne, who made tax and regulatory concessions to large banks
02/15/2016
Germany’s top court to examine ECB’s bond buying
The programme was never implemented, and has since been superceded by a far bigger bond purchasing programme known as QE
02/15/2016
Bulgaria's central bank starts health checks on banks
The results of both the review and the stress tests will be published on Aug. 13
02/12/2016
SFO examines Barclays hedge fund profits
The SFO is understood to have taken an interest in the Caymanregistered fund after becoming aware of its existence in the course of its Libor investigation, the biggest in its history.
02/12/2016
Debevoise Advises Beacon Capital Partners in its Sale to AXA Investment Managers
The acquisition is via a share deal, and has been has undertaken by AXA IM - Real Assets on behalf of a club of investors seeking investments into core European real estate assets.
02/12/2016
Widespread Brexit complacency in FTSE 100 by Nick Le Riche, Bircham Dyson Bell
With a referendum on the UK’s continued membership of the EU likely to take place later this year and a recent survey by the Chartered Institute of Internal Auditors highlighting that only four FTSE 100 companies have engaged in detailed planning fo
02/11/2016
Heritage Financial Services hosts evening of EU discussion with clients
Hannan described an ongoing shift of financial power from the Atlantic to the Pacific in contrast to a steady decline in the EU’s contribution to global economic growth.
02/11/2016
Family law news - Withers
On behalf of Withers' London Family Law team I am delighted to welcome you to our latest edition of 'Family law news'.
02/11/2016
New Partner At Cardiff Law Firm
Her areas of expertise are property litigation and landlord and tenant matters in the retail sector.