05/12/2016
Ex-Barclays banker revealed as pleading guilty to Libor rigging
Court lifts order restricting plea during trial of five others for manipulating benchmark for pricing financial transactions worldwide
Legal, Regulation & Compliance
05/12/2016
Russian Trust Bank’s $85 million claim against Edenbury trading ltd to be heard in July
Besides, on May 30 a court of appeals will examine a complaint submitted by a Cypriot frim TIB Investments Limited against a court ruling ordering it to pay 1,996 billion rubles (about $30.5 mln) in favor of the bank.
05/12/2016
UK tipped off over Swiss bank years before US exposed tax fraud
The banking secrecy techniques revealed in internal BSI documents seen by the FT offer the latest glimpse of how bankers in the City have helped clients move money around the world incognito.
05/11/2016
Debevoise Advises Rexel in the Placement of €650 Million Senior Notes
They are being offered exclusively to investors outside the United States and are expected to be listed on the Luxembourg Stock Exchange.
05/11/2016
Draghi Cast as Cash Conspirator Foreshadows German Clash on Exit
The skirmish could augur bigger battles to come, as the gradual healing of the euro-area economy will one day justify a winding down of the unprecedented stimulus measures that the ECB has thrown at it during Draghi’s four years in charge.
05/11/2016
New CPA President warns of dangers of unsustainable tax base
“Relying on continuing economic growth to deliver the uplift in revenue is not sustainable”
05/11/2016
Cayman Islands: Cayman Joins Beneficial Ownership Initiative
The Premier, the Hon. Alden McLaughlin, said Cayman's invitation to participating jurisdictions is one of a number of current, significant measures that it is taking to promote global tax compliance
05/11/2016
Cameron will use anti-corruption summit to call on wealthy to admit sources of cash
Cameron is expected to announce the new transparency measures at Thursday’s summit
05/11/2016
Banks cull accounts in fight against corruption
The purges show how the world’s biggest banks are becoming more aggressive in closing client accounts either because they are considered too risky under anti-money laundering rules or because they have become uneconomic in light of new regulations.
05/10/2016
Irish Law Awards 2016: Full List of winners
More than 550 people attended the prestigious AIB Private Banking Irish Law Awards ceremony in the Doubletree by Hilton Hotel on Friday.
05/10/2016
Meet the Five Men Involved in the Largest U.K. Insider Trading Case
After a four-month trial, only two of five defendants in Britain’s most profitable insider-trading case were found guilty.
05/10/2016
Deutsche Bank May Have Been Late In Announcing CEO's Departure -Bafin
Germany's flagship lender issued a statement on June 7, 2015, saying John Cryan would replace Anshu Jain as chief executive, about two hours after several international media organizations had reported the news.
05/10/2016
Two convicted of insider dealing in Operation Tabernula trial
Mr Dodgson worked at Morgan Stanley as a vice president in global capital markets until January 2007
05/10/2016
Elian appointed to provide fund administration services to Medicxi Ventures’ first €210m fund
The team at Elian is delighted to be working with Medicxi Ventures in this important sector, and is looking forward to growing the relationship,’ said Giles Johnstone-Scott, director of funds, Elian Fund Services.
05/10/2016
Banking bodies call for global agreement on cybersecurity and data management
The paper concludes that the best approach for developing technology policies is open and transparent formulation and implementation, which allows stakeholders to provide meaningful input to regulators.
05/10/2016
Financial Conduct Authority’s regulatory sandbox opens to applications
'Our aspiration is that the sandbox not only enables innovative ideas to be tested and brought to market, but also helps to reduce the time and the cost of getting them there.'
05/09/2016
Premier, minister head to London as beneficial ownership deal unravels
The new standard has not yet been developed, Mr. McLaughlin said, but it is at the initiative stage.
05/09/2016
New rules have created a research headache for fund managers
Draft EU rules will force fund houses to reveal structure of fees and charges
05/09/2016
Allen & Overy announces 35 new Counsel promotions
The 35 promotions span the Banking, Corporate, Employment, ICM, Litigation, Real Estate and Tax practices and are effective as of 1 May 2016.
05/09/2016
Deutsche Bank Freezes `Billionaire' Vik's Confirmit Shares
The German lender, which has accused Vik of trying to hide assets, argued the shares were held for his benefit.