09/07/2015
Keep it Seperate, Keep it Safe? by Victoria Myerson
Article first published in Gallery - Family Law Special Edition, September 2015
Legal, Regulation & Compliance
09/07/2015
Macdonald Henderson announces new appointments and promotions
We are delighted to advise the following four appointments and two promotions to the firm, representing the largest swathe of appointments in the firm’s recent history.
09/07/2015
ESMA recommends extending AIFMD marketing passport outside Europe
The passport is currently only available to EU fund managers.
09/07/2015
BNR authorized takeover of Volksbank by Transylvania Bank
At the date of the merger, the validity of the functioning licence of Volksbank will cease.
09/07/2015
Regulators risk causing unnecessary pain to investment banks
Tough regulations could hit lenders’ profits, spark lay-offs and negatively affect Europe’s economy
09/04/2015
Schroders’ Swiss Bank Pays $10.4 Million in Deal With U.S.
The Department of Justice has announced that Schroder & Co. Bank AG has reached a resolution under the department’s Swiss Bank Program.
09/04/2015
ECB Stands Ready To Boost Monetary Stimulus In Face Of China Slowdown
The door to more quantitative easing is open
09/04/2015
KWM to smash lockstep pay limits for star partners as war for talent rages
The scheme, introduced without the need for a partnership vote, has no limit in terms of pay but will only be available to incoming partners.
09/04/2015
Earnings drop at magic circle law firms as they fail to benefit from global M&A boom
This isn't a new trend, London law firms have been struggling for five or six years now, but this year was meant to be the comeback year.
09/04/2015
Case study: Charles Russell Speechlys
The firm is looking to position itself as a leading private wealth player, covering the full range of commercial legal services for the privately wealthy, including litigation and corporate.
09/04/2015
Fine wine scam sees director disqualified
The Insolvency Service has disqualified a company director for 11 years following an investigation which found his firm had taken close to £60,000 from members of the public by claiming to offer investments in fine wines.
09/04/2015
Row over Libyan sovereign fund LIA reaches UK court
Part of the LIA's foreign assets were frozen by Western countries and the U.N. during the 2011 uprising to prevent Gaddafi officials getting access to funds or as part of investigations into corruption.
09/03/2015
Disclosure of Beneficial Owners of EU Companies, Trusts and Foundations
The 4th AML Directive requires disclosure of beneficial ownership information to central registers.
09/03/2015
Olswang former head of corporate exits after 15 years as firm
He quit the firm after he officially stood down from leading Olswang's corporate group in February this year and was replaced by senior corporate TMT partner Mark Bertram
09/02/2015
Latest Central Bank move on banking oversight will help reduce risk
Lack of information about ‘opaque’ special purpose vehicles make it difficult to assess financial stability implications
09/02/2015
FCA probes Friends Life share price spike post-Aviva merger
But the regulator is now investigating unusual share price rises following the deal as part of its standard practice
09/02/2015
Germany, France, Britain call for rethink of new EU securities rules
The rule changes are due to come into effect in January 2017.
09/02/2015
AIFMD Passport – Extension Denied to the US, Hong Kong and Singapore
The AIFMD passport is currently only available to EU AIFMs and EU AIFs.
09/02/2015
Political party funding by offshore companies could be prohibited in Russia
The authors of the bill point to many cases when political parties and their election campaigns are financed by Russian companies that were officially founded by other Russian companies but are ultimately controlled by foreign legal entities.
09/01/2015
Law firm expands into Leeds as it views growth
A national law firm is targetting expansion in the North with the opening of an office in Leeds.