09/15/2015
Libor scandal: Tom Hayes begins appeal against 14-year prison sentence
Mr Justice Cooke told London's Southwark Crown Court at Tom Hayes's trial that the jail sentence was intended to send a message to the rest of the banking world
Legal, Regulation & Compliance
09/15/2015
ABN Amro fires more staffers in Dubai fraud investigation
This brings the total of employees fired from the ABN Amro Dubai office up to nine.
09/14/2015
International law firm strengthens global Employment practice
Her joining follows the recent arrival of Asia-Pacific Employment partners Ying Wang
09/14/2015
Asset managers set for EU pay shake-up
The draft guidelines set out criteria for whether particular aspects of remuneration should be classed as fixed or variable.
09/14/2015
Three More Swiss Banks Have Secured Non-Prosecution Agreements with the DOJ
Since our last update, three more Swiss banks have reached resolutions with the Justice Department under its Swiss Bank Program
09/14/2015
LuxSE and Alfi publish Compilation of Investment Fund Laws and Regulations
The second publication covers alternative investment funds established under Luxembourg law and other investment vehicles which are neither UCITS nor AIFs.
09/13/2015
Charges filed against French head of defunct Bitcoin exchange
The French-born former chief executive of the exchange had been held in detention for six weeks without being formerly charged
09/11/2015
Guernsey extends market access to EU countries under AIFMD
Guernsey's Government, the States of Guernsey, has now amended its Investor Protection regulations for AIFMs and AIFs based in EU Member States
09/11/2015
Ernst & Young affirms LME meets IOSCO benchmark principles
The LME fully supports regulatory efforts to promote transparency, systemic stability and better management of risk
09/11/2015
LME Clear receives Bank of England approval to accept warrants as collateral
The initiative is a natural extension of the collateral pool for LME Clear
09/11/2015
Venture capital licence bolsters Crestbridge pan-European capabilities
The EuVECA regulation, which became applicable in all EU Member States on 22 July 2013, the same day as the Alternative Investment Managers Directive (AIFMD), provides for a common EU framework for fund managers of certain venture capital funds which plac
09/10/2015
New Partner for International Private Client Team
She was recently acknowledged for ‘spearheading a group of Jersey trustees in agreeing the wording for the FATCA guidance notes for Jersey.'
09/10/2015
Isle of Man chief predicts ‘anti-offshore activity’
Isle of Man Government chief minister Allan Bell has predicted a wave of negative campaigning focused on the Isle of Man and the other crown dependences, if Jeremy Corbyn wins the leadership of the UK’s Labour Party.
09/10/2015
Collas Crill named Legal Team of the Year at STEP Private Client Awards
The awards, now in their tenth year, set the industry standard and highlight excellence among private client practitioners.
09/09/2015
London Law firm expands with senior financial services lateral hire
She has a diverse range of clients including family offices, high net worth entrepreneurs and fund managers and trust companies.
09/09/2015
Revenue & Customs 'winding down' inquiries into HSBC Swiss tax evaders
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat
09/09/2015
New ECB Rule Helps Eurozone Banks, and Investors Can Take Advantage
This has prevented them from extending more loans to the real sector, both hindering economic recovery and limiting the banks' earnings potential.
09/08/2015
European Central Bank sets bank capital rules
The draft decisions, made late last week, cover most of the 123 banks under the ECB’s supervision.
09/08/2015
Credit Suisse challenges court order to pay US$288m in mortage suit
Swiss banking giant Credit Suisse on Monday challenged a court ruling ordering it to pay a US hedge fund US$287.5 million (€257.6 million) in a case linked to the burst housing bubble.
09/08/2015
Otkritie and the "Aldi requirement"
Perhaps especially in heavy commercial litigation, it is commonplace to find that the same or closely connected facts and circumstances give rise to multiple potential claims