07/28/2015
More names emerge in race to become Linklaters managing partner
Bennett has been London litigation head since 2007 and was appointed global litigation head
Legal, Regulation & Compliance
07/28/2015
Revolving doors: Pinsents and Irwin Mitchell both hire from CRS as Gateley brings in two new partners
With the summer break fast approaching, there was a flurry in the lateral market among law firms last week as they looked to sign off key appointments.
07/27/2015
More transparency over UK prime property ownership needed to prevent fraud, campaigners say
Plans to create a public registry of the real owners of UK companies should be extended to make it clear who is behind the companies that own high-value London properties, Global Witness has said.
07/27/2015
Russian central bank withdraws licence from top 50 bank
The central bank said in a statement that Rossiysky Kredit Bank had hidden grounds for bankruptcy proceedings by providing inaccurate information about the state of its finances.
07/27/2015
Liechtenstein Disclosure Facility To Close In December
The UK and Liechtenstein have published a Joint Declaration that provides for the early closure of the Liechtenstein Disclosure Facility.
07/27/2015
Foreign criminals use London housing market to launder billions of pounds
Corporations, usually based in offshore tax havens, are sometimes used by buyers keen to hide ownership of assets, says National Crime Agency spokesman
07/27/2015
Ex-Deutsche Bank Chief Anshu Jain Cleared of Misleading Regulators Over Libor Rigging
German regulator BaFin is continuing investigation into other matters
07/27/2015
Former Head of Banco Espírito Santo Placed Under House Confinement
Prosecutors named Ricardo Salgado suspect in lender’s collapse
07/27/2015
Raft of firms bag spots as Deutsche Bank finalises legal panel arrangements
A host of law firms have been awarded positions as Deutsche Bank's go-to advisers with the lender having finalised its global legal panel after kicking the process off at the end of last year.
07/27/2015
UBS Takes France to Court over Human Rights
Switzerland’s biggest bank has picked a fight with France over human rights.
07/24/2015
Banking Family Plans to File Suit Against Andorra
The Ciercos, who had 75 percent of the equity of Banca Privada d’Andorra, or B.P.A., said in a statement that their pending lawsuit would seek damages from Andorra for the “indiscriminate and unilateral expropriation” of the bank.
07/24/2015
Removal of a protector after loss of trust and confidence
A protector should consider the viability of their position early in the face of hostile beneficiaries
07/24/2015
Former Anglo CEO offers video evidence to Banking Inquiry
Former CEO of Anglo Irish Bank has offered to give evidence to the Banking Inquiry by video link from the US.
07/24/2015
Banking on Bonuses? Prepare to wait a while longer by David Buckle, Cubism Law
Bonuses in the financial sector are subject to regulations arising from various UK and EU legislation.
07/24/2015
Liverpool legal firm promotes 13 lawyers
Appointments enhance firm's capabilities, says managing partner Mark Brandwood
07/24/2015
Working group to strengthen code of conduct standards and principles
The Foreign Exchange Working Group, announced by BIS Governors in May to strengthen code of conduct standards and principles in foreign exchange markets, has now been established.
07/24/2015
Former Anglo CEO offers video evidence to Banking Inquiry
Former CEO of Anglo Irish Bank David Drumm has offered to give evidence to the Banking Inquiry by video link from the US.
07/24/2015
Leading global law firm bolsters disputes with ex-Barclays financial crime chief
He joins from Barclays where his most recent roles include Managing Director of Litigation and Investigations (overseeing the bank's investigation and litigation capability) and Global Head of Financial Crime Legal.
07/23/2015
Leaked document says Barclays is 'under-resourced' as it considers axing 30,000 jobs
Barclays executives warned internally in March that a project to get a new license to operate in the UK may lack resources as the company prepares to be split up under new "ringfencing" requirements, according to a document leaked to Business In
07/23/2015
International law firm launches new Corporate Crime & Fraud Unit
In the aftermath of the global financial crisis, businesses around the world face ever tougher legal and regulatory requirements and more stringent laws cracking down on corporate misconduct.