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
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.
07/22/2015
Barclays is reportedly weighing up a deal that would settle its long-running criminal probe into its dealings with Qatari investors that raised £5.8 billion during the financial crisis.
07/22/2015
Asked by a member of parliament about a media report that finance ministry officials were preparing to relax incoming ring-fencing rules, Osborne said he was unaware of this.
07/21/2015
We are very delighted to announce that Hanson Renouf has been shortlisted in the Citywealth IFC Awards as Boutique Law Firm of the Year.
07/21/2015
The number of visits does not correspond exactly to how frequently rules are being broken
07/21/2015
Asset and wealth managers hunting for compliance professionals to help tackle the ever-increasing regulation in the industry has driven up salaries, drawing more people to the jobs.
07/21/2015
The SFO gained powers to strike DPAs in February last year
07/21/2015
After almost a year of wrangling, the EU Council and the European Parliament have finally reached an agreement on a new Anti-Money Laundering Directive.
07/21/2015
A substantial number of cases involve private foundations, typically legacy structures based in Liechtenstein and Panama.
07/20/2015
The Bank of England is happy with banks, and is now worried about the rest of the financial system
07/20/2015
The investment management community and especially the ‘boutique’ community find that the regulatory burden imposed upon us by the EU is so expensive
07/20/2015
Four out of five days in any given week last year, Barclays Plc bankers were probably rubbing shoulders with FCA investigators as the regulator visited the U.K. bank more than any other.
07/20/2015
In an attempt to change behaviours within the financial services industry, regulators, governments and firms have mostly focused their efforts on deterring the few that might behave inappropriately. Yet the industry continues to be plagued by scandal and
07/20/2015
‘Total on-going maintenance costs, allowing for the continuation of cross-border marketing, could be near €1.4 million per year.’
07/19/2015
“The FCA is doing a great job with the headline-grabbing scandals but it needs to focus on the smaller issues too or it will face a huge task of cracking down on a backlog of smaller illegitimate investment schemes in the future,” Mr Burger sa
07/17/2015
Companies that facilitate tax evasion are set to face criminal charges under plans unveiled ahead of an “unprecedented step change
07/17/2015
Jain oversaw the investment bank when the manipulation attempts took place.
07/17/2015
In this briefing note, senior associate Chris Hutley-Hurst looks at the key advantages of using a Guernsey company as the vehicle for an LSE listing.