03/09/2015
Global Banks Are Blocking Funds For British Charities
The Overseas Development Institute has warned that the reaction of the international banks is a direct result of the counter-terror laws in the U.K.
Legal, Regulation & Compliance
03/09/2015
Central Bank inspectors investigating shadow lenders
The ECB needs to make sure it isn’t hiding any risky practices that could destabilise the system
03/09/2015
ECB Buying Starts New Era for Bonds, Euro
Currency heads toward parity with dollar; paying to hold debt
03/09/2015
EBA pay rules could force asset management firms to change business models
New proposals would force asset managers to comply with rules limiting bonuses and allowances
03/08/2015
Des O’Malley not on offshore Ansbacher accounts dossier
The Irish Examiner has obtained undisclosed letters sent to Ceann Comhairle Seán Barrett and formal complaints lodged about Ms McDonald’s comments, including correspondence from Mr O’Malley.
03/08/2015
Tory candidate revealed as ‘banking whistleblower’
A CONSERVATIVE parliamentary candidate fighting a west of Scotland seat is a “banking whistleblower” at the centre of a billion-dollar lawsuit between the Libyan government and one of the world’s largest investment banks
03/08/2015
Ex-Sarkozy aide arrested in Libya funding probe
Sarkozy says the document is a forgery.
03/06/2015
One of Scotland's best known law firms sued over an alleged hedge fund fraud
At a preliminary procedural hearing at the Court of Session before Lord Woolman, Richard Keen QC, acting for liquidator Paul Duffy, said the action proceeded on the basis of "breach of fiduciary duty and dishonest assistance" and alleged there h
03/06/2015
FCA wins legal battle to fine fund manager £89k
The Tribunal’s decision was issued on 6 March 2015 after 3 days of hearing during September 2014. It remains open to the parties to appeal this judgment.
03/06/2015
UK law firms move to regrow private wealth practices
The first detailed survey of lateral partner moves in the UK tax and private client area shows a growth of interest in developing private wealth and tax litigation teams
03/06/2015
Brussels IV: finally, a solution for the skiing chalet and the villa in St Tropez - Withers
Many private client professionals will be wearily familiar with the problems where their UK clients own property in continental Europe.
03/06/2015
From black-list to white-list: latest developments - Withers
The Italian map of tax havens has changed. On 2 March 2015, the special window offered by Italian Law n. 186/2014 for the signature of exchange of information agreements was officially closed.
03/05/2015
Global regulators publish revised proposals to supervise top funds
Global regulators published revised proposals on Wednesday for supervising the world’s biggest mutual funds following fierce industry pushback in the United States and elsewhere.
03/05/2015
Top French court approves extradition of Kazakh banker
Mukhtar Ablyazov is at the heart of a legal saga that has lasted years and spanned several countries.
03/05/2015
Bank of Beirut UK unit fined for misleading UK regulator
The Bank of Beirut repeatedly provided the regulator with misleading information after it was required to address concerns regarding its financial crime systems and controls.
03/05/2015
Consumers struggling to understand structured products as FSA calls for improvements from firms
Consumers were asked to anticipate how the FTSE 100 would grow over time and then asked for their expectations for structured deposits linked to the FTSE 100 during the same period.
03/05/2015
Fraud office probes Bank of England auctions
The bank said it had commissioned an inquiry into ‘liquidity auctions during the financial crisis in 2007 and 2008’
03/05/2015
CPA Ireland Signs Partnership Agreement with Russian Counterpart
Will promote cooperation and assistance between two organisations
03/04/2015
Norway Pushed to Review Oversight of World’s Biggest Wealth Fund
Norway’s $880 billion sovereign wealth fund is facing new calls for tighter oversight as the government prepares its annual strategy document
03/04/2015
The Impact Of New Regulation On Commodities Firms -Clare Hatcher and Laura Hingley, Clyde & Co
It has been a very busy period for commodities businesses tracking new regulation aimed at making the commodity markets more transparent and reducing systemic risk