02/25/2015
Central Bank: Buda- Cash Brokerage Could Cause Huff 100 Billion Damage
The National Bank of Hungary has suspended the licence of brokerage Buda-Cash with immediate effect on suspicion of wrongdoing.
Legal, Regulation & Compliance
02/25/2015
Managers face Swiss Legal Representative requirement
The sands of time are running out for hedge fund managers wishing to continue distributing their funds to Swiss investors.
02/25/2015
HLW Keeble Hawson Set For Recruitment Drive
The law firm is now forecasting another turnover rise and is undertaking a recruitment drive throughout 2015.
02/25/2015
Jersey chief minister 'disappointed' at Miliband letter
Earlier this month Miliband said a future Labour government would push for UK overseas territories to be put on an international blacklist if they refuse to co-operate with a drive against tax avoidance.
02/25/2015
RBS suspends two more employees over market rigging
Royal Bank of Scotland has said it suspended another two employees as part of an investigation by the bank into foreign exchange market rigging
02/25/2015
Ex-Leeds United managing director applies for private prosecution over 'deceitful' Dubai incarceration
I have now been held approaching 300 days without questioning, charge or trial
02/24/2015
FCA considers asset management 'value for money' review
The Financial Conduct Authority is considering a review of the asset management sector that would look at how buyers of products receive value for money.
02/24/2015
Knighted hedge fund manager embroiled in embezzlement probe
Gregory King is among four Scots accused of syphoning £400 million through the crashed Gibraltar-based hedge fund Heather Capital
02/24/2015
New UK law could see bankers prosecuted for aiding tax evasion
Deal with France to allow UK use leaked HSBC files to pursue financial advisers
02/24/2015
Japanese law firm opens London Office
The firm will advise on all aspects of Japanese law
02/24/2015
Hogan Lovells Re-Appoints Nicholas Cheffings as Chair
Hogan Lovells has re-appointed London real estate partner Nicholas Cheffings as Chair of Hogan Lovells beginning 1 May 2015
02/24/2015
FCA fines Aviva Investors £17.6m for systems and controls failings
“While Aviva Investors’ failings were serious, the FCA has recognised that its actions since reporting its failings were exceptional. The level of co-operation during the investigation and commitment to ensuring no customers were adversely imp
02/24/2015
FCA sets out approach to Non-Executive Directors and the Senior Managers Regime
Non-Executive Directors (NEDs) with specific responsibilities, such as Chairman, will come under the new Senior Managers Regime (SMR), the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) has confirmed.
02/24/2015
US launches probe into alleged gold rigging by banks
It also said the Commodity Futures Trading Commission had subpoenaed HSBC Bank USA for documents related to its precious metals trading.
02/24/2015
UK watchdog softens impact of new finance rules
Non-executive directors at banks and insurers exempt from personal liability regime
02/23/2015
The Quiet Man Who Made Big Trouble for Little Luxembourg
Antoine Deltour sees himself as “just a little auditor” who copied some tax files
02/23/2015
Netherlands Supreme Court Justice announces move to Global law firm
He will leave the Supreme Court of the Netherlands on September 1st , 2015. He is the first Justice of the Supreme Court of the Netherlands to leave the Court to join an international law firm.
02/23/2015
Alexander Granovsky faces Israel lawsuit over bank debt
To this end, the bank has hired the services of Adv. Alon Pomeranc, head of the litigation department at the firm of Lipa Meir & Co.
02/23/2015
Eversheds comment: New UK NED regulations could help prevent next financial crisis
To the extent that the new measures can, in fact, prevent the next financial crisis, they should benefit the stability of the financial system.
02/22/2015
American international law firm Shortlisted for Financial News Awards for Excellence
The winners will be announced at a gala dinner in London on April 22.