06/02/2014
In several recent cases concerning Russian and CIS nationals, people have been held in contempt of court for failing to disclose information about their assets. In this article we look at two recent cases where the English Court’s remit stretched fa
06/02/2014
UK’s fast-growing model for legal services launches in Australia
A new model for providing legal services enters the Australian market today, with the official launch of Keypoint Law.
06/02/2014
Legal & General chief executive has hit out at plans for providers to have a role in the government’s guidance guarantee.
06/02/2014
Sven Giegold, economic and financial spokesman for the Greens/European Free Alliance, has told Financial News he will campaign for effective regulation for banks and shadow banks when the European parliament reconvenes and will remain a critic of high pay
06/02/2014
On the 18th of March the Russian Ministry of Finance published a draft law on anti-offshore measures.
05/30/2014
The US is seeking more than $10 billion from French bank BNP Paribas to settle criminal charges that it violated US sanctions on Iran, Sudan and Cuba, and the two sides remain in negotiations
05/30/2014
The bench of Justice T.S. Thakur and Justice A.K. Sikri reserved its order on Sahara's application
05/30/2014
The bank’s new global financial crime group will now take on all financial crime work, which will be split off from the rest of the litigation function as well as bribery and corruption and money-laundering matters.
05/29/2014
HSH - along with other regional state-owned German lenders known as landesbanks - lost billions of euros
05/29/2014
Retail and wholesale financial markets differ and require a different regulatory approach
05/29/2014
We consider that it could never be in the proper course of a person’s employment for him to disclose inside information to a third party
05/29/2014
Fraud investigators are probing the failed Kratos Ucis fund, managed by discretionary firm Quintillion, following a report by the Public Interest Unit which alleges criminality.
05/29/2014
Britain's markets regulator pledged on Thursday to offer a more sympathetic ear to financial firms wanting to develop new products that help customers save for their old age.
05/29/2014
BGC Partners Inc. was sued by a former broker who said he was subjected to a campaign of abuse after refusing to take part in a “boorish” initiation ritual called “the run.”
05/29/2014
The decision follows a year-long re-evaluation of the original 2012 verdict from by the Financial Services Authority, the then City regulator, which found that Hannam had sent two emails breaching insider trading rules.
05/28/2014
British and U.S. prosecutors have charged 16 individuals to date in connection with the investigation into alleged rigging of benchmarks
05/28/2014
The EU’s Euribor case became strained when three banks including Credit Agricole rejected an accord.
05/28/2014
Research into the understanding of small business customers also demonstrated that few understood that there was a possibility for their insurance intermediary to be conflicted.
05/28/2014
Mark Carney, Governor of the Bank of England, says fundamental flaws in the industry can only be resolved by changing how markets operate
05/28/2014
The latest figures for all sectors of Jersey’s finance industry show resilience, with the funds industry growing in size.