03/03/2014
Bankers' expertise needed to sharpen new bank watchdog's teeth
he European Union's plan to bring euro zone bank supervision under one roof at the ECB aims to restore the region's banks to health after the financial crisis.
Legal, Regulation & Compliance
03/03/2014
Ex-Dewey & LeBoeuf partner wins first round in battle with Barclays over capital loan
The High Court last week rejected Barclays Bank’s application for summary judgment over the liability of a former partner of failed US firm Dewey & LeBoeuf for a capital loan made in his name.
03/03/2014
Linklaters loses second capital markets partner in two months
Linklaters has lost another capital markets partner with the exit of Nigel Pridmore, who quit the firm last month.
03/03/2014
Bankers’ expertise needed to sharpen new bank watchdog’s teeth
ECB needs 770 supervisors for new watchdog by November
03/03/2014
Review of implementation of platform rules
Watch our video for the findings of our review of how firms are preparing for the implementation of the new platform rules.
03/03/2014
Revealed: Clifford Chance investigation into RBS hits obstacles as report delayed
A deadline for the CC report publication had initially been set for 31 January, but has since been extended to "later in the spring", according to an RBS spokesperson.
03/03/2014
Lloyds private banker wins substantial compensation for unfair dismissal
Banker unfairly sacked over claims he was moonlighting for heavyweight champion
03/03/2014
Everyone needs solicitors, whether they like us or not
Why don't people like solicitors? Is it because of the old adage that 'lawyer' sounds like, or is synonymous with, liar?
02/28/2014
Ex-ABN Amro Lawyer Sues for Bias Over Black Sheep Remark
ABN Amro Group NV’s former top lawyer in the U.K. sued the Dutch lender for race discrimination over her treatment by an executive who allegedly said “let’s talk about all things black” and claimed he couldn’t see her in a ph
02/28/2014
A Guide to Third Party Security by Field Fisher Waterhouse
In this guide, we look at how this type of security is different to direct security and the key considerations for lenders to be aware of and take into account when they are being granted third party security.
02/28/2014
Law Commission Report on Pre-nups – What does it all mean? by Withers
The Law Commission for England and Wales today published its report on Matrimonial Property, Needs and Agreements.
02/28/2014
FCA confirms tough new rules for £200bn consumer credit market
The FCA will take a tough approach to consumer credit with stronger powers to clamp down on poor practice than the previous Office of Fair Trading regime.
02/28/2014
MiFID II forces firms to reveal total cost of investments
Long-awaited European Union regulation designed to protect UK investors and requiring investment companies to disclose the total cost of investments has come into force.
02/27/2014
Tunbridge Wells former Barclays banker Peter Johnson faces fraud charge
A former Barclays banker from Tunbridge Wells, accused of trying to manipulate Libor rates, appeared in court today.
02/27/2014
Foreign banks could be banned from City
Bank of England sets out a series of requirements for non-EU banks wishing to do business in the UK
02/27/2014
Gibraltar’s financial services centre rebrands, restructures
The overhaul of the Gibraltar government’s financial services framework has been taking place without much fanfare or notice, apart from occasional, seemingly unrelated announcements that have received little coverage outside Gibraltar and southern
02/27/2014
FCA Bans Former CIB Partners CEO
"lacked integrity" by giving the impression that SLS Capital bonds were soundly backed assets when he had concerns about their viability.
02/27/2014
FSCS delays £30m interim levy for investment advisers
The Financial Services Compensation Scheme has announced it will no longer raise a £30m interim levy on investment intermediaries before the end of this financial year.
02/27/2014
Solicitor jailed for six years for 'spectacular' mortgage fraud
The offences took place between 1997 and 2001.
02/27/2014
Libor Fixing Scandal: FCA Issues Warning Notice to Third Banker
The Financial Conduct Authority has issued its third Warning Notice Statement in under a month to another banker who it believes conspired to rig one of the world's most important interbank lending rates