01/24/2014
Luxembourg's Kleyr Grasso picks up Linklaters partner
Kleyr Grasso managing partner Marc Kleyr said the hire was in line with the firm’s plans to develop its corporate finance practice.
Legal, Regulation & Compliance
01/23/2014
Ex-Moore Capital trader to face UK insider dealing charges
The regulator, long criticised for being too soft on market abuse, has pushed financial crime to the top of its agenda amid public outrage at a string of bank scandals, ranging from mis-selling to benchmark fixing, five years after taxpayers were forced t
01/23/2014
Vatican Bank Implementing Strict Anti-Money-Laundering Reforms
The Institute for the Works of Religion, or IOR, as it is officially called, has been prone to scandals for decades and now sees restoring public trust as paramount.
01/23/2014
Standard Bank Fined 7.6 Million Pounds by U.K. Markets Regulator
Standard Bank and its senior management have co-operated with the FCA investigation and have taken significant steps at significant cost towards remediating the issues identified, including seeking advice and assistance from external consultants.
01/23/2014
FSCS proposes increase in levy for intermediaries
It could also rise by another £30m before the end of the current financial year to cover any additional deficit
01/22/2014
Over 80% Of Fund Managers Have Yet To Seek AIFMD Authorization - RESEARCH
The latest BNY Mellon survey – conducted in conjunction with global business consulting firm FTI Consulting
01/22/2014
Vatican monsignor arrested for money laundering
A Vatican monsignor already on trial for allegedly plotting to smuggle 20 million euros
01/22/2014
Barclays VP returns to Tods Murrays as head of real estate
He is a specialist in leveraged transactions, real estate finance and syndicated lending and maintains a practice in securitisation and other innovative financing techniques.
01/21/2014
44% of advisers want platforms to bulk switch to clean share classes - RESEARCH
Nearly 50% of the UK's adviser community wants platforms to carry out bulk switches to clean share classes for their clients, research from FundsNetwork has discovered.
01/21/2014
FCA names new Libor administrator
IBA’s new surveillance methodology has been designed to adjust to changing market conditions and it will employ sophisticated analytical tools to operate the benchmark price setting process with transparency.
01/21/2014
German minister asks bankers to help with regulation
German Finance Minister Wolfgang Schaeuble on Monday urged financiers to use their knowledge to improve international rules aimed at preventing future financial crises.
01/21/2014
Intesa supervisory board head, ex-CEO probed over derivatives
Intesa, Italy's biggest retail bank, denied in a statement any allegations of wrongdoing and said it was fully cooperating with judicial authorities.
01/21/2014
London court agrees to extradite bankers to Lithuania
A Russian banker and his Lithuanian business partner can be extradited from Britain to Lithuania in connection with the collapse of the Baltic country's fifth-largest bank
01/20/2014
Global law firm leads global M&A legal advisor league tables for fourth consecutive year
In addition the firm retained its number one ranking in the United Kingdom and its fourth position ranking in the Americas, while the firm rose up the ranks to first place in Europe, up from second in 2012.
01/20/2014
Barings loses first global general counsel to HSBC
Investment firm Barings Asset Management has lost its first global general counsel Sandie Okoro to HSBC Asset Management.
01/20/2014
DWF shortlisted for 'Large Law Firm of the Year' at the Manchester Legal Awards
DWF has been shortlisted for 'Large Law Firm of the Year' in the Manchester Legal Awards 2014 following a phenomenal growth period during which the firm has significantly outperformed the market delivering strong financial results
01/20/2014
Five priorities for the Vienna Initiative were agreed- EBRD
The Steering Committee of the Vienna 2 Initiative met on January 13, 2014 in Vienna to discuss the Initiative’s priorities for 2014.
01/20/2014
Mayfair law firm expands Private Client Department
She brings a wealth of experience to the Mayfair law firm, which is historically known for its private client and family work, and will be advising clients on inheritance tax planning and drafting wills as well as the administration of estates, and trusts
01/20/2014
Baker & McKenzie doubles down on cost-slashing overseas back office
Baker & McKenzie LLP is planning to build another back office to handle document processing and more complex support services,
01/20/2014
Financial Services Compensation Scheme – management expenses levy limit
You should read this CP if you are an authorised firm.