02/18/2014
Leading Private Equity Partner Joins Latham & Watkins In London
New partner further enhances private equity credentials.
Legal, Regulation & Compliance
02/17/2014
Benjamin Wilson Gets 7 Years Imprisonment For Fraud, Forgery and Deception
Benjamin Wilson of Southern England, has been found guilty by the UK’s financial regulator, the Financial Conduct Authority for conducting fraud.
02/17/2014
Dundas and CMS negotiate panel spots with banking clients ahead of merger
CMS and Dundas & Wilson are understood to be in talks with their shared clients over which partners will stay on their rosters after the two firms merge on 1 May 2014.
02/17/2014
“Risk and Capital Management – Information according to Pillar 3” - Handelsbanken
Handelsbanken’s publication Risk and Capital Management – Information according to Pillar 3 for 2013, is available on the Bank’s website
02/17/2014
Dickson Minto grows banking practice with son of star partner Barron
“For some time we have been looking to strengthen our banking department in London,” said Dickson Minto co-founder Alastair Dickson. “
02/17/2014
UK fraud agency charges three ex-Barclays bankers over Libor
Britain's fraud agency started criminal proceedings against three former bankers at Britain's Barclays Plc on Monday for the alleged manipulation of Libor interest rates.
02/17/2014
FCA wins case against Capital Alternatives
The High Court has ruled that two investment schemes, promoted by Capital Alternatives and a number of other firms, were collective investment schemes.
02/17/2014
Former Barclays Employees Charged by U.K. Over Libor Rigging
The charges are the first related to manipulation of U.S. dollar Libor, the agency said, while previous cases were linked to interest-rate benchmarks tied to the Japanese yen.
02/14/2014
Banks in London Devise Way Around Europe’s Bonus Rules
Responding to the law, they are structuring new pay packages that try to satisfy both their emboldened regulators and their very expensive employees.
02/14/2014
The Charity Commission publishes revised public benefit guidance - Withers
The new guidance reflects the law as set out by the Upper Tribunal in the Independent Schools Counsel case and is significantly shorter then previous guidance, meaning trustees should find it accessible.
02/14/2014
Jersey Finance comments on the OECD new single global standard on automatic exchange of information
“These reforms are a platform for mobilising money transparently and allowing greater global investment, which we strongly welcome”.
02/13/2014
EU court says Hungary can assess fairness of fx loan terms
It is waiting for legal issues to be ironed out before moving ahead.
02/13/2014
Courts order Barclays to disclose documents to McKillen
Limited disclosure comes in advance of challenge aimed at preventing sale to Barclays of McKillen loans with IBRC
02/13/2014
New European regs hitting business functionality - survey
An Infiniti Research survey sponsored by TradeTech Consulting Scandinavia AB, a Virtusa, Swedish subsidiary; reveals that the numerous regulations currently being enforced in Europe's financial markets have considerable impact on business functionali
02/13/2014
FCA hits HomeServe with largest ever retail fine
HomeServe is an insurance intermediary, which sells home emergency and repairs insurance cover. Following a rapid expansion in the growth of its business, HomeServe developed a profit driven culture where profit targets were met by taking advantage of ex
02/13/2014
Adviser hits out at Standard Life in client ownership row
An advice firm has hit out at Standard Life after the provider revealed clients had moved from a rival firm amid a dispute over client ownership.
02/12/2014
Cleary partner joins HSBC as litigation and regulatory co-head
HSBC has appointed two new general counsel to oversee its litigation and regulatory enforcement departments
02/12/2014
Global law firm strengthens global restructuring practice
He will be a perfect fit with our client base and international reach
02/12/2014
Bank Federation Head Says EU Regulatory Goals Ignore Reality
Christian Clausen, the president of the European Banking Federation, criticized regulators for pursuing a model he said ignored the reality of national needs.
02/12/2014
Eversheds, Byrne and Partners swoop as Pannone, S&G tie-up looms
Pannone regulatory head Anthony Barnfather will join Slater & Gordon when the firms combine despite initially resisting the move.