05/16/2013
Withers and Speechly settle on proposed name ahead of merger votes
It is currently unclear whether the firms will fully financially integrate
Legal, Regulation & Compliance
05/15/2013
Head of SocGen’s Russia arm detained on suspicion of taking bribes
Black-clad police with automatic rifles stormed the Moscow offices of Rosbank, French bank Société Générale’s daughter company in Russia, and detained the bank’s chief executive on Wednesday on suspicion of receivin
05/15/2013
HMRC cleared of letting Goldman off £20m in 'sweetheart' deal
The UK taxman has been cleared of letting Goldman Sachs off £20m in a "sweetheart" deal but was told it was wrong to factor in potential embarrassment to Chancellor George Osborne in its decision making.
05/15/2013
PIMS: HMRC U-turned over rebate tax decision
They had a different opinion and that has changed in six months
05/15/2013
Ashcourt Rowan in court battle with ex-adviser over role at rival
Took the case to the High Court to enforce an anti-competition clause
05/14/2013
'We can't push a mountain': FCA issues rallying call to advisers
Being a reactive regulator no longer works
05/14/2013
RP Martin Said to Suspend Two Executives Amid Libor Probe
wo people with knowledge of the matter
05/13/2013
Ex-BlackRock Star Held In City Trading Probe
A former star fund manager at BlackRock was arrested last month as part of an insider trading probe, Sky News learns.
05/13/2013
Wealth manager issued final notice by FCA
The Financial Conduct Authority (FCA) has issued a final notice to a discretionary and wealth manager based in Warwickshire.
05/12/2013
TV presenters, bankers and government advisers among 1,000 Britons linked to tax havens
It also includes Goldman Sachs and Coutts, The Queen's bank
05/12/2013
EU Council Update on MiFID II
The Presidency has proposed a compromise solution
05/12/2013
Henderson in-house team shrinks amid shift to using law firms more
Henderson Global Investors’ UK in-house legal team has shrunk by nearly 30 per cent in the past year following a shift to farming out more of its lower-level work to law firms.
05/12/2013
Dundas targets London merger after run of City exits
Dundas & Wilson is pushing to secure a London merger following a string of exits in the City and failed talks with Bircham Dyson Bell in 2011.
05/09/2013
DWF bulks up real estate with Eversheds team
DWF has recruited 13 lawyers
05/08/2013
KPMG faces double inquiry by reporting watchdog
whether it had committed an ethical breach “in relation to the non-timely disposal of a shareholding
05/07/2013
FCA delays Ucis paper ‘to get it right’
We are working towards publishing our final policy statement as soon as possible
05/07/2013
Italy court upholds Berlusconi tax fraud conviction
An appeals court in Italy has upheld the conviction for tax fraud of former Prime Minister Silvio Berlusconi.
05/06/2013
APRA Update: Clarity welcome on liquidity, but uncertainty remains in key areas - KPMG
APRA’s update on revised liquidity requirements offers greater clarity in respect to the liquidity levels banks and other ADIs will be expected to hold, however a number of important issues remain unresolved.
05/06/2013
ABN’s EU Court Challenge on Acquisition Ban to Be Heard June 4
The Netherlands took full control of ABN Amro Holding NV assets when their owner Fortis ran out of short-term funding in 2008.
05/06/2013
Citigroup sues Barclays over losses tied to Lehman
Citigroup Inc (C.N) has sued Barclays Plc (BARC.L) to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings Inc soon after Lehman's bankruptcy.