Financial Services UK Archive » November, 2024

Financial Services UK - November, 2024

201 articles

• US Firm Gathers Support For £351M Bid For Loungers
• Greensill Rejects Gov't's 'Immaterial' Defense To Leaked Probe
• Lombard Odier Indicted In Switzerland For Money Laundering
• UK Pension Funds Back Gov't Mansion House Reforms
• UK Litigation Roundup: Here's What You Missed In London
• Audit Watchdog Urges EU To Curb Harmful Tax Practices
• Apollo Accused Of Confidential Info Misuse In Wagamama Bid
• Fund Vehicle Sells $173M Shares In UK Investment Platform
• Barclays Fights 'Shareholder Rule' In Privilege Dispute
• Vacation Co. Denies Avoiding Wyndham Hotels' TM Royalties
• TPR To Become 'Prudential' Regulator After Gov't Reforms
• Police Detain 32 People In Raids On €297M VAT Fraud Network
• Former Finance Execs Must Pay £45M For Takeover Violations
• Ex-HMRC Compliance Officer Helped Husband Launder £3M
• AXA Loses Time Limits Appeal In HMRC Foreign Tax Claim
• Asset Manager Liontrust Launches £5M Share Buyback
• Coventry's £780M Co-op Bank Deal Wins Regulatory Approval
• FCA Reworks Plans To Name Firms Under Investigation
• What Partners Should Know About Net Asset Value Loans
• BlueCrest Disputes 'Disguised Salary' Claim In HMRC Case
• Worker Told She Had Baby At 'Wrong Time' Wins £29K
• FCA Strengthens Whistleblowing Policy After Staff Complaints
• FCA Fines Former Wizz Air Exec Over Share Trades
• Aviva, NatWest Pen 5-Year Deal For Protection Insurance
• UK Investors Denied Appeal In Barclays Dark Pool Claim
• BNP Paribas Banker Can't Boost £2M Discrimination Payout
• What The Future Of AI In Financial Services Looks Like
• Banco BPM Rejects UniCredit's €10B Takeover Offer
• HSBC Loses Challenge To €32M Euribor Rigging Fine
• Simpson Thacher Hires Funds Trio To New Luxembourg Office
• 'Incompetent' FCA Needs Gov't-Led Radical Reform, MPs Say
• Brokerage Service Denies Helping $129M Forex Fraud
• UK Regulators Propose Relaxing Rules On Bankers' Pay
• Accredited Insurance Denies £61.4M Liability In Loan Dispute
• OFSI Boss Promises Tougher Fines For Sanctions Breaches
• FCA Survey Results Reveal Rise In Nonfinancial Misconduct
• UK Audit Watchdog Wants Better Risk Management Reporting
• Macquarie Bank Fined £13M For 'Serious' Control Failings
• FCA Plans Regulation As UK Crypto-Asset Ownership Grows
• Bugsby Denied Arbitration In Olympia Case Funding Battle
• Eversheds Steers M&G In UK's 1st 'Value Share' Pension Deal
• Immovable Rule Shields Bedzhamov From Russian Bankruptcy
• 'Knight' Can't Lift Freeze On Woodland Mansion, Supercar
• Odey Can't View Medical Records Of Sexual Assault Accusers
• MPs Raise 'Deep-Rooted' Problems At FCA In Critical Report
• Italy's UniCredit Makes €10B Offer For Rival Banco BPM
• DLA, Mayer Brown Steer £1.7B Pension Deal For National Grid
• FCA Rewrites Disclosure Rules, Handing Suspects The Reins
• Barclays Fined £40M For Failing To Disclose Qatari Deals
• Simpson Thacher Hires Finance Pro From Linklaters
• Teacher Stern Cleared Of Rules Breach Over Client Payments
• Fraud Victim Can't Revive Duty Claim Against NatWest
• Paragon Auditor Denied Interim Pay In Whistleblowing Claim
• Imprisoned Oligarch Asks UK Court To Hear Conspiracy Claim
• Spain Raises Bank Windfall Levy, Enacts Minimum Tax
• MPs To Probe UK Pensioner Poverty Amid Rising Costs
• Putin Ally's Brother Charged With Paying Nephew's School Fees
• UK Litigation Roundup: Here's What You Missed In London
• EU Finance Body Says Climate Disclosure Rules Too Detailed
• HCR Legal Leads Tavistock In Up-To-£18M Asset Manager Buy
• Addleshaw Goddard Hires Payments Pro From Hogan Lovells
• When Investigating An Adversary, Be Wary Of Forged Records
• Dashboard Project Updates Pension Scheme Reporting Rules
• UAE Bank Loses Suit Accusing Family Of Evading £19M Debt
• DLA Piper Hires German Real Estate Pro From Clifford Chance
• EU Watchdogs Set Rules On Sharing Staff Fitness Reports
• FCA Weighing Wider Impact Of Motor Finance Ruling
• UK Sanctions Angola's Dos Santos, Others For Looting Nations
• Freshfields Helps PE Firm Cinven Invest In Grant Thornton UK
• White & Case, Goodwin Tap A&O Shearman For Pros
• Teacher Stern Breached Regs With Payments, SRA Alleges
• Deutsche Bank, Dexia Win Swap Rate Dispute With Brescia
• Marsh Says Greensill Bank Can't Add It To Australian Dispute
• All Eyes On The SFO After LC&F Ponzi Scheme Ruling
• European Council Greenlights ESG Rating Regime
• Aviva Unveils Islamic-Compliant Workplace Pensions Strategy
• Top UK Court Rejects Bedzhamov Russian Bankruptcy Order
• Cuban Bank Can't Block Fund's €72M Debt Claim
• Russian Pipeline Giant Fights Oligarch's Conspiracy Claim
• Simmons & Simmons Hires Ex-A&O Shearman Banking Pro
• FCA Charges 4 Men With Fraud Over Collapse Of Credit Union
• BNP Paribas Not Liable For Halted Skyscraper Asbestos Work
• BoE To Set Basic Rules For Market Infrastructures
• Trader Can't Get Sentence Cut For £1.2M Boiler Room Fraud
• Redress Scheme Reports 18% Jump In Decisions On Claims
• Fund Managers Call For Automated Process To Boost Listings
• FCA Updates Insider-Trading Detection Measure
• Swiss Life Completes $100M Deal For Green Hydrogen Biz
• EU Members Face Choice Over Trump Tax Stance, Group Says
• Panama Foundations Fight Jurisdiction In $3.7B Asset Row
• FCA Bans Director Following Wounding Conviction
• HMRC's £167M Charges To Reuters Group Deemed Lawful
• Japanese Trader Says Ex-Manager Fired For Policy Breach
• Aldermore Analyst Loses Bid For Pay Over Alleged IP Breach
• Over 5,000 Woodford Investors Sue Hargreaves Lansdown
• Retailers Passed On Swipe Fees To Shoppers, Visa Says
• Barclays To Pay £50K After Boss Called Female Staff 'Birds'
• Pension Trustees Could Be Swayed By Insurance Stress Tests
• What UK Security Act Report Indicates For Future Gov't Policy
• FCA Finds Failings In How Firms Identify Insider Info
• US Pushes For UK Trader's Extradition In Insider Dealing Case
• Engineering Biz Blames Nigerian Bank In $111M Loan Dispute
• Ireland Forecast To Gain Budget Surplus From Apple Case
• Gov't Moves To Bring ESG Ratings Under FCA Regulation
• FCA To Upgrade Redress System To Help Boost Investment
• UK Litigation Roundup: Here's What You Missed In London
• TPR's New Pension Funding Code Will Bring Clarity For Sector
• BoE Floats New Rules For Insurance Special Purpose Vehicles
• UK Vows To Fund Tax-Fraud Fight As HMRC Probes Slump
• Aegon Unveils €150M Share Buyback, Rewards Shareholders
• GCs Brace For Rising Costs From Clean Energy Disputes
• Ex-Gibson Dunn Disputes Pro To Move Into In-House Role
• UK Unveils Plan To Roll Back Post-Financial Crisis Safeguards
• Ex-BDO Auditor Gets 20-Year Ban For 'Serious' Misconduct
• Developer Loses Bid To Duck £780K Investor Loan Repayment
• Examining UK And EU Approaches To Sanctions Enforcement
• Standard Setter Warns Watchdogs To Address AI Risk Better
• Proposed Pension Megafunds Create New Risks For Savers
• LC&F Systematically Misled Investors In £237M Ponzi Scheme
• PrivatBank Says Ukraine Ruling Doesn't Bar Looting Suit
• Gov't Sets Out Major £80B Pension Investment Reforms
• Pension Dashboards A '£2B Time Bomb,' Master Trust Warns
• UK Fights To Keep Sanctions On Banking Oligarch's Wife
• Greenberg Traurig Hires Capital Markets Pro From Latham
• UK Tax Hikes Will Drive Inflation, Industry Group Head Says
• Dispute Over Time Limits Includes Cargo Misdelivery Claims
• £100K Gender Pensions Gap Will Take 20 Years To Close
• FCA Warns Ratings Agencies To Address Conflicts Of Interest
• Watchdog Mulls Extension For Motor Financing Complaints
• FCA Admits Mishandling Of 'Name And Shame' Roll-Out
• Indian Bank Seeks $83M Loan Repayment From Shipping Co.
• VistaJet Owner Loses Appeal To Block Tech Venture Claim
• Squire Patton Boggs Hires Tax Expert In Irish Expansion
• Digital Money Issuer Hits Dutch Co. For €4.7M Liability
• BoE, Regulators Set Out Regime For Critical Third Parties
• FCA Strengthens Disclosure Process In Enforcement Cases
• Metro Bank Fined £16M For Failed Money Laundering Controls
• Greenberg Traurig Adds McDermott Pro For Munich Launch
• Barings Lawyers Cleared Of Misleading Clients In SRA Case
• Davis Polk Hires Sidley Restructuring Heads In London
• Bird & Bird Hires Ex-Clifford Chance Procurement Chief
• Investment Bank Claims Dubai Biz Owes $6.7M In Unpaid Fees
• Ex-BGC Broker Accused Of Hiding Assets In £23M Fraud Case
• Zurich Sued For £584K Over Law Firm's Settlement Terms
• Freshfields Steers Gov't Sale Of £1B NatWest Shares
• FCA Fines Director Of Insurer For Misusing Money
• Audit Watchdog Floats Updates To Investor Stewardship Code
• Clifford Chance Leads £207M Swiss Bourse Bid For UK's Aquis
• Oligarch's Estate Resists Fraud Claim In $3B Inheritance Fight
• Dare CEO Said Traders Faking Illness Left Firm 'In Disarray'
• Correction: Shard Credit Fund Sues Ex-Owners Over Valuation
• UK Litigation Roundup: Here's What You Missed In London
• Auditor Blames Lendy's Misstatements For Investor Losses
• FCA Confirms Rules For Commercial Pension Dashboards
• EU Sets Out Climate-Friendly Finance Targets For COP29
• Shipowner Wins OK To Sell Oil Stranded At Sea By Sanctions
• Lawyers Deny Giving Bad Advice On £635K Crypto-Fraud
• ECJ Says VAT Applies To Land Prepared For Building
• Binance Cites AML Breaches In €144M Solaris Debit Card Row
• 5 Lessons For Lawyers From The UK Gov't Anti-Fraud Advice
• Rainforest Investment Bosses Appeal £37M Fraud Convictions
• EU Tax Nominee Says Bloc Could Go It Alone On Digital Tax
• Kingsley Napley Launches Regulatory Consultancy
• Eurojust Busts Fake Investment Platforms For Stealing €10M
• CMA Raises Concerns Over Amex GBT's $570M Buy Of Rival
• FCA Warns Firms On Inaccurate Transaction Reporting
• 2 Men Convicted Of £1.5M Crypto-Investment Fraud
• EU Court Won't Toss Commission's Tax Clawback In Portugal
• Hedge Fund Lawyer Defends Signing Off On £1.4B Fraud Docs
• Rachel Reeves Calls Budget A 'Once In A Parliament' Reset   
• Credit Suisse, Crédit Agricole Lose EU Cartel Fine Challenge
• Gov't Advice Kick-Starts Race To Comply With UK Fraud Law
• Commerzbank Applies To ECB For €400M Buyback Approval
• EU Investors Body Targets Murky Pension Costs
• Energy Co. Says Traders Faked Illness To Take 'Gap Year'
• DWF Hires 2 Barristers For In-House Chambers
• Forbes Loses TM For Some Financial Services In Europe
• ICO Seeks To Appeal Dixons Carphone Data Breach Ruling
• Greensill Bank Says Marsh Can't Dodge Australian Litigation
• FCA Sets Out Final Rules To Simplify Bond Trade Reporting
• European Union Overhauls Insurance Capital Regime
• Pensions Giant Joins £54M Gov't Housebuilding Partnership
• FCA Charges Businesses Over Unauthorized Operations
• UK Stock Pumper Admits To $100M Market Manipulation Rap
• Shipowner Loses Appeal To Cut Claim Over Damaged Cargo
• Barings Solicitors Sent Claims For Mickey Mouse, SRA Says
• Hedge Fund Lawyer Denies Role In £1.4B Cum-Ex Fraud
• FCA Warns SIPP CEOs On Handling Pensions Money
• Skadden Taps Latham For New IP Head As Losses Continue
• Tende Energy And Finance Biz Settle $5M Loan Dispute
• Factors Driving EU Competition Policy For The Next 5 Years
• Investors Solely Liable For £5.4M Investment, Say Law Firms
• UK Litigation Roundup: Here's What You Missed In London
• Portfolio Manager Loses Sex Discrimination Claims
• Barclays Ruling A Blow For Passive Investors Suing In UK
• Gov't Criticized For No Women's Pensions Redress In Budget
• Craig Wright Faces Contempt Case Over £911M Bitcoin Claim
• FCA Warns Odey He 'Lacks Integrity' Over Misconduct Probe
• Barclays Completes £600M Purchase Of Tesco Bank
• Gowling Taps Ashurst For 4 Real Estate Lawyers In Germany
• Law Firms Improving At Managing AML Risk, SRA Says