A group of investors asked the Court of Appeal on Thursday to revive their claims against Binance on the basis that its delisting of a cryptocurrency caused them damage, saying a lower tribunal was wrong to toss out its "loss of chance" argument.
A group of investors asked the Court of Appeal on Thursday to revive their claims against Binance on the basis that its delisting of a cryptocurrency caused them damage, saying a lower tribunal was wrong to toss out its "loss of chance" argument.
The audit watchdog said Thursday it has banned the former chief financial officer of a bankrupt English local authority from the accounting profession for five years for overseeing a risky investment strategy worth £1 billion ($1.3 billion).
The Financial Conduct Authority said Thursday that many small asset managers have ineffective arrangements to manage conflicts of interest and inadequate processes to offer high-risk investments.
The U.K. government body responsible for implementing and enforcing financial sanctions said Thursday that it has fined a British shipping company for ignoring a request to provide information relating to a "large and complex investigation" involving Russia's largest shipping company.
Police charged an art dealer who featured in a hit BBC show under laws against financing terrorism on Thursday, making him the first person ever to face charges in the U.K. for allegedly failing to make obligatory regulatory disclosures.
A U.K. appellate court has not only upheld a finding that drug company Advanz excessively inflated the price of its thyroid tablets for the National Health Service but also reimposed fines against the company's former owner that a lower tribunal had cut by almost a third.
Aon's former insurance consulting chief has sued for more than $1.3 million worth of bonus and stock options, accusing the company of failing to live up to the original deal he negotiated when he joined from Willis Towers Watson.
The U.S. and U.K. governments have agreed to reduce tariffs and avoid counter-tariffs in a limited trade deal announced Thursday by President Donald Trump and Prime Minister Keir Starmer.
Dublin-based lender AIB Group PLC said Thursday it has agreed to repurchase €1.2 billion ($1.35 billion) worth of its shares from the Irish state as it moves to further reduce the government's stake from its crisis-era financial bailout.
The Financial Conduct Authority said Thursday that it has appointed a single executive to the positions of permanent executive director for payments and digital finance and managing director of the Payment Systems Regulator, months after the government disclosed plans to merge the two authorities.
The Financial Conduct Authority’s recently updated proposals for the Private Intermittent Securities and Capital Exchange System would result in less onerous disclosure obligations for businesses, reflecting ongoing efforts to balance an attractive trading venue for private companies while maintaining sufficient investor protections, say lawyers at Debevoise.
