A Carter-Ruck partner was professionally "bound" to threaten a whistleblower with legal action on behalf of Ruja Ignatova because she did not know that the "Crypto Queen" was actually running a multibillion-dollar scam, the solicitor's counsel told a disciplinary tribunal on Thursday.
A Carter-Ruck partner was professionally "bound" to threaten a whistleblower with legal action on behalf of Ruja Ignatova because she did not know that the "Crypto Queen" was actually running a multibillion-dollar scam, the solicitor's counsel told a disciplinary tribunal on Thursday.
Two subsidiaries of Italian technology and engineering company Maire SpA risk a $1 billion fine from a court in Russia unless they drop arbitration proceedings in London against a EuroChem Group AG subsidiary owned by a sanctioned Russian oligarch, the EuroChem subsidiary said.
The Financial Conduct Authority demonstrated its support for the government's growth strategy on Thursday, rolling out a reduced program of regulatory change over the next two years, with initiatives that could lighten the burden on finance companies.
Germany's highest civil court largely sided with Wirecard's insolvency administrator on Thursday, finding that the former auditors of the payments company, Ernst & Young, must disclose audit files from the four financial years running up to its collapse.
An adviser won't be able to pursue claims that fund services giant IQ-EQ fired him to avoid paying out some €10 million ($12 million) in a share sale, after an employment tribunal held that his unfair dismissal complaint was filed too late.
The Bank of England has set out plans to support U.K. growth by further simplifying regulatory reporting for banks and seeking to reduce overlap between its rules and the requirements of legislation.
Insurance broker WTW has agreed to acquire pensions provider Cushon from NatWest Group to expand its operations in the rapidly growing defined contribution retirement savings market.
A U.K. steel supplier has completed a £4 million ($5.3 million) full-scheme buy-in of its retirement plan with Aviva PLC, pensions company First Actuarial has said.
The past year has seen an increasing amount of regulation in the crypto-asset space, with a range of novel and complex taxation challenges for regulators, and taxpayers can expect a marked increase in HM Revenue & Customs' compliance activity in the year ahead, says Liam McKay at RPC.
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