Search Results for: UK law
Former BlackRock fund manager charged with insider dealing in UK
September 29th, 2016
Mark Lyttleton, a former fund manager at the UK division of asset manager BlackRock Inc , has been charged with insider dealing by Britain’s markets regulator. The Financial Conduct Authority (FCA) said on Thursday it had charged 45-year-old Lyttleton ...
Japan banks target fintech start-ups after law change
September 26th, 2016
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...
SRA warns law firms about investment schemes
September 23rd, 2016
The Solicitors Regulation Authority (SRA) has issued a warning notice has been published telling solicitors about the risks of involvement in such schemes after a number of reports were received of law firms being linked to potentially fraudulent incidents where ...
Lawyers must rebuild trust – Christine Lagarde
September 22nd, 2016
Lawyers have a key role to play in rebuilding public trust in institutions, the head of one of the globe’s most important bodies told thousands of lawyers gathered for the IBA’s annual conference. Christine Lagarde, managing director of the ...
More than 1,000 new legal firms will be created this year in UK
September 13th, 2016
More than 1,000 new solicitor firms will be created in 2016, official statistics suggest, a 30% increase on the last two years. From 1 January to 31 July, 612 new business entities were authorised by the Solicitors Regulation Authority. ...
Cheers! Lawyers net £200m from SABMiller deal
September 1st, 2016
Law firms will bank almost £200m from advising on the third-largest corporate takeover ever – brewer SABMiller’s £79bn acquisition by Budweiser owner Anheuser-Busch InBev. In total, the two companies will pay an astonishing $2bn in fees and taxes to ...
Multinational Law Firm predicts A$1 Billion Loss; largest financial loss ever recorded in legal sector
August 29th, 2016
Slater and Gordon Limited (“Slater and Gordon”) (ASX: SGH) today provides an update on key earnings and balance sheet expectations for the financial year ended 30 June 2016. Total Revenue (and other income) is expected to be $908.2m. H2 ...
International law firm announced association in Saudi Arabia
August 24th, 2016
Leading international law firm Clifford Chance today announced that it has entered into an association with the newly established Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in Saudi Arabia. The association will commence operations later this year. It will replace ...
Nukkleus which obtained a shareholder stake in IBIH Limited the parent company of IronFX Global Group files Q2 financial report
August 22nd, 2016
Nukkleus Inc. has filled its Quarterly Report with the U.S. Securities and Exchange Commission (SEC) in the Form of FORM 10-Q/A, providing, among other, insights of the acquisition of a 9.9% shareholder stake in IBIH, as well as the acquisition ...
Public Interest Lawyers to close down
August 16th, 2016
Theresa May said to be pleased at closure of Public Interest Lawyers, which submitted allegations of unlawful killing The government has said it is planning a clampdown on legal firms pursuing what it calls “spurious claims” against military personnel ...