Search Results for: UK law
Rising number of carve-out deals providing legal opportunities
February 16th, 2017
Carve-outs are becoming more prominent as a way for corporates to unlock value from their non-core enterprises, currently accounting for 10 per cent of all M&A activity globally. Carve-outs are becoming more prominent as a way for corporates to ...
EU mulls reduction in threshold for country-by-country reporting
February 16th, 2017
EU plans for country-by-country reporting could target a much broader base of multinationals if proposals from the European parliament’s Committee on Economic and Monetary Affairs to slash the current threshold are adopted The proposals to amend the Directive would ...
HKEX appoints Group General Counsel
February 13th, 2017
Hong Kong Exchanges and Clearing Limited (HKEX) has appointed Ferheen Mahomed to serve as its Group General Counsel from today (Monday). Ms Mahomed will head HKEX’s Legal Services Department and oversee the Group’s legal function, including the teams at ...
Fresh legal challenge over Brexit goes to the High Court
February 3rd, 2017
It is being brought by a group of campaigners who want a “soft Brexit” and to keep Britain in the European single market. They include Peter Wilding, chairman of the pro-Europe pressure group British Influence, who is credited with ...
FCA fines Deutsche Bank £163 million for serious anti-money laundering controls failings
January 31st, 2017
Soon after the New York’s Department of Financial Services fined Deutsche Bank $425 million for Russian Mirror-Trading scheme, the U.K. regulators FCA announced a fined of £163,076,224 to Deutsche Bank AG for failing to maintain an adequate anti-money laundering ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
Mastercard issued a statement regarding a judgment
January 30th, 2017
Mastercard has issued a statement regarding a favourable judgment of Popplewell J. of the UK Commercial Court regarding UK retailer action on Interchange Fees. Mastercard is grateful that the Court has found in its favour with respect to the ...
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
Tesco faces fresh legal challenge over accounting scandal
January 25th, 2017
Supermarket chain Tesco is facing a fresh lawsuit for damages from investors over its 2014 accounting irregularities scandal. The legal action is being pursued by Manning & Napier, with the Financial Times newspaper reporting that the US investment house ...
Society report: solicitors ready for ‘automation revolution’
January 25th, 2017
Solicitors agree that legal business is brimming with innovators – but most are content for others to go first before deploying new technology. Yet as the ‘pyramid law firm of the past’ recedes into history, practitioners who fail to ...
