Financial Services UK Archive » May, 2024

Financial Services UK - May, 2024

198 articles

• UK Litigation Roundup: Here's What You Missed In London
• UK Insurers Sign Cooperation Deal With Gibraltar
• Investor Sues Wealth Managers, Lawyers For Negligence
• Law Firm Denies Promoting Misleading Investment Scheme
• UBS Formally Completes Merger Of Credit Suisse
• Quillon Law Strengthens Litigation Team With Commercial Pro
• EU Watchdog Warns Retail Investment Firms Of AI Pitfalls
• Freshfields Guides Gov't Sale Of £1.2B In NatWest Shares
• Anti-Fraud Agency Sued For £144K Over Unjustified Suspicion
• BBVA To Tap Shareholders To Fund €12B Hostile Takeover
• Nationwide's Planned £2.9B Virgin Money Deal Gets UK Probe
• Autonomy VP Declines To Take Stand As Fraud Trial Nears End
• Russia Looks To Pause Ukrainian Bank's $1.1B Award Suit
• Bulgarian Fraudsters Get 25 Years For Major Benefits Scam
• Ex-BigLaw Atty Fights 10-Year Sentence In OneCoin Case
• Manager Claims Wealth Fund Has Shorted His Fees For Years
• Co-Founder Says French Incubator Wants To 'Destroy' Him
• Big Tech Must Help Reimburse Fraud Victims, City Group Says
• Freeze On UK Tax Thresholds Set To Expire in 2028, Hunt Says
• Divorcee Of Putin Ex-Son-In-Law Sues Investment Co. For £1M
• EU Adopts Rules To Make Banks Withstand Economic Shock
• EU Adopts New AML Measures, Sets Up Supervisory Agency
• Odey Sues FT For Libel After Sexual Misconduct Allegations
• Autonomy Founder Pushed Sales Team Hard, Jury Hears
• EU Unveils Office To Police New Artificial Intelligence Law
• Goldman Sachs Raises Over $20B For Direct Lending Strategy
• Italian Airline's Chair Hits Back At €50M 'Revenge' Claim
• HSF Guides £204M Pension Deal For Telcoms Biz Arqiva
• Clifford Chance Guides L&G's £20M Nortel Pension Buyout
• FCA Warns Firms To Prepare Better For Disrupted Operations
• Three EU Countries Urge Tax Reform To Boost Investment
• Pensions Provider Sells Biz Before Entering Administration
• Examining Senior Managers' Accountability For AI Use
• Autonomy Founder Says HP 'Panicked,' Tried To Unwind Deal
• RBS, Lloyds Bank, Others Ink $1.9M Libor Settlement
• Property Firm Fined £12K For Anti-Money Laundering Failures
• Labour Party Rules Out Any Additional Tax Rises
• Aviva Completes £130M Pension Deal With Telereal
• FCA Brokerage Changes Offer Asset Managers Wider Options
• What Cos. Should Know About The EU Greenwashing Rules
• EU Investment Firms Told To Upgrade Marketing Reports
• Pension Deals Market Working For Small Providers, Aon Says
• Israeli Aquaculture Firm Sued Over $21M Unpaid Settlement
• NatWest Unaware Of Former Trader's Asperger's Diagnosis
• White & Case Guides ABN Amro On €672M German Bank Buy
• The UK Laws That Will Pass Or Fail As Election Looms
• Labour Gov't Could Force Big Tech Into Fraud Repayments
• UK Litigation Roundup: Here's What You Missed In London
• Banking 'Selfie' Fraudster Gets 3 Years In Prison
• FCA Bans Two Advisers Accused Of Misleading Clients
• Woman Imprisoned For Laundering From $5B Bitcoin Fraud
• Sanctions Ruling Opens Door For Enforcer To Clear Up Rules
• Addleshaw Guides Coventry's £780M Co-op Bank Deal
• NY Top Court Revives FanDuel Investors Suit
• White & Case Adds Former A&O Tax Pro In Luxembourg
• Marketer Denies Owing Investors For Flawed Property Scheme
• FSB Spots Weaknesses In Short-Term Funding Markets
• Investec Sets Aside £30M For FCA Motor Finance Review
• Trader Denies Using 'Magic Money Tree' At £1.4B Fraud Trial
• Pension Plans Must Get Handle On Data Quality, TPR Says
• Bank Sues Adviser For £9M In Property Overvaluation Dispute
• Tech Resilience Regime Ambiguous, European Banks Say
• FCA Fines HSBC £6.2M For Mistreating Customers In Arrears
• White & Case Hires 2 Latham Partners In Germany
• Hargreaves Lansdown Snubs £4.7B Bid From CVC, Abu Dhabi
• Property Transfer For Tax Break Not Dishonest, UK Court Says
• HSBC Can't Use Brexit To End UK Role In EU Body, Staff Say
• Ex-Goldman Banker Gets Contempt Sentence Suspended
• Hilco Exec Wins £296K After Being Sacked For Whistleblowing
• 'Debanking' Complaints Highlight Need For Flexibility In AML
• UK Gov't Calls Elections For July 4 Despite Poor Polls
• City Group Warns Financial Fraud Still Major Problem
• Swiss Gov't Adopts Proposals For Tougher AML Laws
• UK Dependency To Implement Pillar 2 Starting In 2025
• HSBC Rejects Ex-Football Pro's £2M Loan Dispute
• Chinese Woman Faces Oct. Criminal Crypto Possession Trial
• Digital Assets Investor To Return Up To £34M To Shareholders
• EU Watchdog Seeks New Powers For Markets Regulation
• Greenberg-Led SPAC To Buy Safety Biz For $1.85B, Quit LSE
• Citigroup Fined £61.6M For Trading Systems Failings
• EU Gives Final Approval To World's First AI Rulebook
• Denmark's Sydbank To Acquire Local Coop Bank For $50M
• I Am An Honest Man, British Trader Tells £1.4B Fraud Trial
• Finance Pros 'Too Afraid' To Blow Whistle On Fraud
• Credit Union In Default, £2.6M Compensation Expected
• UK Pension Reform Could Create 'Too Big To Fail' Providers
• Mastercard, Visa Fee Hikes Face UK Competition Scrutiny
• Ex-Insurance Exec's Wife Denies Knowledge Of Illegal Money
• Hayes Gets Lifeline In Bid To Overturn Libor Conviction
• Autonomy CEO Reaped $516M From HP Acquisition, Jurors Told
• Mitigating Incarceration's Impacts On Foreign Nationals
• SFO Seizes Cash In Bank Account Linked To Nigerian Bribery
• Collapsed Firm Escapes Fine For Making Unapproved Claims
• Lessors File Russia-Stranded Planes Cases After Major Ruling
• Decoding Arbitral Disputes: The Benefits Of Non-EU Venues
• UK Leads Europe In Financial Services Investment, EY Says
• Step Up Action On Financial Abuse, FCA Tells Firms
• Crypto 'Inventor' Used Court As Vehicle For Fraud, Judge Says
• Addleshaw Helps British Land Sell Stake In Mall To Norway
• Imprisoned Oligarch Partly Wins Bid To Expand $14B Claim
• UK Litigation Roundup: Here's What You Missed In London
• SEC Can Try To Show Jurisdiction Over German In $3M Claim
• Pensioners Lose £80M In Credit Over Submission Errors
• FCA Sets Out Consumer Duty Priorities For Closed Products
• ABN Amro To Sell Stake In Life Insurance JV Neuflize Vie
• How Proposed Platforms For Unlisted Co. Trading May Work
• Experian Ruling Helps Cos. Navigate GDPR Transparency
• Asset Manager Alpha Growth To Buy Insurance Manager
• FCA To Weigh 'Sensitive, Emotive Issue' Of Probes Policy
• Ex-Investment Manager Gets 6 Years For £19M Ponzi Scheme
• FCA Charges Reality TV Stars Over Risky Investment Ads
• Russian Wealth Fund Fails To Curb EU Sanctions
• M&G Accounts Manager Wins £13K Over Resignation Dispute
• Slovenian Bank NLB Bids €400M For Austrian Lender Addiko
• Nationwide Cited For Compliance Breaches In PPI Market
• Lithuania PM Wants Frozen Russian Assets To Help Ukraine
• Taxpayers Let Down By HMRC Digital Service, Says Watchdog
• Swiss Seek Feedback On Crypto Information Exchange
• Crypto 'Academy' Closed After Probe Into False Assurances
• Watchdog Warns Bank CEOs Of Inadequate Recovery Plans
• Clarity Is Central Theme In FCA's Greenwashing Guidance
• FCA Charges 3 For Alleged £8M Pension Fraud
• Experts See Risks In FCA's Soft-Touch Response To AI
• Autonomy Overstated Revenue Before HP Sale, Jury Hears
• Christian Org. Staves Off Same-Sex Bias Trial With $120K Deal
• Billionaire's Pilot Cops To Tax Count, Avoids Insider Trial
• UK Gov't Rules Out NDA Ban In Harassment Cases
• UniCredit Bids To Toss $69M Plane Payment Sanctions Ruling
• EU Watchdog Sets Anti-Greenwashing Guidelines For Funds
• Gov't To Add Legal Powers, Staff To Stop Benefits Fraud
• EU Finance Ministers Strike Deal On Withholding Tax Refunds
• UK Pension Scheme Funding Edges Up £2.8B
• Repository Denies Withholding Investment Data From Fund
• ATM Network Accuses Stripe Of Infringing 'Link' TMs
• Irked Autonomy Judge Vents On HP Fraud Trial's Slow Pace
• JP Morgan Battles Viva Wallet Founder Over Buyout Value
• Barclays Can Keep $148M Russian Swaps Dispute In London
• Warning On Surge In Mortgages Going Beyond Retirement
• EasyGroup Sues Vehicle Rental Co. Over 'EasyHire' TM
• Gov't Tells Finance, Law Watchdogs To Improve AML Reports
• Demand Grows For Cross-Border Pensions In Unstable States
• UK Litigation Roundup: Here's What You Missed In London
• Commerzbank Analyst To Pay £20K After False Allegations
• Costs Of Pension Portals Rise £54M Over Launch Delays
• Ex-Plastics Co. Manager Spared Prison For Insider Dealing
• Financial Co. Sues Tende Energy For $5M Over Loan Deal Fee
• Director Imprisoned For Deceiving FCA In £1.2M Fraud Probe
• FCA Warns Firms Of Market Abuse Surveillance Failings
• MPs Mull Using Frozen Russian Assets For Ukraine Recovery
• Ex-Goldman Banker Fights To Overturn Contempt Ruling
• Royal Bank Of Canada Beats Analyst's Bullying Claim
• Ex-Goldman Banker Fights US Extradition On Bribery Charges
• Construction Giant Cimolai Settles €10.6M Forex Dispute
• Aviva Takes On Construction Co. Pension Scheme In Full
• Watchdog Preps Rules For Banks To Repay High-Value Fraud
• BBVA €12B Offer For TSB Owner Sabadell Turns Hostile
• EGC Won't Annul EU Decision To Toss Spanish Tax Scheme
• FCA Mulls 'Enforcement Watch' As Naming Alternative
• Squire Patton Hires Partner Trio As UK Expansion Continues
• StanChart Bids To Toss Investors' Sanctions Claim On Appeal
• Reed Smith's $13M Ask May Breach Sanctions, Barclays Says
• Insurer Claims 400 Pension Deals Penned In 12 Years
• Three Men Plead Not Guilty In £4M Water Investment Fraud
• Advertisers Fight For Class Action In Google Antitrust Case
• Investment Cos. Ask Gov't To Settle Disclosure Uncertainties
• Litigation Funder Probably Owned By Sanctioned Oligarchs
• Banks, Regulators Holding Back SMEs, Lawmakers Say
• Clifford Chance Hires Finance Pro From A&O Shearman
• Businessman Asks Top Court To Block £19M UAE Debt Claim
• Pension Schemes Weigh Halting Employer Contributions
• EU Watchdog Mulls Opening Funds To Riskier Investments
• FCA Bans Investment Firm's Ex-CEO For Misleading Clients
• PwC, EY Hit With Fines Over LC&F Audit Failures
• HMRC Director Rejoins KPMG To Boost Tax Dispute Offering
• SRA Warns Law Firms On Improper Practices In Mass Claims
• UK Litigation Roundup: Here's What You Missed In London
• EU Regulators To Report AML Suspects To Central Database
• Pensions Watchdog Targets More Scheme Consolidation
• Frasers Group Drops €50M Case Against Morgan Stanley
• Reed Smith Steers £136M Pension Deal For Savings Plan
• Financial Adviser Convicted In Axiom Legal Fund Fraud Case
• Whistleblower Claims Would 'Destroy' Autonomy, GC Was Told
• HMRC Asked To Investigate Firm On Dodging Sanctions
• Mastercard Appeals Jurisdiction Ruling In £10B Class Action
• BofA Beats Whistleblower Claim Without Settlement Defense
• Financial Watchdog Boss Summoned Over Plan To ID Targets
• Europol Helps Bust 12 Fraudulent Call Centers
• ING Kicks Off €2.5B Share Buyback With Q1 Results
• UK Unveils Post-Brexit Rules For Overseas Investment
• How New FCA Rules Strengthen Borrower Protections
• Autonomy CEO's Atty Says Judge 'One-Sided' Against Client
• FCA Opposes Paying Ex-Julius Baer Manager's Legal Costs
• BBVA Makes €12B Offer For TSB Parent Sabadell
• UK Banks Received Over £9B In Interest On BoE Reserves
• Pension Scam Group's Future Hit By Lack Of Volunteers
• FCA's Investigation Regime May Tarnish Unnamed Individuals
• Pension Body Warns On Gov't Equity Investment Plan
• New Property Category Not Needed To Regulate Digital Assets