01/30/2019
Who's Who Legal Awards
Firm of the Year 2018: Hogan Lovells
Legal, Regulation & Compliance
01/29/2019
Crypto Crime Is Taking A Violent Turn
This case also signals a shift away from bitcoin, which has more robust crime fighting tools, towards alternate cryptocurrencies, where criminals have more than 1,600 cryptocurrencies to choose from.
01/29/2019
MetLife to pay N.Y. regulator $19.7 mln for unpaid pensions
The settlement follows an examination by the New York regulator
01/29/2019
Firm Settles Ponzi Scheme Allegations for $1 Billion-Plus
The SEC had also accused Woodbridge founder and CEO Robert Shapiro of making Ponzi payments
01/28/2019
Suspected Fraud Against Seniors Doubles in Five Years
Financial advice industry regulators have already taken steps to address elder abuse
01/28/2019
Chubb Announces Long-Term Distribution Agreement with Banco de Chile
Chubb to be exclusive partner for life and general insurance products for Chile's leading bank
01/25/2019
Dynasty Closes In-House Wealth Management Unit
A Dynasty spokeswoman tells FA magazine that it closed the business in the fourth quarter of 2018 but discussions to do so began at the end of 2017.
01/24/2019
Three U.S. Government Filing Requirements Every American With Assets Offshore Needs To Understand
The threshold is $10,000, and you can meet it by holding $10,000 in a single bank or brokerage account offshore or by holding an aggregate of $10,000 spread among multiple bank or brokerage accounts outside the United States.
01/24/2019
1.6 million Canadian banking records shared with IRS
CRA now transferring 600,000 banking records per year under controversial information sharing agreement
01/24/2019
Indiana RIA Charged with Stealing $1 Million from RBC Wealth Management
If your firm mistakenly deposits $1 million in your brokerage account, can you keep it?
01/24/2019
Wall Street Braces for MiFID-Style Rules Descending on the U.S.
Capital Group, T. Rowe will eat costs of outside research
01/24/2019
Goldman, Citi Drop Chinese Peer-to-Peer Lenders After Crackdown
Their concerns mainly stemmed from the timing of the deals, with an uncertain outlook for P2P companies and a slumping market knocking down valuations.
01/23/2019
The Fed is probing Deutsche Bank over billions in suspicious transactions in another twist in the Danske Bank money laundering scandal
The US Federal Reserve is investigating how Deutsche Bank handled billions suspicious payments from Danske Bank, as regulators try to unravel who was involved in one of the largest financial scandals in history.
01/22/2019
Lawyers for ex-HSBC trader attack ‘ever-shifting’ case
New legal filings show US appeal will seek to have rate-rigging verdict overthrown
01/21/2019
Hedge fund Brokwel Management sues Venezuela for $20m loans default
A secretive hedge fund is suing the Venezuelan government for allegedly defaulting on more than $20m (£15.5m) of loans.
01/18/2019
Lawyers Raise Prospect Of "Special Measures" Against Dubai As Dispute Over Frozen $500M Drags On
The saga dates back to November 2017, when $496m belonging to The Port Fund, a Kuwaiti investment firm, was frozen while passing through Noor Bank in Dubai.
01/15/2019
Is it time for Foreign Financial Institutions to hire IRS Representation?
This is the first round of required FATCA Certifications of Foreign Financial Institutions.
01/15/2019
Dechert Wins Multiple Honors
Dechert has also led Purdue Pharma’s national defense strategy in more than 1,400 federal and state lawsuits arising from the marketing of opioid medications.
01/15/2019
Proskauer Wins Practice Group of the Year
Additionally, partner Jeff Horwitz was recently named a Hospitality MVP by Law360.
01/15/2019
SEC's Office of Compliance Inspections and Examinations Announces 2019 Examination Priorities
OCIE’s examinations also will continue to be guided by the same four “pillars” presented in OCIE’s examination priorities for 2018