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Court finds lenders to hedge fund not liable as ERISA fiduciaries

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • April 13 2015

A federal court recently dismissed ERISA breach of fiduciary duty claims asserted by Delphi Beta Fund, LLC, a hedge fund, against two of its bank

Annual report from the Norwegian regulator

  • Advokatfirmaet Steenstrup Stordrange
  • -
  • Norway
  • -
  • April 13 2015

The Financial Supervisory Authority of Norway (the "FSAN") has published its Annual Report for 2014. The full report is to date only available in

From legislative confetti to solid objectives, the future of superannuation

  • King & Wood Mallesons
  • -
  • Australia
  • -
  • April 2 2015

For many years, the superannuation system has been besieged by constant changes to the legislative framework (many introduced at or around budget

Unravelled: section 68A - undue attention to an inadequate remedy

  • Allens
  • -
  • Australia
  • -
  • April 1 2015

It's not often that a section of the SIS Act makes the daily news, but section 68A of the SIS Act has done just that following the publication of a

Governing compensation: the new CBB remuneration rules in Bahrain

  • Al Tamimi & Company - Advocates and Legal Consultants
  • -
  • Bahrain
  • -
  • March 25 2015

It is widely believed that one of the contributing factors to the global financial crisis during 2008 was the unfettered and inflated remuneration

Financial Regulatory Developments 20 March - Legislation

  • Dentons
  • -
  • United Kingdom
  • -
  • March 20 2015

Treasury has added to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, from 6 April, a new regulated activity of

Financial Regulatory Developments 6 March - Financial Conduct Authority (FCA)

  • Dentons
  • -
  • United Kingdom
  • -
  • March 6 2015

FCA has removed much of its website resource on unfair contract terms. It says it needs to review and update these in light of the forthcoming

Financial Regulatory Developments 6 March - Legislation

  • Dentons
  • -
  • United Kingdom
  • -
  • March 6 2015

The Serious Crime Act 2015 received Royal Assent. Among other things, the Act introduces an addition to section 338 of the Proceeds of Crime Act 2002

This week at the UK regulators - 2 March 2015

  • Clifford Chance LLP
  • -
  • United Kingdom
  • -
  • March 6 2015

The FCA has this week secured another conviction for insider dealing and in a separate case has issued a fine of more than £17 million for systems

A step closer to ring-fencing of banking activities?

  • RPC
  • -
  • United Kingdom
  • -
  • February 23 2015

The Government has taken some tentative steps towards ensuring ring-fenced banks cannot become liable for the pension schemes of other entities. Last