We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 199

Market abuseinsider dealingFSA enforcement
  • Herbert Smith Freehills LLP
  • European Union, United Kingdom
  • December 5 2012

The FSA has published two final guidelines as follows: FG1220 - anti-bribery and corruption systems and controls; and FG1221 - banks' defences against financial crime


FSA publishes draft amendments to investment management regulations folowing AIJ scandal
  • Herbert Smith Freehills LLP
  • Japan
  • December 5 2012

Japan's FSA launched a review of existing regulation and government supervision of Japan's asset management sector, following the recent AIJ Investment Advisors Co. scandal, in which AIJ's President was indicted for fraud after it was revealed that AIJ hid pension fund losses of up to $1.4 billion over a nine-year period


Australian financial institutions accused of being complicit in PNG graft
  • Herbert Smith Freehills LLP
  • Australia, Papua New Guinea
  • December 5 2012

It is reported that Sam Koip, chairman of Papua New Guinea's corruption task force, has accused Australian financial institutions of being complicit in graft and corruption by turning a blind eye to money being redirected through Australia


Shah v HSBC: Court of Appeal says fact of suspicions of money laundering can be tested at trial
  • Herbert Smith Freehills LLP
  • United Kingdom
  • February 12 2010

Last year, HSBC was successful in obtaining summary judgment on a claim brought by one of its customers, Mr Shah (and his wife


HMRC introduces penalties for failure to apply for Money Laundering Regulations registration
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 13 2010

HM Revenue and Customs has introduced new late registration penalties for money service businesses, high-value dealers, trust or company service providers and accountancy service providers who fail to apply for registration under the Money Laundering Regulations


HM Treasury publishes advice on overseas money laundering controls
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 13 2010

HM Treasury has issued a statement on money laundering controls in overseas jurisdictions


HMT consultation on terrorist asset freezing
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 13 2010

HM Treasury has launched a consultation on the Terrorist Asset-Freezing Bill, which was published in draft on 5 February 2010


OFT consultation on supervision of estate agents and credit lenders under the Money Laundering Regulations 2007 and fee structure
  • Herbert Smith Freehills LLP
  • United Kingdom
  • March 10 2010

The Office of Fair Trading (OFT) has published a consultation on its future approach to supervising estate agents and certain credit lenders under the Money Laundering Regulations 2007 and the appropriate fee structure


FSA fines and bans mortgage broker for submitting fraudulent mortgage applications
  • Herbert Smith Freehills LLP
  • United Kingdom
  • March 10 2010

The FSA has fined Dele MacAulay £115,157 for knowingly submitting fraudulent mortgage applications for himself, his wife and his brother


Shah and anor v HSBC Private Bank (UK) Limited 2010 EWCA Civ 31
  • Herbert Smith Freehills LLP
  • United Kingdom
  • February 16 2010

In December 2009, Hamblen J gave a summary judgment in the case of Shah and Another v HSBC Private Bank (UK) Limited against Mr Shah (and his wife