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 29

Anti-money laundering and anti-bribery systems and controls at asset management firms: FCA thematic review
  • Herbert Smith Freehills LLP
  • United Kingdom
  • December 1 2013

In October 2013, the Financial Conduct Authority (FCA) published the much-anticipated report of its thematic review into anti-money laundering (AML


Corporate crime update September 2013 - United Kingdom
  • Herbert Smith Freehills LLP
  • United Kingdom
  • September 20 2013

On 8 August 2013 the Financial Conduct Authority ("FCA") issued a Final Notice against Guaranty Trust Bank (UK) Limited ("GTBUK"), the fifth in a


IOSCO completes global framework to fight against cross-border market abuse
  • Herbert Smith Freehills LLP
  • Global
  • February 16 2010

The International Organisation of Securities Commissions (IOSCO) has announced that it has achieved its goal of having its eligible membership sign onto, or committed to sign, its Multilateral Memorandum of Understanding concerning Consultation, Cooperation and the Exchange of Information (MMOU


Market abuse: ECJ holds in Daimler case that steps preceding a decision may constitute inside information
  • Herbert Smith Freehills LLP
  • European Union
  • June 29 2012

In its judgment in the case of Markus Geltl v Daimler AG C-1911 yesterday, the European Court of Justice provided clarification on the requirement that information must be "of a precise nature" to be "inside information"


Market abuse ECJ holds in Daimler case that steps preceding a decision may constitute inside information
  • Herbert Smith Freehills LLP
  • European Union
  • June 28 2012

The European Court of Justice has today given judgment in the case of Markus Geltl v Daimler AG C-1911, holding that information about intermediate steps taken in the context of a protracted process leading towards a future event or circumstance can be precise, and therefore “inside information”; and a “reasonable expectation” that an event will occur means that there is a realistic prospect, not a high probability, that it will occur


Uberoi sentencing hearing
  • Herbert Smith Freehills LLP
  • United Kingdom
  • January 6 2010

Matthew Uberoi and his father, Neel Uberoi, were sentenced to 12 and 24 months' imprisonment respectively, for insider dealing on 10 December 2009


FCA confirms how it will use new powers to publicise warning notices
  • Herbert Smith Freehills LLP
  • United Kingdom
  • October 21 2013

On 15 October 2013, the FCA published its Policy Statement (PS139) on the publication of information about warning notices under its new powers (see


FSA bans trader for mis-marking
  • Herbert Smith Freehills LLP
  • United Kingdom
  • April 13 2010

The FSA has banned Alexis Stenfors, a former proprietary trader, from performing any regulated functions in relation to any regulated activity, on the grounds that he is not a fit and proper person


SEC charges General Re Corporation for its role in AIG and Prudential accounting fraud
  • Herbert Smith Freehills LLP
  • USA
  • February 16 2010

The US Securities and Exchange Commission (SEC) has issued a complaint against General Re Corporation (Gen Re) for its involvement in assisting American International Group (AIG) and Prudential Financial Inc. with setting up sham transactions to manipulate their financial statements


Spector Photo Group and Van Raemdonck v Commissie voor het Bank-, Financie- en Assurantiewezen (CBFA)
  • Herbert Smith Freehills LLP
  • European Union
  • February 16 2010

The European Court of Justice (ECJ) has published its judgment in the case of Spector Photo Group and Van Raemdonck v Commissie voor het Bank-, Financie- en Assurantiewezen (CBFA