268 results found
Lexology PRO | European Union, Global, Switzerland, etc. | 6 Jul 2022
Swiss Libor manipulation suit settles
A long-standing class action against Deutsche Bank and NatWest over allegations of a conspiracy to fix Swiss franc Libor is set to conclude, as a New York federal court approves a settlement in a class action lawsuit revolving around LIBOR manipulation scandals.
Lexology PRO | Estonia, European Union, Global, etc. | 19 Jan 2022
Anti-corruption and AML: key compliance updates (23 Dec – 19 Jan)
The UK plans to regulate cryptoasset advertisements, Estonia introduces AML legislation targeting cryptocurrency exchanges, and the European Banking Authority warns that de-risking hurts commercialism in financial institutions – plus other key updates.
Lexology PRO | Cyprus, Netherlands, OECD, etc. | 22 Dec 2021
Anti-corruption and AML: key compliance updates (9 – 22 Dec)
The US plans to modernise its AML/CTF regime, UK directors now face significant risks for dissolving companies to avoid their liabilities, and NatWest is fined £264.8 million for AML failures – plus other key updates.
Lexology PRO | United Kingdom | 10 Nov 2021
UK FCA steps up money laundering probes into banks
The UK financial regulator has opened over a dozen investigations in the past year into whether banks have done enough to prevent the flow of dirty money.
Lexology PRO | Australia, Canada, European Union, etc. | 26 Oct 2021
Corporate liability: how to limit upward exposure
Tips for companies on how to manage liability for the misconduct of a subsidiary or other business partners, according to recent guidance, case law and regulatory updates.
Lexology PRO | United Kingdom | 7 Oct 2021
NatWest admits criminal money laundering failures
The bank faces the highest-ever AML fine in the UK in the FCA’s first criminal prosecution under its 2007 money laundering regulations.
Lexology PRO | European Union, United Kingdom | 15 Jul 2021
CAT chairman questions alleged effects of Forex cartel
The UK judge overseeing two proposed class actions against members of the Forex cartel has laid out his initial concerns about both claimants’ theories of harm.
Lexology PRO | Australia, Brazil, European Union, etc. | 30 Jun 2021
Competition and antitrust: Key compliance updates (16 – 30 Jun)
New competition laws in Slovakia, Finland and the US, new regulations and guidelines in Poland, Germany and the Netherlands, a memorandum of understanding between India and Brazil, and enforcement actions against Google, NatWest, and others – plus other key competition and antitrust updates.
Lexology PRO | Belgium, European Union | 16 Jun 2021
EU blocks former bank cartelists from coronavirus bond issuances
The European Commission has banned ten banks – including Barclays and Deutsche Bank – from participating in certain bond sales to fund coronavirus recovery due to their previous cartel involvement.
Lexology PRO | Australia, European Union, France, etc. | 2 Jun 2021
Competition and antitrust: Key compliance updates (19 May – 1 Jun)
A look at new competition rules for big tech giants in Germany, enforcement action over cartel conduct in Australia, a new UK CMA Office and advances for the modernisation of competition law in France – plus other key competition and antitrust updates.
