CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Deutsche legal advisers face uncertainty as bank retrenches
November 2nd, 2015
Embroiled in regulatory investigations, the bank has set aside €1.2bn for litigation costs, is cutting 9,000 jobs and leaving 10 countries as it seeks to reduce the risks to which it is exposed. On top of the 9,000 job ...
Dechert enters Saudi Arabia with Hassan Mahassni association as Shearman opens in Dubai
September 3rd, 2015
After Saudi Arabia‘s liberalisation of its capital markets, Dechert has established a presence in the Kingdom by forming an association with the Law Firm of Hassan Mahassni. Shearman & Sterling also bolstered its presence in the Middle East with ...
UAE making 2015 the year of renewable energy
July 6th, 2015
Some consider 2015 to be the year for renewable energy in the UAE. Three reasons stand out: the country’s expansion of clean-energy projects, its funding of renewable projects abroad and the fact that the Emirates has the lowest solar-energy ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Corporate Counsel Middle East Awards: Winners 2015
May 18th, 2015
Corporate Counsel Middle East Awards have firmly established themselves as a highlight of the region’s legal calendar. The awards, which are now in their fourth year, celebrate legal excellence in the Middle East and are open to in-house legal ...
Chief legal ombudsman quits after accounts probe
November 19th, 2014
The chief legal ombudsman has resigned from his £161,000 post following a dispute in relation to the unpublished annual accounts of the complaints service. A spokesman for the ombudsman’s office said this morning: ‘We can confirm that Adam Sampson ...
Stewarts appoints PwC lawyer as first tax litigation chief
November 6th, 2014
Pickstone has experience of acting for large corporates, financial institutions and high-net-worth individuals in tax disputes before the tax tribunals and in court. He said the new group would focus on both commercial tax disputes such as those arising ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
