Company News



Tribunal upholds decision of Financial Conduct Authority to find Ian Hannam guilty of market abuse

Published on: Tuesday, June 3, 2014 by Paul Stanbridge

The Upper Tribunal (Tribunal) has upheld the decision of the Financial Conduct Authority (FCA) that Ian Hannam engaged in two instances of market abuse. . .

http://www.fca.org.uk/news/ian-hannam-guilty-of-market-abuse



Mexico Authorizes Arrests in Fraud at Citigroup Unit

Published on: Tuesday, June 3, 2014 by Paul Stanbridge

The authorities in Mexico have issued arrest warrants for former executives of   Citigroup’s  Mexican subsidiary, Banamex, in an investigation of a $400 million fraud. . .

http://dealbook.nytimes.com/2014/06/01/mexico-issues-arrest-warrants-in-banamex-fraud-inquiry/?_php=true&_type=blogs&_php=true&_type=blogs&module=BlogPost-Title&version=Blog%20Main&contentCollection=Legal/Regulatory&action=Click&pgtype=Blogs&region=Body&_r=1



BoE publish the Cunliffe & Dombret paper that ran in The Wall Street Journal Europe on 2 June 2014

Published on: Tuesday, June 3, 2014 by Paul Stanbridge

A missing tool against ‘too big to fail’

 

http://www.bankofengland.co.uk/publications/Documents/speeches/2014/speech734.pdf



Implementation monitoring for the PFMIs: first update to Level 1 assessment report

Published on: Tuesday, June 3, 2014 by Paul Stanbridge

The Committee on Payment and Settlement Systems and the International Organization of Securities Commissions  have published  the first update to the  Level 1 assessments of implementation monitoring for the  Principles for financial market infrastructures (PFMIs) . . .

http://www.bis.org/press/p140528.htm



Tougher oversight of foreign exchange market expected to be unveiled

Published on: Tuesday, June 3, 2014 by Paul Stanbridge

Osborne likely to use Mansion House speech to announce proposals to subject exchange to same regime as Libor . . .

http://www.theguardian.com/business/2014/jun/02/tougher-oversight-foreign-exchange-market-osborne-libor