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A former governor of the National Bank of Ukraine will ask the High Court to dismiss the claims against her at a two-day hearing. (AP Photo/Kirsty Wigglesworth)

Central Banker Eyes Exit In $260M Suit Over PrivatBank

The former head of Ukraine's central bank is seeking to strike out claims by Ukrainian oligarch Igor Surkis alleging she conspired with the country's former president to wipe out funds belonging to companies owned by his family during the nationalization of PrivatBank.

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Central Banker Eyes Exit In $260M Suit Over PrivatBank

The former head of Ukraine's central bank is seeking to strike out claims by Ukrainian oligarch Igor Surkis alleging she conspired with the country's former president to wipe out funds belonging to companies owned by his family during the nationalization of PrivatBank.

Chinese Fugitive Sues UBS For $495M Over Margin Call

A Chinese billionaire is suing UBS AG in London claiming the bank made misleading statements about the terms of an investment deal which cost him $495 million during market turbulence.

CMA Says Facebook Won't Share Info In Giphy Battle

Britain's competition watchdog fought back on Tuesday against Facebook's attempt to ease an order designed to freeze its integration with Giphy while the acquisition of the website is under investigation, saying the social media giant has "shut up shop."

EU Targets Cyprus, Malta Over 'Golden Citizenship' Schemes

Europe's executive body said on Tuesday that it has formally started infringement proceedings against programs in Malta and Cyprus that allow individuals to buy citizenship, amid concerns about money laundering and the risk of tax evasion.

Gov't Unveils Plans To Hand UK Watchdogs More Powers

The British government has set out proposals to hand financial services watchdogs stronger powers to design and implement regulatory standards for the marketplace when the Brexit regulatory transitional period ends in December.

Facebook Fights UK Deal Restrictions During Giphy Probe

Facebook argued Monday that restrictions imposed by the U.K.'s antitrust enforcers while investigating its purchase of Giphy Inc. are heavy-handed and should be loosened.

Ex-Oil Traders Again Told To Face Sprawling Fraud Suit In UK

More than five years after ordering two former oil traders to face a massive fraud lawsuit in the English courts, a London judge again reached the same conclusion Monday after finding the men were in a position to exercise control over the business. 

EU Sets Out Magnitsky Act Sanctioning Human Rights Abuses

The European Union will launch a new sanctions regime targeted at individuals suspected of human rights abuses that will mirror the U.S. Magnitsky Act, Ursula von der Leyen, head of the EU's executive arm, announced Monday.

7 Questions For AML Task Force President Marcus Pleyer

Marcus Pleyer, the new president of the Financial Action Task Force, talks to Law360 about his priorities, including the risks posed by crypto-assets and the role of artificial intelligence in enforcement.

Amigo Forced To Ask FCA Permission When Paying Dividends

Guarantor loans lender Amigo Holdings said on Monday that it will have to get permission from the Financial Conduct Authority before paying out dividends and bonuses, as it continues to struggle with a backlog of complaints and regulatory investigation.

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