Dentons on Wednesday sought to block allegations it breached anti-money laundering regulations being litigated before a tribunal for a second time, arguing at the Court of Appeal that the case had been rightly dismissed the first time.
Dentons on Wednesday sought to block allegations it breached anti-money laundering regulations being litigated before a tribunal for a second time, arguing at the Court of Appeal that the case had been rightly dismissed the first time.
Unicredit rightly withheld $69.3 million in payments to aircraft lessors for planes stranded in Russia, Britain's top court ruled Wednesday, as it found that the sanctions regime prevented the bank from making payments connected to the supply of aircraft to Russian airlines.
A London court declined on Wednesday to stop the extradition to India of jewelry magnate Nirav Modi over an alleged $2 billion fraud after accepting diplomatic assurances he wouldn't be tortured.
A Chinese man living in the U.K. has been ordered to explain how he built an £81 million ($108 million) property portfolio in London amid a wider investigation into whether the money was the proceeds of crime.
Crispin Odey told a London tribunal on Wednesday that he denied trying to stop a member of staff who he had groped from speaking to the Financial Conduct Authority while it investigated his conduct at the hedge fund.
The government floated plans on Wednesday to streamline the civil enforcement powers of corporate watchdogs to ban unscrupulous directors as it warned that as many as one million companies might be fraudulent.
New rules from the Financial Conduct Authority requiring deferred payment credit providers to obtain a financial services license have two notable implications: providers will be subject to full compliance with the regulator’s consumer duty, and must meet its organizational and governance requirements, says Alix Prentice at Cadwalader.
