Santander on Wednesday denied doing the bidding of a client by refusing to release funds at the center of a $90 million bond dispute to a power plant developer, telling a London court the company should withdraw the unfounded claims.
Santander on Wednesday denied doing the bidding of a client by refusing to release funds at the center of a $90 million bond dispute to a power plant developer, telling a London court the company should withdraw the unfounded claims.
Crispin Odey has made headlines again as a tribunal upheld a ban on the former hedge fund boss. Here, Dechert partner Richard Hodge talks to Law 360 about how the FCA wants to stamp out non-financial misconduct in the sector and how businesses will face pressure to stamp out sexual harassment.
The Financial Conduct Authority issued guidance on Wednesday to help crypto-businesses prepare for the authorization needed to operate in the U.K. from October 2027.
Two directors of a failed car leasing group denied at trial on Wednesday that they lied to investors to dupe them into putting £87 million ($117 million) into a car leasing scheme, which prosecutors say was a Ponzi scheme.
An insurance broker has convinced European officials to nix a finance company's trademark for "EMF," after showing that clients might believe the rival's services are linked to its existing EFM brand.
The U.K. government has to pay back £19 million ($25.6 million) to around 3.2 million taxpayers after identifying errors over the taxation of pensions, according to a letter sent to the Public Accounts Committee published Wednesday.
The government will look at bolstering the fight against dirty money by potentially extending anti-money laundering regulations to include property developers, football clubs and players' agents, according to its first-ever strategy.
Britain's biggest banks have launched a fundraising program worth approximately £50 million ($67.3 million) to develop a U.K. retail payments infrastructure to rival the Mastercard and Visa monopoly, an industry trade body has said.
