Businessman Unable To Unmask Source For High-Risk Listing

By William Janes

A Chinese businessman suspected of financial crime linked to his U.K. property interests lost a bid on Friday to force a London Stock Exchange Group unit to explain how his name appeared on a database of high-risk individuals.

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FRC Seeks Input On Guidance For Pension Surplus Rules

By Martin Croucher

The Financial Reporting Council has said it wants industry feedback as it hashes out the details of how pension bosses can tap into an estimated £160 billion ($215 billion) in funding surpluses.

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Civil Service Pension Debacle Still Unsolved 6 Months On

By Martin Croucher

The company responsible for administering the Civil Service Pension Scheme has apologized for ongoing disruption to the service, more than six months after it took over the contract.

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4 Members Of £23M Crypto Money Laundering Ring Jailed

By Ronan Barnard

The leaders of a £23.4 million ($31.3 million) money laundering ring that cleaned money for Irish and Kurdish organized criminals were sentenced to a total of more than 27 years' imprisonment at a London court Friday.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Laura Stewart Liberty

The past week in London has seen the FCA bring a claim against a fund manager it accused of providing investment services despite having been banned, an Ardmore unit sue a contractor two days before the construction group's collapse, and shipping and cruise giant MSC hit back at an entertainment company following separate intellectual property litigation in the U.S. Here, Law360 looks at these and other new claims in the U.K.

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Latham Steers SpaceX IPO Underwriters In UK

By Dawood Fakhir

Latham & Watkins LLP said on Friday that it acted as lead adviser to British banks underwriting SpaceX's $75 billion initial public offering on the Nasdaq stock exchange.

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Brief

Software Biz TruFin Eyes £80M Returns After Playstack Sale

By Irene Madongo

Software and lending solutions provider TruFin PLC said Friday that it plans to return £80 million ($107.3 million) to shareholders following the recent completion of the sale of its game developer Playstack Ltd.

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