Latham & Watkins has appointed head of financial services and regulatory David Berman from Quinn Emanuel Urquhart & Sullivan’s London office, returning to the firm for the recruit six months after hiringlitigation partner Martin Davies.
Berman only joined Quinn in January this year and was previously Macfarlanes head of financial services regulation and a partner for nearly eight years. In his early career, he was a managing director at an global investment bank where he held senior legal, compliance and regulatory roles. Continue reading “Latham swoops on Quinn Emanuel for high-profile financial regulatory hire Berman”
Controversy, upheaval and regulatory scrutiny – who’d want the lot of a media and publishing GC?
In a world where newspapers are branding judges ‘enemies of the people’ and fake news dominates public discourse, these days the media itself is the story.
Continue reading “Fit to print – who’d want the lot of a media and publishing GC?”
Increased regulation and high-level consolidation have raised the odds for in-house lawyers playing in the gaming and betting industry
When Edward Traynor took the general counsel (GC) position at Paddy Power in April 2015, he arrived in the middle of a £400m return of capital to the business’s shareholders. Once that was completed, he planned to settle in, restructure the legal team and take a holiday after the company’s annual general meeting (AGM). That holiday never happened. Instead Paddy Power agreed a £7bn merger with Betfair to create one of the world’s largest online gambling businesses with more than 7,000 staff and £1.2bn in sales. Even the best-laid plans often go awry.
Continue reading “Game on – consolidation and tougher regulation raise the odds for betting industry GCs”
Given the multiplicity of channels available to money launderers and the increasingly sophisticated methods they use to cover their tracks when routing dirty money, claimants in asset-tracing cases face many barriers to recovering funds.
Continue reading “Sponsored briefing: Navigant’s David Lawler on recent developments in asset-tracing claims”
Latham & Watkins announced today (9 March) that it has continued bolstering its financial services offering in the City with the hire of Linklaters financial regulation partner Daniel Csefalvay.
Continue reading “‘Another major milestone’: Latham returns to the Magic Circle again in City regulatory push”
Culture secretary Karen Bradley has announced a new consultation into whether to hold a second part of the Leveson Inquiry into press standards and regulation. Continue reading “‘It would be ludicrous’: Government launches consultation into second Leveson inquiry”
City lawyers anticipate more cooperation between the public and private sectors as the introduction of the Criminal Finances Bill into the House of Commons brings greater reform to white collar crime.
Continue reading “‘A brave new world’: City firms anticipate further changes after new white collar reforms introduced”
New figures show while the total value of fines handed down by the Financial Conduct Authority (FCA) has dropped by more than a third in the past year, new regulations relating to senior management has caused penalties to individuals to more than double over the same period.
Continue reading “FCA fines to companies drop by a third as banking scandals pass, while individual penalties rocket”
External legal spend hits £330k on dropped inquiry
Having closed its investigation earlier this year due to ‘lack of evidence’, it has emerged that the Serious Fraud Office (SFO) spent £2.1m investigating alleged rigging of the foreign exchange (forex) market in less than two years.
Continue reading “Revealed: SFO records £2.1m spend on Forex investigation”