Banking & Finance

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Venezuela Launches Bid to Access $1 Billion in Bank of England Gold

20th May 2020
The central bank of Venezuela has launched a legal battle to force BoE to transfer the gold it is storing in order to combat COVID-19.
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The Serious Fraud Office and the Coronavirus Challenge

30th April 2020
As the UK government implements measures to mitigate the impact of COVID-19, the SFO will soon be called on to investigate allegations of fraud involving those new systems. Can it rise to the challenge?
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Cryptoassets: a Hot Topic Turned Hot Property

1st April 2020
The High Court's recognition of cryptocurrency as 'property' has sweeping implications for both insurers and digital traders.
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What Obstacles Does COVID-19 Pose to the Financial Sector?

31st March 2020
The pandemic's challenges to the economy are numerous and great. Here, we take a brief look at the greatest threats COVID-19 poses to businesses and the likely consequences.
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How the Senior Managers and Certification Regime Improves Accountability

19th March 2020
The aim of the FCA's new regulatory framework is to improve compliance and accountability throughout the financial sector.
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How Are Chapter 7 and 13 Bankruptcies Similar?

18th March 2020
Should you find yourself forced to file for bankruptcy, it is important to be aware of your options and the benefits they can offer you.
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Ashurst Expands Corporate Practice with Hong Kong Partner Hire

18th March 2020
International law firm Ashurst is bolstering its international equity capital markets/US securities and M&A practices with the appointment of Melody He-Chen as a partner in Hong Kong.
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Digital Lending: The Possible Impact This May Have for Banking Experts

28th February 2020
Some may remember the days when there were banks and their managers around every other corner: they had considerable discretion in lending to small and medium-size businesses (SMEs). This is in great contrast to the present day when SMEs complain of the inordinate time taken for banks to make a decision about loan applications. This […]
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Update on India's Union Budget for the Financial Year

28th February 2020
The budget for FY 2020-21 is woven around three prominent themes that are - (a) aspirational India (b) economic development, and (c) a caring society. During her speech, the Finance Minister stated that it is the Government’s intention to make India a five trillion dollar economy by 2024. Towards this end, the Government proposed a […]
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World Bank’s ICSID Proposes Amendments to Third-Party Funding Rules

28th February 2020
In order to prevent conflicts of interests and enhance transparency, recent proposed amendments to the Arbitration Rules of the World Bank’s ICSID include a new rule that obliges parties to disclose the existence and name of any third-party funders and an expansion of the definition of third-party funding. 
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