August 2013 Archive

Creating transparency and trust in corporate life

Following the G8 summit in July, Vince Cable published a discussion paper ‘Transparency & Trust: Enhancing the Transparency of UK Company Ownership and Increasing Trust in UK Business’. The purpose is to encourage corporate transparency in an effort to combat some of the shadier aspects of international corporate activity including tax evasion, money laundering and financing of terrorist operations.

LIBOR – Stumbled but not fallen

More and more investors, predominantly in the property industry, are reviewing the performance of their funds and portfolios, highly sensitive to small changes in LIBOR (London Interbank Offered Rate), with the view to bringing their own claims against the implicated banks. Parties looking at bringing these claims would be well advised to keep a weather eye on two cases currently working through the courts.
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