In this issue of Signature Litigation’s Financial and Regulatory Disputes Update, Partner Abdulali Jiwaji and Trainee Solicitor Elliott Fellowes take a close look at the FCA’s Business Plan 2018/19 and consider the impact Brexit may have on the regulator’s enforcement regime. Our second article, written by Partner Simon Bushell, takes a fresh look at the…
“Fair market value” and its place in English Courts – Abdulali Jiwaji, Harry Denlegh-Maxwell and Johnny Shearman
Partner Abdulali Jiwaji, Associate Harry Denlegh-Maxwell and Professional Support Lawyer Johnny Shearman examine the Court of Appeal decision in LBI EHF v Raiffeisen, and the interpretation of “fair market value”.
Partner Abdulali Jiwaji comments in Law360 in relation to the RBS Global Restructuring Group.
Partner Abdulali Jiwaji comments in CDR in relation to the banking litigation trends of 2017.
Partner Abdulali Jiwaji and Paralegal Henry Reid examine a recent case acknowledging the possibility of implying a duty of good faith into a brokerage’s Terms of Business promises increasing judicial scrutiny for the FX industry, published in FX-MM.
Court of Appeal Holds Banks Owe No Suremime Duty of Care to Customers – Abdulali Jiwaji and Nikoletta Beneki
Partner Abdulali Jiwaji and Associate Nikoletta Beneki examine the Court of Appeal’s decision that the IHRP Review necessitates no duty of care for banks to customers, published in Financial Regulatory Briefing.
Proposals to extend the SM&CR regime: the impact from an enforcement perspective – Abdulali Jiwaji, Jessica Thomas and Stephanie Eaton
Partner Abdulali Jiwaji and Associates Jessica Thomas and Stephanie Eaton examine the extension of the Senior Managers and Certificate Regime to all FSMA authorised firms, and the impact it will have in Global Banking & Finance Review and The Global Legal Post.
Partner Abdulali Jiwaji comments in Commercial Dispute Resolution (CDR) in relation to a recent Court of Appeal judgment which ruled that banks owe no duty of care in relation to the FCA’s recent Review into interest rate hedging products.
In the August 2017 issue of Signature Litigation’s Financial and Regulatory Disputes Update, Partner Abdulali Jiwaji discusses the need for the FCA to test the SMR implications in relation to less clear-cut cases to ensure culpable managers are held responsible for their actions. In our second article, Abdulali Jiwaji and Associate Nils de Wolff examine the…
Partner Abdulali Jiwaji discusses Hong Kong passing legislation permitting third party funding of arbitrations seated in the territory, published in Law360.
Partner Abdulali Jiwaji and Associate Nils De Wolff examine the duty to explain in financial product misselling claims.
Partner Abdulali Jiwaji discusses the need for the FCA to test the SMR implications in relation to the less clear-cut cases to ensure culpable managers are held responsible for their actions in FX Week.
SFO Faces Uphill Climb To Mount ‘Lowballing’ Libor Cases – Partner Abdulali Jiwaji comments in Law 360
Partner Abdulali Jiwaji comments in Law 360 regarding the Serious Fraud Office’s prosecution activities following the Libor cases.
Partner Abdulali Jiwaji comments in Thomson Reuters Regulatory Intelligence regarding Hong Kong’s compliance officers on alert after five-year ban imposed on short seller
Partner Abdulali Jiwaji and Associate Sarah Kelly examine contractual interpretation and the Financial List in Legal Business’ Disputes Yearbook 2016.
In this issue of Signature Litigation’s Financial and Regulatory Disputes Update, the third of 2016, Partner Abdulali Jiwaji and Associate Johnny Shearman examine the Serious Fraud Office’s (SFO) new Section 2 interview guidance and its impact on legal representation. In our second article, Associate Jessica Thomas investigates the banking industry’s approach to de-risking and anti-money…
Senior managers regime may force FCA to grant third party rights more freely – Partner Abdulali Jiwaji and Associate Becca Hogan comment in Thomson Reuters
Partner Abdulali Jiwaji and Associate Becca Hogan comment in Thomson Reuters on the consequences of The Senior Managers and Certification Regime on FCA third-party notices
Regulators fail to address key issues in FX, participants say – Partner Abdulali Jiwaji comments in FX Week
Partner Abdulali Jiwaji comments in FX Week regarding the FCA’s failings to address key issues in foreign exchange markets.
Partner Abdulali Jiwaji and Associate Johnny Shearman investigate the SFO’s new Section 2 interview guidance and its impact on legal representation, published in FTSE Global Markets and Fraud Intelligence.
In this issue of Signature Litigation’s Financial and Regulatory Disputes Update, the second of 2016, we examine the Financial Conduct Authority’s 2016/17 Business Plan and Risk Outlook and its impact on regulated firms in the industry. Our second article discusses the recent judgments in Hayfin Opal Luxco 3 SARL v Windermere VII CMBS plc and…
The Financial Conduct Authority (“FCA”) published its annual Business Plan and Risk Outlook in April for the coming year. Many of the FCA’s aims remain the same or substantially similar to last year, with individual accountability and changing the culture of regulated firms still high on the Authority’s list of priorities.
More Than One Way to Skin a Cat – Two different approaches to the plight of the legacy CMBS Noteholders result in the same outcome
This article discusses the recent judgments in Hayfin Opal Luxco 3 SARL v Windermere VII CMBS plc and Credit Suisse Asset Management LLC v Titan Europe 2006-1 PLC and others, both concerning the entitlement of the Class X noteholders in notoriously complex legacy CMBS transactions.
UK Watchdog Looks For A Comeback At Barclays Libor Trial. Partner Abdulali Jiwaji comments for Law 360.
LIBOR acquittals – prosecuting with anachronous tools? Adam Rooney and Abdulali Jiwaji discuss the failed prosecutions against six brokers and consider another way forward.
Forex fiasco raises temperature around fraud busters Lawyers were quick to raise question marks over the viability of the UK’s specialist cadre of fraud busters yesterday after officials said that a two-year investigation into alleged rigging of the foreign exchange market had been dropped. The embarrassing statement from the Serious Fraud Office on Tuesday blamed…
Market Abuse: Ramping up the regulation Market abuse continues to be a focus area for the regulators and prosecutors, as evidenced by the multitude of fines imposed by the UK Financial Conduct Authority, and the investigations and prosecutions relating to benchmark, write Jessica Thomas and Abdulali Jiwaji from boutique law firm Signature Litigation. The upcoming…
Abdulali Jiwaji and Daniel Spendlove comment in Euromoney following FX settlements.
In this issue of Signature’s Financial and Regulatory Disputes update, we review the FCA’s approach to enforcement action for breach of its Principles of Business and consider the fundamental changes to this regime due in the spring 2016.
Abdulali Jiwaji comments in CDR Magazine – FCA still lacking permanent leader.