In this update we summarise some of the key developments from the first half of 2014 in case law, arbitration and regulation affecting the financial sector.
Clyde & Co's award-winning dispute resolution practice is the very heart of our firm. Recognised as an "elite" practice and the leading London disputes team, we have harnessed our deep sector knowledge to develop an enviable portfolio of banking litigation experience. Our specialist banking litigation and arbitration team is recognised in the legal directories as a "flourishing practice" and is almost unique in the City: an elite disputes firm that is rarely conflicted from acting for or against many of the major global financial institutions.
In this update, we summarise some of the key developments from the first half of 2014 in case law, arbitration and regulation affecting the financial sector.
Following on from allegations regarding LIBOR fixing (discussed in our banking litigation review of 2013), the Serious Fraud Office has opened a criminal investigation into allegations of fraudulent conduct in the foreign exchange market. The High Court has also provided guidance as to whether investment...