Australian firm claimed to own patent rights to CLS settlement systems, but Supreme Court threw out the case in a 9-0 judgement
Probes into currency market manipulation are gathering pace, and the findings are expected to be every bit as damaging as those relating to Libor rigging. But they may come with an even bigger price tag....
More Legal risk articles
Future crises will be tougher to resolve if legal risks stop strong banks acquiring wounded competitors, warns CRO for RBS Americas
Investors and lawyers voice concerns about using segregated accounts structure to issue streamlined cat bond instruments
Cyber breaches have become an everyday threat for financial institutions, and with the threat coming both internally and externally, accountability remains an open question. OpRisk investigates exactly who is responsible within a financial institution...
The last few years have seen several high profile criminal and civil cases over the theft of intellectual property from financial institutions. Legal battles, however, are extremely complex and expensive, so firms need to ensure they have adequate defences...
When regulators collected data on banks’ operational risk scenarios in 2008, the biggest loss envisaged from a money-laundering breach was €120 million. In December, HSBC had to swallow a $1.9 billion penalty – just one of a series of huge losses...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Topics of interest
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Singapore, 22nd - 23rd Jul 2014
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014