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An incoming legislative amendment could force China to reconsider its fragmented system of financial markets oversight

Are banks and Bitcoin firms at the start of a beautiful friendship? Bitcoin and banking need each other. So why can't the two get along? Since their creation, Bitcoin and other virtual currencies have lived in a murky world, with their anonymity and separation from official government bodies raising concerns. That has allowed the technology to capitalise on the best of the market, creating new ways to process payments, and transfer and exchange funds. Over this same period, the banking industry has faced greater regulation and political scrutiny. New requirements are adding to the sector's costs and processing times, cutting into traditional profit centres. A partnership between virtual currency firms and traditional financial institutions could benefit both their business and customers.

Disintermediation via group insurers is the low hanging fruit for longevity de-risking

Ellen Snare,

Apollo has become the first private equity firm to takeover a Spanish bank, revealing the Bank of Spain's new regulatory attitude towards financial sponsors as bank owners.

The rules are a salvo against recognising home country rules

Investment opportunities continue to increase. But uncertainties surrounding deal processes and risk mitigants are ever-present challenges

A new stock exchange geared towards startups is set to open in Chile in this summer. It should help the country achieve its goal of becoming a regional hub for startups. And its offering model could be exported to other jurisdictions.

Sanctions placed on Russian and Ukrainian officials by the US and EU are constantly evolving, forcing banks and other financial institutions to take a proactive approach to due diligence and financing

John Breslin Karole Cuddihy In a recent decision, the Irish High Court held that if an investor has paid money to a firm based on a fraudulent misrepresentation, the payer has a proprietary claim to the payment (In re Custom House Capital; Scott v Wallace 2013 IEHC 559). This is obviously crucial where a firm is in insolvent liquidation. The Irish High Court (Justice Finlay Geoghegan) held that monies held on account by Custom House Capital Limited (CHC) before its winding up were held on trust for one of its clients. The client of CHC had, between April and July 2009, transferred most of her personal savings and pension funds to CHC for investment, including a sum of €145,000 ($202,000), referred to as a deposit. The client had agreed that the latter sum would be invested by way of a subordinated loan agreement.