By: Maria Ward-Brennan

Senior Reporter Maria Ward-Brennan is a senior reporter focused on law and professional services. Contact her via email on maria.ward-brennan@cityam.com or X (Twitter) @MariaW_B

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City lawyer sentenced to nine months in prison for ‘tipping off’ client

November 30, 2023

A City lawyer convicted for “tipping off” one of his clients about a money laundering investigation was sentenced to nine months in prison today. William Osmond, founder of commercial and property law firm Osmond & Osmond Solicitor, was convicted earlier this month. He tipped off businessman James Reeding Ramsay after the Serious Fraud Office (SFO) [...]
CMA successful in appealing its right to probe Apple

November 30, 2023

The Competition and Markets Authority (CMA) was successful in an appeal against a decision it did not have power market investigate tech giant Apple.
Aon hits insurance rival Howden with lawsuit a month after another settlement

November 30, 2023

Insurance broker Howden Group Holdings has been hit with a new lawsuit by Aon, one month after the former settled its other claim. The new claim was filed to the English High Court this week by insurance giant Aon and its subsidiaries Aon UK and Aon Brasil. The lawsuit targeted Howden along with 11 other [...]
Cristiano Ronaldo hit with $1bn class action over Binance partnership

November 29, 2023

Former Manchester United football player Cristiano Ronaldo has been hit with a class action in a court in the US over promoting unregistered securities by crypto company Binance.
Record level of British haulage businesses going bust ‘at a rate unheard of’

November 29, 2023

British haulage businesses going insolvent has jumped over the last two years as the fallout of the UK economy has pushed business to go bust.
Law firm RBG Holdings appoints new financial chief

November 29, 2023

RBG Holdings has appointed Kevin McNair as the law firm's new chief financial officer to replace Suzanne Drakeford-Lewis who left after taking a sabbatical.
Bermuda to London: Hunt plots move to supercharge London insurance market

November 29, 2023

The Chancellor, Jeremy Hunt, announced in his Autumn Statement that the Government plans to consult on a new framework to encourage the establishment of captive insurance companies in the UK.
Exclusive: London forex firm founded by ex-Deputy Mayor Rajesh Agrawal shutters customer accounts

November 28, 2023

Canary Wharf-based RationalFX has suspended its services today, as it claims to not be able to return customer funds
Deloitte and KPMG encourage use of burner phones in Hong Kong

November 28, 2023

Some of the Big Four firms are advising its executives not to use their usual work phones when they travel to Hong Kong. According to the Financial Times, Deloitte and KPMG have asked some US-based staff to use burner phones when they visit this territory. The policy has caused staff to be reluctant to visit [...]
Supreme Court to decide on state immunity of sunken treasure

November 27, 2023

The Supreme Court is due to decide on the first case of state immunity over millions of pounds of salvage sunken silver. The ship at the heart of this dispute is the SS TILAWA, which was sunk in the Indian Ocean on 23 November 1942 by two Japanese torpedoes. The ship was travelling from Bombay [...]

City of London gives green light to controversial Liverpool Street plans

Jonathan Barnett: Gareth Bale’s former agent denies ‘sex slave’ claims in full

Bar of the week: Why Three Sheets is a little slice of old Soho

By: Maria Ward-Brennan

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