02/19/2015

Scots law firm sued after £400m hedge fund collapse

Heather Capital's liquidator, Paul Duffy of Ernst and Young on the Isle of Man, has launched a series of lawsuits against firms of lawyers and accountants which carried out work for the hedge fund and its affiliates before their collapse.

02/16/2015

GFSC signs MoU with Luxembourg

The MoU has been signed in the spirit of mutual cooperation and information exchange seen as crucial by the G20 countries and international standard setters for financial services supervisors.