Analyst meaning

High Court judge Martin Spencer handed former ‘know your client’ analyst Damilare Ajao a 20-month term of imprisonment, finding that he knew his accusations of harassment, discrimination and sexual harassment were untrue. He firmly determined that a fine would not suffice for his contempt, and also expressly found that Ajao had inserted clearly fabricated entries into a diary to bolster his account. Judge Spencer concluded that Ajao had purposefully sought to deceive the court, noting that the German bank had established all of the allegations it brought. Ajao had faced proceedings for contempt of...

Elsewhere, the UK Supreme Court granted administrators fresh powers to recover proceeds from fraud. In a separate ruling, the court limited the remit and reach of the US Department of Justice (DOJ). Here, Law360 unpacks the biggest corporate crime and civil fraud cases of the past year in detail. UK Supreme Court overturns traders' rate-rigging convictions In July 2025, the UK Supreme Court set aside the criminal convictions of Tom Hayes and Carlo Palombo, years after the traders were found guilty of conspiring to manipulate the benchmark interest rates Libor and Euribor. The justices unanimously quashed the former City traders’ convictions after deciding that serious procedural errors by the presiding judges in their trials years earlier had rendered the verdicts unsafe. The landmark ruling follows high-profile legal challenges over several years in which the men argued they were scapegoated amid public anger over banker excesses after the 2008 financial crash. The decision not only overturns two prominent cases prosecuted by the Serious Fraud Office (SFO), but also opens...

In other developments, two ex-executives were partly cleared of bribery allegations and the Serious Fraud Office (SFO) struck an eleventh-hour deal with Eurasian Natural Resources Corp (ENRC). A judge also delivered a scathing judgment, concluding a once-favoured investment scheme was nothing more than a £250m Ponzi operation. Law360 sets out the standout corporate crime and civil fraud matters from the last year. Assange walks free after plea In June 2024, Julian Assange flew to Australia as a free man after admitting a conspiracy charge brought by the US Department of Justice (DOJ), drawing a line under his ten-year fight to resist extradition to America. The unexpected resolution followed covert talks and a surprise private bail appearance in London. A session before a US federal judge in the Northern Mariana Islands, in the Pacific Ocean, capped a frenetic week. The pact halted the DOJ’s long-running bid to remove Assange from the UK to face trial for leaking national security information sourced from Chelsea Manning, formerly a US Army intelligence...

STOP PRESS : Significant reforms to the UK prospectus regime came into force on 19 January 2026. The new rules covering public offers of securities and admissions to trading activities in the UK are contained and set out in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs) and the FCA sourcebook, The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). The UK Prospectus Regulation and the FCA Prospectus Regulation Rules have been repealed. The measures aim to streamline capital raising and materially cut the instances when a company is obliged to publish an FCA-approved prospectus for a subsequent share issue. For full information on the changes, see Practice Note: UK prospectus regime reform. This Practice Note reflects the prospectus regime in force prior to 19 January 2026...

This Resource Note sets out the core provisions of Rule 20 of the City Code on Takeovers and Mergers (Code) and signposts key materials, commentary and guidance from the Panel on Takeovers and Mergers (Panel), alongside Lexis+® UK analysis and resources, to provide practical help with interpreting and applying Rule 20. Materials addressed in this Resource Note include: detailed notes accompanying the Code (Notes), which elaborate on how the Rules are intended to operate, and relevant Appendices covering particular issues Practice Statements issued by the Panel Executive (the body undertaking the day-to-day supervision and regulation of takeovers) (Executive), offering informal guidance on the Executive’s usual interpretation and application of the Code Panel Statements published by the Panel (P/S) and Panel Instruments Public Consultation Papers (PCP) and Response Statements (RS) issued by the Code Committee Annual Reports published by the Panel discussing general matters (Annual Reports) relevant Lexis+® UK resources Rule 20—Setting the scene Code and Lexis+® UK resources...

STOP PRESS : Significant changes to the UK prospectus framework took effect on 19 January 2026. The updated rules for public offers of securities and for admissions to trading in the UK are chiefly contained in the Public Offers and Admissions to Trading Regulations 2024, SI 2024/105 (the POATRs), and in the FCA sourcebook titled The Prospectus Rules: Admission to Trading on a Regulated Market (PRM). The UK Prospectus Regulation and the FCA Prospectus Regulation Rules have been revoked. The reforms aim to streamline capital raising and markedly lessen the circumstances in which a company must produce an FCA-approved prospectus for a subsequent issue of shares. For full details of the amendments, see Practice Note: UK prospectus regime reform. This Practice Note reflects the prospectus framework that applied before 19 January 2026. It examines the key methods and materials used to market an initial public offer (IPO) of securities on the Official List of the Financial Conduct Authority (FCA) and the Main Market for listed securities of the London...

[ Insert in para 8.2 of claim form ET1: ] The Respondent employed the Claimant in the role of [ insert job title, eg ‘a financial analyst’ or ‘an insurance sales manager’ ] from [ insert start date of employment ] until [ end date of employment ], [ based at the Respondent’s [ insert details of particular office or location, eg ‘London Headquarters in Canary Wharf ] ]. The Respondent is [ insert brief description of the nature of the Respondent, eg a global investment bank ]...

[ Insert in para 6.1 of response form ET3: ] It is [ accepted OR not accepted OR denied ] that the Claimant worked for the Respondent as [ insert job title, eg ‘a financial analyst’ or ‘an insurance sales manager’ ] from [ insert start date of employment ] until [ end date of employment ] [ at its [ insert details of particular office or location, eg ‘London Headquarters in Canary Wharf’ ] ]. It is [ accepted ] that the Respondent is [ insert brief description of the nature of the Respondent, eg a global investment bank ]. The Respondent disputes that the Claimant was constructively unfairly dismissed [ and/or wrongfully dismissed ], as alleged or at all. [ [ EXAMPLE A (Response to alleged breach of term of trust and confidence): ] It is acknowledged that the Claimant’s contract of employment, dated [ insert date ], contained an implied term that the Respondent would not, without reasonable and proper cause, act...