Deutsche Bank says the benchmark LIBOR rate was rigged by individual rogue traders. But co-CEO Anshu Jain carries some responsibility because he organized the investment banking operation in a way that caused conflicts of interest and allowed the fraud to flourish, Spiegel Online reported. When Anshu Jain had finished his first annual results press conference as co-CEO of Deutsche Bank last Thursday, he tried his hand at a bit of irony.

REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL AND THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE on the application of Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings The European Commission has published its report on the application of the EC Regulation on Insolvency Proceedings, together with proposals for amendments to the Regulation.

EUROPEAN UPDATE: Will German Law and Reform Bring an End to Administrators’ “License to Kill” Licensees? (citation: Adam Gallagher, Riaz K. Janjuah and Dr. Marvin Knapp, Will German Law and Reform Bring an End to Administrators’ “License to Kill” Licensees?, XXXI ABI Journal 11, 28, 90, 92, December/January 2013 - Adam Gallagher, Riaz K. Janjuah and Dr. Marvin Knapp

EUROPEAN UPDATE: Consumer Bankruptcy Law Reform in Germany: Is It Any Good? (citation: Dr. Annerose Tashiro, Consumer Bankruptcy Law Reform in Germany: Is It Any Good?, XXXI ABI Journal 10, 44-45, 90, November 2012) - Annerose Tashiro

Consultations Amendment Act Financial Markets 2014 and System-Relevant Buffer

If there's one nationality the rest of the world thinks it readily and totally understands, it is the Germans. Combine their deep involvement with Nazism and anti-Semitism and, voila!

Entry into force of Intervention Act in the Netherlands/ Inwerkingtreding Interventiewet 28 June 2012

EUROPEAN UPDATE: From Bondholder to Equityholder: Still a Difficult Route in Germany? (citation: Annerose Tashiro, From Bondholder to Equityholder: Still a Difficult Route in Germany?, XXXI ABI Journal 5, 44-45, 84-85, June 2012) - Annerose Tashiro

Introduction

On 19 April 2012 the Ministry of Finance submitted a bill to the lower house of the Dutch parliament providing for the implementation of the Alternative Investment Fund Managers Directive (the "AIFMD") in Dutch law (the "Bill").