A NOTEPAD ON COMPANY AND FINANCIAL LAW, NEWS AND REGULATION
According to research by the law firm Pinsent Masons, the Serious Fraud Office has not carried out a single dawn raid since its flawed search of the offices of the Tchenguiz brothers in early 2011.
That compares to a much greater level of activity in the preceding years, says Pinsents:
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The unravelling of the Greek economy’s infrastructure continues, with the brokerage firm Newedge informing clients that it will only process sell orders on Greek shares and will not extend margin loans on positions in Greek securities (Financial Times), and (more ominously) the large credit insurer Euler Hermes stating that it is reviewing coverage for exports to Greece (Bloomberg).
UPDATE 30 May 2012: Euler Hermes pulls cover on exporters to Greece
See also: A Eurozone exit: forex traders and retailers prepare
How would Greece actually carry out a Eurozone exit?
A Eurozone exit: Legal implications for companies and businesses
