07/14/2013
Serious Fraud Office charges two more brokers
They were arrested in December, along with former UBS and Citigroup trader
Tax
07/14/2013
Matrix goes global with Geneva launch
Gray’s Inn set Matrix has set out plans for expansion overseas after launching its first international office in Geneva.
07/14/2013
Bakers' new London head puts lawyers 'in clients' shoes' for first term
The new plan, unveiled under the catchline ‘Collaborating to Win’, puts greater collaboration at the heart of revenue generation.
07/14/2013
FCA cancels IFA's permissions for failing to act in clients' interests
The regulator said Gloucestershire-based Moseling had failed to comply with an award made against him by the Financial Ombudsman Service
07/13/2013
Ex-Goldman trader’s fraud trial due to begin
According to the SEC, the wolf in question is John Paulson, a hedge fund billionaire who enlisted the help of Goldman Sachs to bet against the sub-prime mortgage market using an insurance product called a credit default swap.
07/12/2013
TAX EVADERS BEWARE: Swiss Banks Are All Set To Give Info To U.S. Authorities
In 2009, the U.S. hit another Swiss bank, UBS, with a $780 million fine and took information on derelict depositors.
07/12/2013
Cable to push for disqualification of disgraced bankers
The measure is intended to restore faith in companies and their directors as a whole.
07/12/2013
Credit Suisse fined for 'false order' error
The Australian Securities and Investments Commission's disciplinary panel said it was the second time the group had been fined over failures with its automated trading platform.
07/09/2013
International law firm hires consultant for wealth planning practice
She has over 15 years experience in corporate and charity law, counting among her experience acting as legal counsel at one of the largest private charity foundations in Hong Kong.
07/09/2013
UK Wealth Management founder sets up legal services firm
IFA firm UK Wealth Management founder Peter Jones has set up a legal services company that allows advisers to become partners in the business
07/09/2013
SEC Approves JOBS Act Requirement to Lift General Solicitation Ban
The Securities and Exchange Commission today adopted a new rule to implement a JOBS Act requirement to lift the ban on general solicitation or general advertising for certain private securities offerings.
07/08/2013
International law firm turns to Withers for London private client hire
She is qualified in England & Wales, the Cayman Islands and the British Virgin Islan
07/08/2013
Thomson Reuters Suspends Early Distribution of Consumer Data
The news and information company has an agreement with the University of Michigan to allow some of its clients to receive the data 2 seconds before its other clients
07/08/2013
The Clifford Chance Millionaire Partners Still Envious
Clifford Chance may have suffered from a fall in partnership profits, but it hasn’t prevented the partners taking home £1 million each.
07/07/2013
Capital requirements for banks' equity investments in funds - consultative document
The Committee believes the revised standard will more appropriately reflect the risk of a fund's underlying investments and its leverage.
07/07/2013
OECD set to target tech giant tax evasion strategies
Corporate tax avoidance has become a hot political issue following public outrage over revelations in the past year
07/07/2013
PRA and FCA welcome Internal Audit guidance
The regulatory authorities welcome the publication, by the Chartered Institute of Internal Auditors, of the guidance
07/06/2013
EU plots transatlantic bank regulator
The European Union is to push for an agreement on banking and financial services as a key part of this week’s historic trade talks with the US
07/06/2013
US Can’t Keep FATCA Promises, Claim Opponents
Campaigners lobbying against the US Foreign Account Tax Compliance Act
07/06/2013
Inquiry into Vatican bank chief dropped
The two directors left the bank on Monday last week after the arrest of a senior cleric who is accused of plotting to smuggle millions of euros into Italy from Switzerland.