05/13/2013
Wealth manager issued final notice by FCA
The Financial Conduct Authority (FCA) has issued a final notice to a discretionary and wealth manager based in Warwickshire.
Tax
05/12/2013
HSBC fears ‘significant’ penalty in NRI tax evasion probe
The US tax department is investigating possible evasion of federal income taxes.
05/12/2013
G7 nations agree to tackle tax evasion
Finance ministers meeting in UK say collective action is needed to ensure firms and individuals pay the tax they owe.
05/12/2013
TV presenters, bankers and government advisers among 1,000 Britons linked to tax havens
It also includes Goldman Sachs and Coutts, The Queen's bank
05/12/2013
Henderson in-house team shrinks amid shift to using law firms more
Henderson Global Investors’ UK in-house legal team has shrunk by nearly 30 per cent in the past year following a shift to farming out more of its lower-level work to law firms.
05/12/2013
Another Swiss Private Bank confirms U.S. tax-cheat probe
The DOJ now is investigating a number of other Swiss banks
05/12/2013
Barclays wins dismissal of U.S. shareholder lawsuit over Libor
The lawsuit had sought class-action status
05/12/2013
International tax charter published
Taxpayer rights and responsibilities aims to work as a blue print for a better tax system that can be adapted
05/11/2013
UK's top companies condemned for prolific use of tax havens
Raising fresh concerns about the full extent of corporate tax avoidance
05/09/2013
Ex-Dewey tax partner exits Linklaters' Washington base for KPMG
Linklaters Washington DC tax partner Joseph Pari has left for KPMG
05/09/2013
BLOOMBERG CEO: It Was A Mistake To Let Our Journalists Have Access To Clients' Bloomberg Terminal Data
Wall Street has been buzzing about a bombshell New York Post story
05/08/2013
Ex-UBS Executives Deserve More Than 11 Years, U.S. Says
Three former UBS executives convicted of bid-rigging
05/08/2013
KPMG faces double inquiry by reporting watchdog
whether it had committed an ethical breach “in relation to the non-timely disposal of a shareholding
05/08/2013
Hedge-fund billionaire Falcone agrees to SEC ban
Hedge-fund mogul Phil Falcone has agreed to a two-year ban from serving as an investment adviser after the Securities and Exchange Commission charged him with fraud last year.
05/07/2013
Linklaters boosts Washington tax practice with Bingham partner duo
Strengthened its US tax practice with the hire of a partner duo
05/07/2013
Canada Revenue Agency to create ‘SWAT team’ to help fight tax evasion
Conservatives are facing mounting pressure to do more to combat the multi-billion-dollar problem of offshore tax evasion
05/07/2013
Spanish court refuses to extradite ex - HSBC man
Spanish court says Swiss charges against Herve Falciani cannot be used to protect suspected illegal acts
05/07/2013
Tax scandal threatens charity donations
Donors were suspected of claiming millions in tax relief through an abuse of the Gift Aid scheme
05/06/2013
Increased Regulatory Scrutiny of Trading by Directors Associated With Funds
Securities and Derivatives Enforcement and Regulatory Update
05/06/2013
APRA Update: Clarity welcome on liquidity, but uncertainty remains in key areas - KPMG
APRA’s update on revised liquidity requirements offers greater clarity in respect to the liquidity levels banks and other ADIs will be expected to hold, however a number of important issues remain unresolved.