11/21/2012
Consultation on the paper ‘Ensuring the fair taxation of residential property transactions’ has now closed and draft legislation is expected ‘on or before’ 11 December 2012.
11/20/2012
Mathew Martoma was charged in U.S. District Court in Manhattan with using confidential information about an Alzheimer's disease drug trial
11/20/2012
Shadow banking is a catch-all term for an industry that encompasses hedge funds, private equity firms and structured investment vehicles, which blossomed outside the conventional bank sector during the past decade.
11/20/2012
Britain's banking lobby group is under pressure to consider a merger with another trade body
11/20/2012
Charging a percentage of assets is preferred charging model (76%), followed by fixed fee basis (49%)
11/20/2012
He will focus on international tax, probate, and trust and estate planning, with a particular focus on US persons and property.
11/19/2012
HSBC Geneva acts: I-T department approaches Swiss authorities
The I-T department has initiated the step in order to build water tight case
11/19/2012
UBS ex-managing director charged in French tax probe
The others charged include the former head of a UBS office in the northern city of Lille
11/19/2012
A conman who seduced a wealthy woman out of more than £600,000 by posing as a retired Goldman Sachs billionaire was jailed.
11/19/2012
Downing Street has fuelled speculation that the Chancellor will announce a rise in stamp duty for the most expensive homes in next month's Autumn Statement.
11/19/2012
Model 2 essentially builds upon the foundation of Model 1 with some significant differences
11/19/2012
The US is guilty of behaving like a bully on FATCA and the UK government should have the courage to say so, says CISI
11/19/2012
Jury convicts Kweku Adoboli of one count of fraud in relation to £1.5bn trading loss at one of world's best-known banks
11/18/2012
The SEC has advised that its investigation relating to Credit Suisse’s due diligence and corresponding disclosures on historic RMBS transactions will not be pursued.
11/15/2012
In 2010, the Foreign Account Tax Compliance Act (FACTA) was passed. In essence, it is a program aimed at uncovering undeclared income hidden by Americans in banks around the world.
11/15/2012
A court date has been set down for the end of the month, bringing to a climax a four-year battle between the parties.
11/15/2012
Britain's financial watchdog has warned global banks in London that it expects to see them “claw back” deferred bonuses from bankers involved in the recent scandals that have rocked the industry.
11/15/2012
Stournaras wrote to U.K. Chancellor of the Exchequer George Osborne asking for the information, according to an e-mailed statement from the Athens-based Finance Ministry.
11/14/2012
Thatcher, who has a multi-million euro villa in the exclusive Madronal development, near Benahavis, has also been fingered.
11/14/2012
Swiss banks have vehemently refuted claims by Germany’s main opposition parties that alleged German tax evaders are transferring their assets en masse to other so-called “tax havens”