09/05/2013
Barclays GC hire shows wariness of US-led regulatory world, say partners
Barclays appoints former US Treasury GC as UK banks increasingly seek regulatory skills
Tax
09/05/2013
Bank of America, Merrill in $39 Million Gender Bias Settlement
Bank of America Corp agreed to pay $39 million to settle a gender bias lawsuit by female brokers who claimed they were paid
09/04/2013
Top level exits continue as BLP tax litigation head joins Clifford Chance
The firm said it had reached its “target number” of redundancies
09/04/2013
G20 summit: states chase tax evaders with plan to swap data globally
New treaties will require financial institutions to automatically disclose customer assets to overseas tax bodies
09/04/2013
OECD's Gurría presents G20 Leaders with proposal to tackle tax evasion
OECD Secretary-General Angel Gurría today presented to G20 Leaders ground-breaking proposals to tackle tax evasion and avoidance by both companies and individuals.
09/03/2013
Netherlands Eyes Tax Treaty Update With Developing Countries
The Netherlands has tax treaties with over 90 countries
09/03/2013
Mayfair-Firm Forsters Makes First Lateral hire in two years
Breedy Henderson partner Rosalyn Breedy has joined Forsters and wrapped up the niche private wealth practice she founded in the process.
09/02/2013
FCA slaps Aberdeen over £685m client money failings
Aberdeen fully cooperated with the FCA’s investigation and agreed to settle at an early stage, qualifying for a 30% discount to their fine. Without the discount the fine would have been £10,275,000.
09/02/2013
Swiss private bank group sees U.S. Tax spats resolved by 2015
Hundreds of banks may be covered by an accord between the U.S. and Switzerland over how to punish firms that used accounts to help American clients evade the Internal Revenue Service
09/02/2013
International law firm bulks up in Paris with tax hire
The International law firm is set to launch a French Tax practice after appointing Eugénie Berthet in Paris.
09/02/2013
Saffery decision pays off as fee income rises
The latest figures put the firm 14th on the national league table of accountancy firms.
09/01/2013
KPMG Stays Top of Auditor Rankings List
KPMG has held onto its top spot as auditor for stock market clients with 376 listed clients followed by PwC, Deloitte, EY and BDO respectively.
08/29/2013
U.S., Switzerland forge bank settlement deal amid tax probe
The settlement program will apply to about 100 second-tier Swiss banks
08/25/2013
Merkel Says G20 Needs to Push Harder to Control Hedge Fund Risks
It’s not enough to regulate just banks but not hedge funds and shadow banks and I’ll fight for that
08/25/2013
Swiss government to decide soon whether to keep seeking US tax deal: top diplomat
Switzerland will decide soon on whether to keep pursuing a tax agreement with the United States, an outgoing top diplomat
08/25/2013
UBS Financial Services Agrees To Pay $4.58 Million To Settle A Multi-State Investigation
UBS Financial Services, Inc. has agreed to pay $98,184.84 in civil penalties to the New Jersey Bureau of Securities
08/25/2013
Gun-Toting Woman Leads Philippines Tax Evasion Battle
Kim Henares began carrying a gun eight months after becoming the Philippines’ chief tax collector
08/24/2013
France cannot take any more taxes, government admits
The French are about to discover stinging rises in tax bills in their letter boxes
08/22/2013
UK trio lead as Baker Tilly acquires accountancy rival in pre-pack deal
Baker Tilly turned to Stephenson Harwood for advice on the deal
08/22/2013
FATCA - Registration Portal Opened
Broadly speaking, FATCA imposes a 30% withholding on payments of US source investment income to non-US entity payees absent a certification from such payees as to the identity of their US owners or accountholders, if any.