11/22/2012
BNP Paribas is urging Investment Trust Boards to begin working through the challenges the rules present or risk a duplication of effort, needless complexity and possible breaches of fiduciary duty.
11/22/2012
The SBA takes note of this decision with regret
11/22/2012
Twenty individuals were indicted in June for their role in the alleged tax fraud.
11/21/2012
The Bundestag’s finance committee, which listed Jain as a witness in a Nov. 12 statement on its website, will hear representatives of banks and regulators on Nov. 28.
11/21/2012
UBS is braced for a record multi-million pound fine for failures in its systems and controls that allowed former employee Kweku Adoboli to conduct Britain’s biggest bank fraud.
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.