03/23/2012

Credit Suisse says bank to meet regulations

Credit Suisse, based in Zurich, and larger Swiss rival UBS AG (UBSN) are under pressure from the nation’s regulators to meet capital requirements that go beyond those faced by international competitors.

03/21/2012

Risks are increasing in quantity and severity - PwC

While concerns about further economic uncertainty continue to be top of mind for business leaders, issues such as fraud and ethics, mergers and acquisitions, large programs, new product introductions, and business continuity were identified among the top

03/20/2012

Thomas Eggar ranked in Top 25 Most Admired

Thomas Eggar’s expert private client team provides a broad range of specialist legal and tax support to individuals in areas including family, wealth planning and tax & trusts.

03/16/2012

Who’s next on HMRC’s hit list?

The media recently seems to have been full of stories about tax avoidance – but do they really mean avoidance or do they mean evasion? It seems to me that the line is getting increasingly blurred.

03/15/2012

Klayman & Toskes continues action against UBS

The Securities Arbitration Law Firm of Klayman & Toskes has announced that it is continuing to pursue securities arbitration claims against UBS Financial Services UBS with the Financial Industry Regulatory Authority's ("FINRA") Office o

03/15/2012

Swiss “Tax Evasion Advisers” Hid Assets, Used Kids

Two Swiss men who acted as “full service tax evasion advisers” helped U.S. clients hide hundreds of millions of dollars from tax authorities, while delivering cash in hotels and through a child courier, prosecutors said.

03/13/2012

Millionaire accused of trying to sell fake wine for $1.3m

Prosecutors in New York charged Rudy Kurniawan, 35, with "multiple fraudulent schemes" relating to his wine business between 2007 and 2012, including attempting to sell fake wine and fraudulently obtaining millions of dollars in loans.

03/13/2012

UBS, Deutsche Bank Fight U.K. Over Taxes on 2003 Bonus Plans

UBS AG (UBSN) and Deutsche Bank AG (DBK) said they don’t owe taxes over a 2003 compensation plan U.K. authorities argue was designed to avoid millions of pounds in taxes and national insurance contributions on employee bonuses.

03/13/2012

Cayman-based firm makes waves here

The Cayman Islands-headquartered law firm wasted no time in launching an aggressive head-hunting campaign, poaching numerous market-leading partners and lawyers from A&L Goodbody, Matheson Ormsby Prentice and Arthur Cox.