12/04/2013
The FCA's focus on integrity and in particular investment managers - Withers
On 14 November 2013 the FCA’s chief executive gave a speech which focused on conduct and ethics within firms, which he said poses significant challenges for investment managers in particular.
12/04/2013
Manx Court Rules on Bank Confidentiality
Some 140 bank customers could be affected by a Manx high court ruling on tax disclosure with the Irish Revenue.
12/03/2013
Just under a third of compliance functions in surveyed UK asset management firms have staff who sit with the rest of the business,
12/03/2013
The cartels operated in markets for financial derivatives, which are products used to manage the risk of interest rate movements.
12/01/2013
The strategic objective of the banks in Switzerland, however, remains unchanged: they have been committed to a tax compliant financial centre for several years and want to acquire and manage only taxed assets.
12/01/2013
France has been a vocal supporter of EU attempts to fight tax evasion
12/01/2013
The British Virgin Islands, Gibraltar, Montserrat, the Turks and Caicos Islands and Bermuda have signed tax information sharing agreements with UK Government.
11/30/2013
Credit-default swaps are insurance-like contracts used by traders and investors to bet on the creditworthiness of companies and countries.
11/30/2013
Bank Leumi has increased its provision for the investigation by the US authorities into its activity in Switzerland
In 2012, the bank made provisions totaling NIS 340 million for this contingency, and altogether it has provided NIS 530 million.
11/30/2013
A controversial report last week sought to put a figure on the tax reliefs claimed by landlords.
11/28/2013
A financial adviser has been found guilty of murdering a client and defrauding him of £343,000.
11/27/2013
Caribbean Journal is reporting that The Cayman Islands has signed a tax information exchange agreement with the Republic of Malta.
11/27/2013
The legal case is the latest turn in the U.S. probe of American tax evasion in Switzerland.
11/26/2013
Gold price-fixing scandal: UK's FCA scrutinises $20 trillion gold market
The UK Financial Conduct Authority is scrutinising how prices are set in the $20 trillion gold market.
11/26/2013
UBS said it regarded the raid as "normal" and will continue to cooperate with French authorities, which have also visited the bank's offices in Strasbourg and Lyon as part of the ongoing investigation.
11/26/2013
The FCA has won a legal battle to fine Westwood Independent Financial Planners £100,000 over suitability failings in geared, traded endowment policy sales.
11/25/2013
Wealth manager failed to adequately protect client money, according to notice published by the regulator.
11/25/2013
A PwC survey has found a third of UK asset management firms are unsure they have the resources to cope with growing regulatory demands.
11/24/2013
Swiss banks expect a significant decline in quantum of foreign money managed by them going forward
11/24/2013
The Coalition has no plans to introduce a public register of true owners of companies.