10/22/2013
Bankhall launches workshops for compliance officers
It comes as the FCA increases its focus on Retail Conduct Risk and the need for firms to identify and review emerging risks and act upon any gaps identified.
Legal,Regulation,Tax & Compliance
10/22/2013
HMRC may impose VAT on platform charges
HM Revenue & Customs is investigating whether platform charges should be subject to VAT.
10/22/2013
FCA naming and shaming: is it right?
Firms under FCA investigation would not be named until it had decided to take action.
10/21/2013
Advisers eye execution-only offerings despite FCA scrutiny
Half of advisers have thought about launching an execution-only proposition following the introduction of the Retail Distribution Review
10/21/2013
German prosecutors search UBS's local offices in tax probe
The move is part of a broader campaign by the German authorities to fight tax evasion, following similar raids to unearth possible untaxed funds hidden in accounts at Credit Suisse and Julius Baer.
10/21/2013
Ukraine, EU to establish automatic exchange of tax information
Experts say the automatic exchange of tax information between Ukraine and the EU will provide additional opportunities to address the hiding of income in other countries and tax evasion.
10/20/2013
Fugitive UBS banker arrested in Italian luxury hotel
He was arrested at the hotel and he is now being held in prison
10/20/2013
France probes foreign tyrants' wealth
France is delving into what it calls the "bien mal aquis"
10/20/2013
Linklaters relocates Stockholm PE head following Bagshaw and Youle exits
The pair are set to leave the magic circle firm at the end of December to join the London office of White & Case.
10/20/2013
Russian Court Rules Not to Reopen Posthumous Magnitsky Case
Magnitsky was found guilty of tax evasion this summer, almost four years after he died in pre-trial detention in Moscow.
10/19/2013
Tax and transfer pricing: Issues in Asia
Multinational banks, asset managers and insurers active across the Asia-Pacific region face particular challenges in demonstrating compliance and agreeing acceptable arrangements
10/19/2013
Deutsche Bank talking to 50 employees over Libor - paper
The staff are being allowed to bring lawyers or witnesses to the talks
10/19/2013
Down and out: the French flee a nation in despair
The failing economy and harsh taxes of François Hollande's beleaguered nation are sending thousands packing - to Britain's friendlier shores
10/17/2013
Appointment Strengthens Geldards’ Private Client Team
Geldards is set to strengthen its nationally recognised Private Client team with the appointment of Claire Johnson as a Partner.
10/16/2013
Ireland To End ‘Stateless’ Tax Avoidance Gimmick, Leave Others Untouched
Budget proposal would “ensure that Irish-registered companies cannot be ‘stateless’
10/16/2013
Barclays fund 'lowered' Libor for profit - court papers
An investment fund owned and run by Barclays attempted to manipulate UK borrowing rates for its own profit
10/15/2013
Switzerland signs last rites for banking secrecy
The signing comes after the Swiss Federal Council approved the MultilateralConvention on Mutual Administrative Assistance in Tax Matters on 9 October.
10/15/2013
Belgian Police raid homes of HSBC Swiss bank clients in tax probe
They said 90 federal agents were tasked with establishing what part HSBC Private Bank's Swiss arm in Geneva might have played in the administration of its Belgian client base.
10/15/2013
Spain's Anti-Tax Fraud Law Reaps Results
Measures aimed at combating tax and social security fraud in Spain, provided for notably within the framework of the Government's anti-tax fraud law
10/15/2013
FCA Kicks Off High Court Battle Against Unregulated Schemes
The Financial Conduct Authority has kicked off its High Court battle against 16 parties involved in unregulated investment schemes it alleges to be operating illegally.