12/13/2013
It advocates stronger controls on the Vatican's bank - whose main purpose is to provide financial services for Vatican employees and religious groups - and another financial office.
12/11/2013
Five years ago today, Bernie Madoff was arrested for running the largest Ponzi scheme.
12/10/2013
Barclays shares ActionAid’s belief that companies and individuals should pay the right amount of tax in the countries in which they generate revenue.
12/10/2013
The first Swiss banks have signalled their readiness to work with U.S. officials
12/09/2013
Under the new annual return regime, registered charities will be obliged to provide additional key information to the Commission
12/09/2013
It is sometimes asserted that the Basel capital framework prescribes a zero risk weight for bank exposures to sovereigns.
12/09/2013
Overall, 49% thought that no regulator had succeeded in this respect, with a majority of respondents in the US and the UK holding this view.
12/09/2013
Valiant Holding AG on Monday became the first Swiss bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.
12/09/2013
York-based firm G & E Wealth Management is the latest to have been targeted by scammers impersonating the company's advisers, the Financial Conduct Authority has warned.
12/07/2013
Credit Suisse Group AG, the second-largest Swiss bank, is in discussions with its regulator that may lead to a demand for more capital tied to litigation risks
12/04/2013
If a firm can retain its BIPRU classification it would avoid the application of the controversial bonus cap provisions which are part of CRD IV, (see Regulatory Watch, October 2013).
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.