06/27/2013
Switzerland charges man with selling bank's client data to Germany
Swiss prosecutors have charged a German IT expert with selling client data from private bank Julius Baer
Legal,Regulation,Tax & Compliance
06/27/2013
Former Swiss banker pleads guilty to U.S. tax evasion
A former Swiss banker faces up to five years in jail after pleading guilty to dodging U.S. taxes and paying a $1.5 million fine before being sentenced, the U.S. Department of Justice said on Friday.
06/26/2013
UBS French unit hit with €10m fine
UBS and its French branch are being formally investigated for allegedly helping wealthy clients open undeclared bank accounts in Switzerland.
06/26/2013
Brazil's ruling party to propose tax on large fortunes
Tax plan is part of strategy to win voter support
06/26/2013
India to blacklist tax havens not sharing info
Switzerland, UAE, Hong Kong and Singapore will find it difficult to do business with Indians
06/26/2013
Harper Government Announces New Requirements for Canadians With Offshore Property and Income
Our Government is committed to combating tax evasion and getting tough on tax cheats.
06/26/2013
Private Weath Team Of The Year
private wealth team features lawyers in several jurisdictions with London as a hub.
06/26/2013
Brevan Howard trader linked to Libor probe leaves hedge fund
A trader allegedly connected to a global rate-rigging scandal has left hedge fund Brevan Howard
06/26/2013
OFT publishes BlackRock-Credit Suisse decision
Anticipated acquisition by BlackRock of the exchange traded funds business of Credit Suisse
06/25/2013
Switzerland “compliant” for Basel III bank capital
The standards were drawn up in the wake of major banks around the world finding themselves in difficulties
06/25/2013
Solicitor leads the way with private client role
A North East law firm is welcoming a new solicitor to lead its Private Client Services division.
06/25/2013
France Tweaks Wealth Tax Cap
The French Government has published an instruction stating that interest derived from euro fund life insurance policies,
06/25/2013
Walker Morris appoints former Deloitte chief as non-exec
Walker Morris has named former Deloitte managing partner Stuart Counsell as its first non-executive board director
06/25/2013
HMRC confirms VAT exemption on discretionary transactional fees
It stated that VAT should not be levied on fees charged strictly on a transaction by transaction basis
06/25/2013
Global ETF regulation proposed
The International Organisation of Securities Commission (IOSCO) has issued a report outlining how it wants exchange traded investment vehicles regulated globally.
06/24/2013
Barclays calls lawyers in for cost-cutting summit
Barclays’ external legal advisers are expecting widespread spending cuts by the bank’s legal function as part of its Transform Programme
06/24/2013
Surveying the wreckage of torpedoed Swiss-US tax deal
House of Representatives finally threw out plans to allow banks to pass over confidential data to the US.
06/24/2013
Swiss Court Blocks Credit Suisse From Sending Data on Employee To US
Douglas Hornung, an attorney representing the unnamed Credit Suisse employee, said he won an interim ruling in January blocking Credit Suisse from transferring the data. That ruling was confirmed by the civil court in Geneva on Friday, Mr. Hornung said.
06/24/2013
Libor scandal: regulators launch global review
Mark Carney, chairman of the Financial Stability Board and incoming Governor of the Bank of England
06/23/2013
Barclays under German taxman's gaze over tax credits
German tax authorities are investigating Barclays over the use of legal loopholes