03/05/2013
Ex-UBS executive to be tried in online vice ring case
In this case, it will be argued that mens rea is required
Legal,Regulation,Tax & Compliance
03/05/2013
Ikos Co-Founder Sues Hedge Fund Over Software Copyrights
Martin Coward, the co-founder of Ikos Asset Management Ltd., sued his estranged wife’s businesses in a U.K. cour
03/04/2013
Swiss bank Wegelin ordered to pay in U.S. tax evasion case
A U.S. court on Monday sentenced Wegelin & Co, the oldest Swiss private bank, to pay $57.85 million after it admitted to helping wealthy Americans evade taxes.
03/04/2013
Brits With Homes Overseas Face CGT Disaster
Hard-up Brits looking to sell their overseas second homes are being urged to think twice to avoid a double whammy that could leave them out of pocket.
03/04/2013
FSA to crack down on use of investor cash for CEO access - FT
Britain's Financial Services Authority is set to go after asset managers using investors' money
03/04/2013
Tax guru and author launch wealth arm for accountancy firm
The pair are partners at Hillier Hopkins and will aim to build on their long-standing relationships with the firm’s clients.
03/04/2013
Tax guru and author launch wealth arm for accountancy firm
The pair are partners at Hillier Hopkins and will aim to build on their long-standing relationships with the firm’s clients.
02/28/2013
David Cameron: EU banker bonus caps 'must allow banks to succeed in UK'
David Cameron said that he would "look carefully" at the proposed new regulations while defending the UK's position as an international financial hub.
02/27/2013
Hong Kong budget aims to expand fund industry with tax incentives
To attract more private equity funds to domicile in Hong Kong, Financial Secretary John Tsang Chun-wah said the government would propose law changes to extend an exemption from profits tax for offshore funds that invest in overseas private companies and d
02/27/2013
UBS Client, 78, Charged With Tax Evasion
Troost transferred income to his UBS account, evading payment of at least $193,641 in taxes from 2007 to 2009
02/27/2013
UBS Sued by Two Singapore Traders Fired After Rate Probe
They were given no opportunity to defend themselves
02/27/2013
FSA's landmark legal victory over Barclays could see more assets being frozen
The judgement today by the Supreme Court is ‘a clear victory’ for the FSA
02/27/2013
Fraud trial begins at German private bank
The five are accused of misusing bank assets in connection with three real estate deals worth 134 million euros ($175 million), public prosecutors said.
02/27/2013
Liechtenstein Modifies Financial Market Authority Law
The Liechtenstein Government highlights the fact that modifications to the law were deemed necessary
02/26/2013
international law firm boosts private client division
She will be joined from her previous firm by Of Counsel Edward Peck
02/26/2013
Handler Thayer, LLP Named Best Private Client Law Firm In The United States For 2013
The 2013 PAM Awards event, held at Cipriani's 42nd Street Ballroom in New York, attracted a large number of wealth industry professionals from across the United States.
02/26/2013
Michelmores hires OC private client head for Bristol base
This latest hire brings the number of partners at Michelmores’ Bristol office to 53.
02/26/2013
The Number’s Up For European Tax Evasion
The proposals were revealed by the European Commission
02/26/2013
Three arrested in FSA insider dealing investigation
Three men aged 33, 37 and 39 have been arrested and are currently in custody to be questioned in connection with an investigation in to insider dealing and market abuse.
02/25/2013
British Bankers' Association Approves Libor Transfer To New Operator
The absolute priority is to ensure the provision of a reliable benchmark