05/28/2013
Ex-KPMG senior partner to plead guilty to insider trading
Investigators then reportedly tape-recorded Mr London passing on information
Legal,Regulation,Tax & Compliance
05/28/2013
Swiss banks strike deal with US over tax evasion
The Swiss government agreed on Wednesday to create a legal basis that will allow its banks to settle investigations by US authorities into their role in helping wealthy Americans evade billions of dollars in tax.
05/28/2013
Ashurst adds to non-exec trend as ex-UBS and CBA duo join boards
A move that demonstrates the slow but increasing trend for City law firms to bring in non-executive directors to provide outside experience
05/28/2013
Swiss banks strike deal with US over tax evasion
The agreement would give dozens of banks permission to reach settlements
05/27/2013
HMRC Slammed On Tax Credits Errors And Fraud
The PAC also notes that 70 percent of lost revenue is thought to be due to taxpayer error rather than fraud.
05/27/2013
Withers/Speechly merger: Why the tie-up talks unravelled
Withers was considerably further ahead than Speechly Bircham in its international investment
05/27/2013
US requests bank data from Julius Baer
Switzerland is also negotiating a separate deal with the US that aims to put an end to intrusive demands for information and a growing list of criminal proceedings against Swiss banks and their employees.
05/27/2013
Credit Suisse warns of US tax spat escalation if talks fail
Credit Suisse's chairman warned that a long-running tax dispute with the United States over hidden Swiss bank accounts could easily escalate and spill over to rivals if not settled.
05/27/2013
Former Revenue boss lands tax-advice job at Deloitte
The rules of the appointment state that Mr Hartnett will not be able to lobby the Government on behalf of Deloitte for at least a year
05/27/2013
US requests bank data from Julius Baer
The United States has increased pressure on Switzerland to find a lasting solution to the tax evasion row between the two countries
05/27/2013
Withers chairmanship goes to NY partner
Anthony Indaimo is to stand down in July with the firm
05/27/2013
Will China light SJB's way to the US?
There is an unresolved issue in doing merger business in China
05/27/2013
rvey says avoidance worse by UK companies than US - Baker Tilly
While 9% of respondents thought US companies were avoiding paying tax, 17% thought companies in the UK were doing the same.
05/26/2013
Swiss parliament won't vote on details of US tax deal
Negotiations with the United States involving about a dozen Swiss banks appear to be entering a final phase
05/26/2013
French budget minister warns tax evaders to confess now
Parliament will start in June to debate a draft law reinforcing tax oversight that foresees tougher penalties for evaders
05/26/2013
Liechtenstein's Economic Crime Unit Boasts Results
Bilateral cooperation between Liechtenstein and other FIUs has been strengthened in a targeted manner
05/25/2013
FSB halts possible bid by Old Mutual to sidestep commission regulations
The FSB says the registrar of long-term insurance has directed Old Mutual to submit a plan detailing the action that it will take to comply
05/24/2013
HSBC’s Flint apology over money laundering scandal
HSBC chairman Douglas Flint publicly apologised to shareholders yesterday for the bank’s failings after it was fined £1.3 billion in December
05/23/2013
Bank chief probed over secret deals
Austrian executive allegedly used Hong Kong firm to buy Singapore flats
05/22/2013
Little Fine for JP Morgan, Big Fish for UK Watchdog
The Financial Conduct Authority (FCA) has fined J.P. Morgan International Bank Limited (JPMIB) £3,076,200 for systems and controls failings relating to its provision of retail investment advice and portfolio investment services.