05/14/2013
'We can't push a mountain': FCA issues rallying call to advisers
Being a reactive regulator no longer works
Legal,Regulation,Tax & Compliance
05/14/2013
OECD sees action on corporate tax avoidance
International leaders are moving closer to taking action on corporate tax avoidance
05/13/2013
Ex-BlackRock Star Held In City Trading Probe
A former star fund manager at BlackRock was arrested last month as part of an insider trading probe, Sky News learns.
05/13/2013
Bingham raids White & Case in Tokyo for seven lawyer funds team
The firm’s history in Tokyo dates to 1997.
05/13/2013
Austria edges towards ending banking secrecy
Austria has been the last EU holdout on bank secrecy after Luxembourg changed tack last month
05/13/2013
New tax practices unlikely to put S'pore at disadvantage: analysts
There are concerns whether the changes announced on 14 May 13 will severely impede funds from coming into Singapore.
05/13/2013
Finance ministers fail to reach deal on tax avoidance
But they agree mandate for Commission to negotiate on bank transparency with five non-EU countries.
05/13/2013
Wealth manager issued final notice by FCA
The Financial Conduct Authority (FCA) has issued a final notice to a discretionary and wealth manager based in Warwickshire.
05/12/2013
HSBC fears ‘significant’ penalty in NRI tax evasion probe
The US tax department is investigating possible evasion of federal income taxes.
05/12/2013
G7 nations agree to tackle tax evasion
Finance ministers meeting in UK say collective action is needed to ensure firms and individuals pay the tax they owe.
05/12/2013
TV presenters, bankers and government advisers among 1,000 Britons linked to tax havens
It also includes Goldman Sachs and Coutts, The Queen's bank
05/12/2013
Henderson in-house team shrinks amid shift to using law firms more
Henderson Global Investors’ UK in-house legal team has shrunk by nearly 30 per cent in the past year following a shift to farming out more of its lower-level work to law firms.
05/12/2013
Another Swiss Private Bank confirms U.S. tax-cheat probe
The DOJ now is investigating a number of other Swiss banks
05/12/2013
Barclays wins dismissal of U.S. shareholder lawsuit over Libor
The lawsuit had sought class-action status
05/12/2013
International tax charter published
Taxpayer rights and responsibilities aims to work as a blue print for a better tax system that can be adapted
05/11/2013
UK's top companies condemned for prolific use of tax havens
Raising fresh concerns about the full extent of corporate tax avoidance
05/09/2013
Ex-Dewey tax partner exits Linklaters' Washington base for KPMG
Linklaters Washington DC tax partner Joseph Pari has left for KPMG
05/09/2013
BLOOMBERG CEO: It Was A Mistake To Let Our Journalists Have Access To Clients' Bloomberg Terminal Data
Wall Street has been buzzing about a bombshell New York Post story
05/08/2013
Ex-UBS Executives Deserve More Than 11 Years, U.S. Says
Three former UBS executives convicted of bid-rigging
05/08/2013
UK tax evasion action hunt identifies 100 individuals
A joint investigation by the UK, the US and Australia to identify those using offshore tax havens to hide wealth has uncovered more than 100 people.