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.
Legal,Regulation,Tax & Compliance
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
02/24/2013
SINNING bankers are paying a £1million donation to help fallen war heroes’
SINNING bankers are paying a £1million donation to help fallen war heroes’ grieving families
02/24/2013
Guidelines on certain aspects of the MiFID suitability requirements
Firms should also make sure that the client understands the notion of investment risk as well as the relationship between risk and return on investments. To this end for instance, firms should consider using indicative, comprehensible examples of the leve
02/24/2013
Norton Rose supports launch of Link - the LGBT Insurance Network
Norton Rose has been instrumental in creating Link - the Lesbian, Gay, Bisexual and Transgender Insurance Network - and is supporting its launch.
02/24/2013
Big Four chastised by Competition Commission
The Commission made clear that auditors are accountable to shareholders first and foremost
02/24/2013
Libor Fixing Scandal: Brussels Adds Swiss Franc Swaps to Probe
The European Commission has expanded its 18-month antitrust investigation to include new currency denominated financial product
02/21/2013
Canadian Securities Regulators' Enforcement Report Highlights Fraud
"CSA members work hard to combat securities fraud and we place particular emphasis in our enforcement work on the violations that constitute fraud."
02/21/2013
Libor setting 'still not clean' despite scandal
The Libor scandal emerged in June last year when UK and US authorities fined Barclays £290m for fixing the key inter-bank interest rate.
02/21/2013
Withers turns to Appleby for pan-Europe investment push
Matthew Feargrieve joins Withers’ Zurich office after three years in the offshore firm’s Swiss base
02/21/2013
Russia loses £52bn a year in tax evasion and illegal transfers, says bank chief
This could be the payment for the delivery of drugs or other goods forbidden to bring in too Russian territory
02/21/2013
Libor setting 'still not clean' despite scandal
He suggested that the rate was often "completely made up"
02/21/2013
Austrian Study Cautions Against New Wealth Taxes
Insisting that new wealth taxes are "utter nonsense" from an economic point of view
02/20/2013
Goldman private wealth client holds suspect Heinz account-filing
The U.S. Securities and Exchange Commission filed a lawsuit against unknown traders last week
02/19/2013
Sound remuneration policies on the AIFMD - Final guidelines released - Withers
The Guidelines follow ESMA’s consultation on the draft remuneration guidelines which closed in September 2012.
02/18/2013
FSA launch adviser charging review
FSA has launched a thematic review into the disclosure and delivery of adviser charging in the post-RDR regulatory landscape
02/17/2013
G20 ‘determined’ to address tax evasion by multinational companies
“We are determined to develop measures to address base erosion and profit shifting.”
02/17/2013
Leumi and Tefahot implicated in Los Angeles tax evasion case
According to an indictment against a former Israeli businessman, the alleged tax evasion took place between 2003 and 2010, and involved the opening of a bank account in Israel.