04/28/2013
Deutsche Bank's Fitschen: Zero Tolerance for Tax Evasion-Report
Germany's largest bank has established very restrictive measures against tax evasion
Legal,Regulation,Tax & Compliance
04/28/2013
UK companies accused of money laundering in Magnitsky probe
Evidence that the UK system has been abused prompted one MP to demand the Government
04/27/2013
Reckless bankers will be jailed
The government’s banking commission is considering legislation which would see reckless bankers jailed
04/27/2013
Soon, US to get info on Americans' assets in India
US tax authorities may soon get access to all significant assets and accounts
04/26/2013
Court gives final OK to Merrill deferred compensation settlement
The suit, filed in 2010, stems from Merrill's merger with Bank of America in September 2008.
04/26/2013
CoA throws out Linklaters client Commerzbank's bonus appeal
The claim was launched in September 2009 after Dresdner Kleinwort reneged on promises to hand over bonuses it had promised to mitigate the risk of significant staff defections.
04/25/2013
FCA warns managers on cashing in on clean fee shares
The FCA has told fund managers to expect a further clampdown on charges
04/25/2013
FCA sets out new rules for the platforms industry
The Financial Conduct Authority has published rules to make the way that investors pay for platforms more transparent.
04/25/2013
FCA sets out new rules for the platforms industry
The Financial Conduct Authority has published rules to make the way that investors pay for platforms more transparent.
04/24/2013
Swiss accuse EU of protecting financial markets
Markets should be kept open to keep EU industries fit and competitive.
04/24/2013
Bank of Ireland loses court battle with HMRC over subsidiary's £30m tax bill.
The case centred on the bank's transfer of a swap contract to another subsidiary
04/23/2013
Addleshaw Goddard strengthens asset based lending capability
The law firm said a asset-based lending specialist has joined its banking group as a partner, effective May 1
04/23/2013
France probes HSBC tax fraud claims
France has opened a probe into whether HSBC offered illicit products to help French clients avoid tax in Switzerland
04/23/2013
Deutsche Bank sued for $8bn over 'sexy, crazy trades'
A billionaire investor’s business was “destroyed by a tsunami”
04/23/2013
EFG Private Bank reaches settlement with Financial Conduct Authority
EFG Private Bank is disappointed that shortcomings were found relating to the period December 2007 to January 2011, even though it has found no evidence that money laundering actually took place.
04/23/2013
Norton Rose announces 33 global partner promotions ahead of US combination
For the second consecutive year, female partners accounted for a strong percentage of all promotions (42% this year and 44% last year).
04/22/2013
Luxembourg supports Britain's legal challenge to Financial Transaction Tax
The finance minister of Luxembourg has thrown his weight behind Britain’s legal challenge of Europe’s controversial financial transactions tax
04/21/2013
OECD reports new developments in tax information exchange
The report covers three strategic initiatives
04/21/2013
Three more banks to be punished by Financial Conduct Authority for Libor scandal
THE Financial Conduct Authority (FCA), the City’s new watchdog, expects to fine three more banks for Libor manipulation before the end of the year.
04/21/2013
As U.S. Settlement For 300 Swiss Banks Dawns, Prosecution Risks Remain
Sometimes the U.S. government shakes it menacingly. See With Indictments, IRS Will Get More Data From Swiss.