10/19/2022
Tax investigators gain access to Deutsche Bank
As has been the case since the investigation began, the bank continues to cooperate fully with the investigating authority.
Legal,Regulation,Tax & Compliance
10/19/2022
EQT publishes prospectus for admission to trading of shares on Nasdaq Stockholm
A prospectus regarding admission to trading of the newly issued shares on Nasdaq Stockholm has been approved
10/18/2022
Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Delisting Notification and Plans to Appeal
At the hearing, the Company intends to present its plan to regain compliance with the Rule to the Panel.
10/18/2022
Credit Suisse Group Reaches Settlement in RMBS Legacy Case
The settlement, for which Credit Suisse is fully provisioned, marks another important step in the bank’s efforts to pro-actively resolve litigation and legacy issues.
10/17/2022
Goldman to fold major business units into three main divisions in sweeping reorganisation
The reorganisation could be announced within days, people familiar with the matter said
10/17/2022
Credit Suisse reaches CHF 500m settlement over RMBS claim
The New Jersey court had sought damages of over $3bn on claims related to its residential mortgage-backed securities.
10/14/2022
What the UK’s updated anti-money laundering rules mean for the art market
This was partly put down to the lack of transparency and complexity of some deals that take place in the sector.
10/14/2022
ABS launches new guidelines for sustainable private banking, wealth management practices
ABS director Ong-Ang Ai Boon said the guidelines will help private banks and their clients in their transition towards a low-carbon economy.
10/14/2022
LDI crisis ‘not a moral hazard issue’, says Schroders group CIO
The UK LDI market faces tightened standards after the recent intervention by the Bank of England, but Johanna Kyrklund believes these products are not ‘about taking risk’.
10/13/2022
Fighting Swiss inflation with a strong franc
A rising franc also risks deflationary effects at home as consumers put-off buying goods that may become cheaper.
10/13/2022
Inheritance tax: Protecting your family business
The risk is that IHT needs to be met from the business itself, which is tax inefficient and could lead to the breakup of the family business.
10/12/2022
Columbia Threadneedle suspended dealing in CT UK Property Authorised Investment fund to Restore Liquidity
Suspension of dealing protects interests of all investors
10/05/2022
Key Takeaways from the UK Regulatory Industry for Q3 2022
The new register will require anonymous foreign owners of UK property to reveal their real identities to ensure criminals cannot hide behind secretive chains of shell companies.
10/05/2022
UBS Hit with Another US Fine
Although UBS conducted annual reviews of its systems, it failed to identify the improper treatment of shares associated with long-selling activities by clients.
10/04/2022
Kim Kardashian Fined For Crypto Promotion
In addition to the fine, Kardashian was ordered to refrain from advertising crypto asset securities for the next three years.
10/03/2022
VAT and the Travel Industry – UK and wider developments
With travel picking up again following the pandemic, now is a good time to think about how the VAT world has changed, what this means for your business and the further changes that may be coming down the line.
10/03/2022
Tax cuts, the Bank of England’s response and our UK outlook
The announcement prompted the largest two-day sell off in gilts on record, the pound hitting a record low against the dollar, and rising risk premia in UK assets, including sovereign credit default swaps.
10/03/2022
Changes to the definition of bank: the evolution of taxation in the financial sector
Although presented as a routine update, the changes widen the range of financial services companies that will need to consider the tax definition of a bank.
10/03/2022
Deloitte Switzerland reports eight per cent growth and further increases its sustainability and technology focus
With the appointment of heads of sustainability and technology to the Swiss Executive Group, a wider talent base and a strong first quarter, Deloitte Switzerland is well equipped to achieve double-digit growth in the current financial year.
10/03/2022
Bank of England monitoring Credit Suisse as market concern rises - reports
Speculation driven by statement