05/20/2015
Barclays has agreed to pay a combined total of £1,533 million (sterling equivalent). In common with other financial institutions announcing FX settlements today with the DOJ, Barclays has also agreed to plead guilty to a violation of US anti-trust l
05/20/2015
One rule-breaker said "if you ain't cheating, you ain't trying", while others used hand signals to cheat clients and fix financial markets
05/20/2015
Five major banks are forced to pay £3.7bn after a US investigation into the manipulation of the foreign exchange market.
05/19/2015
Confidentiality concerns grow pre-global tax evasion push
Governments and tax partners need to work to ensure confidentiality is protected when new international tax transparency rules come into force in 2017, according to OECD director, Pascal Saint-Amans.
05/19/2015
He has filed a defamation suit against French daily Le Monde over Swissleaks reports the US actor says incorrectly stated he owned a secret Swiss account, his lawyer said Monday.
05/18/2015
The owner of fashion brands Gucci and Yves Saint Laurent has accused Alibaba Group in a lawsuit of profiting from sales of counterfeit goods despite the Chinese e-commerce giant's pledge to combat the trade in fakes.
05/15/2015
he US Department of Justice (DOJ) is investigating UBS sold forex structured products
05/15/2015
The issue assumes significance for India, as it has been probing various cases of people having allegedly stashed illicit funds in Swiss banks.
05/15/2015
If you are American and have a non-U.S. bank account, chances are that you’ve received a letter from your bank asking for your tax details.
05/14/2015
FINRA also found that the firm's supervisory system was not reasonably designed to detect and prevent such violations.
05/14/2015
Some observers think Lionel Messi is getting easy treatment from Spanish officials.
05/14/2015
The Federal Reserve Board is barring five former private bankers and senior managers of Credit Suisse, AG, Zurich, Switzerland from employment in the banking industry.
05/14/2015
It's hard enough in this day and age to keep your credit card information safe, but imagine if a bank employee was using your credit card to track your every move.
05/13/2015
US House of Representatives votes to repeal estate tax
On 16 April the House of Representatives voted to repeal estate tax, currently 40% with a $5.5 million exemption for individuals and an $11 million exemption for couples.
05/13/2015
Current international tax rules are based on principles that have not kept up with globalisation and the rise of the digital economy.
05/12/2015
The parent companies or main banking units of as many as five major banks, rather than their smaller subsidiaries, are expected to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates
05/12/2015
Appointments Underline Expertise in Environmental, Social and Governance Investing
05/12/2015
It is also very likely that the new government will at some point increase the charge which non-doms who have lived in the UK for at least 7 years must pay to enjoy the remittance basis.
05/12/2015
The move by the U.S. would be a first for the industry, making good on a March threat by a senior Justice Department official to revoke such agreements and putting banks on notice that these accords can be unwound if misconduct continues.
05/11/2015
The Aftermath Of A Leak: What's Next in the HSBC Suisse Tax Evasion Saga?
JURIST Guest Columnist Shu-Yi Oei of Tulane University Law School discusses tax evasion investigations and possible criminal charges against HSBC's Swiss private banking unit...