04/30/2015
SEC Proposes Rules on Executive Pay and Performance
Rules Would Provide Greater Transparency and Better Inform Shareholders
Legal,Regulation,Tax & Compliance
04/30/2015
Going mainstream: Barclays breaks ground to forge first contract lawyer panel
After establishing a global two-tier panel last year, Barclays has launched a procurement process to formalise its flexible resourcing usage and establish its first contract-lawyer only panel.
04/30/2015
Why did this former UBS banker get $104m ?
Ex-banker and whistleblower Bradley Birkenfeld tells how he came to be the man who ended the tradition of bank secrecy and got rich in the process.
04/29/2015
DeAWM petitions DOL for exemption to manage U.S. retirement assets
DB Group Services pleaded guilty to a criminal charge of wire fraud from the U.S. Department of Justice and will pay a $775 million penalty.
04/29/2015
SEC Announces Award to Whistleblower in First Retaliation Case
To date, the SEC has awarded 17 whistleblowers since its whistleblower program began more than three years ago. Payouts now total over $50 million.
04/29/2015
Northern Trust Hedge Fund Services Announces Portfolio Analytics and Compliance Service
Proprietary reporting engine provides exceptional levels of customization for investment trend analysis and compliance
04/29/2015
Switzerland to return money held in Chen Shui-bian family accounts
Switzerland's Supreme Court has ruled that US$6.74 million (NT$205 million) on deposit in accounts held by family members of Taiwan's former President Chen Shui-bian should be returned to Taiwan
04/29/2015
SEC charges firm that put money with SAC, Paulson funds
The men also sent investors audited financial statements where they failed to disclose almost $3 million in expenses tied to transactions involving other entities.
04/29/2015
Laura Shumiloff awarded Marketing Leader of the Year
Norton Rose Fulbright is delighted to announce that Laura Shumiloff, global director of marketing and communications,
04/29/2015
SEC Awards $600,000 To Whistleblowing Trader Who Faced Retaliation
In the first case of its kind, the U.S. Securities and Exchange Commission awarded a payment to a whistleblower after he experienced retaliation from his employer after he reported alleged misconduct.
04/28/2015
UAE billionaire calls for new rules on succession for Gulf family businesses
Family businesses generate more than 80 per cent of the non-oil gross domestic product in the Gulf, according to accountancy firm PwC, a sector of the economy each nation is trying to bolster, especially in the lower oil price environment.
04/28/2015
Trial of Deutsche Bank Co-CEO Fitschen looms
Jürgen Fitschen and four former executives of German lender Deutsche Bank are accused of falsely testifying in court
04/28/2015
BSI Provides Road Map For Future Swiss Bank Agreements
The BSI nonprosecution agreement demonstrates the extraordinary level of disclosure and cooperation that Swiss banks are required to undertake in order to qualify for such a resolution, and provides a detailed road map for other Swiss banks seeking simila
04/27/2015
The world's top detective for Nazi looted art: Sleuth has tracked down £250million worth of stolen art including priceless works by Picasso, Renoir and Matisse
He currently represents the heirs of renowned art dealer Paul Rosenberg
04/27/2015
People earning £2m more than double share of income tax to 5%
People earning more than £2m a year — a small enough group to fit into the Royal Albert Hall — more than doubled their share of income tax to 5 per cent in the past five years
04/27/2015
HSBC, JPMorgan, Credit Agricole to fight EU charges at June hearing – sources
The European Commission accused the three banks in May last year of manipulating the Euribor interbank offered rate after they refused to settle a case five months earlier, unlike six other banks.
04/27/2015
Taxman gazes at rising stars of high net worth
Revenue & Customs is stepping up its scrutiny of the rising stars of sport, investment banking and entrepreneurial business
04/27/2015
Thousands of managers "may be breaching Swiss rules"
The firm estimates that it will require a minimum of €1 million a year for each independent asset manager to become registered independently
04/24/2015
RBC Wealth Management fined $1 million for lax oversight of sales tactics
RBC previously made unspecified payments to more than 100 customers who sued the firm in California.
04/24/2015
Whistleblower receives more than £1m
The US Securities and Exchange Commission has paid a compliance officer between $1.4m and $1.6m