12/21/2014
Switzerland is introducing a negative interest rate on deposits held by lenders at its central bank, moving to hold down the value of the Swiss franc amid turmoil in global currency markets and expectations that deflation is at hand.
12/21/2014
Gold prices edged higher Thursday after Switzerland's central bank said it would introduce negative interest rates next year and as traders continued to adjust their outlook on US monetary policy.
12/21/2014
The Qatari ruling family has been ordered to pay £38million in stamp duty for the purchase of Chelsea Barracks after using an aggressive tax avoidance scheme to avoid the bill.
12/20/2014
The Bavarian state bank, who were unavailable for comment on Friday, accuses the British billionaire of bribing one of its executives to influence the 2006 sale of Formula One's rights.
12/19/2014
A City of London police spokeswoman declined to comment on the identity of the individual or whether they had been released on bail after questioning, saying only it was an SFO-led investigation.
12/18/2014
Media baron Richard Desmond has won a victory over Credit Suisse and hedge fund group GLG after they settled his £42 million court case over what he claimed was an “incomprehensible” financial investment.
12/18/2014
Withers enters a competitive and growing legal market of serving private clients
12/18/2014
EU leaders attending today’s summit in Brussels will call for a renewed push against tax evasion as cash-strapped nations seek more ways to refill depleted government coffers.
12/18/2014
Switzerland's National Bank will bring in a negative interest rate cutting the value of large sums of money left on deposit in the country.
12/18/2014
The U.S. financial risk council on Thursday requested information on asset managers' key risks as part of an attempt to determine whether the industry poses a threat to markets.
12/18/2014
Switzerland’s big banks, UBS and Credit Suisse, are carefully assessing the Swiss central bank’s move to introduce a negative interest rate on deposits—which could cause each of the lenders to take a direct financial hit.
12/18/2014
SPL, the board of the cell companies that make up the failed Arch Cru funds, took Arch Financial Products to court in November 2013, alleging gross negligence in Arch's role as manager of the funds.
12/17/2014
Aligning Bermuda’s insurance framework to take into account Solvency II standards and initiatives;
12/17/2014
The rules would also require banks, auditors, lawyers, real estate agents and casinos, among others, to be more vigilant about suspicious transactions made by their clients.
12/17/2014
A second change deletes Article 16, paragraph 3 of the Value Added Tax Ordinance
12/17/2014
UBS to Challenge French Ruling at European Court of Human Rights
12/16/2014
Trademark lawsuits can be a little dry, but a California case in the fall has drawn attention not only because it involved John Wayne and a whiskey named “Duke,” but also because it highlights a growing tussle over legal ethics.
12/16/2014
Fortress Switzerland is showing more cracks.
12/15/2014
The watchdog has been visiting firms this year, and will publish a thematic review on due diligence in 2015, encompassing suitability requirements.
12/15/2014
Carey Olsen acts for more LSE main market and AIM clients than any other offshore law firm.