11/02/2014
Wall Street firm tests entire department for drugs
$7m-a-year investment banker stands accused of forcing his wife to binge on cocaine then have sex with a potential client in foursome at the Ritz
Legal,Regulation,Tax & Compliance
11/02/2014
High-flying British banker arrested after two sex workers found dead
The 29-year-old who works for a top bank was arrested after the two women were discovered in a luxury apartment building
11/02/2014
Tougher disclosure rules for offshore accounts held by 'non-doms' once single tax reporting standard in force
Jason Collins of Pinsent Masons, the law firm behind Out-Law.com, was commenting as 51 countries signed an agreement that will activate the Common Reporting Standard for automatic exchange of financial account information in tax matters
10/31/2014
Saudi Sheikh launches $10bn lawsuit against Barclays over banking licence fraud
Claims Barclays 'hatched a fraudulent' scheme
10/31/2014
Swiss Financial Regulator Pledges Crackdown on Individuals
Switzerland’s financial services watchdog pledged to crack down on individuals suspected of misconduct, abandoning what the regulator has called a historical “reluctance” to target people rather than institutions.
10/31/2014
Dubai court orders Swiss Private Bank to pay $10.45 mln to members of Kuwait's wealthy Khorafi family
A judgement accompanying the award said that the defendants falsified accounts.
10/31/2014
Black money case fallout: India pulls out of multilateral information sharing agreement
Government sources said that India was unable to sign the pact as there was uncertainty about disclosures and lack of clarity
10/31/2014
Retired City banker stole £5m from parishioners to fund gambling habit and told one victim: God said I should call you
The married father of three, a former magistrate, has now been jailed for six years
10/31/2014
The Financing of Corporate and Private Aircraft
Some Cayman Islands Considerations
10/31/2014
Hedge fund manager 'disappears' after bank mistakenly wired $1.5 million into his account
Joseph B. Galbraith received $1.5 million from Credit Suisse in January
10/31/2014
Trial of former UBS executive dredges up Swiss banks' shady past
Weil's main defense has been that these efforts were done by people below him
10/30/2014
Major new steps to boost international cooperation against tax evasion - OECD
A status report on committed and not committed jurisdictions will be presented to G20 leaders during their annual summit in Brisbane, Australia on November 15-16.
10/29/2014
Gilbratar Joins Landmark Tax Transparency Drive
Gibraltar will today sign an international agreement with at least 45 other countries to swap tax information automatically with each other from 2017.
10/29/2014
Bank-Data Sharing Accord Expands Push to Find Tax Cheats
The accord to be signed by finance ministers in Berlin today signals global determination by governments to capture tax revenue after the U.S. pursued banks such as Credit Suisse for helping Americans cheat on their taxes and German authorities bought CDs
10/29/2014
Narendra Modi Government Submits 'Black Money' List With Over 600 Names To Top Indian Court
Several activists have alleged that the income derived from India’s flourishing black money economy is used to fund election campaigns of a number of politicians.
10/28/2014
Former governor of Central Bank of Cyprus jailed for tax evasion
He was the first senior official to be sent to prison on charges involving financial crimes following the near-collapse of the Cypriot economy in early 2013.
10/28/2014
Switzerland, India Differ On Bank Account Disclosures
A Swiss official says there is a disagreement with the Indian government as to 'what exactly will have to be disclosed'
10/28/2014
HMRC's Explains Relationship With High Net Worths
The guide adds that HMRC has begun issuing "follower notices" and "accelerated payment" notices to those involved in tax avoidance schemes.
10/27/2014
Black Money Trail: Govt Discloses 3 Names With Swiss Accounts
The government has disclosed to the Supreme Court the names of three persons who allegedly deposited black money abroad.
10/26/2014
Deloitte named a leader in Global Risk Management Consulting services by Gartner
Cyber Risk Services and Crisis Management round out broad portfolio Deloitte considers cyber risk services to rank among its most important offerings in the marketplace.