10/08/2014
U.S. Prosecutor Masterminded $37 Billion Bank Penalty Win
Outgoing Attorney General Eric Holder and his former No. 3 Tony West have dominated the limelight following multibillion dollar settlements against JPMorgan Chase & Co.
Legal,Regulation,Tax & Compliance
10/08/2014
Offshore law firm advises Investec Asset Management on funds migration
Offshore law firm has advised Investec Asset Management Guernsey Limited on the migration and re-domiciliation from Ireland to Guernsey of Investec International Funds, a $1.2 billion fund of funds unit trust.
10/08/2014
Elite private banking duo to fight back
The elite private banking duo may take legal action accusing the firm of wrongful termination for their firing last month, their attorney says
10/07/2014
UBS to overhaul legal structure
The new structure should bring the bank in-line with Swiss rules established after the crisis to ensure banks do not become "too big to fail", potentially allowing it to cut back how much capital it must hold to cover possible losses.
10/07/2014
Merrill team ordered to return $6.6 million in signing bonuses to Barclays
The arbitrators did not explain their decision, as is typical in FINRA rulings, but denied the brokers' counterclaims asserting fraud, negligent misrepresentation, and breach of contract to justify keeping the loans.
10/07/2014
Indian, Swiss tax authorities expected to meet over controversial 'HSBC list'
New Delhi wants to exert pressure on the Alp nation following a pact between the world's key economies, G20, for sharing information on bank accounts and tax offenders.
10/07/2014
Indian, Swiss tax authorities expected to meet over controversial 'HSBC list'
Indians can legally have bank accounts in foreign lands
10/07/2014
Former accountant who almost pulled off £23m heist dubbed Scotland's crime of the century has died
ROYSTON Allen, who became a psychology lecturer at Aberdeen University after his release from jail for the audacious scam, was 62.
10/06/2014
Hackers’ Attack Cracked 10 Financial Firms in Major Assault
The huge cyberattack on JPMorgan Chase that touched more than 83 million households and businesses was one of the most serious computer intrusions into an American corporation.
10/05/2014
Tough talk on tax means nothing if every country does different things
Obama and Osborne have been quick to promise an end to avoidance. But this is best achieved through collective action
10/05/2014
Swiss authorities give France documents on 300 UBS customers - SonntagsZeitung
The delivery of the documents was made possible by a revision to the Swiss Tax Administrative Assistance Act that came into force on Aug. 1
10/05/2014
Lending to Limited Partnerships against Capital Calls By Andrew Evans & Philip Abbott
Private equity funds requiring money for investments frequently turn to lenders to bridge the gap between the date when the investment needs to be made and the date of the next scheduled capital call on its limited partners.
10/03/2014
Julius Baer asked for $4.7 mln guarantee in French carbon market probe
Swiss bank Julius Baer has been asked by the French authorities to hand over a 3.75 million euro guarantee to cover potential fines should it be found guilty in a tax fraud investigation
10/03/2014
Family team expands with new Partner hire
She joins the firm from Ashfords where she was a Partner.
10/02/2014
Swiss Tax Burden To Remain Stable
The tax-take accruing to cantons was 6.6 percent of GDP, up from 6.5 percent. The tax-to-GDP ratio for municipalities was unchanged at 4.1 percent.
10/02/2014
Channel Islands Stock Exchange fined £190k
The Guernsey Financial Services Commission launched an investigation into the CISX in February 2012 over concerns that transactions in the listed securities of Arch Guernsey ICC and its cells had been implicated in possible market manipulation and other f
10/01/2014
UBS Said to Pay $1.4 Billion Bail in France Tax Probe
French President Francois Hollande stepped up efforts to fight tax dodgers after a former budget minister was forced to resign
10/01/2014
Swiss bank says cooperating in EU carbon market tax fraud probe
Tax fraud rocked the EU Emissions Trading System in 2009 and 2010
10/01/2014
High Net Worth Family Tax Report - Loeb & Loeb
What You Need to Know About Corporate Inversions
09/30/2014
UBS Sees Fine in Currency Probe as Part of Settlement
UBS AG, Switzerland’s biggest bank, said it may be hit with “material” penalties after authorities investigating alleged manipulation of foreign exchange markets started settlement talks.