05/26/2014
The question remains if any other Swiss bank will suffer the same fate as Wegelin, that was forced to dissolve after being convicted by a criminal court at the beginning of 2013.
05/23/2014
Wealthy Americans used to have no shortage of places to hide their assets from tax collectors
Government efforts to combat offshore tax evasion are making it harder for the well-off to dodge the Internal Revenue Service.
05/23/2014
International law firm hires leading trust litigator
He joins as a partner from Taylor Wessing, where he was head of the firm’s Contentious Trusts & Estates team.
05/23/2014
Former Islamic bank GC arrested in Dubai over Leeds United sale allegations
GFH bought the football club from former owner Ken Bates in December 2012
05/23/2014
The Financial Conduct Authority (FCA) has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to the Gold Fixing
05/22/2014
Ex-MD of Leeds United arrested over 'financial irregularities'
A close friend of Haigh’s told the BBC: “David has done absolutely nothing wrong or illegal
05/22/2014
In deciding the penalty, the SFC took into account that Deutsche Bank reported the matter to the SFC and has since strengthened its internal controls on the monitoring and disclosure of its equity positions in Hong Kong listed companies.
05/21/2014
Seven former BayernLB executives are on trial over the purchase of Klagenfurt, Austria-based Hypo Alpe-Adria in 2007
05/21/2014
In Europe, Austria and Luxembourg accepted in March a long-delayed European Union law
05/21/2014
A staggering £100billion worth of sales are raked in by firms every year, yet never disclosed to the authorities
05/21/2014
The bank hasn’t been charged with any wrongdoing
05/21/2014
Many charities allow observers at Trustee Board meetings.
05/21/2014
The latest National Audit Office (NAO) report into tax reliefs might make uncomfortable reading for those wanting to pass their farm business on to the next generation.
05/21/2014
The Charity Commission, the independent regulator of charities in England and Wales, has today published revised public guidance on conflicts of interest for charity trustees.
05/21/2014
Pressure on Credit Suisse boss Brady Dougan to quit shows no signs of abating in Switzerland following this week's $2.5 billion settlement with the U.S. authorities over charges that it helped Americans evade taxes by hiding their assets in secret ba
05/20/2014
FSOC meeting to explore the activities and potential risks in the asset management industry
05/20/2014
The settlement marks a major U.S. legal victory in a continuing U.S. investigation
05/19/2014
Recent published decisions of the enforcement division of the UK Financial Conduct Authority (FCA) have provided for significant civil penalties against high profile financial institutions.
05/19/2014
Due to the on-going conflicts in Syria and Ukraine, there has been much in the press recently about financial and economic sanctions
05/19/2014
Ex-UBS Banker in Swaps Deal Arranged for Strippers
A German water utility alleged a former UBS AG banker had an “inappropriate” relationship with consultants advising on disputed swap deals, the latest lawsuit to highlight how complex financial instruments backfired on municipal agencies durin