05/19/2014
Credit Suisse CEO faces more calls to quit in U.S. tax dispute
In my opinion, the CEO as well as the chairman of the board must go in order to save the bank
Legal,Regulation,Tax & Compliance
05/19/2014
Tax Havens Feeling the Heat From Tax Collectors
Switzerland isn’t the only tax haven feeling the heat from countries that are trying to scrape more revenue by raking in taxes from citizens with undeclared offshore assets.
05/16/2014
‘Criminal inquiry’ into Brazil’s national football coach
Luiz Felipe Scolari, Brazil’s national football coach, is under investigation in Portugal for taxes allegedly unpaid while he coached the Iberian country’s squad
05/16/2014
City broker fined £1.3m over Libor rigging
Interdealer brokers are expected to act as trusted intermediaries and are key conduits of market information
05/15/2014
Leading offshore firm maintains strong presence in Wealth Sector Leaders list
Now in its ninth year, the Citywealth Leaders List is compiled through recommendations of global peers, clients and charitable organisations and is a guide to the leading wealth managers and advisers worldwide.
05/15/2014
Tax system flaws leave professionals paying 60 per cent
Nonsensical' tax cliff-edge leaves families paying hidden marginal tax rates in system
05/15/2014
International law firm boosts energy team
Law firm has promoted director and energy specialist
05/15/2014
Anthony Thompson named as lawyer of the year at the Citywealth Magic Circle Awards 2014
Anthony Thompson has been named as lawyer of the year at the Citywealth Magic Circle Awards 2014.
05/15/2014
Government to make offshore tax evasion a criminal offence
Currently HMRC has to demonstrate that even when someone failed to declare offshore income, that the individual intended to evade tax
05/15/2014
UBS refuses to share info on stud-farm owner
Swiss bank UBS has refused to share any information with Enforcement Directorate on matters related to alleged money laundering and tax evasion by Pune based stud-farm owner Hasan Ali
05/15/2014
$2b deal likely in Credit Suisse tax evasion probe
The talks between Credit Suisse and Benjamin Lawsky, New York’s financial services superintendent, are ongoing
05/15/2014
IMA's pounds and pence fee plans approved by regulator
Proposals that will see fund managers break down profits and losses in pounds
05/14/2014
Advisers build brisk business with legal services arms
Loughborough-based Chesterton House Financial Planning also recently launched a solicitor arm
05/14/2014
Rathbones buys law firm as it continues hunt for opportunities
The company said the purchase would ‘add depth to the range of its advisory services’. Rooper & Whately was founded by trust planning specialists Matthew Wakefield and Julian Whately in 2009.
05/14/2014
Could Credit Suisse Alleged Tax Evasion Crimes Match James Bond Bankers of UBS?
The tax probe causing grief to Credit Suisse is demonstrating a break from legal precedent.
05/14/2014
Global survey finds two in five businesses open to outsourcing
New research from the Grant Thornton International Business Report reveals that two in five business leaders globally either currently use outsource back office processes.
05/13/2014
Guernsey introduces LLPs
Guernsey has expanded the range of structures available from the jurisdiction by introducing Limited Liability Partnerships
05/13/2014
Insider trading: alleged scam was uncovered through LinkedIn
Broker found the LinkedIn connection after his team alerted him to suspicious trades
05/13/2014
Loan funds in Malta Licensing and regulation
The Malta Financial Services Authority has recently clarified its position with respect to the licensing and regulation of loan funds in Malta.
05/13/2014
FCA one year on – effective regulation goes hand-in-hand with sustainable businesses by Clive Adamson, FCA Director of Supervision
Speech by Clive Adamson, FCA Director of Supervision, at the Building Societies Association (BSA). This is the text of the speech as drafted, which may differ from the delivered version.