02/28/2014
ABN Amro Group NV’s former top lawyer in the U.K. sued the Dutch lender for race discrimination over her treatment by an executive who allegedly said “let’s talk about all things black” and claimed he couldn’t see her in a ph
02/28/2014
Today I will focus on the Basel III leverage ratio and its role in the regulatory framework.
02/28/2014
The Law Commission for England and Wales today published its report on Matrimonial Property, Needs and Agreements.
02/28/2014
As a result of the incident, the bank will take an estimated $235 million after-tax, or $360 million pre-tax, charge against last year's earnings.
02/27/2014
Leading offshore law firm advises largest ever real estate fund to list in London
The firm has advised on the Jersey legal and regulatory aspects of the establishment of the new fund
02/27/2014
Credit Suisse's chief executive will hit back at allegations the Swiss bank was a willing accomplice in U.S. tax evasion on Wednesday, blaming instead a small group of its private bankers for helping Americans conceal their wealth.
02/27/2014
Credit Suisse faces the wrath of a Senate hearing over alleged attempts to conceal up to $10bn from the taxman
02/26/2014
Frequently asked questions on Basel III monitoring
This document provides answers to technical and interpretive questions raised by supervisors and banks during the Committee’s Basel III monitoring. The document intends to facilitate the completion of the monitoring questionnaire and is not to be co
02/26/2014
The Bank of England has published a Consultation Paper on its approach to supervising international banks.
02/25/2014
Expats With Property in UK to Face Capital Gains Tax
Expats non-resident in the UK who own British property will become liable for capital gains tax from next year.
02/25/2014
U.S. scrutinizing Swiss insurers in offshore probe
U.S. prosecutors are widening their probe of how Swiss banks helped wealthy Americans avoid taxes to look at insurers as well
02/25/2014
Fact Sheet: FATCA Amendments and Coordination Regulations
The U.S. Department of the Treasury and Internal Revenue Service today issued the last substantial package of regulations necessary to implement the Foreign Account Tax Compliance Act
02/25/2014
Wealth tax will drive rich out of SA
With Finance Minister Pravin Gordhan’s upcoming National Budget address around the corner, one has to wonder whether he will consider instituting a wealth tax in an attempt to increase revenue collection.
02/25/2014
Essentially, although the organisation will not be pleading guilty to an offence, it will be admitting its wrongdoing and will receive a fine from the judge but will avoid criminal prosecution.
02/24/2014
What are Deferred Prosecution Agreements?
02/24/2014
After the activity lull last year, offshore firms have regrouped and come out fighting with state-of-the-art technology that takes client service to a new level
02/24/2014
Former Lombard Odier &Cie exec pleads not guilty
The allegation is that over a ten year period he abused his position at Lombard Odier &Cie by stealing 488,921 euros and £170,150 from clients’ accounts
02/24/2014
The Securities and Exchange Commission today announced charges against Zurich-based Credit Suisse Group AG for violating the federal securities laws by providing cross-border brokerage and investment advisory services to U.S. clients without first registe
02/24/2014
UBS is seeking immunity in the US and European Union as part of the global investigation of currency markets
02/24/2014
Deutsche Bank said on Thursday that it would pay more than 775 million euros, or about $1.06 billion, to the heirs of the late media mogul Leo Kirch to settle a long-running dispute over the collapse of his empire.