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
05/19/2014
GlencoreXstrata will face a fresh grilling over its business deals in the Congo with Israeli businessman Dan Gertler at its annual meeting tomorrow.
05/19/2014
In my opinion, the CEO as well as the chairman of the board must go in order to save the bank
05/19/2014
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
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
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.