06/15/2013
A Liechtenstein bank official allegedly said three former employees of major securities firms instructed him to transfer 2.2 billion yen from an account of the bank to different accounts,
06/14/2013
Welcome clarity from the Supreme Court on financial awards from companies on divorce
06/14/2013
Tax compliance for the future coupled with a fair and reasonable settlement for the past and the best possible market access are ways of achieving these two goals.
06/14/2013
The Royal Bank of Scotland has been dealt a fresh blow after Singapore’s financial regulator ruled some of its traders attempted to manipulate inter-bank rates.
06/13/2013
U.S. fraudster Bernard Madoff used his London-based company to "warehouse" huge amounts of money stolen from the Ponzi scheme
06/12/2013
An international deal to crack down on secretive tax havens is in jeopardy
06/12/2013
The FCA is aware of these allegations and has been speaking to the relevant parties,
06/12/2013
The decision is a blow against cheating spouses who seek to evade their responsibilities using company structures.
06/12/2013
An international deal to crack down on secretive tax havens is in jeopardy
06/12/2013
HM Revenue & Customs has won a Tribunal to close down a tax avoidance scheme which had sought to cheat the public purse of £2.4m through the use of Employee Benefit Trusts.
06/11/2013
Credit Suisse Securities has been fined more than HK$1.6m by the Securities and Futures Commission in Hong Kong.
06/11/2013
The financial penalty is the first assessed against an exchange for violations related to its regulatory oversight. Previous financial penalties against exchanges involved misconduct on the business side of their operations.
06/11/2013
The High Court battle over the assets of fraudster Bernard Madoff is moving into the end game as the liquidators of Madoff's UK company open their fight to recover at least $80m they allege was unlawfully paid to his family and company directors.
06/11/2013
"In line with the Vienna Convention on diplomatic relations, Switzerland expects members of diplomatic missions in Berne and permanent missions in Geneva to respect the laws and rules of the country," it added.
06/11/2013
ZURICH The Swiss government agreed on Wednesday to create a legal basis that will allow its banks to settle investigations by US authorities into their role in helping wealthy Americans evade billions of dollars in tax.
06/11/2013
The Commission plan, which will cover all income including dividends and capital gains, will build on the existing exchange of non-residents' saving details, which is due to be strengthened by the end of the year.
06/10/2013
"All transactions were conducted in accordance with applicable Italian tax laws and on an arm's length basis between Portovesme and the Glencore Group,"
06/10/2013
The European Securities and Markets Authority has published a consultation paper on guidelines relating to reporting obligations under the Alternative Investment Fund Managers Directive.
06/10/2013
Denise Gibson is to rejoin the firm as a banking partner following a stint at Goldman Sachs.
06/10/2013
The firm received a 20% discount on its fine for agreeing to settle at Stage 2 of the FCA’s executive settlement procedure; otherwise Xcap would have been fined £151,136.