07/10/2013
Italy's Tax Evasion Amounts To Hundreds Of Billions
The Italian central bank said tax burdens continued to be a major obstacle to recovery in the country, which is in its longest recession in more than 20 years.
Legal,Regulation,Tax & Compliance
07/09/2013
International law firm hires consultant for wealth planning practice
She has over 15 years experience in corporate and charity law, counting among her experience acting as legal counsel at one of the largest private charity foundations in Hong Kong.
07/09/2013
Handler Thayer Named Best Private Client Law Firm in North America
At the conference, Steve Thayer participated on a panel titled "State of Interfamily Direct Co-Investing" and David Berek presented on the subject of Legacy and Inheritance.
07/09/2013
UK Wealth Management founder sets up legal services firm
IFA firm UK Wealth Management founder Peter Jones has set up a legal services company that allows advisers to become partners in the business
07/09/2013
SEC Approves JOBS Act Requirement to Lift General Solicitation Ban
The Securities and Exchange Commission today adopted a new rule to implement a JOBS Act requirement to lift the ban on general solicitation or general advertising for certain private securities offerings.
07/08/2013
International law firm turns to Withers for London private client hire
She is qualified in England & Wales, the Cayman Islands and the British Virgin Islan
07/08/2013
Thomson Reuters Suspends Early Distribution of Consumer Data
The news and information company has an agreement with the University of Michigan to allow some of its clients to receive the data 2 seconds before its other clients
07/08/2013
The Clifford Chance Millionaire Partners Still Envious
Clifford Chance may have suffered from a fall in partnership profits, but it hasn’t prevented the partners taking home £1 million each.
07/07/2013
Capital requirements for banks' equity investments in funds - consultative document
The Committee believes the revised standard will more appropriately reflect the risk of a fund's underlying investments and its leverage.
07/07/2013
OECD set to target tech giant tax evasion strategies
Corporate tax avoidance has become a hot political issue following public outrage over revelations in the past year
07/07/2013
PRA and FCA welcome Internal Audit guidance
The regulatory authorities welcome the publication, by the Chartered Institute of Internal Auditors, of the guidance
07/06/2013
EU plots transatlantic bank regulator
The European Union is to push for an agreement on banking and financial services as a key part of this week’s historic trade talks with the US
07/06/2013
US Can’t Keep FATCA Promises, Claim Opponents
Campaigners lobbying against the US Foreign Account Tax Compliance Act
07/06/2013
Inquiry into Vatican bank chief dropped
The two directors left the bank on Monday last week after the arrest of a senior cleric who is accused of plotting to smuggle millions of euros into Italy from Switzerland.
07/05/2013
Yellow Pages CEO loses $25.4m in 2 days, sues UBS
Although he suffered the losses more than five years ago, and had repaid the debt before last January, Mr Chen regarded this as a breach of contract by UBS.
07/05/2013
Banks fear new leverage proposal
Proposals to reform British banking by the Parliamentary Commission on Banking Standards will have a “profound” impact on the industry, the British Bankers’ Association (BBA) has said in its first detailed comments on the report.
07/05/2013
Swiss banking industry casts doubt on £3bn tax windfall for UK
He had been banking on it raising £3.2 billion this financial year—money already factored into the budget.
07/05/2013
Vatican bank joins global 'fight against money laundering'
THE revelations of wrongdoing currently rocking the Vatican bank couldn't have come at a worse time for the Swiss-born anti-money laundering expert hired to lead the Holy See's push for greater financial transparency.
07/04/2013
Withers European and Asian US teams grow
He is currently based in our Singapore office with US partner Jay Krause and UK partners Simon Michaels and Philip Munro.
07/04/2013
Swiss tax agreement with UK proceeding on schedule
Under the terms of the agreement UK clients had until the end of May 2013 to decide whether to regularise the past by opting to pay the one-off flat-rate withholding tax or disclosing their assets to the UK tax authorities.