07/04/2013
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.
07/04/2013
The final notice said: “As Sovereign is failing, and will continue to fail, to satisfy the threshold conditions, the authority hereby cancels its permission.”
07/04/2013
Swiss bank Credit Suisse said on Friday it sees a maximum hit of 90 million Swiss francs ($94.1 million) from a British-Swiss tax deal aimed at sweeping Swiss banks clean of undeclared money held in accounts of UK clients.
07/04/2013
Germany approved new legislation on Friday that will assist the United States in cracking down on tax evasion by its citizens, joining a series of countries to strike such deals with Washington.
07/04/2013
Commerzbank AG (CBK), Germany’s second-biggest bank, is being investigated by Switzerland’s market regulator over the possible breach of reporting obligations for two structured products.
07/03/2013
Rockwell Olivier (Melbourne) is expanding its team capabilities at a rapid rate with the introduction of various industry practices
07/03/2013
Kerviel is trying to overturn his conviction and jail sentence
07/03/2013
Leading international law firm picks McKinsey accountant as first-ever COO
Accountant Rick Baumgartner will join on 9 September following a string of moves by the City firm
07/02/2013
The government will have to be careful about what data it authorizes banks to pass to the U.S. authorities
07/02/2013
A federal judge has approved HSBC Holdings Plc's record USD 1.92 billion settlement with federal and state investigators of charges that it flouted rules designed to stop money laundering and thwart transactions with countries under US sanctions
07/02/2013
Barclays CEO Antony Jenkins has denied any conflict between his bank and its regulators
07/01/2013
One answer might be that the present sanctions have not acted as a sufficient deterrent to bad behaviour.
07/01/2013
The appointments bring the firm’s total number of partners
07/01/2013
It is based on responses from 1,100 CFOs and COOs from the major global financial centres including the United States, Canada, the United Kingdom, France, Germany, Singapore and Hong Kong.
07/01/2013
The main characters in the story testified at a five-day trial last week
07/01/2013
Private Client Practices Can Hedge E-Discovery Work
Armies of Junior Associates for E-discovery may not be a viable law firm practice in the future.
06/30/2013
European tax haven wants to boost its presence in Asia as region's economic power grows
06/30/2013
London tax lawyer in 71-strong partner round at Global law firm
The Firm also reported that it has added 60 lateral partners in key practice areas and jurisdictions over the past year.
06/30/2013
To help the country to draft new laws against tax evasion, despite being hunted down by Swiss authorities for allegedly breaching banking secrecy.
06/30/2013
The prince is being sued by Daad Sharab, a Jordanian businesswoman who says she was not paid a promised $10 million commission