07/15/2013
FINMA signed cooperation arrangements with 28 EU and EEA states
The Swiss Financial Market Supervisory Authority FINMA has Signed Cooperation Arrangements with 28 EU and EEA Member States
Legal,Regulation,Tax & Compliance
07/15/2013
Duane Morris Picks Up Corporate Tax Pro From Proskauer
Wheater focuses her practice on the tax aspects of a broad range of issues. She has significant experience in structuring private equity, venture capital and other funds, including holding companies, carried interest and deal structures.
07/14/2013
Swiss arrest witness in French tax fraud probe
It said it had handed all evidence in the case to the Swiss attorney general's office.
07/14/2013
Serious Fraud Office charges two more brokers
They were arrested in December, along with former UBS and Citigroup trader
07/14/2013
Matrix goes global with Geneva launch
Gray’s Inn set Matrix has set out plans for expansion overseas after launching its first international office in Geneva.
07/14/2013
Bakers' new London head puts lawyers 'in clients' shoes' for first term
The new plan, unveiled under the catchline ‘Collaborating to Win’, puts greater collaboration at the heart of revenue generation.
07/14/2013
FCA cancels IFA's permissions for failing to act in clients' interests
The regulator said Gloucestershire-based Moseling had failed to comply with an award made against him by the Financial Ombudsman Service
07/13/2013
Ex-Goldman trader’s fraud trial due to begin
According to the SEC, the wolf in question is John Paulson, a hedge fund billionaire who enlisted the help of Goldman Sachs to bet against the sub-prime mortgage market using an insurance product called a credit default swap.
07/12/2013
TAX EVADERS BEWARE: Swiss Banks Are All Set To Give Info To U.S. Authorities
In 2009, the U.S. hit another Swiss bank, UBS, with a $780 million fine and took information on derelict depositors.
07/12/2013
Cable to push for disqualification of disgraced bankers
The measure is intended to restore faith in companies and their directors as a whole.
07/12/2013
Credit Suisse fined for 'false order' error
The Australian Securities and Investments Commission's disciplinary panel said it was the second time the group had been fined over failures with its automated trading platform.
07/11/2013
Foreign law firms top list of pro bono work donors
Linklaters pledges $250,000; Clifford Chance's $100,000 same as local firm TSMP's donation
07/11/2013
Morton Fraser strengthens Wealth Managers team
He joined the firm on 8 July and will help the development of our existing client bank and the continued expansion of our independent financial services team.
07/11/2013
France Clarifies Rules On Wealth Tax Cap
he French Finance Ministry has clarified regulations pertaining to the wealth tax cap and life insurance contracts.
07/11/2013
Singapore Regulator Fined 22 Firms for Money-Laundering Breaches
Singapore’s central bank fined 22 financial institutions and restricted operations at seven for failing to comply with rules
07/11/2013
UBS's German offices searched in ongoing tax probe of clients
UBS said some of its German offices were searched in connection with an ongoing tax probe of the Swiss bank's clients
07/11/2013
Foreign Banks Win New Delay in Tax Evasion Rule
To add a statement from the Organization for Economic Cooperation and Development and to add that Singapore and the Cayman Islands have also signed agreements with the United States.
07/10/2013
French HSBC tax case report reveals $5 billion in Swiss funds
France, like countries across the world, is cracking down on tax after the global financial crisis put government budgets under strain and increased the need to maximise tax receipts.
07/10/2013
Cantor & Webb Hires New Partner to Serve International Private Clients
Cantor & Webb P.A. strengthens its leadership in the field of tax and estate planning, expanding for a sixth consecutive year with the addition of new trusts and estates partner Kathryn von Matthiessen.
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.