04/25/2013
FCA sets out new rules for the platforms industry
The Financial Conduct Authority has published rules to make the way that investors pay for platforms more transparent.
Legal,Regulation,Tax & Compliance
04/24/2013
Swiss accuse EU of protecting financial markets
Markets should be kept open to keep EU industries fit and competitive.
04/24/2013
Bank of Ireland loses court battle with HMRC over subsidiary's £30m tax bill.
The case centred on the bank's transfer of a swap contract to another subsidiary
04/23/2013
Addleshaw Goddard strengthens asset based lending capability
The law firm said a asset-based lending specialist has joined its banking group as a partner, effective May 1
04/23/2013
France probes HSBC tax fraud claims
France has opened a probe into whether HSBC offered illicit products to help French clients avoid tax in Switzerland
04/23/2013
Deutsche Bank sued for $8bn over 'sexy, crazy trades'
A billionaire investor’s business was “destroyed by a tsunami”
04/23/2013
EFG Private Bank reaches settlement with Financial Conduct Authority
EFG Private Bank is disappointed that shortcomings were found relating to the period December 2007 to January 2011, even though it has found no evidence that money laundering actually took place.
04/23/2013
Norton Rose announces 33 global partner promotions ahead of US combination
For the second consecutive year, female partners accounted for a strong percentage of all promotions (42% this year and 44% last year).
04/22/2013
Luxembourg supports Britain's legal challenge to Financial Transaction Tax
The finance minister of Luxembourg has thrown his weight behind Britain’s legal challenge of Europe’s controversial financial transactions tax
04/21/2013
OECD reports new developments in tax information exchange
The report covers three strategic initiatives
04/21/2013
Three more banks to be punished by Financial Conduct Authority for Libor scandal
THE Financial Conduct Authority (FCA), the City’s new watchdog, expects to fine three more banks for Libor manipulation before the end of the year.
04/21/2013
As U.S. Settlement For 300 Swiss Banks Dawns, Prosecution Risks Remain
Sometimes the U.S. government shakes it menacingly. See With Indictments, IRS Will Get More Data From Swiss.
04/21/2013
Leading international law firm promotes five to partner worldwide
Recognising, developing and promoting talent within our firm is a key part of our growth strategy
04/21/2013
Dechert, Quinn and Weil among revenue risers in growth year for US firms
All but seven saw their UK revenues rise in 2012
04/18/2013
How Irish reporter got huge tax-haven data leak
One day, a confidential source told him he would receive a special package. When it arrived, Ryle was stunned by its contents.
04/18/2013
Privacy and Mobile Apps: Risks and Recommendations - Pinsent Masons
The Working Party concluded by providing a list of minimum requirements each stakeholder must perform and provides further recommendations as to how the risks in this area can be averted and mitigated.
04/18/2013
Clients take little notice of regulation, Hargreaves says
Discount broker sees record results from increased interest in DIY investing
04/18/2013
Arjent seeks £2m from ex-management team in High Court
Arjent, the stockbroker and investment management firm, alleges a variety of misrepresentation and contract claims against Couch, chief operating officer Christopher Deacon and business development head Kevin Spear, Wealth Manager understands.
04/17/2013
French tax probe eyes 353 prospective UBS clients
Swiss asked for help in investigation
04/16/2013
Finra Fines Merrill Lynch $1.05 Million
In any customer transaction, a firm or its registered persons must use reasonable diligence to ensure that the purchase or sale price to the customer is as favorable as possible under current market conditions.