05/05/2013
Swiss bankers drop opposition to information exchange
he Swiss Bankers Association has dropped its outright rejection of the exchange of bank client data with foreign tax authorities
Legal,Regulation,Tax & Compliance
05/04/2013
Singapore's Wealthy in Focus in Hunt for Tax Cheats
Banks in Singapore are urgently scrutinizing their account holders as an imminent deadline on stricter tax evasion measures forces them to decide whether to send some of their wealthiest clients packing.
05/03/2013
Credit Suisse Alleges Espionage Against Former Employee
Credit Suisse Group AG has filed suit against its former vice president for emerging markets group on the grounds she stole confidential documents and trade secrets prior to her transfer to Goldman Sachs.
05/02/2013
Barclays back in the spotlight over £30m payout in 2008 rescue deal
The latest revelations were provided by Euromoney, which reported this week on leaked correspondence from the Abu Dhabi end of the rescue deal.
05/02/2013
Commerzbank concedes defeat in €52m bonus case
Germany’s second-largest bank said it would not be taking the case to the Supreme Court
05/02/2013
Swiss partner duo quit after being caught up in US tax evasion allegations
Swiss firm Niederer Kraft & Frey (NKF) has lost two partners after the duo were caught up in allegations of tax evasion between the US and Switzerland.
05/02/2013
Two arrested in FCA insider dealing investigation
The arrests are not linked to any other ongoing insider dealing investigation.
05/01/2013
Google faces second Parliament grilling on UK tax avoidance
His company’s sales team were based in Ireland and that the job of its UK staff was merely to market Google
05/01/2013
Court rejects Swiss bank employee's privacy suit
Fearful of harsh US penalties and prosecution, the banks then met Washington's demands
05/01/2013
Ashurst Germany corporate chief to join Gibson Dunn in Munich
He is an experienced M&A attorney with an exceptional reputation in the Munich and German corporate market
05/01/2013
HMRC accused of letting Goldmans off £20m tax to avoid 'major embarrassment' to Chancellor
They are accused of letting Goldman Sachs off £20m in tax in a "sweetheart" deal
04/30/2013
'There will be more wealth confiscation, without a doubt'
European politicians will take the "easy option" of taking money from the rich rather than raising taxes
04/30/2013
Ex-UBS Executive Convicted of Paid Sex With Underage Girl
He could be jailed for as long as seven years and fined for each charge, will be sentenced on May 8.
04/30/2013
International law firm secures Singapore alliance and launches in Beijing
Meanwhile, the firm has also officially opened a representative office in Beijing
04/30/2013
OECD’s Global Forum on Transfer Pricing releases a Draft Handbook on Transfer Pricing Risk Assessment
The objective of this project was to produce a practical handbook that provides clear and detailed steps countries can take to assess the transfer pricing risk presented by an individual taxpayer’s operations.
04/30/2013
The sinister HMRC investigation of the Goldman Sachs whistleblower
HMRC used Ripa powers when Osita Mba exposed a 'sweetheart' tax deal. We should all worry about the ethics of this
04/29/2013
Lawrence Graham promotes trio to partner
A restructuring and insolvency associate who joined the firm
04/29/2013
Barclays wins Libor appeal in £70m mis-selling case
The trial is seen as a test case for small British firms who believe they were mis-sold such swaps
04/28/2013
German bank directors not linked to rate rigging-WSJ
German financial markets watchdog Bafin has not turned up any evidence that German bank directors were involved in manipulating benchmark interest rates, a top Bafin official has told the Wall Street Journal Deutschland.
04/28/2013
Tax avoidance: Treasury minister dismisses 'absurd' warning that HMRC is ‘too cosy’ with accountancy giants
Big Four ‘outgun’ HMRC in tax avoidance battle