05/16/2013
Ex-BlackRock Manager’s Arrest May Give FCA Its First Big Fish
The arrest of a former BlackRock Inc. fund manager may move the regulator from small-fry insider-trading cases to its first big fish
Legal,Regulation,Tax & Compliance
05/16/2013
Withers and Speechly settle on proposed name ahead of merger votes
It is currently unclear whether the firms will fully financially integrate
05/16/2013
Russia to Join FATCA Tax Watchdog
We agreed that this matter will be considered at expert level
05/16/2013
Speechly Bircham and Withers merger vote just days away
Both firms are holding an interim vote
05/15/2013
Head of SocGen’s Russia arm detained on suspicion of taking bribes
Black-clad police with automatic rifles stormed the Moscow offices of Rosbank, French bank Société Générale’s daughter company in Russia, and detained the bank’s chief executive on Wednesday on suspicion of receivin
05/15/2013
HMRC cleared of letting Goldman off £20m in 'sweetheart' deal
The UK taxman has been cleared of letting Goldman Sachs off £20m in a "sweetheart" deal but was told it was wrong to factor in potential embarrassment to Chancellor George Osborne in its decision making.
05/15/2013
JPMorgan presses Bloomberg on reporters' access to data
JPMorgan's statement comes after Bloomberg acknowledged late last week that its reporters had limited access to data about clients' terminal usage.
05/15/2013
Ashcourt Rowan in court battle with ex-adviser over role at rival
Took the case to the High Court to enforce an anti-competition clause
05/14/2013
There Are Two Questions About The Spying Scandal That Bloomberg Still Hasn't Answered
Another question that Bloomberg has yet to answer is whether Bloomberg News reporters were encouraged to use private data to spy on clients, or whether they did this on their own.
05/14/2013
Hundreds Rip Up US Passports To Escape FATCA
This growing trend is the biggest number since the IRS began publishing the figures
05/14/2013
'We can't push a mountain': FCA issues rallying call to advisers
Being a reactive regulator no longer works
05/14/2013
OECD sees action on corporate tax avoidance
International leaders are moving closer to taking action on corporate tax avoidance
05/13/2013
Ex-BlackRock Star Held In City Trading Probe
A former star fund manager at BlackRock was arrested last month as part of an insider trading probe, Sky News learns.
05/13/2013
Bingham raids White & Case in Tokyo for seven lawyer funds team
The firm’s history in Tokyo dates to 1997.
05/13/2013
Austria edges towards ending banking secrecy
Austria has been the last EU holdout on bank secrecy after Luxembourg changed tack last month
05/13/2013
New tax practices unlikely to put S'pore at disadvantage: analysts
There are concerns whether the changes announced on 14 May 13 will severely impede funds from coming into Singapore.
05/13/2013
Finance ministers fail to reach deal on tax avoidance
But they agree mandate for Commission to negotiate on bank transparency with five non-EU countries.
05/13/2013
Wealth manager issued final notice by FCA
The Financial Conduct Authority (FCA) has issued a final notice to a discretionary and wealth manager based in Warwickshire.
05/12/2013
HSBC fears ‘significant’ penalty in NRI tax evasion probe
The US tax department is investigating possible evasion of federal income taxes.
05/12/2013
G7 nations agree to tackle tax evasion
Finance ministers meeting in UK say collective action is needed to ensure firms and individuals pay the tax they owe.