04/02/2012
Switzerland seeks arrest of German tax collectors
In the latest chapter of an ugly dispute over tax evasion that has strained ties between the two neighbors, a spokeswoman for the ministry confirmed a report about the arrest warrants due to appear in Sunday's Bild am Sonntag newspaper.
04/02/2012
The court filing alleges RBS "received this request without objection". Brevan Howard is not a party to the lawsuit and is not being investigated or sued for any alleged wrongdoing.
04/02/2012
In its response to the Commission’s plan, the parliament proposes an amendment so all advisers simply have to disclose any commission.
04/02/2012
He joins the firm in the position previously held by former Linklaters managing partner Angel, who quit the City firm last year to join DLA Piper as senior partner
03/30/2012
The figures relate to unsegregated client accounts, which MF Global was allowed to mix with its own funds and which have proved difficult for the administrators to recover.
03/29/2012
HSH said it suffered “near-total” losses on a $500m collateralised debt obligation bought from UBS in 2002 when the US real estate market collapsed. It alleged the Swiss bank had deliberately selected mortgage bonds at high risk of default.
03/28/2012
The Ministry of Public Security has issued an arrest warrant for Sun Feng, the former head of the Yaosai branch of the Agricultural Bank of China in Jiangyin in East China's Jiangsu province.
03/28/2012
The CISI is introducing new membership requirements for voting members in line with its commitment to champion the highest standards of ethical behaviour within financial services.
03/28/2012
The Income Tax (I-T) department is said to be mulling over prosecution against the HSBC bank for allegedly being the conduit for Indians in stashing money abroad.
03/26/2012
Never mind how Budget 2012 might affect a relatively small number of millionaires using offshore companies to avoid Stamp Duty. Here and now, accountants say thousands of buy-to-let landlords are sitting on a “tax timebomb”.
03/26/2012
He used the proceeds of this crime to fund a seemingly comfortable lifestyle.
03/26/2012
Let this be a lesson in the importance of proofreading.
03/26/2012
HMRC investigators discovered that Williams charged VAT to UK customers, but failed to pass the money to HMRC on six occasions. This fraud totalled £209,225.10. The total VAT inclusive price of the six motor cruisers was £1.4 million (£1
03/26/2012
A number of property lawyers were reported to be thrashing out late-night deals in wine bars following last Wednesday’s Budget.
03/23/2012
Credit Suisse, based in Zurich, and larger Swiss rival UBS AG (UBSN) are under pressure from the nation’s regulators to meet capital requirements that go beyond those faced by international competitors.
03/23/2012
Simon Morris (pictured), partner in the Financial Services division of law firm CMS Cameron McKenna, said the FSA had recently been sending out 'nasty letters' to advisers on the use of single platforms.
03/23/2012
Leading offshore law firm advises WNS on NY Stock Exchange Offering
WNS is a leading global business process outsourcing company incorporated in Jersey, with its principal executive office located in India.
03/22/2012
Chancellor George Osborne has put measures targeting the wealthy at the core of a budget that is also set to cut tax for business and clamp down on tax avoidance by corporates and individuals.
03/22/2012
The top rate of tax will now fall to 45 per cent from April 2013, and the expectation must be that a similar level of income will be deferred until 2013/14.
03/22/2012
The union was presenting its findings to the Senate inquiry into the flight of capital and assets abroad.