06/06/2016
The claim centres on a so-called carousel fraud in which traders buy and sell goods and so register a VAT charge on the trade, but never actually pay the VAT. When the goods are sold the VAT is then reclaimed.
06/06/2016
However, what might have worked for bribery will not necessarily do the same for the very different crimes of fraud and money laundering.
06/06/2016
Consumer organisations and asset managers say the removal of past performance information is bad news for investors.
06/06/2016
“The French-Italian initiative at this very delicate stage of the creation of a banking union is a voice calling for caution.
06/06/2016
No single asset manager appears to have yet fallen foul of the rules governing reverse solicitation under the EU’s Alternative Investment Fund Managers Directive although the risk of regulatory sanctions for breaches does still remain.
06/06/2016
Over a dozen law firms have been held to ransom in recent weeks as attacks by cyber criminals increase.
06/06/2016
Some of these challenges are related to the technology itself.
06/06/2016
Full S2 equivalence also is an important advantage because it simplifies the process of transacting reinsurance with carriers domiciled in countries that are designated equivalent to EU regulations for reinsurance supervision.
06/03/2016
To determine the winners, the ITR researched from a variety of sources.
06/03/2016
Inverness law firm swoops for city rival
Alastair and Neil are both very well-known and well-respected lawyers who will be a perfect fit with our established client base.
06/02/2016
Jumping the gun - HMRC's increasing trend towards penalties for 'deliberate' errors
It’s a simple error – you pick up the wrong form, fill it in, and send it off to the authorities. In most cases you can fill in a new one, and hey presto – the mistake is rectified. But sadly not when it comes to applying for tax relief
06/02/2016
Memorandum of Understanding between PRA and Jersey Financial Services Commission
The purpose of the MoU is to establish a formal basis for co-operation, to facilitate timely and effective supervision and resolution, to identify risks to the financial system and to address emergency/crisis situations, especially in instances which invo
06/02/2016
CT Capital fined £2.3m for shoddy PPI complaints handling
Between 2005 and 2008, the group had sold 31,591 regulated PPI policies, receiving approximately £63 million net in commission as a result.
06/02/2016
Charity Commission's report provides guidance to trustees on working with professional fundraisers and fundraising costs - Withers
Our Local Heroes Foundation (the 'Charity') was set up to relieve the financial hardship of people who have served in the armed forces and are in need by making grants.
06/02/2016
And it was announced they would seek to make £350million of annual savings through cuts, involving slashing 1,250 jobs.
06/02/2016
The second RTS, relevant to the MiFID II Directive, specify the criteria according to which a trading platform will be considered to be material in terms of liquidity.
06/01/2016
Carsten Kengeter criticizes French government after country’s finance minister and central bank chief raise concerns over the tie-up
06/01/2016
The European Securities and Markets Authority (ESMA) has published an opinion in response to the European Commission's request that ESMA amend its draft regulatory standard 20 under the Markets in Financial Instruments Directive (MiFID II) and Regula
05/31/2016
The UCITS V provisions seek to address certain perceived weaknesses in the UCITS regime, particularly following the Madoff fraud and the default of Lehman Brothers.
05/31/2016
Italy has emerged as the most vocal critic of the proposals, which disproportionately affect its domestic banking system.