01/24/2013
Italy police catch 56 bn euros in tax evasion in 2012
Police also honed in on those using fake companies in tax havens to evade paying their dues
Legal, Regulation & Compliance
01/23/2013
Ex-UBS Trader Said to Seek NatWest 3 Man’s Advice
He was arrested in a U.K. criminal investigation on Dec. 11 and charged by the U.S. Department of Justice the following day.
01/23/2013
Ex-UBS Trader Hayes Said to Seek NatWest 3 Man’s Advice
Bermingham runs a consulting firm advising on extradition
01/22/2013
FSA Arrests Five People Over Insider Dealing
Asset management company Schroders said one of its employees was among those arrested in the early morning raids
01/22/2013
Model proliferation a key challenge to Fatca implementation, says State Street
The big question right now is the Intergovernmental Agreements
01/22/2013
New London head at Baker & McKenzie
He will become London managing partner on 1 July.
01/22/2013
French Wealth Tax – How does it affect UK citizens?
If you decide to sell your home in the UK and retire to France, then you will be deemed resident in France by the French authorities.
01/22/2013
HMRC plans to tax platform rebates in latest crackdown
A tax on rebates would hit bundled share classes, which are offered by most of the UK's platforms
01/21/2013
Linklaters picks up banking partner from A&O in Spain
Barona joins Linklaters’ Madrid office after over seven years as a partner at its magic circle rival
01/20/2013
FSA to spend £5m on outside analysts
The Financial Services Authority and its successors are to spend as much as £5m on hiring outside consultancies to carry out economic analysis.
01/20/2013
Barclays Wealth division 'out of control', says secret report
Barclays has moved swiftly to part company with a senior executive after investigators alleged that he shredded a highly critical analysis of the maverick culture and bullying at the bank's one-time flagship Barclays Wealth business.
01/16/2013
Hungary to tax offshore wealth, ask for Swiss help
He said the central European country will ask Switzerland first to disclose all data pertaining to bank accounts of Hungarian citizens in Swiss banks.
01/16/2013
Bracewell & Giuliani boosts London base with Simmons and Herbert Smith hires
The US law firm's City office is currently led by managing partner Adam Mozel, with partners John Brantley, Christopher Williams, Michael Kuhn and chairman Patrick Oxford splitting their time between the City and the firm's Houston and Dubai of
01/15/2013
Libor Fixing Scandal: RBS Faces £500m Fine
RBS is also reportedly set to announce the departure of its head of investment banking
01/15/2013
Ex-LGIM sales trader faces charges in FSA insider dealing probe
Paul Milsom will face charges alongside Graeme Shelley
01/15/2013
Banks and FSA to put deadline on PPI claims
The FSA is said to be sympathetic to the banks' concerns
01/15/2013
Barclays bankers' Libor anonymity 'implausible'
The suggestion that any 'publication’ through these proceedings would jeopardise an individuals
01/15/2013
HMRC doubles team tackling tax avoidance by the wealthy
Exchequer Secretary David Gauke says: ““HMRC set up the new Affluent Team from some of the £917m made available in 2010.
01/14/2013
Axa Wealth reveals RDR advice charges for bancassurance arm
Axa says there is “currently no charge” for ongoing service, though a spokeswoman says this will be kept under review.
01/14/2013
UK court orders extradition of Credit Suisse exec
Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval.