09/18/2012
Linklaters launches leadership scheme to target female recruitment and retention
Linklaters has launched a Women’s Leadership Programme aimed at attracting and retaining female talent at the firm.
Legal, Regulation & Compliance
09/16/2012
Tax CDs bring billions for German state
The state of North-Rhine Westphalia has helped Germany recover more than 3 billion euros ($3.9 billion) from German tax evaders after buying compact discs with details of Swiss bank accounts, according to the region's finance ministry.
09/16/2012
FSA told to start compensation process for mis-sold customers
The FSA’s review followed an investigation
09/16/2012
Europe at loggerheads over banking union
All 27 EU countries must agree on the new system, even though it will only apply to the 17 counties of the eurozone initially.
09/16/2012
Robert Tchenguiz bail move signals the end of SFO investigation
Property entrepreneur Robert Tchenguiz has been released from bail, leading to a growing belief that the Serious Fraud Office is preparing to drop its long-running investigation of his business activities.
09/16/2012
Partner pay falls at PwC as profits rise
Partners at PricewaterhouseCoopers took home less pay last year, despite the firm posting a 10pc rise in overall profits.
09/16/2012
UK-US agreement strengthens UK ability to tackle tax evasion
On September 12, the United States and the United Kingdom governments announced the signing of a bilateral agreement to implement the information reporting and withholding tax provisions within the Foreign Account Tax Compliance Act (FATCA).
09/16/2012
Belgium Remains Attractive Tax Location For Entrepreneurs
There have been renewed calls for the Belgian government to honour its pledge and reform the current system of taxation in Belgium, to remove the current disparity between the taxation of labour and the taxation of wealth, and in so doing shake off the co
09/16/2012
Here's The Gut-Wrenching Apology Sent Out By Alleged UBS Rogue Trader Adoboli
Former UBS trader Kweku Adoboli went on trial today for allegedly losing $2.3 billion in rogue trades.
09/16/2012
US, UK Sign FATCA Agreement
On September 12, the United States and the United Kingdom governments announced the signing of a bilateral agreement to implement the information reporting and withholding tax provisions within the Foreign Account Tax Compliance Act (FATCA).
09/16/2012
Offshore law firm launches in London with Walkers hire
He specialises in corporate and finance work, with a particular focus on hedge funds, and spent seven years at Walkers.
09/16/2012
European regulator consults on remuneration guidelines
The European Securities and Markets Authority (ESMA) has published today a consultation paper on proposed Guidelines on remuneration policies and practices under the Markets in Financial Instruments Directive (MiFID).
09/16/2012
ESMA consults on market maker and primary dealer exemption for short selling
The Guidelines are intended to support the creation of a level-playing field, consistency of market practices and convergence of supervisory practices amongst national securities market regulators across the EEA.
09/13/2012
John Greenwood: FSA should stop meddling on consultancy charges
For the moment the FSA is sticking to its line that consultancy charges that take overall contributions below the auto-enrolment minimums are not permitted.
09/13/2012
Herbert Smith, Nabarro lead on £300m sale of BNP Paribas Real Estate City base
BNP Paribas' new St Pancras base purchased by insurers AXA
09/12/2012
FSA bans adviser for false references
The Financial Services Authority (FSA) has banned a financial adviser after he gave false references from a previous employer, from which he had been dismissed for dishonesty.
09/12/2012
RPC and Freshfields advising on latest Barclays litigation
Freshfields is advising Barclays with a team headed up by London disputes partner Simon Orton, alongside Ewan McQuater QC, David Quest and Sandy Phipps from 3 Verulam Buildings.
09/12/2012
FSA hands out life ban to HBOS director
Former HBOS executive Peter Cummings is to be hit with both a £500,000 fine and a lifetime ban from the industry.
09/12/2012
FSA proposes tough new rules for non-UK banks
Regulator says costs to implement measures to protect UK savers could costs US banks alone more than £1.1bn.
09/12/2012
RBS, others sue Dubai Group over $10 billion debt
Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler, seeking immediate repayment after abandoning talks to restructure $10 billion in debts.