03/01/2012
Linklaters corporate partner takes role at Milbank
He has spent his entire career at Linklaters having joined as a trainee in 1983, was formerly co-head of the firm's retail industry group and has close ties to a number of large corporate clients.
03/01/2012
Lehman, MF Global Clients Face Losses After U.K. Court Ruling
Lehman Brothers International Europe held $2.16 billion in segregated accounts in 2008 when its parent company collapsed in the largest bankruptcy in U.S. history.
03/01/2012
Monti Turns Screws On Italy's Tax Evaders
To look for further revenues, Monti has now also established a new tax evasion task force, including senior officials from the Ministry of the Economy and Finance, the Revenue Agency, the financial police and the Customs Agency.
03/01/2012
Three arrested in FSA insider dealing investigation
Three individuals, two men aged 43 and 42 and a woman aged 35 have been arrested and are currently in custody to be questioned in connection with an investigation in to insider dealing.
02/29/2012
Swiss lawmakers back U.S. tax plan; further vote Monday
The proposal, which clarifies how Switzerland would hand over data on Americans suspected of dodging taxes at home, seeks to backstop an expected deal over U.S. probes into 11 banks including Credit Suisse and Julius Baer, likely to comprise a data handov
02/29/2012
Osborne plans new tax avoidance law
A new law against corporate tax avoidance will be announced in George Osborne's budget next month, the Guardian reports.
02/29/2012
Leading private client lawyer joins Newcastle law firm
She joins from Speechly Bircham
02/28/2012
Tax avoidance clampdown: Barclays statement in full
Barclays said it was the bank at the centre of a clampdown by Britain on two tax avoidance schemes that the government said would close loopholes and raise more than £500m in tax. Here is the bank's statement:
02/27/2012
Offshore tax move for British engineering champion, Sir James Dyson
Financial Mail has established that in 2009 the vacuum cleaner entrepreneur sold his business to Clear Cover Limited, a company that he owns, which is incorporated in Malta.
02/27/2012
How to have a 'nice' divorce
Debrett’s Guide to Civilised Separation is not all social niceties, however.
02/27/2012
Bank tax dodges halted by retrospective law
A bank in the UK has been forced to pay more than half a billion pounds in tax which it had dodged by using "highly abusive" tax avoidance schemes.
02/26/2012
HMRC launches tax evasion task force
In what has been described as a "gloves off" approach, HMRC will be launching the new task forces in the 2012/13 tax year, which begins April 6.
02/26/2012
Metals trader fraudster given extra seven years
The banks – including West LB, JP Morgan Chase and Dresdner Bank – lost more than £400m after they were duped into backing a series of bogus metal shipment trades by Rastogi's firm RBG Resources and related companies.
02/24/2012
Weil Gotshal lands first BC Partners fundraising since hiring CC team
BCEC IX is reported to be the biggest European buy-out fund to have a final close since the height of the financial crisis.
02/24/2012
Mishcon harnesses private client nous with advisory launch
It will also offer concierge services - an extension of the 24–hour, 365 days a year global concierge service the firm launched in conjunction with leading luxury lifestyle group, Quintessentially, in 2010.
02/23/2012
Citi, UBS provide keys to widening interest rate-rigging probe
Citigroup and UBS, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest r
02/23/2012
Greece signs international tax agreement to tackle tax evasion
The Convention promotes international co-operation in the assessment and collection of taxes.
02/23/2012
U2′s bass player Adam Clayton is suing Bank of Ireland Private Banking and chartered accounting firm Gaby Smyth & Co over claims that his former personal assistant took over €4.8 million from his bank accounts.
02/22/2012
Keydata founder seeks probe ban on FSA staff who saw e-mails
Keydata administered 2.8 billion pounds ($4.42 billion) of assets when the FSA asked a court to place it into administration in 2009.
02/22/2012
Scottish firm Biggart Baillie advises Rangers FC administration
The news comes as the English football club Portsmouth FC have also applied to enter administration for the second time in recent years, amid growing concerns that football's financial bubble is about to burst.