07/23/2012
HSBC last week apologised and its head of compliance David Bagley resigned after US lawmakers accused the London-based bank of failing to apply anti-laundering rules, benefiting Iran, terrorists and drug dealers.
07/23/2012
For decades the British Trades Union Congress has been arguing that closing down avoidance opportunities for wealthy individuals and business would limit the need for public sector cuts.
07/23/2012
He resigned from the bank in 2008 after the "inappropriate" failure to disclose €87m (£82m) in personal loans from the bank.
07/23/2012
The Treasury Committee has turned to Devereux Chambers corporate and financial crime silk Jonathan Fisher QC to advise it on an investigation into the ongoing fallout from the Libor scandal.
07/23/2012
It is his first such role and Fisher has been instructed to advise on both the civil and criminal enforcement issues relating to the inquiry.
07/23/2012
Tax avoidance has become a hot topic in the UK recently, with the government keen to be seen as cracking down on the practice. Last month, a number of high profile celebrities were revealed as having participated in legal schemes including the 'K2&am
07/22/2012
WPP, the world’s biggest advertising group, has already committed to moving its company headquarters back to London from Dublin, and a slew of others are expected to follow suit.
07/22/2012
De Tijd quoted Belgian Finance Ministry spokesman Francis Adyns as saying officials are investigating how some Belgians used the funds to avoid tax.
07/22/2012
Bribery is a serious charge in Germany in which suspects are usually arrested but nevertheless, the 81-year-old British multi-millionaire has said he will attend this weekend's German Grand Prix at Hockenheim.
07/22/2012
The Panel has long argued that the defective culture of financial services organisations is at the root of misselling. Providers putting their own interests above those of the customer have characterised both the PPI and Libor scandals.
07/22/2012
The battle for land rights on the divided island has been the subject of intense legal battles for many years.
07/22/2012
It also questioned the effectiveness of the commission's investigations into fraud, adding that its efforts are limited to some extent by its budget.
07/22/2012
The business legal services division is a cornerstone of the firm’s growth plan (20 April 2011), which is to attract external investment and build up a £50m warchest.
07/22/2012
O’Melveny funds partner John Daghlian led the City team for the longstanding client on the fundraising, with the final closing announced last week.
07/22/2012
The latest banks to agree to a review make up around 10 per cent of interest rate swap sales in the UK.
07/19/2012
Calls to Zrihen, who joined Lombard Odier in December 2010 as a member of the fixed income portfolio management team, were not picked up.
07/19/2012
Richard Heis, the joint special administrator of MF Global UK, said: '[The] court hearing represents an important milestone in returning some £54 million of agreed client assets.'
07/19/2012
Mr Lavrentiadis, who held stakes in chemicals, pharmaceuticals and media companies and a private bank that collapsed last year, is already being investigated by a Greek prosecutor for alleged criminal fraud, embezzlement and money-laundering. He has denie
07/19/2012
The prosecutor late Wednesday asked a Milan court to fine the banks 1.5 million euros each and asked they return their 72.5 million euros of illicit profit from the contracts.
07/19/2012
"AIM's lack of transparency means there is a black hole at the heart of its regulatory system," said Tricia Feeney, RAID's Executive Director.