07/09/2012
The SFO probe relates to interest rate swaps between the fund and a company in the British Virgin Islands which “had the effect of inflating the net asset value of the fund,” the agency said in statement on its website.
07/09/2012
It is alleged that the Baker Tilly employee seconded to Barclays took information about one of the bank's clients and handed it to the firm.
07/09/2012
Proskauer continues to strengthen its global capital markets capabilities with the upcoming addition of three partners and a senior counsel in the firm's London office.
07/09/2012
n the wake of the shake-up, Herbert Smith’s current head of real estate Ian Cox has been linked to the new role of London managing partner.
07/09/2012
Recent changes to the French tax system announced by president Francois Hollande’s government may not be so serious for British and other owners of French properties, believes UK regulated specialist mortgage broker Offshoreonline.org.
07/08/2012
Royal Bank of Scotland is fighting a court order requiring it to co-operate with an international criminal investigation into allegations its staff fixed a key banking lending rate.
07/08/2012
The case could lead to criminal charges being brought against individuals.
07/08/2012
Shares of Deutsche Bank AG slumped 5.3% in New York trade on Friday.
07/08/2012
Big banks and insurers have been forgiven more than £60m in fines for mis-selling and other wrongdoings by the City watchdog since 2010, an Independent on Sunday investigation can reveal.
07/08/2012
It’s a scandal that broke with a classic newspaper scoop.
07/08/2012
We remain deeply sorry for the disruption our customers encountered, and I would like to acknowledge their understanding and patience.
07/08/2012
A political row in Britain over the fixing of interbank lending rates deepened on Saturday after the publication of confidential advice from UBS to the former Labour government on how to reduce the key Libor rate at the height of the financial crisis in 2
07/08/2012
Its collapse in 2009 contributed to a £58m interim levy on investment advisers.
07/08/2012
Media’s ‘bad apple’ theory no longer works
07/05/2012
The Bill has extended the exemption period given to US companies establishing operations in Ireland under which they can prepare their financial statements using US GAAP accounting standards.
07/05/2012
Over £30m will be recovered from tax dodgers as HM Revenue & Customs (HMRC) launches new taskforces around the country.
07/05/2012
On its face, the AIFMD restricts its scope to the regulation of investment managers rather than underlying funds being managed.
07/05/2012
The Financial Services Authority has told advisers they must make it clear to clients who manages their investments when outsourcing to a discretionary fund manager.
07/05/2012
Pensioenfonds Vervoer, which has assets of 7 billion euros, is suing the bank over the way the unit managed the pension funds.
07/04/2012
The regulator cannot make people or organisations behave better. But it can create an environment that rewards good behaviour.