07/30/2012
It is also consistent with the recent European Commission Communication on Corporate Social Responsibility (CSR)2 and linked to other financial reforms aimed at helping to rebuild confidence in European financial markets amongst retail investors.
07/29/2012
Linklaters has one of the leading finance practices in Belgium.
07/29/2012
The team is headed by employment partner Helga Breen, white collar crime and fraud partner Eoin O’Shea and partner Richard Everett, a financial services regulation specialist.
07/29/2012
From the end of March, banks and building societies will be forced to check that customers are eligible for the insurance they sell as part of packaged current accounts that carry a monthly fee.
07/29/2012
The quality of the warnings, known as STRs, has been deemed to be good and several have sparked investigations by the regulator’s market monitoring divisions.
07/29/2012
Trade minister who headed banking division is facing further pressure
07/29/2012
Ireland’s High Court found both men and the elder Quinn’s nephew Peter Darragh Quinn in contempt of court last month for putting assets outside of the reach of Anglo Irish’s successor, Irish Bank Resolution Corp.
07/29/2012
Stephen Hester has warned that Royal Bank of Scotland is facing a huge fine over the Libor scandal that has engulfed Barclays.
07/29/2012
HSBC is also likely to face questions over the potential impact of Libor-related claims.
07/29/2012
Adam Lancelot, 35, spent his earnings on a Mercedes convertible, a kitchen refurbishment, foreign holidays and restaurant meals.
07/29/2012
He said that the taxpayer-backed bank was being probed as part of the Financial Services Authority (FSA) investigation into the rigging of the Libor. Barclays lost three executives and faces a £290m fine.
07/29/2012
The Financial Services Consumer Panel has today made six recommendations that it believes are essential if the FCA is to deliver more effective protection for consumers than its predecessor
07/26/2012
These hedge funds have responded with in-depth internal probes which they hope will assure investors that they did not collude with the banks, are completely clean and will not become embroiled in the affair, people familiar with the funds said.
07/26/2012
Central to this programme is the view that professional bodies such as STEP have a key role in working constructively with tax authorities around the world to develop guidelines as to what constitutes abusive tax avoidance.
07/26/2012
The OECD welcomed today a new model international tax agreement designed to improve cross-border tax compliance and boost transparency.
07/26/2012
This is a key step towards delivering on the commitment to an intergovernmental approach to implementing the US Foreign Account Tax Compliance Act (FATCA) made by the same countries in their joint statement published on 8 February 2012.
07/26/2012
The FSA's probe also relates to a debt sale by Barclays the following year.
07/26/2012
The six betrayed the principles of confidentiality and trust that are essential to the operation of the commercial world, the judge added.
07/25/2012
It is the biggest fine ever charged against a bank by the CNBV, the Mexican regulator said.
07/25/2012
Turner (pictured) said in a speech at Bloomberg that the banking sector required new entrants in order to improve public perception, but that the practice of offering current accounts with no charge was preventing this.