Managers of Wealth Europe

Tax avoidance targeted by European Union

Some big companies take advantage of these loopholes to avoid paying millions of euros in tax

Stephenson Harwood files £200m SFO damages claim for Tchenguiz Family Trust

The SFO has instructed 5 Essex Court silk Jeremy Johnson QC to defend a £200m damages claim brought by businessman Vincent Tchenguiz.

Britain threatens to veto EU bank supervisor

Britain has threatened to veto the creation of a new eurozone banking supervisor unless the European Union also agrees to protect the City of London from protectionist financial regulation.

UK lags behind the rest of the EU in preparing for SEPA Direct Debit

Many organisations to miss out on benefits, impacting EU competitiveness, finds study from Steria and EDC

PwC General Counsel to join Norton Rose in January 2013

He joins from PwC where he is General Counsel and has been a member of the UK firm"s Executive Board for the past ten years.

Operating Principles and Areas of Exploration in the Regulation of the Cross-Border Derivatives Market - ESMA

Operating Principles and Areas of Exploration in the Regulation of the Cross-Border Derivatives Market

Baker & McKenzie remains leading law firm brand among in-housers

The findings form part of Acritas’ third annual ranking of the strongest global law firm brands which clearly shows that internationalisation holds the key to law firm brand strength.

FSA to appoint administrators to oversee Libor submissions

By making the act of administrating Libor a regulated act, the FSA has proposed removing the British Bankers

Fund industry could take up to a decade to alter fees model

Levels would be determined by market forces but warned a drop in fees would not happen immediately.

Linklaters accounts reveal £2.5m payout for 2011-12's top earner

The firm this summer reported a 1.5% increase in average profits per equity partner to £1.243m.

George Osborne targets ‘cowboy’ tax advisers and their schemes to shelter wealth

Tax avoidance is estimated to cost the country a staggering £32 b illion a year. Further action to shut loopholes is expected on Wednesday in the Chancellor’s Autumn Statement.

Linklaters' Aussie alliance partner names new chairman

He will begin his term as chairman on 1 January 2013.

SEI gears for post-RDR UK push

SEI Investments is a Pennsylvania-based investment giant, currently running $195bn in assets under management globally.

German Tax Authorities Look Into Deutsche Bank, Commerzbank Clients

The inquiries have become public a few days after tax authorities raided the offices of the German unit of Italy's UniCredit SpA, HypoVereinsbank, on suspicion of tax evasion.

Ascentric adds legal services to platform

The products are available online and a fully-qualified solicitor will review every case to ensure client needs are met properly.

B of A, UBS Settle Derivatives Dispute With Italian Region

B of A and UBS brought suit in a London court against Lombardy to uphold the swap arrangement.

FSA delays platform paper publication to 2013

The Financial Services Authority (FSA) has extended its deadline for platforms to implement the changes it will implement in its forthcoming platform policy paper.

France Sexy No More for Entrepreneurs Escaping Hollande

France looks more like an old maid to me

Adoboli’s Ex-Manager Sues UBS Saying Firing Was Race Bias

He was UBS’s head of European cash trading, alleges race discrimination and unfair dismissal in a lawsuit filed in June at a London employment tribunal

Third time unlucky for UBS

UBS faces a third FSA investigation in four years, this time for Libor. A record-breaking fine is coming its way…

Legal, Regulation & Compliance