Leeson's boss: 'trading reform vital'

Peter Norris, Nick Leeson's boss when the rogue trader brought down Barings, has called for industry-wide reform of risk systems in the wake of the UBS trading scandal.


Tax: Jurisdictions move towards full tax transparency

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.