09/05/2011
SFO joins US inquiry into bank practices
SFO joins US inquiry into bank practices
Legal, Regulation & Compliance
09/02/2011
Libyan citizens in UK have funds unfrozen
The plea came after the bank received apparently contradictory instructions from the old and new regimes requiring it to freeze the accounts (the old regime) and unfreeze the accounts (the new regime).
09/02/2011
FSA freezes firms’ assets
FSA freezes firms’ assets
09/02/2011
Italy courting disaster with austerity plan chaos
Italy’s plan to balance its budget by 2013 lacks detail, does not add up and changes from one day to the next, raising the risk that the country will be sucked back into the middle of the eurozone debt crisis.
09/02/2011
Bakers and DLA lose Amsterdam lawyers to financial services start-up
A team of lawyers drawn largely from the Amsterdam offices of Baker & McKenzie and DLA Piper has launched a new firm focusing solely on financial services law.
09/01/2011
London biggest loser as banks look to book trades overseas to reduce costs
Banks in Europe are exploring ways to cut costs by routing more of their trades and other business through overseas subsidiaries, a plan that may shift tax revenue away from London and loosen European regulators’ influence over the lenders.
09/01/2011
Pinsents and SJ Berwin consider merit-based partner pay shifts
Pinsents and SJ Berwin consider merit-based partner pay shifts
09/01/2011
UK law firm revenues top £15bn in 2011
UK law firm revenues top £15bn in 2011
08/31/2011
HSBC faces trouble over PPI complaints as deadline looms
HSBC faces trouble over PPI complaints as deadline looms
08/29/2011
UK and Switzerland agree tax deal
UK and Switzerland agree tax deal
08/25/2011
Swiss HSBC unit loses plea to block database
One of France's highest courts rejected a plea on Wednesday by a Swiss unit of HSBC bank that a French government database of citizens holding bank accounts abroad should be blocked as an excess of power.
08/24/2011
Austria Backs Tobin Tax Drive
Austria Backs Tobin Tax Drive
08/23/2011
Ex-UBS client ordered to give tax records to grand jury
Ex-UBS client ordered to give tax records to grand jury
08/22/2011
Fraud office risks having to deal with deluge of EU cases
Fraud office risks having to deal with deluge of EU cases
08/22/2011
FinanceMalta hosts back-to-back events in London
FinanceMalta hosts back-to-back events in London
08/18/2011
Providers have uphill battle to get RDR embedded: Ingram
Threesixty founder David Ingram has turned his attention to product providers, fund management groups and trade bodies in a new business aiming to help firms prepare for regulatory changes.
08/18/2011
Whiskey, wine fraud that took in $49m brings 5-year term for Briton
Whiskey, wine fraud that took in $49m brings 5-year term for Briton
08/17/2011
What Is The "Tobin Tax" That Sarkozy Wants To Bring To Europe?
This isn't the first time leaders have looked to the Tobin tax, to boost revenues but it has never received much favor.
08/16/2011
FRC passes claim about PwC to discipline board
The Financial Reporting Council (FRC), the organisation responsible for corporate reporting and governance, claims that PricewaterhouseCoopers (PwC) failed to report adequately on JP Morgan's compliance with UK rules to protect the investment bank�
08/16/2011
Credit Suisse likely to settle criminal tax probe, lawyers say
Credit Suisse, the second-largest bank in Switzerland, has too much to lose by fighting the Justice Department and risking indictment, said lawyers not involved in the case.