03/03/2015
Banks' PPI bill now totals £24.4bn
The bill for the mis-selling of payment protection insurance (PPI) by the five biggest banks in the UK has now reached £24.4bn, says consumer group Which?.
Legal, Regulation & Compliance
03/02/2015
Austria imposes debt moratorium on Heta "bad bank"
Sunday's step, allowed by new legislation that gives banking supervisors more power
03/02/2015
Deutsche Bank co-CEO to face trial on false testimony chages
The higher regional court in Munich said in a statement that the trial would begin on April 28 and last at least until August.
03/01/2015
One in 10 bankers scraps bid for top UK job as vetting gets tougher
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis
03/01/2015
No wonder Nick Clegg has gone quiet on tax dodging: His wife's paid by law firm that helps rich avoid tax and his father is chairman of bank with ties to tax haven
'His failure to make more noise is odd' says prominent tax QC
03/01/2015
UK Serious Fraud Office Investigates “Ethical” Investment Company
This past week the SFO carried out two search warrants in Hertfordshire. It is asking anyone who invested in either Global Forestry Investments or Global Forex Investments to complete a questionnaire on the SFO website.
02/28/2015
Biggest Global Banks Shrink Under Pressure From Regulators
Global regulators have issued dozens of rules aimed at making the biggest banks safer
02/27/2015
Head of Geneva, Luxembourg and Singapore freeports under investigation
Yves Bouvier and two associates are detained in Monaco in fraud enquiry
02/27/2015
Former Canada Life agent pleads guilty to theft of €270,000
Offences alleged to have happened when he worked for the company in 2010 and 2011
02/27/2015
Gordons confirms recruitment as lawyers exit private client team
Law firm Gordons is recruiting for roles in its private client team as four of its members are set to leave, The Yorkshire Post can reveal.
02/27/2015
Change at the Top at Trethowans
In addition to his litigation role, Chris has been appointed by the Court of Protection to act as a Professional Deputy
02/27/2015
Collas Crill advises on London Stock Exchange listing
Sean Cheong, partner in Collas Crill Guernsey commented, "We are delighted to be working with the principals of Challenger and their advisers in this new venture. We look forward to supporting Challenger in the acquisition phase of its growth."
02/26/2015
Bank of England's Carney shifts research focus towards finance
The Bank of England needs to focus more of its research on financial markets and on the effectiveness of its new regulatory powers
02/26/2015
Fifty Shades of FATCA by Withers
Absent another horse meat scandal, the clear focus on the evils of tax avoidance seems here to stay until the General Election; with the major political parties all seeing an easy way to win votes (while trying to defend individual action taken by their o
02/26/2015
Good news for the skiing chalet and the villa in the South of France by Withers
Most continental European countries including Italy, France and Spain impose ‘forced heirship’ rules, so that owners of real property situated in the country must leave a share of the property directly to their children on death and cannot lea
02/26/2015
Re: Basics for Boris by Withers
We here at Withers are aware of your recent US tax woes...
02/25/2015
Central Bank: Buda- Cash Brokerage Could Cause Huff 100 Billion Damage
The National Bank of Hungary has suspended the licence of brokerage Buda-Cash with immediate effect on suspicion of wrongdoing.
02/25/2015
Managers face Swiss Legal Representative requirement
The sands of time are running out for hedge fund managers wishing to continue distributing their funds to Swiss investors.
02/25/2015
HLW Keeble Hawson Set For Recruitment Drive
The law firm is now forecasting another turnover rise and is undertaking a recruitment drive throughout 2015.
02/25/2015
Jersey chief minister 'disappointed' at Miliband letter
Earlier this month Miliband said a future Labour government would push for UK overseas territories to be put on an international blacklist if they refuse to co-operate with a drive against tax avoidance.