01/06/2013
Thomson Reuters Launches FATCA Compliance Solution
Combined Market Leading Content and Technology Reduces Regulatory Burden for Firms
Legal, Regulation & Compliance
01/04/2013
FSA fines The Co-operative Bank plc for failing to handle PPI complaints fairly
The Financial Services Authority has fined The Co-operative Bank plc £113,300 for failing to handle payment protection insurance complaints fairly.
01/04/2013
HMRC publishes Flickr gallery of 2012's 'top tax criminals'
Tax office posts pictures of 32 cheats, from cigarette smugglers to advisers working for rich clients
01/03/2013
Expelled Sesame IFA loses legal battle for FSA authorisation
'Our conclusion is that the FSA had sound reasons for rejecting the applications for authorisation and approval.'
01/03/2013
Luxembourg Improves Tax Transparency
The Luxembourg government has published a retrospective overview of the key decisions to improve tax transparency and cooperation in tax matters taken by the governing council in 2012.
01/02/2013
Updated UK-Singapore DTA In Force
The Second Protocol to the DTA was signed in Singapore on February 15, 2012
01/02/2013
Germany Unveils Key Tax Changes In 2013
ELStAM aims to simplify the existing system
01/02/2013
Why France May Scrap Its Planned Millionaire Tax
Politically, though, resuscitating the tax may be more trouble than it’s worth.
01/01/2013
Online investment sellers set to gain
These changes are intended to reduce the risk of commission payments acting as an incentive for mis-selling.
01/01/2013
FSA bows out with record fines
FSA expected to disband in April
01/01/2013
£5billion tax raid on British fortunes in Swiss banks... but we will never know identities of 'tax avoiders'
HMRC to claw back money British investors have hidden in Swiss banks
01/01/2013
FSA fails to crack down on bankers' pay
FSA staff have been holding back from launching enforcement cases and are instead opting for regular informal conversations with banks and brokers.
01/01/2013
FATCA: A new era of financial transparency
The IRS's powerful new tool chips away at bank secrecy.
01/01/2013
HMRC to investigate investors in Manx tax avoidance scheme
The scheme in question involved using financial derivative products called “contracts for differences” and it is understood that those who used the scheme are considered sophisticated investors by HMRC.
01/01/2013
Expats in Spain warned to declare offshore assets
The new rules come into force just a month after a tax amnesty ended. As reported, under that scheme, Spanish taxpayers with undeclared taxable assets were given the opportunity to declare them in return for having to pay no more than a flat 10% levy.
12/30/2012
Blow for Hollande as French court blocks millionaire tax
France's socialist president Francois Hollande suffered a setback as the country's highest court ruled his plans for a 75pc tax on its highest earners were unconstitutional.
12/27/2012
Swiss hint of U-turn reopens rift over bank secrecy
Switzerland's aim of preserving banking secrecy has been cast in doubt after the finance minister suggested all options are open, reopening the debate over a pillar of the country's economy.
12/27/2012
Porsche wins dismissal of $1bn hedge fund lawsuit
Porsche has won the dismissal of a lawsuit by 26 hedge funds that accused the German car maker of causing more than $1bn of losses by cornering the market in Volkswagen shares.
12/27/2012
Greek prosecutors comb through Swiss bank account list
Given to Greece for a second time by French authorities on December 21, the list contains hundreds of names of Greek account holders at global bank HSBC in Switzerland, which authorities want to investigate over suspected tax evasion.
12/23/2012
Interdealer brokers come under spotlight in Libor investigation
Interdealer brokers, the financial institutions that act as go betweens in transactions between major investment banks, could be the next companies to face regulatory scrutiny over Libor manipulation, according to experts.