11/06/2012
Platforms push FSA for fund manager payment exemptions
The FSA’s latest consultation paper, published in June, proposed the banning of all payments between fund managers and platforms from the end of December 2013.
Legal, Regulation & Compliance
11/06/2012
FSA sets out process for complaints about new regulators
The Government announced in January that a single complaints commissioner will assess complaints across both the Financial Conduct Authority and the Prudential Regulation Authority.
11/06/2012
Italian police seize castle in €65m tax probe
Italian police have seized assets worth €65m (£51.9m) in a tax probe involving the €5.3bn sale of fashion houses Hugo Boss and Valentino in 2007.
11/06/2012
Complete transparency on charges needed: 7IM
The lack of transparency on investment charges is scandalous
11/05/2012
JPMorgan GC takes Emea role following internal revamp
She was originally promoted to general counsel of the investment bank in 2008, having joined legacy Chase Manhattan, which merged with JPMorgan in 2000, from Clifford Chance in 1993.
11/05/2012
Linklaters heads to CoA on Commerzbank bonus fight
In total 104 ex-bankers launched a High Court claim in September 2009
11/04/2012
Three reports slam Bank of England governance structure
The three reviews into the BoE's performance and capabilities were commissioned in May by the Court of the Bank of England, which manages the affairs of the bank but does not deal in monetary policy.
11/04/2012
British banks face new crisis as a result of accounting rules
British banks are to be forced to raise tens of billions of pounds in fresh capital
11/04/2012
Tax haven property markets thrive as political scrutiny grows
"The tax avoidance business is alive and well," tax adviser turned campaigner Richard Murphy told Reuters.
11/04/2012
Wealthy Greeks Still Don't Pay Taxes
Average Greeks are reeling under the strict austerity measures passed in order to balance the country's budget. Top earners, on the other hand, continue to evade the tax man. Most of the self-employed in Greece significantly underreport their earning
11/04/2012
RBS could settle Libor investigations within months
Royal Bank of Scotland could announce a multi-million pound settlement within months over allegations its staff attempted to manipulate Libor.
11/04/2012
Swiss President Hopeful On German Tax Deal
The agreement, which is similar to deals already ratified by Austria and Britain
11/04/2012
UBS trader in horse-race fixing probe
A SENIOR trader with troubled financial giant UBS is at the centre of a horse-race fixing probe.
11/01/2012
India inks protocol with U.K. to amend tax pact
In its continuing drive to check tax evasion and proliferation of black money, India has signed a protocol with the U.K. for amending the convention between the two countries for avoidance of double taxation and prevention of fiscal evasion with respect
11/01/2012
FSA reveals new remuneration reporting policy
The regulator has published a policy statement outlining the responses
11/01/2012
Wealthy Greeks Still Don't Pay Taxes
Average Greeks are reeling under the strict austerity measures passed in order to balance the country's budget. Top earners, on the other hand, continue to evade the tax man. Most of the self-employed in Greece significantly underreport their earning
11/01/2012
Serious Fraud Office made 'irregular' £400,000 payoff to chief executive
National Audit Office qualifies SFO's accounts over way Phillippa Williamson's voluntary redundancy was handled
11/01/2012
Linklaters, BLP and Ashurst secure spots as Lloyds appoints legal panel
The trio have been re-appointed to the line-up alongside firms including Eversheds, CMS Cameron McKenna, Stephenson Harwood and Osborne Clarke, with most successful firms learning of their appointments this week.
10/31/2012
HMRC Turns Screws On Self-Assessors
HMRC's aim is to obtain GBP7bn in additional revenue a year by 2014-15, and UHY attributes the pressure to meet this target as the reason behind the more detailed scrutiny of self-assessment returns.
10/31/2012
Sanlam in pension payouts to ex-clients over churning claim
Payout of more than £103,000 comes after two complaints were taken up by IFA Defence Union founder Evan Owen.