02/24/2013
Norton Rose supports launch of Link - the LGBT Insurance Network
Norton Rose has been instrumental in creating Link - the Lesbian, Gay, Bisexual and Transgender Insurance Network - and is supporting its launch.
Legal, Regulation & Compliance
02/24/2013
Big Four chastised by Competition Commission
The Commission made clear that auditors are accountable to shareholders first and foremost
02/24/2013
Libor Fixing Scandal: Brussels Adds Swiss Franc Swaps to Probe
The European Commission has expanded its 18-month antitrust investigation to include new currency denominated financial product
02/21/2013
Libor setting 'still not clean' despite scandal
The Libor scandal emerged in June last year when UK and US authorities fined Barclays £290m for fixing the key inter-bank interest rate.
02/21/2013
How RDR has changed the fund management industry
The majority of advisers had already started charging their clients for advice rather than taking commission
02/21/2013
Withers turns to Appleby for pan-Europe investment push
At Withers he is charged with setting up a team that will act for investment fund clients across Europe as the EU’s alternative investment fund managers directive is implemented later this year.
02/21/2013
Austrian Study Cautions Against New Wealth Taxes
Insisting that new wealth taxes are "utter nonsense" from an economic point of view
02/21/2013
Tax dodgers named on HMRC list
The naming and shaming exercise is part of a crackdown that includes larger fines and tracing previous evaders
02/20/2013
CREDIT AGRICOLE - CEO : Proposed Banking Reform Would Affect 1% of Revenue
It would constrain French banks to transfer into a separately funded entity its speculative activities, and would ban certain activities such as high-frequency trading and some forms of commodities trading.
02/20/2013
Clifford Chance names new managing partner for Spain
Clifford Chance has announced corporate specialist Jaime Velázquez as managing partner of its Spanish offices
02/20/2013
KPMG partner profits down more than £100k
KPMG had earlier revealed a 13% fall in profits for the year
02/19/2013
Mansion Tax - A silly way to tax wealth
Taxing property unlikely to yield much success says one commentator.
02/19/2013
Sound remuneration policies on the AIFMD - Final guidelines released - Withers
The Guidelines follow ESMA’s consultation on the draft remuneration guidelines which closed in September 2012.
02/18/2013
Tax Dodgers 'Should Be Named And Shamed
Avoidance schemes are "running rings" around HMRC and those who use them should be made public, according to MPs.
02/18/2013
FSA launch adviser charging review
FSA has launched a thematic review into the disclosure and delivery of adviser charging in the post-RDR regulatory landscape
02/18/2013
Court gives high sentences for tax evasion in metal trading
The fraud was based on the existence of a "lost retailer" among the firms
02/18/2013
Lloyds fined £4.3 million
LBG failed to establish an adequate process for preparing redress payments to send to PPI complainants.
02/17/2013
EuroFinUse proposes new measures to ensure MiFID II capital market structures do not discriminate individual investors further
There is evidence that transaction costs did not significantly come down for individual investors
02/17/2013
G20 ‘determined’ to address tax evasion by multinational companies
“We are determined to develop measures to address base erosion and profit shifting.”
02/17/2013
FSA Faces Legal Action over Mis-Selling Derivatives Review
The Manches-led group action has three months from the date the findings from the Pilot Scheme were announced to file the lawsuit.