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.
Legal, Regulation & Compliance
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.
10/31/2012
Barclays struggles to escape Diamond's shadow
Two fresh inquiries into conduct are set to spark further fines, while third-quarter profits have been knocked by PPI mis-selling charge
10/31/2012
JP Morgan sues London Whale’s boss
JP Morgan is suing the former boss of Bruno Iksil, the trader nicknamed the London Whale because of the size of the bets he made in helping to rack up a $6bn (£3.7bn) loss at the bank.
10/31/2012
Clarke Mairs acquisition strengthens Private Client Service team
Clarke Mairs is celebrating the growth of its Private Client Services division following the acquisition of Neil McQueen Duncan & Egner.
10/30/2012
Cooke Young & Keidan wins right to take Barclays Libor claims to High Court
Clifford Chance has failed in its attempt to have Libor rate-fixing claims
10/30/2012
Libor Complaint Prompts Paris Prosecutors to Open Inquiry
Paris prosecutors opened a preliminary inquiry
10/30/2012
FSA sees rise in whistleblowing cases
‘Whistleblowing cases are becoming much more common and they can be hugely significant for companies; we have investigated cases where losses of up to £1 billion have been reported by a whistleblower.'
10/30/2012
Barclays hit by fresh US investigations
Barclays, already rocked by an interest rate rigging scandal, unveiled two new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.
10/30/2012
Targeting corporate wealth on divorce
The Court of Appeal has made a landmark ruling on spouses’ ability to break through complex structures to deliver a divorce settlement.
10/30/2012
Greek publisher in court over Swiss bank names
Greek prosecutors say the more than 2,000 Greek names were given to Greece’s government by French authorities.
10/30/2012
UK Law firm strengthens Private Client team
He has spent over six years working with high net worth individuals, honing his private client expertise.
10/29/2012
Connaught specialist partner refuses to pay Connaught management fee
Connaught Income Fund Series 3 specialist partner
10/28/2012
HMRC woos divorcees for tax evasion tip-offs
“HMRC is under intense pressure from the Treasury to increase the tax yield for the Exchequer and they are increasingly resorting to unorthodox methods to get the job done, such as paying informers for tips that may lead to the opening of enquiries
10/28/2012
India, Spain sign tax avoidance agreement
The government's recent initiatives in revising tax treaties have helped the flow of information from foreign countries.
10/28/2012
Files on alleged AIB fraudster's luxury jet revealed in court
Mr Kallakis and his co-accused Alexander Williams are facing charges that they conspired to defraud AIB in Britain
10/28/2012
GDF Suez’s Belgian Units Accused of Tax Evasion
"It’s a conflict of legal interpretation."
10/28/2012
Court could force Barclays to release Libor emails
Lawyers for Guardian Care Homes are set to claim in court on Monday
10/28/2012
Bank of England's handling of financial crisis to be scrutinised in reports
Three reviews commissioned by central bank in May are due to be published this week
10/28/2012
FSA bans another adviser over Ucis failings
The firm advised 94 customers to invest over £12 million in UCIS.