10/04/2012
Dutch Justice department examines Rabobank's role in Libor - report
The Dutch agricultural cooperative bank was accused in September 2011 by some U.S. investors
Legal, Regulation & Compliance
10/04/2012
RBS Said to Suspend Trader Over Interest Rate Rigging
He is the first RBS employee to be suspended or fired for attempting to rig a benchmark other than the London interbank offered rate, one of the people said.
10/04/2012
Ex-Greek deputy interior minister in wealth probe kills himself
He served as deputy interior minister from 1999-2000 after being elected to parliament as a lawmaker for the socialist PASOK party in 1993.
10/03/2012
Miliband ducks questions over his own wealth
Ed Miliband found it easy enough to criticise David Cameron’s “millionaire” status, but when questioned about his own personal wealth, the Labour leader struggled to find an answer.
10/03/2012
UBS trader was interviewed as suspect
A close colleague of accused UBS “rogue trader” Kweku Adoboli was interviewed by police as a suspect, a London court heard on Wednesday.
10/03/2012
HMRC 'discriminates against millionaires'
The taxman appears to have launched "a discriminatory attack" on millionaires, a leading accountancy firm has said.
10/01/2012
FSA targets wrap and Sipp providers in Ucis clampdown
The ban would cover what the FSA calls “non-mainstream pooled investments” including Ucis, qualified investor schemes, securities issued by special purpose vehicles and traded life settlements.
10/01/2012
France and Germany try to revive EU-wide financial transaction tax
The undated letter solicits the Commission to ask the 27 EU member states to decide whether they want to cooperate on a common FTT.
10/01/2012
Covington & Burling has announced that it has elected 15 new lawyers to its partnership.
This group is comprised of diverse and talented individuals from five offices who have made their mark at the firm through exceptional work and the highest standards of client service.
10/01/2012
UK FSA warns investment advisers not to evade retail reforms
Under the new system, people seeking financial advice will pay a fee for the service, as opposed to a commission if they buy an investment product. Regulators argue the new system will ensure independent advice.
10/01/2012
Citco launches FATCA compliance program for clients
The Citco Group of Companies has announced that it has undertaken an extensive Group-wide initiative to ensure full compliance with FATCA regulations.
10/01/2012
Four charged in £3m insider dealing case
A number of individuals remain under investigation.
09/30/2012
FATCA: Model Intergovernmental Agreement Released
This is a key step towards delivering on the commitment made by the same countries in their joint statement published in February 2012 that first heralded this intergovernmental approach.
09/30/2012
Tribunal upholds FSA decision to ban and fine Swiss fund manager
The Tribunal also directed the FSA to ban all three individuals from performing any role in regulated financial services.
09/30/2012
Thousands in Germany protest against wealth tax
Organizers said Saturday around 40,000 people took to the streets in 40 cities to demand a more equal society.
09/30/2012
FSA lifts estimate of mis-sold swaps
More than 40,000 interest rate swaps could have been mis-sold to small businesses by their lenders, according to a revised estimate of the potential scale of the scandal by the Financial Services Authority.
09/30/2012
Hedge fund founder reveals £34m tax bill
The 51-year-old admitted that he was not "whiter than white" and had paid an overall rate of just 39pc in the last financial year, as he makes the majority of his money from dividends rather than salary, which are taxed at a lower rate.
09/30/2012
Deutsche Bank unveils revamped global panel
The US firm is understood to have regained its place on the panel after the Frankfurt-headquartered bank completed its rejig of the roster towards the end of September.
09/27/2012
Greece Seeks Taxes From Wealthy With Cash Havens in London
The London real estate market was abuzz.
09/27/2012
Libor interest rate riggers 'should face prosecution'
A report into the Libor rate rigging scandal says the system is broken and suggests its complete overhaul, including criminal prosecutions for those who try to manipulate it.