04/20/2012
New cookie regulations could mean big changes
New EU regulations mean we will soon all need to consent to being tracked on the web - Matt Warman says the potential effects on consumers and websites could be far-reaching.
Legal, Regulation & Compliance
04/19/2012
New UK Non-Dom Scheme Welcomed
The legislation, which came into effect on April 6, has been given a cautious welcome by law firm Boodle Hatfield.
04/19/2012
Liechtenstein, Austria Eye Withholding Tax Deal
Based on the model of the bilateral agreement recently signed with Switzerland, it is said that the planned new deal with Vaduz would also encompass undeclared investments held in Liechtenstein foundations.
04/19/2012
Lawrence Graham welcomes four lawyers to partnership
All four of the new partners are based in the firm’s London headquarters, although the firm promoted Monaco corporate lawyer Nathalie Tanzi to its partnership in February.
04/19/2012
Ex-UBS Trader Adoboli Wants Disciplinary Hearing Data, Laptop
Defense attorney Charles Sherrard said he wants to know "the nature of any interviews" from disciplinary hearing with Adoboli's co-workers on the Swiss bank's Delta One trading desk.
04/18/2012
Hedge fund chief faces FSA fine
In the case of two companies, the purchases accounted for more than 80 per cent of that day’s total volume in those shares.
04/18/2012
FSA reveals large increase in 'cloned firm' reports
Cloned firms appear to be genuine authorised firms or individuals when in fact they are a separate company with no affiliation to the firm they are cloning.
04/18/2012
Fewer investors fall for 'boiler room’ share scams
But the number of people who actually invested with a share fraudster after being contacted by them dropped by 7pc, from 831 in 2010 to 770 in 2011.
04/18/2012
Ex-Cantor Traders Fighting FSA’s Market-Manipulation Fine
They were trading on the instructions of Stefan Chaligne, an equity-fund investment manager.
04/18/2012
UBS Unit Will Cooperate With French Tax-Evasion Investigation
Paris prosecutors opened a formal investigation April 12, after conducting a preliminary inquiry with the customs service into a complaint by France’s Prudential Control Authority in February 2011 over the bank’s practices in France.
04/18/2012
CPSS-IOSCO issue new standards for financial market infrastructures
CPSS and IOSCO members will strive to adopt the new standards by the end of 2012. Financial market infrastructures (FMIs) are expected to observe the standards as soon as possible.
04/17/2012
Dewey exodus continues as London and Dubai quartet head for Dechert
The team also includes two partners in the firm's Dubai office, with corporate duo Gavin Watson and Chris Sioufi also joining Dechert, which currently does not have a presence in the United Arab Emirates.
04/17/2012
Belgium Opens Way For Sanctions of Fortis Officials
The decision to pass the case to the sanctions committee, which is composed mainly of independent magistrates, means the FSMA considers that there is enough evidence to take the case forward and that there will be no settlement with the parties involved.
04/16/2012
Austria clinches quick Swiss tax deal to bolster budget
But Austria's deal is far less favourable than those struck by Britain and Germany, which both responded to political pressure by extracting big up-front payments and more concessions from Switzerland.
04/16/2012
Barclays rocked by new claim of swaps mis-selling
The Bays allege that Barclays sold them a 20-year "interest rate enhanced collar" in September 2008 that immediately began to cost them thousands of pounds every quarter as interest rates were cut to historic lows in the wake of the financial cr
04/16/2012
One in 10 rich 'pay under 20% basic tax rate'
Almost one in 10 people earning more than £10 million a year is paying less than the 20% basic rate of income tax, the Treasury says.
04/16/2012
International law firm appoints new head of Global regulatory and corporate crime
He brings with him a team of senior lawyers and support staff, including two senior counsels
04/16/2012
French magistrate to examine UBS charges
An independent French magistrate has been named to examine the commercial practices of Swiss bank UBS AG, financial daily Les Echos reported on Monday.
04/13/2012
Schroders produces KIIDs for Luxembourg range before July deadline
The British fund manager has marked 14 May as the day it will produce the information documents for investors - about six weeks before the 1 July deadline set by the European Union for regulated products.
04/13/2012
DLA appoints new UK managing partner in top-level shake-up
Darwin (pictured) is replacing David Bradley as UK managing partner, with Bradley returning to full-time practice in the employment, pensions and benefits group.