03/08/2012
FSA bans former FD of Royal Liver Assurance but he escapes £1m fine
Between May 2009 and November 2009 McGregor entered into contracts on behalf of RLA with two companies which were controlled by a former employee of RLA.
Legal, Regulation & Compliance
03/07/2012
Vince Cable confirms 'negotiations' over axeing 50p tax rate
Business organisations and many Tory MPs want the 50p tax on earnings over £150,000, brought in by Labour, axed.
03/07/2012
Could the FSA learn a lesson from FIFA?
One particular area of concern is the movement of young players amongst concerns about child trafficking.
03/07/2012
FSA slams seven men for insider trading
According to the UK financial watchdog, the alleged used inside information to place bets on companies shortly before takeovers were announced, resulting in galloping more than GBP1m.
03/07/2012
IVSC Consults on New Fairness Guidelines
The IVSC has today issued draft new guidelines on the provision of fairness opinions.
03/06/2012
New FATCA regulations are out, institutions must act fast
The FATCA Seminar was tailored to address the unique needs of Middle Eastern institutions, including Islamic banking and takaful insurance structures as well as sovereign wealth funds, and family offices.
03/06/2012
FSA investigation includes WH Ireland
WH Ireland has come under the scrutiny of the financial regulator as part of its biggest ever investigation into insider dealing, which is codenamed Tabernula.
03/06/2012
Berkeley Law strengthens CIS offer with two hires
Berkeley Law, the London based law firm specialising in wealth advice for high-net-worth individuals in the UK and overseas, has strengthened its offering for CIS clients
03/06/2012
Pensions: are we being softened up? HMRC release did not tell the whole story ..
Speculation was rife before last week that higher rate tax relief on pension contributions might be in danger in the Budget.
03/06/2012
OECD recommends action on international tax loopholes
Aggressive tax planning – untaxed income, multiple deductions and other forms of international tax arbitrage - is a growing concern for all governments.
03/05/2012
IMF paper highlights regulation’s unintended consequences
IMF paper highlights regulation’s unintended consequences
03/05/2012
UK regulation cuts £18bn off HSBC’s value, says Gulliver
The levy and the prospect of legislation splitting retail and investment arms of banks raised “fiduciary duty issues” for the board and were of concern to investors, he added.
03/05/2012
A £20bn pension misselling scandal?
Regulators are concerned about the standard of advice given to some workers.
03/05/2012
Norton Rose advises ValueAct Capital on proposed joint offer for Misys
ValueAct Capital is the largest current shareholder in Misys Plc.
03/02/2012
The UK tax system has reached breaking point
The bottom line is that people think it a jolly good thing that others are taxed, but they deeply resent paying it themselves.
03/02/2012
US-Swiss tax treaty passes large parliamentary hurdle
The treaty would allow the US to make a request for judicial assistance without supply the names and addresses of the US residents suspected of offshore tax evasion if there is clear evidence that a bank or its employees are suspected of encouraging such
03/02/2012
Credit Suisse trader loses employment tribunal
A Credit Suisse trader who claimed his boss told him to pull himself together when he complained of feeling suicidal has lost his tribunal claim.
03/02/2012
Co-op's Lloyds deal at risk after FSA orders reforms
This could mean having to provide up to £3bn of capital at group level as well as revamping the board to ensure there are people with FSA approved banking expertise.
03/01/2012
Swiss lawmakers set for tax plan vote
Switzerland's lower house will vote on a proposal clarifying how Switzerland would hand over data on wealthy Americans suspected of dodging taxes at home.
03/01/2012
Watson Farley bulks up City real estate team
Her client portfolio includes Doughty Hanson & Co and Piper Jaffray and she specialises in advising real estate investment funds and property companies on acquisitions, disposals and lettings.