01/27/2013
Sacked Deutsche Bank trader loses £34m bonuses over Libor scandal
Christian Bittar is believed to have received some of biggest bonuses ever awarded by German bank
Legal, Regulation & Compliance
01/27/2013
FSA under pressure to 'water down' mis-selling findings
Factions within the Treasury want the Financial Services Authority to “water down” the findings of a review of banks’ mis-selling of complex financial products to small businesses.
01/27/2013
Goldman Sachs chief attacks David Cameron on tax avoidance
Goldman Sachs boss Lloyd Blankfein has hit out at David Cameron’s anti-tax avoidance campaign, warning that criticising people for their tax arrangements risks “criminalising every right-thinking person who organises his or her affairs in a se
01/27/2013
Get FATCA Right Or Pay Up, Warns HMRC
The UK was one of the first countries to sign up to the Foreign Account Tax Compliance Act
01/24/2013
Freshfields and Linklaters emerge as top financial services advisers
Linklaters and Freshfields Bruckhaus Deringer have emerged as the top legal advisers
01/24/2013
The Global Forum on Tax Transparency welcomes Romania as new member
“We are delighted to welcome Romania as a new Global Forum member”
01/24/2013
FSA Libor probe of ICAP intensifies
The newspaper also reported ICAP has been under formal investigation since at least March 2012
01/24/2013
Italy police catch 56 bn euros in tax evasion in 2012
Police also honed in on those using fake companies in tax havens to evade paying their dues
01/23/2013
Ex-UBS Trader Said to Seek NatWest 3 Man’s Advice
He was arrested in a U.K. criminal investigation on Dec. 11 and charged by the U.S. Department of Justice the following day.
01/23/2013
Ex-UBS Trader Hayes Said to Seek NatWest 3 Man’s Advice
Bermingham runs a consulting firm advising on extradition
01/22/2013
FSA Arrests Five People Over Insider Dealing
Asset management company Schroders said one of its employees was among those arrested in the early morning raids
01/22/2013
Model proliferation a key challenge to Fatca implementation, says State Street
The big question right now is the Intergovernmental Agreements
01/22/2013
New London head at Baker & McKenzie
He will become London managing partner on 1 July.
01/22/2013
French Wealth Tax – How does it affect UK citizens?
If you decide to sell your home in the UK and retire to France, then you will be deemed resident in France by the French authorities.
01/22/2013
HMRC plans to tax platform rebates in latest crackdown
A tax on rebates would hit bundled share classes, which are offered by most of the UK's platforms
01/21/2013
Linklaters picks up banking partner from A&O in Spain
Barona joins Linklaters’ Madrid office after over seven years as a partner at its magic circle rival
01/20/2013
FSA to spend £5m on outside analysts
The Financial Services Authority and its successors are to spend as much as £5m on hiring outside consultancies to carry out economic analysis.
01/20/2013
Barclays Wealth division 'out of control', says secret report
Barclays has moved swiftly to part company with a senior executive after investigators alleged that he shredded a highly critical analysis of the maverick culture and bullying at the bank's one-time flagship Barclays Wealth business.
01/16/2013
Hungary to tax offshore wealth, ask for Swiss help
He said the central European country will ask Switzerland first to disclose all data pertaining to bank accounts of Hungarian citizens in Swiss banks.
01/16/2013
Bracewell & Giuliani boosts London base with Simmons and Herbert Smith hires
The US law firm's City office is currently led by managing partner Adam Mozel, with partners John Brantley, Christopher Williams, Michael Kuhn and chairman Patrick Oxford splitting their time between the City and the firm's Houston and Dubai of