11/11/2012
'Significant' developments imminent in Libor inquiry, says Serious Fraud Office
The government department said in July it could prosecute banks
Legal, Regulation & Compliance
11/11/2012
Multi-millionaire Labour MP's family business 'paid just 0.25% tax on its profits'
She is now likely to face questions over the limited tax paid by Stemcor, the steel trading company of which she is a shareholder and which was founded by her father and is run by her brother.
11/11/2012
EU Banker Bonus Plan May Be Watered Down
Without that approval, the maximum would be 300% of fixed pay.
11/11/2012
Greece Takes Aim at Tax Evasion Among Wealthy
In recent weeks, tax experts at Greece’s finance ministry have been scrutinizing the finances
11/11/2012
Potential APAC legal transformational tie-up revealed
The UK firm is pushing to pursue a combination with the Chinese and Australian firm,
11/08/2012
Aussie firm to take S&P fight to Europe
The Federal Court of Australia ruled that S&P's assessment of the “grotesquely complicated” CPDOs
11/08/2012
Liechtenstein banks weather tax evasion clampdown without mergers
Liechtenstein was removed from a global black list of uncooperative tax havens in 2009
11/08/2012
US treasury in talks with 50 jurisdictions fatca
The Treasury Department has already concluded a bilateral agreement with the United Kingdom
11/08/2012
FSA to take action against fund managers
The FSA’s report suggested that conflicts of interest were rife in the sector, and said action was now being taken to force some managers to change the way they operated
11/07/2012
Commerzbank Can Appeal Dresdner Bonus Ruling: U.K. Court
“This is a major case for all the banks, which will affect what bank bosses can say about bonuses.”
11/07/2012
German Authorities Investigate UBS Over Tax Evasion Claims
Finance officials in Mannheim, Germany, have launched an investigation into claims Swiss bank UBS helped Germans evade tax by transferring money out of the country, Stuttgarter Nachrichten reports.
11/06/2012
Amanda Staveley accused of lying to protect £3m claim
Amanda Staveley, the financier who negotiated the multi-billion pound refinancing of Barclays, was branded a liar and unprofessional in a High Court battle over the sale of one of London’s most prestigious building.
11/06/2012
George Osborne threatens big business with global tax crackdown
Britain has joined forces with Germany to declare war on taxdodging multinationals and called for an end to loopholes that have allowed them to siphon off billions in profits to tax havens.
11/06/2012
Platforms push FSA for fund manager payment exemptions
The FSA’s latest consultation paper, published in June, proposed the banning of all payments between fund managers and platforms from the end of December 2013.
11/06/2012
FSA sets out process for complaints about new regulators
The Government announced in January that a single complaints commissioner will assess complaints across both the Financial Conduct Authority and the Prudential Regulation Authority.
11/06/2012
Italian police seize castle in €65m tax probe
Italian police have seized assets worth €65m (£51.9m) in a tax probe involving the €5.3bn sale of fashion houses Hugo Boss and Valentino in 2007.
11/06/2012
Complete transparency on charges needed: 7IM
The lack of transparency on investment charges is scandalous
11/05/2012
JPMorgan GC takes Emea role following internal revamp
She was originally promoted to general counsel of the investment bank in 2008, having joined legacy Chase Manhattan, which merged with JPMorgan in 2000, from Clifford Chance in 1993.
11/05/2012
Linklaters heads to CoA on Commerzbank bonus fight
In total 104 ex-bankers launched a High Court claim in September 2009
11/04/2012
Three reports slam Bank of England governance structure
The three reviews into the BoE's performance and capabilities were commissioned in May by the Court of the Bank of England, which manages the affairs of the bank but does not deal in monetary policy.