07/09/2012
Barclays makes complaint to ICAEW about Baker Tilly
It is alleged that the Baker Tilly employee seconded to Barclays took information about one of the bank's clients and handed it to the firm.
Legal, Regulation & Compliance
07/09/2012
Proskauer hires capital markets quartet to continue City expansion
Proskauer continues to strengthen its global capital markets capabilities with the upcoming addition of three partners and a senior counsel in the firm's London office.
07/09/2012
Herbert Smith to merge real estate and finance as part of Freehills-induced restructure
n the wake of the shake-up, Herbert Smith’s current head of real estate Ian Cox has been linked to the new role of London managing partner.
07/09/2012
French holiday home owners may have little to fear from new tax changes
Recent changes to the French tax system announced by president Francois Hollande’s government may not be so serious for British and other owners of French properties, believes UK regulated specialist mortgage broker Offshoreonline.org.
07/08/2012
RBS fights to keep its Libor records secret
Royal Bank of Scotland is fighting a court order requiring it to co-operate with an international criminal investigation into allegations its staff fixed a key banking lending rate.
07/08/2012
Serious Fraud Office launches Libor investigation
The case could lead to criminal charges being brought against individuals.
07/08/2012
Germany probing Deutsche Bank over Libor
Shares of Deutsche Bank AG slumped 5.3% in New York trade on Friday.
07/08/2012
Banks 'let off' more than £60m in fines by watchdog
Big banks and insurers have been forgiven more than £60m in fines for mis-selling and other wrongdoings by the City watchdog since 2010, an Independent on Sunday investigation can reveal.
07/08/2012
Knock knock. Who’s there? A UK tax cheat
It’s a scandal that broke with a classic newspaper scoop.
07/08/2012
RBS Chief Executive response to chairman of the Treasury Select Committee
We remain deeply sorry for the disruption our customers encountered, and I would like to acknowledge their understanding and patience.
07/08/2012
UBS note deepens UK political row over rate-fixing
A political row in Britain over the fixing of interbank lending rates deepened on Saturday after the publication of confidential advice from UBS to the former Labour government on how to reduce the key Libor rate at the height of the financial crisis in 2
07/08/2012
FSA bans former Pacific Continental broker
Its collapse in 2009 contributed to a £58m interim levy on investment advisers.
07/08/2012
Financial fraud: When gatekeepers see no evil, hear no evil and speak no evil
Media’s ‘bad apple’ theory no longer works
07/05/2012
CPA says Companies Amendment Bill increases Ireland’s attractiveness to US Foreign Direct Investment
The Bill has extended the exemption period given to US companies establishing operations in Ireland under which they can prepare their financial statements using US GAAP accounting standards.
07/05/2012
Crackdown launched on tax dodgers
Over £30m will be recovered from tax dodgers as HM Revenue & Customs (HMRC) launches new taskforces around the country.
07/05/2012
Alternative Investment Fund Managers Directive: EU and Offshore Perspectives
On its face, the AIFMD restricts its scope to the regulation of investment managers rather than underlying funds being managed.
07/05/2012
FSA tells IFAs: don't leave clients in dark with DFM deals
The Financial Services Authority has told advisers they must make it clear to clients who manages their investments when outsourcing to a discretionary fund manager.
07/05/2012
Goldman Sachs Faces $387 Million Lawsuit, Telegraph Says
Pensioenfonds Vervoer, which has assets of 7 billion euros, is suing the bank over the way the unit managed the pension funds.
07/04/2012
Regulator must deliver better outcomes for people says Panel
The regulator cannot make people or organisations behave better. But it can create an environment that rewards good behaviour.
07/04/2012
Britons with holiday homes in France hit with massive tax hikes as president Hollande tries to plug £8bn hole in budget
The increased levy on income from rented property and capital gains tax on sale profits could cost second-home owners thousands of pounds more a year.