Ex-UBS trader banned by FCA over trading losses
The FCA has banned an ex-UBS trader from performing any function in relation to any regulated activity for his hand in unauthorised activity related to $2.3bn in trading losses by another trader.
The FCA has banned an ex-UBS trader from performing any function in relation to any regulated activity for his hand in unauthorised activity related to $2.3bn in trading losses by another trader.
David Camerons recent letter to overseas territories about the importance of beneficial ownership has received a divided response from senior figures in Jersey and Guernsey.
Australia has signed an intergovernmental agreement (IGA) with the US in order to reduce the burden on financial institutions when complying with FATCA.
A tax avoidance scheme used by Greene King, among others, designed to make taxable interest payments disappear, has been blocked for the second time by a tax tribunal.
An online community with more than 35 million members worldwide is running a petition to pressure the Jersey government into creating a register of beneficial owners, like that announced by the UK last week.
Tax paid by so-called non-doms to the UK Treasury hit a record high of £6.8bn last year, according to data obtained by international law firm Pinsent Mason.
Invesco Perpetual has been fined nearly £19m by the Financial Conduct Authority for “exposing investors to greater levels of risk than they had led to believe”.
An exotic dance club that pursued legal action over the taxation of its services has had its case dismissed.
Formula 1 chief executive Bernie Ecclestone has avoided a tax bill of more than £1bn as a result of the HM Revenue & Customs allowing him to settle for just £10m, it has been alleged in a BBC Panorama documentary programme to be broadcast tonight.
Over 80% of the public are against plans by HM Revenue & Customs to sell the personal financial data of millions of taxpayers to private firms, a survey by Baker Tilly has found.
Financial Institutions have just under three weeks left to apply for a Global Intermediary Identification Number (GIIN),
Plans to remove a requirement to prove individuals with offshore accounts intended to evade tax are arguably a “blow to the rule of law in tax”, according to a partner at Baker Tilly.