Search Results for: HM Treasury
HMRC confirms HSBC Suisse bank data can now be shared
February 26th, 2015
HMRC‘s Chief Executive, Lin Homer, today announced in a Treasury Select Committee hearing that the French authorities have formally agreed that HMRC can share stolen HSBC Suisse customer account data with other law enforcement agencies and regulators, for the ...
ICAP Information Services launches the ICAP Bond Correlated Call US Treasury Index
February 3rd, 2015
ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that ICAP Information Services (IIS), the information division of ICAP, has launched the ICAP Bond Correlated Call (BCC) US Treasury ...
PwC named best Global Treasury Consultant for 14th consecutive year
January 22nd, 2015
Top honour in Treasury Management International’s annual Awards for Innovation and Excellence PwC has been recognised by global publication Treasury Management International (TMI) as Best Treasury Consultant in their annual Awards for Innovation and Excellence. This marks the 14th ...
FCA to regulate seven additional financial benchmarks
December 30th, 2014
The Financial Conduct Authority (FCA) will regulate seven additional major UK-based financial benchmarks in the fixed income, commodity and currency markets from 1 April 2015. This extends the FCA’s initial regulation of LIBOR (the London Interbank Offered Rate), as ...
U.K. regulators hit hurdles on fixing benchmarks
December 18th, 2014
U.K. regulators are expected to report in coming weeks on plans to fix global financial benchmarks. But efforts so far under way are already running into difficulties. Some market participants are worried that a new benchmark silver price isn’t ...
HMRC letters warning of £1m fines hit tax firms
November 12th, 2014
The first batch of avoidance experts who could be both publicly denounced by HM Revenue & Customs and forced to reveal their clients’ names has been written to by the tax department. The advisers, who HMRC regards as potentially ...
HMRC: 10 tax avoidance danger signs
November 10th, 2014
HM Revenue and Customs (HMRC) has alerted people to the tricks employed by tax avoidance scheme promoters. The note sets out the risks people face when they sign up to tax avoidance schemes with these including not only the ...
HMRC Consults On Strict Liability Tax Penalties
August 26th, 2014
HM Revenue and Customs (HMRC) is consulting on the design of a proposed new strict liability criminal offence for those who fail to declare taxable offshore income and gains. Under the plans, magistrates could be given the power to ...
HMRC’s plan for debt recovery plan
July 31st, 2014
The Law Society has joined the chorus of opposition to government plans to allow HM Revenue & Customs direct access to tax defaulters’ bank accounts. In its response to HMRC’s call for evidence on new powers for direct recovery ...
MP Andrew Mitchell invested in scheme HMRC says avoided tax
July 17th, 2014
Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC. Tax collectors say the scheme’s investors can expect to receive big tax bills in the coming ...
