Search Results for: UK law
KPMG report reveals that Guernsey funds facilitate £25 billion of inward investment to the UK from global investors
May 13th, 2015
International Capital Flows, a report commissioned by the States of Guernsey and supported by Guernsey Finance, has analysed the economic benefits provided to the UK and Europe by the Guernsey funds market. The majority of the inward investment is ...
Carey Olsen is top offshore law firm for FTSE 100 AIM clients
May 8th, 2015
Carey Olsen is the only offshore law firm to be ranked in the top 10 for FTSE 100 AIM clients, according to the latest AIM Advisers Rankings Guide (published May 2015). The law firm is positioned in sixth place ...
Number of law firms planning to raise charge out rates increases
May 7th, 2015
Third of commercial firms likely to raise rates in bid to boost profits, despite continued client pressure on fees The number of commercial law firms expecting to overcome customer resistance and increase charge out rates over the coming year ...
Potential for fees to fall as legal fee tracking hits the big time in the UK
May 4th, 2015
Fifteen firms – including Macfarlanes, Norton Rose Fulbright and Taylor Vinters – have signed up to Apperio, a legal fees platform which claims to be cutting fees for clients by 12%. The other firms include Taylor Wessing, Mishcon de ...
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
UK trader charged for manipulation contributing to 2010 flash crash
April 22nd, 2015
A high-frequency futures trader has been charged with illegally manipulating the stock market, contributing to the May 2010 “flash crash,” according to documents unsealed Tuesday. The Justice Department charged the United Kingdom’s Navinder Singh Sarao with wire fraud, 10 ...
ICO probes 173 law firms over data protection breaches
April 16th, 2015
Dozens of law firms were investigated by the information commissioner for potential data breaches in 2014, new figures have revealed. A freedom of information request by Egress Software Technologies revealed that the Information Commissioner’s Office investigated 173 UK firms ...
EU lawyers: EU cannot maintain protection against Chinese imports
April 3rd, 2015
EU lawyers say EU cannot ignore rules on China‘s new WTO status EU yet to decide, could favour China to win favour with Beijing European fears of being forced to lower tariff defences against cheap Chinese imports have grown following a confidential ...
UK Offshore Tax Disclosures – Use The LDF while you can [Update]
March 24th, 2015
Tax authorities around the globe are increasingly working together to fight tax evasion and aggressive tax avoidance to collect more tax. In the UK, HMRC is geared up to take full advantage: anyone who needs to put UK tax ...
UK plans criminal penalties for tax advisers who assist evasion
March 19th, 2015
Lawyers and other tax advisers who aid clients evade tax will the subject of penalties under a new criminal offence which is to be announced by the UK government today. The plan was disclosed by the Chancellor of the ...
