Search Results for: UK law
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
Methods of Tax Avoidance: Doubts Grow Over Fight Against Big Business Tax Evasion
September 24th, 2015
Lawmakers in the European Union say they have doubts that the fight against “aggressive” tax saving plans by the likes of Amazon, Barclays, Coca Cola, Facebook and Google can be sustained because of a lack of political agreement. The ...
VW scandal: what the emissions revelations mean
September 23rd, 2015
The carmaker’s rigging of emissions data in the US could have serious repercussions around the world – and not just for Volkswagen What has Volkswagen done? The US Environmental Protection Agency (EPA) said on Friday that Volkswagen had installed illegal ...
China turns to Islamic finance to expand economic clout
September 22nd, 2015
Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as banks strengthen ties with Muslim-majority countries and Chinese companies start to tap offshore pools of Islamic funds. With a Muslim population of ...
RBS in 84.4 million pound mortgage securities deal with U.S. regulator
September 16th, 2015
Royal Bank of Scotland Group PLC has agreed to pay 88.4 million pounds to resolve claims by a U.S. regulator that it sold toxic mortgage-backed securities to now-failed credit unions, according to a court filing on Tuesday. The National ...
SEC Obtains $30 Million From Traders Who Profited on Hacked News Releases
September 15th, 2015
Litigation Continues Against 32 Other Defendants in Alleged $100 Million Scheme The Securities and Exchange Commission today announced that Ukrainian-based Jaspen Capital Partners Limited and CEO Andriy Supranonok have agreed to pay $30 million to settle allegations they profited ...
CFTC Charges Hannes Tulving, Jr., through his company for a $17.8 Million Precious Metals Scheme
September 15th, 2015
At Least 381 Customers Nationwide Allegedly Defrauded in the Scheme The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil Complaint against Defendants Hannes Tulving, Jr. of Newport Beach, California, and his company, The Tulving Company, Inc., charging them with ...
Ex-Wells Fargo trader beats SEC insider trading charges
September 15th, 2015
A former Wells Fargo & Co trader on Monday was cleared of insider trading charges brought by the U.S. Securities and Exchange Commission after a major appellate decision limited authorities’ ability to pursue such cases. Following a trial before ...
EY reports 2015 global revenues up by 11.6%
September 15th, 2015
Fastest growth since 2008 with revenues up by 11.6% in local currency Growth across all four service lines and four geographic areas Emerging market practices’ revenue up by 12.3% Developed markets’ growth led by the US, UK, Germany, Australia ...
Innovate Finance and IBM to open blockchain lab
September 14th, 2015
UK fintech champion Innovate Finance is to establish a blockchain lab in partnership with the Hartree Centre, the high performance computing and data analytics research facility founded by the UK Government in association with IBM. Blockchain has become one ...
