FSA 'dragging feet' says swaps victim

A widow who claims she was mis-sold a complex interest rate derivative by HSBC has complained that banks are not doing enough to help victims of mis-selling.


Ten per cent discount in London’s billionaire row

They are among the world’s wealthiest people but they still know that every penny counts. So while the rest of us struggle to pay our bills, some billionaires are claiming ten per cent off their council tax.


Luxembourg Improves Tax Transparency

The Luxembourg government has published a retrospective overview of the key decisions to improve tax transparency and cooperation in tax matters taken by the governing council in 2012.


FSA fails to crack down on bankers' pay

FSA staff have been holding back from launching enforcement cases and are instead opting for regular informal conversations with banks and brokers.


Expats in Spain warned to declare offshore assets

The new rules come into force just a month after a tax amnesty ended. As reported, under that scheme, Spanish taxpayers with undeclared taxable assets were given the opportunity to declare them in return for having to pay no more than a flat 10% levy.