Offshore share sharks who duped British investors jailed

Two men and a woman have been jailed for a fraud where more than £4 million was taken from private investors through share-pushing operations based in Spain and Ireland. Another man will be sentenced at a later date.


Firms confirm new compliance roles as regulatory deadline looms

Linklaters and Bird & Bird are among the first major firms to nominate new compliance officers, as the Solicitors Regulation Authority (SRA) has given UK law firms until 31 July to appoint someone to take responsibility for the firm's legal pract


Scottish private client firm launches Glasgow base

The private client specialist, which already has offices in Edinburgh, London, Guernsey and Geneva, has revealed that it is in advanced negotiations to sign a lease on a site close to George Square.


UK regulator loses UBS supervision test case ‎

The Financial Services Authority (FSA) has lost a test case involving UBS in which it tried for the first time to punish a senior manager for inadequate supervision rather than for errors he personally committed.


Italy rules out wealth tax, other new taxes

The government "does not have plans" for a wealth tax or other fiscal measures, Grilli said during testimony before the Chamber of Deputies parliamentary budget committee.


City regulator fines former BoS banker

Peter Cummings, the man behind Bank of Scotland’s failed corporate bank, has been handed a “warning notice” and punitive fine by the Financial Services Authority.


New cookie regulations could mean big changes

New EU regulations mean we will soon all need to consent to being tracked on the web - Matt Warman says the potential effects on consumers and websites could be far-reaching.


New UK Non-Dom Scheme Welcomed

The legislation, which came into effect on April 6, has been given a cautious welcome by law firm Boodle Hatfield.


Liechtenstein, Austria Eye Withholding Tax Deal

Based on the model of the bilateral agreement recently signed with Switzerland, it is said that the planned new deal with Vaduz would also encompass undeclared investments held in Liechtenstein foundations.