02/21/2013
Canadian Securities Regulators' Enforcement Report Highlights Fraud
"CSA members work hard to combat securities fraud and we place particular emphasis in our enforcement work on the violations that constitute fraud."
Legal, Regulation & Compliance
02/21/2013
Taylor Wessing plays role in NASDAQ Dubai exchange advisory group
the advisory group discussed ideas about regulatory models and the ideal practical framework to attract issuers.
02/21/2013
Goldman private wealth client holds suspect Heinz account-filing
The U.S. Securities and Exchange Commission filed a lawsuit against unknown traders last week
02/21/2013
Team of 4 Linklaters lawyers joins Pepper Hamilton’s growing white-collar practice group
Earlier this month, the firm named former FBI director Louis Freeh as its new chairman
02/21/2013
JPMorgan raises questions about lawyer at New York AG's office
The case against JPMorgan is similar to one that the lawyer had worked on before joining the Attorney General's office
02/20/2013
Author Awarded $51 Million From Money Manager
She claims the firm cost her $15 million for missing a deadline.
02/19/2013
Withers to launch international family consulting group
Withers is to launch a consultancy group following client demand for a service that will help family-run businesses resolve arguments.
02/19/2013
FINRA Fines Five ING Firms $1.2 Million for Email Retention and Review Violations
FINRA found that the firms failed to properly configure hundreds of employee email accounts
02/17/2013
Ex-HSBC Client Gets Year in Prison for Tax Evasion
Chon also was fined $15,000 and ordered to pay restitution of $412,404 to the U.S. Internal Revenue Service
02/17/2013
G20 ‘determined’ to address tax evasion by multinational companies
“We are determined to develop measures to address base erosion and profit shifting.”
02/17/2013
Leumi and Tefahot implicated in Los Angeles tax evasion case
According to an indictment against a former Israeli businessman, the alleged tax evasion took place between 2003 and 2010, and involved the opening of a bank account in Israel.
02/17/2013
Some HNW and family offices reassured that they will not pay for insider trading probe legal fees
The amount of the investor redemption notices exceeds the US$1 billion figure
02/14/2013
Switzerland, U.S. sign pact on fighting offshore tax evasion
The law requires foreign financial institutions to tell the U.S. Internal Revenue Service about Americans' offshore accounts worth more than $50,000.
02/14/2013
SEC to Move on Fiduciary Standard in Next Two Months
"Opinions at the commission vary a great deal on the costs that it would impose
02/14/2013
Ex-Stanford Chief Accountant Lopez Sentenced to 20 Years
The fraud was built on bogus certificates of deposit at Antigua-based Stanford International Bank Ltd
02/13/2013
Statement from the SBA regarding the signing of the FATCA agreement
The SBA welcomes the signing of an agreement between Switzerland and the US for the facilitated implementation of FATCA.
02/13/2013
Credit Agricole wins end to Intesa lawsuit on toxic CDO
Intesa had "no chance of success whatsoever" to recover its entire $180 million investment
02/11/2013
UBS And Merrill Lynch Win $2.5 Million DotCom Customer Case
Claimant Kaiser sought $2,850,000 in compensatory damages
02/10/2013
Ex-Jefferies Trader Litvak’s Trial Set to Begin April 1
Litvak, 38, of New York, was arrested Jan. 28
02/10/2013
Troubled Bahraini bank Arcapita files reorganisation plan
Arcapita's case is being closely watched in the Gulf, where companies have little recourse to orderly ways of dealing with insolvency.