Company News



G8 leaders agree tax evasion measures

Leaders of the G8 major economies have agreed new measures to clamp down on money launderers, illegal tax evaders and corporate tax avoiders. . .

http://www.bbc.co.uk/news/business-22956374



RBS, UBS Among The 20 Banks Censured By Singapore Regulator On Traders’ Bids To Manipulate Rates

Singapore’s monetary authority censured banks for trying to rig benchmark interest rates and ordered them to set aside as much as $9.6bn at zero interest pending steps to improve internal controls. . .

http://hereisthecity.com/2013/06/15/20-banks-censured-on-traders-bids-to-manipulate-rates/



OECD reports to G8 on global system of automatic exchange of tax information

The OECD has presented to G8 leaders the steps needed to create a fairer and more transparent global tax system . . .

http://www.oecd.org/newsroom/oecd-reports-to-g8-on-global-system-of-automatic-exchange-of-tax-information.htm



Commissioner Barnier welcomes European Parliament vote on the Accounting and Transparency Directives (including country by country reporting)

Statement by Commissioner Barnier: “I welcome today’s vote by the European Parliament on the new Accounting and Transparency Directives”. . .


‘Tax havens’ agree to clampdown on tax avoidance and evasion

The prime minister has hailed an agreement by the UK’s Overseas Territories and Crown dependencies to sign up to a tax evasion clampdown. . .

http://www.bbc.co.uk/news/uk-politics-22915954#