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

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/

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

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#

BBA LIBOR today announced that following the recommendations set out in the Wheatley Review, with effect from 1st July 2013, the publication of individual bank’s submissions to LIBOR will be embargoed for 3 months. The BBA also announced today that the publication of “same day” EURO LIBOR rates for 1 week and 1 month, will cease from 31st July 2013.  These 2 rates were supplemental to the “spot” EUR LIBOR rates for all seven LIBOR tenors, which will continue as usual.  . .

http://www.bba.org.uk/media/article/announcement-of-libor-changes

Danske Bank A/S (DANSKE) was ordered by the Financial Supervisory Authority to revise its internal rating model after the regulator said Denmark’s biggest lender had underestimated its risky assets.  . .

http://www.bloomberg.com/news/2013-06-17/danske-told-by-fsa-to-add-18-billion-to-risk-weighted-assets.html

Banks could be required to defer bonuses for up to 10 years it emerged on Friday night under proposals being considered by members of the parliamentary commission on banking standards . . .

http://hereisthecity.com/2013/06/08/bankers-could-wait-10-years-for-bonuses/ 

More than half of global banks said they would increase salaries to offset the effect of European Union bonus caps, according to a study by human resources consultants Towers Watson & Co. (TW) . .

http://www.bloomberg.com/news/2013-06-10/most-banks-expect-salary-increases-to-offset-eu-bonus-cap.html

Over the past month or so, the City has woken up to the idea that 11 countries in the European Union are planning to introduce a Financial Transaction Tax. . .

http://hereisthecity.com/2013/06/11/reports-of-the-death-of-the-financial-transaction-tax-look-exagg