As Owen Tudor has noted on the TUC blog: Yesterday the IMF finally released its study on the financial transactions tax. The paper, a draft
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The Rev Green’s in trouble again
The FT notes: HSBC has been ordered by US regulators to overhaul its internal controls in the US after a probe found the bank’s ineffective
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Banks set to demand fresh bail-out in 2011
Despite at least £1.2 trillion of taxpayers’ money being put at risk to bail out the banking system, many of the major high street banks
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If financial services want to be ethical here’s what they have to do
I’ve just blogged a letter sent to the FT by some of the leaders of the UK’s financial services industry in which they say: If
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Peston picks up on the possibility that IFRS are illegal
Robert Peston has picked up on his blog the argument made by chartered accountant Tin Bush that International Financial Reporting Standards are illegal when applied
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If banks undermine states they must account on a country-by-country basis
The FT reports: The failure of Anglo Irish bank, the lender at the centre of the country’s financial crisis, would “bring down” Ireland, the country’s
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Closing in on the tax evaders
The BBC has reported: Hundreds of wealthy UK taxpayers have been sent letters by HM Revenue & Customs over possible large-scale tax evasion, the BBC
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The Vatican should do better
The Guardian reports: The head of the Vatican bank has formally been placed under investigation in an inquiry into a suspected violation of Italy’s money-laundering
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Basel: a testament to failure
From the FT: “Give me chastity and continence, but not yet.” Bank regulators seem to understand the sentiment of the youthful St Augustine. The post-crisis
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