| 1 | IRS Issues Final Regulations on FATCA The IRS and Treasury Department issued final Treasury regulations addressing withholding and information reporting requirements under the Foreign Account Tax Compliance Act (FATCA). | Legal Update: archive | 18-Jan-2013 |
| 2 | Model II Intergovernmental Agreement to Implement FATCA ... The Treasury Department published a second intergovernmental agreement to implement FATCA as outlined earlier in joint statements with Japan and Switzerland. | Legal Update: archive | 19-Nov-2012 |
| 3 | IRS Delays Certain FATCA Deadlines The IRS released an announcement that delays certain deadlines under the Foreign Account Tax Compliance Act (FATCA) and provides additional guidance on grandfathered obligations. | Legal Update: archive | 25-Oct-2012 |
| 4 | US and UK Sign Agreement to Implement FATCA The US and UK signed an agreement to improve international tax compliance and implement the Foreign Account Tax Compliance Act (FATCA) on September 12, 2012. | Legal Update: archive | 18-Sep-2012 |
| 5 | Model Intergovernmental Agreement to Implement FATCA ... The Treasury Department published a model intergovernmental agreement to implement FATCA in consultation with France, Germany, Italy, Spain and the UK. | Legal Update: archive | 26-Jul-2012 |
| 6 | Model II Announced for Intergovernmental Framework to ... The Treasury Department announced a new intergovernmental framework to implement FATCA in joint statements with Japan and Switzerland. | Legal Update: archive | 25-Jun-2012 |
| 7 | IRS Issues Proposed Regulations on FATCA The IRS issued proposed regulations addressing withholding and information reporting requirements under the Foreign Account Tax Compliance Act (FATCA). | Legal Update: archive | 09-Feb-2012 |
| 8 | IRS Revises Guidance for Phased Implementation of FATCA An update on the IRS's revision of Notice 2011-53 to include withholdable payments to non-financial foreign entites in the phased implementation schedule for withholding under the Foreign Account Tax Compliance Act (FATCA) enacted as part of the Hiring Incentives to Restore Employment Act of 2010. | Legal Update: archive | 26-Jul-2011 |
| 9 | IRS Guidance Released for Phased Implementation of FATCA An update on the IRS's issuance of guidance providing for the phased implementation of withholding and certain reporting provisions of the Foreign Account Tax Compliance Act (FATCA) enacted as part of the Hiring Incentives to Restore Employment Act of 2010. | Legal Update: archive | 18-Jul-2011 |
| 10 | Revised FAQs on double tax treaty passport scheme HMRC updated its FAQs on the double tax treaty passport scheme on 7 July 2011. | Legal Update: archive | 12-Jul-2011 |
| 11 | Dodd-Frank Delays Mount as Agencies Extend Comment ... An update on the controversy surrounding the timetable for Dodd-Frank implementation and the extension by federal regulators of the public comment period for proposed rules on securitization credit risk retention to August 1, 2011. This is the latest in a series of Dodd-Frank rulemaking delays that have come primarily in the area of OTC derivatives. | Legal Update: archive | 07-Jun-2011 |
| 12 | FATCA Guidance Released for Foreign Financial Institutions An update on the IRS's issuance of additional guidance for foreign financial institutions (FFIs) on implementing the Foreign Account Tax Compliance Act (FATCA) withholding and reporting provisions enacted as part of the Hiring Incentives to Restore Employment Act of 2010 (HIRE Act). | Legal Update: archive | 11-Apr-2011 |
| 13 | IRS Issues Preliminary Guidance on FATCA An update on the IRS's issuance of preliminary guidance on implementing the Foreign Account Tax Compliance Act (FATCA) withholding and reporting provisions enacted as part of the Hiring Incentives to Restore Employment Act of 2010 (HIRE Act). | Legal Update: archive | 30-Aug-2010 |
| 14 | Basel Committee Publishes Final Report and ... An update on the final report and recommendations of the Basel Committee's Cross-border Bank Resolution Group on cross-border bank crisis management. | Legal Update: archive | 22-Mar-2010 |
| 15 | Jobs Bill Offset with FATCA Provisions to Combat Offshore Tax ... An update on the Foreign Account Tax Compliance Act (FATCA) provisions included in the Jobs Bill to combat offshore tax evasion. | Legal Update: archive | 17-Mar-2010 |
| 16 | FDIC and Bank of England to Cooperate More Closely in ... An update on a memorandum of understanding between the FDIC and the Bank of England providing for greater cooperation between the two authorities in resolving troubled banks that have US and UK operations. | Legal Update: archive | 25-Jan-2010 |
| 17 | Basel Committee Issues Report On Resolutions of Cross ... An update on a report published by the Basel Committee's Cross-border Bank Resolution Group on ways to improve the resolution of failing financial institutions that have cross-border activities. | Legal Update: archive | 18-Sep-2009 |
| 18 | US and Switzerland Reach Settlement Over UBS Client ... An update on the settlement of a dispute between the US and Swiss governments relating to the release of UBS client records. | Legal Update: archive | 04-Aug-2009 |
| 19 | CPSS Expands its Membership An update on the expansion of the Committee on Payment and Settlement to include the central banks of Australia, Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and South Korea. | Legal Update: archive | 24-Jul-2009 |
| 20 | Swiss Banks Cutting Down on US Business in Response to ... An update on the responses of some Swiss banks to the dispute between the US Department of Justice, the Swiss government and UBS over US efforts to gain access to UBS client records. | Legal Update: archive | 21-Jul-2009 |
| 21 | Court Hearing Stayed as UBS, US and Switzerland Pursue ... An update on the dispute between the US and Swiss governments and UBS over the efforts of US prosecutors investigating tax evasion to obtain the names of about 52,000 UBS clients. | Legal Update: archive | 14-Jul-2009 |
| 22 | Swiss Economic Minister Says Chances of Approving Tax ... An update on the agreement between Switzerland and the US to amend a treaty related to the exchange of tax information and the dispute over US efforts to compel UBS to turn over client records related to an investigation into tax evasion. | Legal Update: archive | 10-Jul-2009 |
| 23 | US, Switzerland Agree to Increased Tax Information Exchange ... An update on the increased tax information exchange provisions of the proposed protocol to the US-Switzerland income tax treaty. | Legal Update: archive | 22-Jun-2009 |
| 24 | Lehman Files Motion for Approval of a Cross-Border ... An update on the Lehman bankruptcy proceedings. | Legal Update: archive | 26-May-2009 |
| 25 | Virtual Signings Challenged in the UK An update on the response from the Law Society in the UK to a case challenging virtual signings in the UK. | Legal Update: archive | 21-May-2009 |
| 26 | BCBS Publishes Final Guidance on Cover Payment ... An update on the publication by the Basel Committee on Banking Supervision (BCBS) of its final guidance for supervisors on due diligence and transparency regarding cover payment messages relating to cross-border wire transfers. | Legal Update: archive | 15-May-2009 |
| 27 | Bank of Canada issues first statements on quantitative easing | Legal Update: archive | 07-May-2009 |
| 28 | Bank of Canada makes history with new monetary policy ... | Legal Update: archive | 07-May-2009 |
| 29 | Minister of Finance announces consultation to permit banks to ... | Legal Update: archive | 07-May-2009 |
| 30 | Bank of Canada announces new Term Purchase and Resale ... | Legal Update: archive | 05-Mar-2009 |
| 31 | Canadian Government launches consultation on CDN$12 ... | Legal Update: archive | 05-Mar-2009 |
| 32 | Credit crisis - EU relaxes state aid rules on banks | Legal Update: archive | 05-Mar-2009 |
| 33 | Executive compensation provisions of the American Recovery ... | Legal Update: archive | 05-Mar-2009 |
| 34 | Investment fund regulation | Legal Update: archive | 05-Mar-2009 |
| 35 | Mitigating counterparty risk for OTC derivatives - recent ... | Legal Update: archive | 05-Mar-2009 |
| 36 | Passport notifications under the BCD | Legal Update: archive | 05-Mar-2009 |
| 37 | SemCrude decision could spell the end to triangular set-off ... | Legal Update: archive | 05-Mar-2009 |
| 38 | Subscription shares - the dawn of a new era | Legal Update: archive | 05-Mar-2009 |
| 39 | The future for annual bonuses | Legal Update: archive | 05-Mar-2009 |
| 40 | The recently passed American Recovery and Reinvestment ... | Legal Update: archive | 05-Mar-2009 |
| 41 | Canadian Government publishes proposed budget for 2009 ... | Legal Update: archive | 05-Feb-2009 |
| 42 | Current developments concerning the German Financial ... | Legal Update: archive | 05-Feb-2009 |
| 43 | EU Commission approves German regulations to support ... | Legal Update: archive | 05-Feb-2009 |
| 44 | Funding pension plans in Canada during the financial crisis | Legal Update: archive | 05-Feb-2009 |
| 45 | The German Financial Market Stabilisation Act (FMStG) | Legal Update: archive | 05-Feb-2009 |
| 46 | The Law on the Central Bank is amended to enable it to assist ... | Legal Update: archive | 04-Feb-2009 |
| 47 | Executive compensation programmes under TARP Companies participating in TARP should take action to ensure that their compensation programmes exclude incentives for their senior executives to take risks that might threaten the company's value. | Legal Update: archive | 28-Jan-2009 |
| 48 | Recent opinion by US court places strict limitations on ... | Legal Update: archive | 28-Jan-2009 |
| 49 | Global clampdown on short selling | Legal Update: archive | 27-Jan-2009 |
| 50 | Lesson From Lehman: Limiting Market Risk With "Good Faith ... | Legal Update: archive | 27-Jan-2009 |
| 51 | Securities and Exchange Commission says FDIC-guaranteed ... | Legal Update: archive | 27-Jan-2009 |
| 52 | ABI and share issues The Association of British Insurers (ABI) changes its guidelines on share issuances. | Legal Update: archive | 26-Jan-2009 |
| 53 | FSA enforcement action - Aon FSA fines Aon for inadequate systems and controls to prevent corruption connected with the promotion of its business in high risk jurisdictions. | Legal Update: archive | 26-Jan-2009 |
| 54 | Further restrictions on corporation tax relief for financing ... UK Government publishes draft provisions on the Taxation of the Foreign Profits of Companies, containing details of its proposed worldwide debt cap. | Legal Update: archive | 26-Jan-2009 |
| 55 | Underwater share options Some practical solutions for companies that have granted share options to employees, the exercise cost of which now exceeds the price of the shares. | Legal Update: archive | 26-Jan-2009 |
| 56 | Far reaching and robust - ILAS for 2009 The FSA publishes a consultation paper (CP08/22) on its new Individual Liquidity Adequacy Standards (ILAS). | Legal Update: archive | 23-Jan-2009 |
| 57 | DC Circuit Finds International Finance Corporation Waived ... An update on a decision by the DC Court of Appeals regarding a claim for immunity by the International Finance Corporation under the International Organizations Immunities Act. | Legal Update: archive | 13-Jan-2009 |
| 58 | New Tax Treaty Protocol with Canada and New Tax Treaties ... An update on new tax treaty instruments that entered into force on December 15, 2008. | Legal Update: archive | 16-Dec-2008 |
| 59 | Credit Suisse and HSBC Added to US Tax Investigation This legal update is about the expanding US tax investigation into foreign banks that sell offshore private banking services to US taxpayers. | Legal Update: archive | 03-Dec-2008 |