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Results: 1-10 of 20

The D.C. update

  • Locke Lord LLP
  • -
  • USA
  • -
  • August 6 2010

The Senate reconvened on Monday, August 2, and will likely wait until Labor Day to consider any major legislation

The D.C. update

  • Locke Lord LLP
  • -
  • USA
  • -
  • June 30 2010

Sen. Robert Byrd (D-W.Va.) passed away Monday, June 28, after a serious illness

European Parliament contemplates global financial institution tax

  • Alston & Bird LLP
  • -
  • European Union, USA
  • -
  • February 23 2010

Today, the European Parliament Economic Affairs Committee issued a press release stating that "a globally implemented tax to discourage excessive risk-taking by financial institutions and to ensure the industry pays for the damage caused by the financial crisis should be considered."

Senators propose bonus tax

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • February 8 2010

On February 4th, Senators Barbara Boxer and Jim Webb introduced the Taxpayer Fairness Act, a bill that would impose a tax on bonuses of $400,000 or more paid by financial firms that received at least $5 billion in Troubled Asset Relief Program funds

International revenue provisions tag along with Emergency Stabilization Act of 2008

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • October 3 2008

On October 3, 2008, the President signed H.R. 1424 into law, which includes the Emergency Stabilization Act of 2008, the Energy Improvement and Extension Act of 2008, and the Tax Extenders and AMT Relief Act of 2008

U.S. FATCA creates potential compliance issues for Canadian financial institutions

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • August 2 2011

Our insurance group colleague Stuart Carruthers recently authored an article regarding the potential compliance issues emanating from certain provisions of the U.S. Hiring Incentives to Restore Employment Act known as the Foreign Account Tax Compliance Act

Financial services legislative and regulatory update - October 10, 2011

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • October 10 2011

The theme of this past week is anger, primarily espoused by the Occupy Wall Street protests who continue to garner attention for their disenchantment with the financial services industry, corporate America and government

UK consultation on managing, recovering and resolution planning

  • Orrick Herrington & Sutcliffe LLP
  • -
  • United Kingdom, USA
  • -
  • August 23 2011

The UK Financial Services Authority ("FSA") published its long awaited consultation and discussion papers on Recovery and Resolution Plans for UK financial institutions

Financial services legislative and regulatory update - December 12, 2011

  • Mintz Levin Cohn Ferris Glovsky and Popeo PC
  • -
  • USA
  • -
  • December 13 2011

The theme of the past week was a contrast between stasis and action

Important IRS private letter ruling on bank-owned life insurance policies

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 11 2012

The Internal Revenue Service recently released to the public a private letter ruling (PLR) 201152014 addressing the application of Internal Revenue Code sections 264(f) and 101(j) to a transaction involving bank-owned life insurance policies (BOLI) contributed to a limited liability company (LLC

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