ROME, Oct 10 (Reuters) – Italians who hold undeclared funds in Switzerland, Montecarlo and San Marino must repatriate them to be covered by a new tax amnesty, unlike other countries and the EU, the Italian tax agency said on Saturday. (more…)
Financial Regulatory Forum
U.S. Treasury launches first toxic asset funds
WASHINGTON, Sept 30 (Reuters) – The first two funds involved in the government’s plan to purchase toxic assets have raised about $1.13 billion, the U.S. Treasury Department said on Wednesday. (more…)
By Paritosh Bansal
NEW YORK, Aug 10 (Reuters) – Lone Star Funds joined other big private equity names in opposing proposed U.S. rules for investments in failed banks, as a designated period for public comment on the draft regulations comes to an end on Monday.