Commitments fulfilled: The USA terminates the deferred prosecution agreement with the bank
The responsible US court in New York has approved this application.
Legal
2116 articles found
USA terminates ZKB’s deferred prosecution agreement
The agreement started in 2018, following a seven-year tax dispute.
When Should Offshore Trustees Participate In Foreign Proceedings?
Choosing to do nothing in the face of foreign proceedings may result in a foreign judgment
Future regulatory framework – Treasury to reform regulation post-Brexit
The consultation proposes changing this principle to clarify that such growth should happen in a sustainable way that is consistent with the UK’s net zero commitments.
How your cryptoassets will be taxed in the UK
This means that investors found to be evading tax bills may incur severe penalties – further evidence for why getting your cryptoasset taxes in order is crucial.
Swiss Banker's Ex-Wife Snagged in Data Breach
Ceregato paid nearly 56,000 Swiss francs ($61,000) in fines and court fees as a result of the decision, carried out by Zurich's prosecutor.
Belgium: New special tax regime for expatriates proposed
This article summarizes the most important anticipated changes based on the draft text of the proposed legislation and related explanatory documents as approved by the Council of Ministers.
FCA fines London broker £600k over ‘suspicious’ offshore trades
The FCA found that Sunrise had deficient systems and controls to identify and mitigate the risk of facilitating fraudulent trading and money laundering in relation to business introduced by the Solo Group, between 17 February 2015 and 4 November 2015.
Ten Carey Olsen lawyers recognised as leading private client practitioners
This recognition follows in the footsteps of Carey Olsen's trusts and private wealth practice
European Parliament formally adopts EU public Country-by-Country Reporting
A breakthrough was achieved in February 2021 in the Council of the EU, as a result of certain countries changing their previous position and agreeing to support the proposal.
Federal Council brings new legal framework on implementation of international tax agreements into force
The revision of the law now also stipulates how mutual agreement procedures are to be carried out at national level, provided the applicable agreement does not contain any deviating provisions.
Swiss Bank Tax Evasion Case Highlights Singapore's Gaps
This raises questions about how effectively the city-state fights financial crime.