06/20/2019
The government had tried since 2005 to convince parliament to adapt Swiss law, while in 2015 the OECD said it considered Swiss attempts to tighten rules on bearer shares insufficient.
06/20/2019
Carey Olsen is one of five finalists for the International Legal Team of the Year [midsize firm] category.
06/20/2019
As an industry, we are now looking ahead to working together with government and other partners to move forward
06/20/2019
Fraudsters are every year robbing Europe’s citizens of 50 billion euros in tax money. A Europe-wide investigation by 63 journalists from 30 countries, coordinated by CORRECTIV.
06/19/2019
City regulator has concerns over fee disclosures and potential scams
06/19/2019
IBF Standards have three levels, with Level 1 described as "basic understanding of key concepts and ability to apply skill to routine tasks", according to IBF Singapore's webpage.
06/19/2019
The commitment announced today will increase further transparency and accessibility whilst maintaining high standards of accurate, up-to-date, verified information.
06/19/2019
Banks and other businesses use suspicious activity reports (SARs) to report cases of suspected money laundering and terrorism financing, to the United Kingdom Financial Intelligence Unit.
06/19/2019
Sustainable finance: Commission publishes guidelines to improve how firms report climate-related information and welcomes three new important reports on climate finance by leading experts
06/19/2019
Jersey, Guernsey and the Isle of Man said in a joint statement they would bring forward legislation for public access to a central register within 12 months of an EU anti-money-laundering review which is due in January 2022.
06/18/2019
The regulator says supervision began in April and will cover a two-year period focusing in on market abuse issues and further concerns around meeting Mifid II disclosure requirements.
06/18/2019
MAS issues prohibition orders against ex-UBS employee for forgery
MAS’ investigation found that Mr Michele had falsified emails on such background checks.
06/17/2019
Guernsey has over 100 regulated trust companies providing the breadth and depth of expertise in the island to hold its own and provide international clients with a one-stop shop for wealth management.
06/17/2019
In a new development, officials from UniCredit and Banco BPM are also suspected of corruption because broker Intermarket Diamond Business (IDB) invested some of its profits from the diamond sales in the banks' shares, according to evidence gathered b
06/17/2019
Zurich-based bank seeks £239m bank payroll levy it paid after the financial crisis
06/17/2019
The deal has been backed by Palatine Private Equity LLP, a UK mid-market private equity house, with additional debt funding from Apera Asset Management.
06/14/2019
This has attracted a significant number of new entrants to the market over the past 15 years (96 lessors in 2002 vs. 153 in 2018).
06/14/2019
The Jersey directors then resigned and the group claimed that UK capital losses could be realised because the residence of the three companies switched to the UK upon the directors’ resignation.
06/14/2019
With the new licences, the New York-listed Chinese wealth manager will be able to give financial advice to high net worth individuals and family offices in Canada.
06/14/2019
So has it lived up to its expectations?