09/25/2020
This is to ensure a timely and consistent implementation across the world, which is key to the success of CbC reporting.
09/25/2020
To ensure transatlantic data flows between the EU and the US following this annulment, the EU Commission and the US government reached a new political agreement on the subject, following which the Privacy Shield decision was adopted in July 2016.
09/25/2020
The matter is related to unauthorised withdrawals between 1990 and 1992 from a Cantrade account of a foreign trade company established in East Germany.
09/25/2020
Controversy is swirling around the arm that is managing Dalio’s $100 million donation
09/24/2020
FINMA reprimands Swiss private Bank
In the course of these proceedings FINMA found that the bank did not make sufficient efforts to investigate the substantial growth in the client’s assets.
09/23/2020
The Democratic Party has made very clear that if it had unfettered control, taxes on property transferred by gift or death would rise.
09/23/2020
With money laundering red flags going up, football clubs may have to step up
A Europol report on money laundering recently identified football as a money laundering paradise for organised crime networks
09/23/2020
SIX unveils tax tool for wealth managers
SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.
09/23/2020
FCA launches consultation on the regulation of international firms
The FCA expects a firm seeking authorisation to have an active place of business in the UK to enable us to effectively supervise its UK activities.
09/22/2020
Truly safe cultures support that diversity with an approach to inclusion that enables employees to bring their whole selves to work, and that creates a safe environment for people to present differing views, challenge accepted norms, and even call out whe
09/22/2020
The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.
09/22/2020
Britain Plans Law to Safeguard City of London's Global Standing
The reference to world leading prudential standards will reassure regulators in Britain who have cautioned about being given a formal remit to maintain the competitiveness of London as a global financial centre when writing new rules, fearing it would wea
09/22/2020
Inside scandal-rocked Danske Estonia and the shell-company ‘factories’ that served it
The FinCEN Files reveal how a handful of secretive agencies mass-produce U.K. shell companies owned by criminals and launderers from former Soviet states.
09/21/2020
We’re here today to talk about what it will take to get your business ready to transition away from LIBOR.
09/20/2020
Surge in South Africans weighing up options to leave the country
Montenegro enquiries increased by 25% in Q3 compared to Q1, and St. Lucia enquiries increased by 46% in the same period, it said.
09/20/2020
Nicolas Moreau faces multiple challenges in transforming the asset manager while the parent bank undertakes restructuring
09/18/2020
Offshore Millionaires Become Target of Argentina’s Wealth Tax
Tax would apply to wealthy Argentine citizens living abroad
09/18/2020
Oppenheimer Announces Pricing of Senior Secured Notes Offering
The Notes will not be registered under the Securities Act or any state securities law
09/18/2020
CaixaBank and Bankia Boards of Directors approve merger plan to create Spain’s leading bank
The Boards of Directors of both banks have approved the exchange ratio of 0.6845 new CaixaBank ordinary shares for every Bankia share.
09/17/2020
Société Générale Cameroun and SGSS will now provide securities custody services from this local platform.