06/30/2020
Chinese Jeweller Kingold Probed for Historic Fake Gold Bar Fraud
16 billion yuan ($2.3 billion) of outstanding loans are being backed by 83 tons of allegedly fake gold bars.
06/30/2020
16 billion yuan ($2.3 billion) of outstanding loans are being backed by 83 tons of allegedly fake gold bars.
06/30/2020
The European Commission (EC) has noted that a globally interconnected financial system has contributed to the ability of criminals, money launderers and terrorists to hide and move funds around the world.
06/30/2020
The Divorce, Dissolution and Separation Bill (commonly referred as the no-fault divorce bill) has passed its third reading in the House of Commons and will next be considered by the House of Lords.
06/30/2020
These considerations provide useful guidance to market participants in assessing the nature of their exposure to tough legacy contracts
06/29/2020
Given the impact of coronavirus (Covid-19), we have introduced some temporary measures for firms submitting regulatory returns.
06/29/2020
The announcement comes as China seeks to impose a new national security law on Hong Kong, and only two days before the 23rd anniversary of the territory’s return to Chinese rule.
06/28/2020
Bermuda has begun to gradually re-open the Island.
06/26/2020
In view also of the global challenges, further efforts must be made to safeguard and further expand the interests and competitiveness of the Swiss financial centre internationally.
06/26/2020
The cross-border Ogier team was led by Jersey-based partners Matthew Shaxson and Niamh Lalor
06/25/2020
Offshore holding companies forming part of a private wealth structure have typically been unregulated.
06/25/2020
The business has total funds under management of £1.0 billion (as of 31 May 2020). T
06/25/2020
The rules recognise that certain private funds do not prepare marketing materials, and do not require them to do so.
06/25/2020
It comes amid claims that Paris is an international centre for trade in illegal artefacts.
06/25/2020
Chief executive Brian Raven said the firm is facing ‘no further’ FOS complaints, but two former clients are currently taking legal action.
06/25/2020
Given Monaco’s high concentration of wealth (one in every three people is a millionaire and the place attracts hundreds of billionaires), it’s surprising it doesn’t have much of a financial center – like the comparably small Lichte
06/25/2020
A number of bank issuers have already started to make the proactive step to transferring their older legacy deals that will cross over into 2021 to alternative rates.
06/25/2020
They are at the forefront of crafting essential strategies to maintain a positive cash flow, drive the implementation of government relief measures
06/24/2020
Siblings’ dispute revolves around ownership of Hinduja Bank
06/24/2020
Opportunities lie in four key areas: funds industry service provision, technology, portfolio and risk management, and fund governance.
06/23/2020
This decision is significant as for the past 10 years the courts of the British Virgin Islands have regularly granted freezing orders under the so-called Black Swan jurisdiction