10/16/2019
PrivatBank wins London appeal in lawsuit against ex-owners
PrivatBank’s lawsuit against the former owners alleges fraud that it says cost the bank hundreds of millions of dollars.
Legal,Regulation,Tax & Compliance
10/16/2019
IMF warns global outlook is bad
The IMF for the past year has every three months cut projected growth for 2019 as trade conflicts worsened.
10/16/2019
Woodbridge CEO Gets 25-Year Sentence for Fraud
Robert Shapiro led a $1.2 billion Ponzi scheme over six years that hurt some 8,400 investors.
10/16/2019
Credit Suisse: Shivering with US Department of State
The exuberant thanks of the lawyer was rather directed to the US Department of Labor.
10/16/2019
Mozambique: Ex-CS bankers appointed as witnesses
They appear in the trial of Jean Boustani as a witness, a former manager of a company in Abu Dhabi, which is alleged to have threaded the delicate billion deal for a tuna fleet in Mozambique.
10/16/2019
How Hong Kong’s Taxes Spawned Billionaires and Bred Inequality
How Hong Kong’s Sky-High Home Prices Feed the Unrest: QuickTake
10/16/2019
UBS President breaks lance for the central banks
This has consequences for Weber's current profession.
10/16/2019
Barclays Approved $32 Million Qatar Bonus for Jenkins, SFO Says
Qatar’s investments came as part of two Barclays cash calls in June and October 2008, which raised more than 11 billion from all investors.
10/16/2019
The global war on money laundering is a failed experiment
The deeper problem isn’t that national anti-money laundering laws are being flouted.
10/15/2019
Credit Suisse former clients demand return of $150m in 'illegal' fees
This latest scandal is just further proof that Credit Suisse's own controls have completely failed, resulting in illegal activities which ultimately damage clients, shareholders and the public trust," a spokesman for CS Victims said.
10/15/2019
FCA Says Governance Top Of List For Asset Management
Miller continued that governance is correlated to culture as it is the responsibility of senior management to ensure that incentives are in place to encourage a diverse and inclusive culture.
10/15/2019
CS Victims Again Demand Credit Suisse Return $150 Million in Illegal Fees Amidst Latest Scandal
The full results of a Credit Suisse internal investigation into the fraud affecting CS Victims and involving a relationship manager who was convicted and sent to prison have never been released.
10/15/2019
The complex question of public UBO listings: how much transparency, is too much transparency?
It’s important to note that there’s no trepidation about transparency from a regulatory standpoint
10/15/2019
A Swiss Bank Keeps Cropping Up in Venezuelan Corruption Cases
Graft is almost commonplace in Venezuela
10/14/2019
The Non-Resident Landlords Scheme
If your clients have entities with UK property which is generating rental income, they should ensure that appropriate returns are filed and tax paid by 31 January 2020.
10/14/2019
Khan Affair: Procedure is likely to be protracted
The public prosecutor's office therefore had to apply to the District Court Meilen for the unsealing of the confiscated objects.
10/14/2019
The market's uncertainty problem is getting worse
In many advanced economies, policy is not being conducted in a way that assists in providing some certainty to the decision-making process of local business.
10/14/2019
Thomas Matter: «The Federal Council is EU-dependent»
This will bring the debt capital market back to Switzerland.
10/11/2019
Chambers UK 2020 Guide confirm leading status for Appleby Isle of Man
Released on Thursday 10 October, the Chambers UK Guide 2020 ranks Appleby’s Isle of Man office as Band 1
10/11/2019
SJP ‘not in talks’ with FCA about charging structure
The call, leaked to the Sunday Times, suggested SJP managing director Ian Gascoigne expressed concerns that the FCA would likely want to examine the firm’s use of early withdrawal charges further.