11/29/2018
Gucci could go to court in next 20 days over tax evasion accusations
Both Gucci’s current chief executive Marco Bizzarri and former chief executive Patrizio Di Marco are under investigation as part of the case.
Legal,Regulation,Tax & Compliance
11/29/2018
Revived 1MDB Probe Claims Victims
These guys are fucking criminals,» Belfort told finews.asia last year. He was referring to spendthrift Malaysians reportedly linked to sovereign wealth fund 1MDB.
11/29/2018
Vistra Cyprus Acquires Licence for Cypriot Investment Programme
Vistra Cyprus, being recently awarded the required licensed certificate, with registration number CIP 448, is now permitted to make such submissions
11/29/2018
Deutsche Bank investigated over Panama Papers
Fallout hits German bank more than two years after Mossack Fonseca scandal broke
11/29/2018
Hong Kong court acquits former Standard Chartered private banker of bribery charge
A magistrate's court in Hong Kong has acquitted former Standard Chartered Bank private banking head Ryan Gwee Yuan Kerr of a bribery charge brought by the Independent Commission Against Corruption (ICAC).
11/29/2018
Deutsche Bank's Frankfurt Headquarters Raided in Money Laundering Probe
Frankfurt headquarters as part of an ongoing probe into money laundering that has implicated several European banks over the past year.
11/28/2018
Overcoming the Challenges of Cross-Jurisdictional Customer Onboarding
The real commercial risk for organisations that are not ready to take this challenge seriously won’t necessarily come from the existing set of competitors, which might use the same traditional approach.
11/28/2018
Beyond Brexit and the next election – a wealth tax? by George Bull
In the meantime, for those with the luxury of time to plan ahead, it may be possible to implement share structures which do not fall foul of the new rules from the outset.
11/27/2018
Guernsey courts endorsed for “big ticket” disputes
Mr Kosky praised the Guernsey courts for a “virtually paperless” trial and a judgment made within nine months of the hearing concluded, particularly, he said, when Guernsey had little track record of litigation of such a size.
11/27/2018
Carey Olsen advises on £43.7 million sale of IFC1
The Carey Olsen cross-practice team was led by partner Alex Ohlsson with support from senior associates David Taylor and Will Whitehead, and associate Rebecca McQuillan.
11/26/2018
Jersey confirms beneficial ownership policy
Stringent requirements for the incorporation of Jersey companies, together with regulation and supervision of trust and company service providers, ensure this information is accurate and current.
11/26/2018
Hong Kong seeks relaxation of fund management sale rules in China
The Greater Bay Area has a combined population of 70 million, or 10 times Hong Kong’s population.
11/26/2018
The Future for Independent Asset Managers
One thing is certain, however: Banks may or may not offer all their products to their customers.
11/26/2018
UBS refuses to pay ex-trader’s £500,000 Libor bill
The June ruling criticised the City watchdog’s decision to go after Mr Hussein and not some of his more senior managers, giving Mr Hussein fresh hope.
11/25/2018
1MDB probe shifts focus to extent of Goldman's role
Authorities question if scandal points to companywide corruption
11/25/2018
The US$144 million in dirty cash that no money launderer in China would touch
Shenzhen official Li Huanan offered up to half of his haul to any underground banker willing to move his illicit fortune abroad – but found no takers
11/23/2018
«Breaking Bad» in Banking
Authorities found a professional laboratory equipped to manufacture synthetic drugs including crystal meth.
11/23/2018
Ex-Falcon Board Members Charged
The two are being investigated by Swiss prosecutors and the banking regulator, which allege they used their position on Falcon's board to enable 1MDB to conduct unlawful business.
11/23/2018
‘London’s finest finance broker’ jailed after glassing banking rival in the face at boozy corporate bash
The victim was left needing stitches for a deep, ragged cut across his face after the incident at a pub in the Channel Islands.
11/23/2018
Guernsey courts endorsed for “big ticket” disputes
Mr Kosky praised the Guernsey courts for a “virtually paperless” trial and a judgment made within nine months of the hearing concluded, particularly, he said, when Guernsey had little track record of litigation of such a size.