06/07/2018
Ex-Rangers boss Walter Smith sues his wealth advisers
The court has previously said it will not force Smith to hand over the documents.
Legal,Regulation,Tax & Compliance
06/06/2018
AJ Bell starts fee cuts on passive multi-asset range
AJ Bell has also fixed its annual management charge at 0.15%.
06/06/2018
UBS Resurfaces in Malaysia Probe
Musa, the former governor of Sabah, a mountainous state on the northern tip of Borneo rich in oil, timber and palm oil, is in hot water in Malaysia.
06/06/2018
$12 trillion ‘phantom’ corporate investment – it’s not just about tax avoidance by George Bull
Using the latest transparency data, a report from the International Monetary Fund estimates that multinational corporations have invested $12 trillion in empty shell companies. On top of that, around $7 trillion of personal wealth is held in tax havens. W
06/06/2018
Credit Suisse Fined in Hiring Probe
This legacy matter did not impact the services provided to any clients, investors or counterparties.
06/05/2018
SEC fines New York firm deVere US$8 million over UK pension advice conflicts
Investment advisers have an obligation to disclose direct and indirect financial incentives
06/05/2018
Top global investment bank executives charged with criminal cartel offences in Australia
Criminal charges have also been laid against several senior executives
06/04/2018
Citizenship for sale: how the rich shop for new passports
Citizenship-by-investment programmes offer the super-rich an opportunity to acquire a new nationality
06/04/2018
Dormant Assets Scheme bolstered by industry leaders
Industry support for new plans to expand the dormant asset schemes
06/04/2018
Offshore law firm breaks into top three for LSE clients
The Corporate Advisers Ranking Guide show that with 101 LSE listed clients, Carey Olsen has comfortably more than double the number of the next nearest offshore law firm.
06/04/2018
Scrapping inheritance tax won’t make divorce easier
Proposals consider being able to gift up to £125,000 per person as a lifetime gift without payment of tax.
06/04/2018
ICOs and good governance - Ogier
This difficulty in establishing the correct banking architecture for these businesses undermines the ability of operators to ensure the integrity of their financial governance and is proving a real obstacle to the growth of the sector.
06/01/2018
EU puts US on the clock for tax blacklist
If the US does not comply with the OECD Common Reporting Standard by June next year it faces being placed on the EU blacklist for non-cooperative jurisdictions, an EU top official has warned.
05/31/2018
US Mounts Major Global Money-Laundering Campaign
It is uncertain how much of the new assertiveness can be traced to the US initiative.
05/31/2018
Deflation a tougher foe than Japan's central banker imagined
Kuroda retreats from 'Peter Pan' confidence in power of loose money
05/31/2018
Singapore, Malaysia authorities meet as 1MDB probe intensifies
Our Malaysian counterparts have requested for our assistance in relation to their 1MDB-related investigations, and we agreed to a meeting in Kuala Lumpur
05/31/2018
Use of behavioural insights may help educate investors, say IOSCO/OECD
The report also provides various approaches for regulators, policy-makers, and practitioners to choose from when considering whether and how to apply behavioural insights.
05/31/2018
Hong Kong regulator fines wealth manager
Noah HK did not have an adequate supervision and control mechanism in place for monitoring the sale of investment products.
05/30/2018
Property Millionaires Fuel One of Hong Kong’s Oldest Brokerages
The hires will take place over the next year or two and raise the team’s overall strength to about 500.
05/30/2018
Liabilities of Legal Representatives and Directors of Chinese Companies
Chinese law does not require a legal representative to have actual knowledge of, or be personally involved in, any of the violations stipulated above.