10/20/2017
Ex-SJP adviser jailed for gambling away £850k of client money
Pickering confessed to SJP in July 2016 and the company subsequently contacted his victims.
Legal,Regulation,Tax & Compliance
10/19/2017
Switzerland Agrees To Share Tax Information On Multinationals
Switzerland Has Attracted Hundreds Of Multinationals
10/19/2017
Macron lawmaker wants 'rich list' study amid wealth tax unease
Macron made good in early October on a campaign pledge to abolish the tax, earning him a “president of the rich” tag among critics.
10/18/2017
SIX Securities Services solves withholding tax issues for investors in Switzerland
Every year Swiss investors – usually unknowingly – incur significant losses because of the double taxation of interest and dividends from foreign companies.
10/18/2017
Home Office ‘illegal migrant’ crackdown to threaten bank clients
This opens up a Pandora’s Box of potential complications which could have far reaching effects on HNW foreign individuals’ ability to access their UK bank accounts.
10/17/2017
The GDPR and the Data Protection Law – Two Sides of the Same Coin
The good news for entities in Cayman comes in the form of the new Data Protection Law.
10/17/2017
Governments rapidly dismantling harmful tax incentives worldwide
Revenue losses from BEPS are conservatively estimated at USD 100-240 billion annually
10/17/2017
French finance expert tells High Court she was called 'corrupt and in need of psychiatric help'
Phones4u billionaire set up wealth management firm with French financier
10/17/2017
High Taxes Drove 80,000 Millionaires out of Their Countries in 2016: Where Did They Flee?
A similar phenomenon occurred in emerging countries.
10/17/2017
Lloyds Can't Shake Troubled Past in Suit Over HBOS Takeover
The case is the second shareholder lawsuit relating to the financial crisis.
10/17/2017
Real Madrid star Marcelo accused of defrauding Spanish tax authorities of £437,000 by using foreign companies to handle image rights
Who has been playing for Real Madrid since moving from Brazilian club Fluminense in 2007.
10/16/2017
Hong Kong, Switzerland in Tax Agreement
The Swiss government initiated a consultation on the Hong Kong AEOI.
10/16/2017
UBS, Standard Chartered IPO Lawsuit Dropped
The company is now in liquidation and has been delisted from the Hong Kong exchange.
10/16/2017
Nine Appleby Offices Recognised in 2018 IFLR1000 Guide
The IFLR1000 is the guide to the world’s leading financial law firms.
10/16/2017
Private Client 2017: Analysis
The practitioners listed assist some of the most successful and influential individuals, families and organisations in the world on their legal needs both domestically and internationally.
10/16/2017
Passports for purchase: Open citizenship doors around the world
"Most of the individuals making these types of investments are high net-worth entrepreneurs with net worths of about $2- to $15 million."
10/16/2017
ASIC accepts enforceable undertaking from Sentinel Private Wealth
The EU follows an ASIC surveillance of SPW’s business, which was prompted by actions taken against two of its financial advisers.
10/16/2017
Gibraltar Publishes Draft Regulations for Blockchain Startups
Extensive work and research with leading industry experts then led to three public consultations on the subject
10/16/2017
Maltese journalist who exposed Panama Papers links killed by car bomb
One of the topics the veteran reporter examined was what the documents from the 2016 leak said about Malta.
10/14/2017
Communiqué of the Thirty-Sixth Meeting of the International Monetary and Financial Committee
We will refrain from competitive devaluations, and will not target our exchange rates for competitive purpose