10/10/2017
Herbert Smith Freehills - Financial regulation update
MiFID II: Updated transposition status
Legal,Regulation,Tax & Compliance
10/10/2017
FCA drops probe into former Barclays executive
It is common practice for the FCA ban individuals with a fraud convictions from holding regulated positions within the City.
10/10/2017
Private Bankers Seeking Break From Swiss Crisis-Era Rules
Regulator plans to relax rules for small Swiss banks
10/10/2017
Dubai International Financial Centre Issues New Trust Law and Foundation Law for Public Consultation
The recommendations also include the establishment of DIFC’s Family Business Centre, which will support and service regional and international family offices looking to relocate their private wealth and succession planning structures to the Centre.
10/09/2017
French wealth tax amendment to cover cars, jewellery and yachts
The idea was to make the country more attractive to wealthy investors.
10/09/2017
EU raids Polish and Dutch banking groups over fintech access
Brussels fears lenders are blocking challengers’ access to data on customers
10/09/2017
Former Conservative party treasurer wins Luxembourg bank case
David Rowland faced claims he had promised an option on bank stake while on board yacht
10/08/2017
Money launderers remain ahead of authorities by using 'sophisticated methods', US expert says
Mr Cassara said the recent case of the Commonwealth Bank just proved how exposed Australia was to sophisticated money laundering gangs.
10/08/2017
Emmanuel Macron to introduce new tax on expensive jewellery, supercars and luxury yachts
Lawmakers to propose amendments after critics attack the President’s move to scrap wealth tax
10/06/2017
Credit Suisse's Zombie Billion Fight Nears End
It is Credit Suisse which is seeking more than $1.2 billion from the vestiges of Lehman.
10/06/2017
Mourant Ozannes advises on hostile takeover
Mourant Ozannes Partner John Rochester led the team advising Pallinghurst, assisted by Counsel Alex Davies and Associate Alana Nisbet.
10/06/2017
Olympics official had 16 gold bars hiddedn in swiss bank, is arrested Amid alleged vote-buying scheme
It's not particularly shocking that the 2016 Olympics have been tainted by corruption charges.
10/06/2017
SIX Exchange Regulation opens investigation against BCGE
Other sanctions the monitoring body could impose on the cantonal bank vary from a reprimand, a fine of up to CHF 1 million in cases of negligence
10/05/2017
Boris Becker 'is £54 MILLION in debt
Reports claim tennis great Boris Becker has built up debt to tune of £54million
10/05/2017
Herbert Smith Freehills - Financial regulation update
FCA report on rates of return for prescribed projections
10/05/2017
Germany's 'James Bond' found guilty of tax evasion
Mauss had denied the charges and claimed the accounts were set up to channel funds used in operations to free hostages.
10/05/2017
Madrid defender in second tax probe
Brazil and Real Madrid player Marcelo Vieira is facing the prospect of Spanish tax investigators trawling through his accounts for a second time.
10/05/2017
New York hedge fund may seize yacht in dispute with Ruias
New York’s Davidson Kempner Capital Management is now eyeing a luxury yacht owned by the Ruia family in a legal dispute with Essar Global Fund
10/05/2017
Regulators probe Standard Chartered over 1.4 bln dollar transfer - source
Under the rules countries will agree to automatically share annual reports about accounts belonging to people subject to taxes in each member nation.
10/05/2017
StanChart faces probes in Guernsey, Singapore over $1.4bn in client transfers
The timing of the transfer in the second half of 2015 also came shortly before the introduction a few months later of tighter disclosure requirements for tax data in Guernsey as part of the Common Reporting Standard, a new global transparency code.