09/26/2017
Primeo v HSBC – Landmark Judgment Handed Down in Grand Court
This judgment illustrates the risks which can arise when providing services to funds, and directs administrators and custodians on the scope of their obligations.
Legal,Regulation,Tax & Compliance
09/25/2017
Appleby 'one to watch' in the Chambers Global High Net Worth Guide
Appleby has been recognised for the second year running in the Chambers Global 2017 High Net Worth Guide for the work it undertakes in the Private Client & Trusts sector.
09/25/2017
Four countries that slash non-dom IHT bills
Four countries have long-established tax treaties that give UK-non-doms from these jurisdictions a hugely advantageous opportunity to minimise paying inheritance tax on their worldwide assets.
09/22/2017
Grant Thornton grows through M&A in Australia, Canada and Costa Rica
Grant Thornton today announced member firm expansion in Australia, Canada and Costa Rica.
09/20/2017
Private security: blending in to protect the well-heeled
They all have the necessary industry licences and accreditations.
09/20/2017
Herbert Smith Freehills - Financial regulation
PSD2: FCA Approach Document and final Handbook changes
09/20/2017
Are robots the latest tax-dodgers?
With calls for robots to pay tax, we ask why they’re only being heard now. Is taxing robots the right approach? Is there an underlying problem which suggests a different response?
09/20/2017
Culture and conduct - extending the accountability regime
Speech by Jonathan Davidson, Director of Supervision – Retail and Authorisations at the FCA, delivered at City and Financial Summit, London.
09/19/2017
CMA Investigates Asset Management Sector
Views and supporting evidence can be submitted to the CMA through their case page.
09/19/2017
FINMA closes down coin providers and issues warning about fake cryptocurrencies
The Financial Market Supervisory Authority FINMA has closed down the unauthorised providers of the fake cryptocurrency "E-Coin".
09/18/2017
Appleby joins Professional Alliance to support rebuild of BVI
Our thoughts remain with all those who have been affected by Hurricane Irma across the region.
09/15/2017
Update on the taxation of non-doms and offshore trusts - Saffery Champness
The second Finance Bill of 2017 was published on 8 September 2017.
09/15/2017
More changes afoot for partnership taxation
As expected, the draft legislation includes provisions aiming to remove uncertainty and provide clarity on the taxation of partnerships.
09/15/2017
Credit Suisse: Yet Another U.S. Settlement
The agreement with MassMutual settles claims pending in the United States District Court for the District of Massachusetts related to the sale of 19 residential mortgage-backed securities certificates in 2006 and 2007.
09/14/2017
Herbert Smith Freehills - Financial regulation
HMT policy paper on changes to the scope and administration of the Bank Levy
09/14/2017
Countries are using tax policy to drive growth, reduce inequalities and promote behavioural change
The report identifies major tax policy trends and highlights that tax is increasingly being used as a key policy lever in the inclusive economic growth strategies of many countries.
09/14/2017
Alleged Swiss spy to go on trial in Germany next month
The state had purchased a stolen data CD containing details on German clients of Swiss banks
09/14/2017
U.K. Investment Firm: Central Bankers Should Clamp Down On Bitcoin
On Tuesday, U.K. investment firm, Schroders, agreed with the Chinese without praising them directly.
09/14/2017
Swiss Life speaks to DOJ about possible tax evasion by U.S. clients
Swiss Life said the inquiry related to its cross-border business with U.S. clients.
09/14/2017
Swiss bank lobby urges government to toughen stance on EU equivalence
The association advocates open markets and insists on recognition by the EU of equivalence for relevant Swiss laws.