11/22/2017
House Tax Bill Is Littered With Loopholes for Wall Street’s Wealthiest
Loopholes aside, the biggest features of the Republican tax plans in both chambers bear a mix of news for wealthy investors.
Legal,Regulation,Tax & Compliance
11/22/2017
U.S. jury clears ex-Swiss banker of aiding tax dodgers
The case brought against Buck, 37, by federal prosecutors in New York was one of a number of cases spilling out of a broad crackdown by the United States on offshore tax evasion by Americans.
11/22/2017
Milan Patel: U.S. Is Ready to Conclude With Swiss Banks
We know they are having discussions right now, so they are absolutely reaching stages with several banks to finalize the numbers.
11/22/2017
Russian Billionaire Arrested In France For Tax Evasion
French Police Arrested One Of Russia’s Richest Men
11/22/2017
Herbert Smith Freehills - Financial regulation update
To view a web version of this email please click here Herbert Smith Freehills Financial regulation: daily update FCA speech on the power of machine learning and AI for regulators The FCA has published a speech delivered by Stefan Hunt, Head of Behavi
11/22/2017
Coutts ordered to pay out on £400k offshore investment
It follows a previous adjudicator’s findings that the investment adviser had failed to adhere to its clients’ wishes to have their capital protected, which Coutts appealed.
11/21/2017
Paradise Papers, The Rest Of The Story
Media seem to be fixated on the theme of “secrecy.”
11/21/2017
Prince Charles pal and trading veteran hit with £114m tax fine
The Zurich authorities claim he was trading art and antiques out of his sprawling Villa Falkenstein, home to his private family office in the city, and failing to declare it.
11/20/2017
More Legal Woes For HSBC
HSBC Is Being Dragged Into High Profile Legal Proceedings
11/20/2017
HSBC Calls Banker's $2.4 Million Bonus Suit a Waste of Time
The bank says Parmar, who headed an HSBC Private Bank business unit for south Asia, helped Sanjay Sethi -- a former client -- evade taxes.
11/20/2017
Merrill Lynch Fights Retired Brokers’ Arb Claims
The time to bring claims ended long ago and, as a result, we will file motions to have these cases dismissed
11/20/2017
Saudi Arabia’s crown prince could turn to Credit Suisse next
Saudis are among a number of SWFs intrigued by recent shareholder developments at Swiss bank
11/19/2017
Jersey scores top marks on OECD tax transparency
Jersey now sits right at the very top globally in terms of standards of tax transparency
11/19/2017
Malta is not a tax haven - Francis J. Vassallo
The sensationalism surrounding the latest scoop is harming the reputation of countries.
11/19/2017
India gets nod to access details on black money stashed in Swiss banks
The proposal will now be submitted for approval from the upper chamber of Swiss Parliament, the Council of States, in the winter session beginning November 27.
11/19/2017
Swiss Regulator Finds JPMorgan Broke Money-Laundering Rules
There Is Nothing More Important Than The Safety And Soundness Of The Global Monetary System
11/19/2017
Racing around in circles on tax
One technicality has cancelled out another technicality, the law has been obeyed, and VAT has been paid and refunded as it was designed to.
11/19/2017
Isle of Man complies with international standards
The UK and US are also among scores of countries deemed ’largely compliant’ based on a first round of reviews.
11/17/2017
Tareen’s ‘Trust Deed’ signed, executed in Switzerland
The trust deed of Jahengir Tareen is witnessed by one Ian Iredale, officer of HSBC’s private Geneva bank, which specialises in dealing with high value clients.
11/16/2017
Finma's Harsh Spotlight
That changed dramatically in the years following the financial crisis.