03/02/2017
Top tax official not sure of losses with €10bn transfers offshore
The files containing the information provided by banks to its central computer system.
Legal,Regulation,Tax & Compliance
03/02/2017
Swiss Asset Management Revamp
It is designed to enable the Swiss asset management to take full advantage of it growth potential and to strengthen the identity as an independent wealth manager.
03/02/2017
UBS will substitute issuer of future loss-absorbing AT1 capital instruments and current and future TLAC-eligible senior unsecured debt
At that point, we also expect to substitute UBS Group AG as issuer of outstanding capital and debt instruments issued by UBS Group Funding (Switzerland) AG.
03/02/2017
KPMG offshore tax dodge a 'facade' designed to hide money, ex-client says
Accounting firm's contracts with federal government questioned
03/01/2017
First Circuit affirms insider trading conviction for stock tip written on clubhouse napkin
This decision comes in the wake of a series of recent insider trading decisions.
03/01/2017
IRS Audits to Go After Offshore Earnings and Transfer Pricing
Agency has a new series of 13 audit campaigns narrower than previous broad approach
03/01/2017
Latham & Watkins launches new resource for investors in africa
New comparative guide helps investors navigate the legal systems when investing in some of Africa’s major economies.
02/28/2017
Mourant Ozannes successfully opposes unprecedented scheme of arrangement
Minority shareholders would have received a 43.6% discount to the net asset value of Puma.
02/27/2017
HSBC discloses tax evasion probes in India, other countries
HSBC further said it has set aside USD 773 million over Rs 5,000 crore as a provision for various tax- and money laundering-related matters.
02/27/2017
HSBC cuts legal spend by US$1bn
The company also faced tax-related investigations in the US, France, Belgium, Argentina, and India.
02/27/2017
French judges begin hearing giant tax case
The so-called France Offshore Affair has been in the headlines for years.
02/27/2017
HSBC reveals it is being probed for helping clients dodge taxes
The banking giant also said offshore accounts of four Indians and their families were being probed by Indian tax authorities
02/27/2017
Why Pay High Fees?
The resulting shortfalls in their assets will for decades have to be made up by local taxpayers.
02/27/2017
Has the art market become an unwitting partner in crime?
Secrecy has long been central to the art world.
02/24/2017
Banking & Securities Viewpoints - Deloitte
A biweekly digest for executives
02/24/2017
One last chance to take advantage of offshore trusts?
Once deemed domiciled, their worldwide assets will be subject to UK inheritance tax.
02/24/2017
Uzbek Probe Hits Lombard Odier
The news was first reported by Swiss magazine «Bilanz» in German.
02/24/2017
Swiss Supreme Court Clarifies Illicit Fishing Expeditions In International Tax Assistance Procedures
It was enacted only to secure the due execution of international tax assistance inquiries.
02/24/2017
Lawyers warn super funds to expect class actions
This is despite the law recognising a tolerance for investment strategy losses from the development of complex intermediated structures.
02/24/2017
Cayman Islands vote could pull back veil of secrecy for businesses
The Cayman Islands, a U.K. territory long considered to be an offshore tax haven.