The FATCA Seminar was tailored to address the unique needs of Middle Eastern institutions, including Islamic banking and takaful insurance structures as well as sovereign wealth funds, and family offices.
Dark-haired Ukrainian head-turner Renata Shamrakova, 26, was busted Thursday by the Manhattan District Attorney on charges of bilking the financier of nearly $1 million during the year that she was his personal assistant.
In April last year, HSBC Bank USA received summons from the US Internal Revenue Service (IRS) asking the entity to produce records with respect to US-based clients of an HSBC group company in India, the banking giant has said.
Asset managers already using the Kii Hub solution include Aberdeen Asset Management, Jupiter Investment Management Group, Ignis Asset Management, Martin Currie Investment Management and Neptune Investment Management.
The FSA says independent advisers will be able to use discretionary investment services, model portfolios, platforms and panels post-RDR as long as they are not the default solution and suitability is established for individual clients.
In its release, the Foundation explains that although private net wealth in Germany is four times public debt, the state nevertheless does not sufficiently tax large wealth.
In what has been described as a "gloves off" approach, HMRC will be launching the new task forces in the 2012/13 tax year, which begins April 6.
The banks – including West LB, JP Morgan Chase and Dresdner Bank – lost more than £400m after they were duped into backing a series of bogus metal shipment trades by Rastogi's firm RBG Resources and related companies.
Citigroup and UBS, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest r