Managers of Wealth

Fighting money laundering by Shashi Nathan, Withers

A tough stance against financial crime is necessary to protect Singapore’s reputation as a clean and trusted financial centre.

New Tax Regulations Will Impact High-Net-Worth Estate Planning

What makes the law important to clients is that, by its terms, it is not retroactive to most planning done before its enactment in final form, which will, by the terms of the proposal, occur sometime after December 1, 2016.

Apple Wealth CEO challenges SEC suspension

Prasit arranged an urgent press conference to respond to the move, saying he would file a petition against the Securities and Exchange Commission

Private banks in Singapore reporting Indonesians embracing tax amnesty to police

Both the Singapore police and MAS declined to comment.

Pimco alleges Bill Gross leaked confidential pay data

Mr Gross is asking a judge to order Pimco to provide him with internal documents he says he needs to prove his case.

Dbriefs for Financial Services: Take the lead

The Internet of Things and intelligent buildings

Guernsey regulator signs MoU with Abu Dhabi counterpart

Zoë Cousens, Guernsey Finance’s Middle East representative, who was present at the signing ceremony along with Chief Executive Dominic Wheatley, said the MoU would aid her work in the region.

Appleby's Frances Woo named Managing Partner of the Year by ALB

Amongst strong competition, nominations included pre-eminent legal practitioners from the fields of onshore and offshore, with Appleby being the only offshore representative.

Who’s the baddie?

Following the European Commission ruling that Apple should pay Ireland €13bn in back taxes, the reaction from the US was indignant. So why do the US authorities appear to be more annoyed with Brussels than they are with Apple?

FCA plans to ban former Barclays executive

It is expected that the FCA will publish details of the case as early as today, the FT said.

Non-doms pay 10 times more in income tax than average taxpayer group

Survey: They'll 'move if the grass looks greener'

Bahamas Urged: ‘Resist’ New Global Tax Pressure

“The OECD has already said we’re well within our rights to do what we’re doing,” he added.

Debevoise Launches Business Integrity Group

With the accelerating trend toward intricate and significant legal integrity risks, the time is right for a dedicated practice focused on sophisticated, commercially reasonable integrity advice.

Elian Acquisition Update

All Regulatory Approvals Obtained, Transaction Closing by End of September

Singapore and Switzerland to expand fintech cooperation

Regulators in Singapore and Switzerland have signed a cooperation agreement to foster greater cooperation on fintech.

Wine investor Charles Banks charged with defrauding NBA star

Securities and Exchange Commission sued Banks for securities fraud over what appears to be the same deal.

Tax evasion challenge Pakistan, Switzerland moving towards greater cooperation

This agreement contained the old version of article 25 on exchange of information which had very limited scope and did not oblige any of the contracting states to exchange information held by the other''s institutions, including banks.

Pensioners take Rothschild to court

Under the terms of the disputed deals, they took out up to 75% of the value of their properties, the proceeds being reinvested with an insurance company to provide an income.

European infrastructure would benefit from a Guernsey AIFMD passport

Given Guernsey is already a third country, its attractiveness as a jurisdiction would increase due to the stability and security its unchanged status affords.

China may keep CSRC as a standalone watchdog as urgency eases on creating super regulator

Discussions are still ongoing as to whether to fold the banking and insurance regulators under the purview of the People’s Bank of China, officials said

Legal,Regulation,Tax & Compliance