10/16/2016
Watchdog says about 15 Swiss banks in money laundering 'red zone': SonntagsZeitung
FINMA introduced a warning system in relation to money laundering risks
Legal,Regulation,Tax & Compliance
10/16/2016
Henley & Partners: Alternations to citizenship program bolsters Cyprus’s investment appeal
Henley & Partners has announced that Cyprus recently introduced key revisions to its Citizenship by Investment Program framework
10/16/2016
UN wants to abolish tax havens worldwide
UN General Assembly, to consider as a priority abolishing tax havens
10/14/2016
Regulatory landscape changes in the Middle East
Regulation in the UAE is complicated, particularly for those coming from outside.
10/14/2016
UK to force suspected criminals to reveal source of wealth
The bill will also introduce a new criminal offence for companies who fail to prevent tax evasion.
10/14/2016
Deutsche says wealth management outflows not significant
Deutsche has been building up its presence in Asia.
10/14/2016
Euro Set to Rally on ECB Taper Talk, UBS Wealth Management Says
Europe’s single currency strengthened against most major peers
10/14/2016
World Tax Advisor - Deloitte
Connecting you globally.
10/14/2016
Leading global law firm Strikes Alliance in Shanghai
This move reflects the firm's growth strategy in Asia and the importance of the region to many of the firm's global clients.
10/14/2016
Offshore law firm expands global offering with BVI merger
The firm's BVI offering will include funds, corporate and dispute resolution work
10/13/2016
Multigenerational tax strategies can be an adviser differentiator
It can really differentiate you from the do-it-yourself firms.
10/13/2016
Milan Patel: What Does U.S. Election Mean for Swiss Bank Probe?
The DoJ still has Category 3 banks to finish, I don't believe all of those are done.
10/13/2016
Sonali fined £3.25m for control failings
The FCA found that Mr Smith failed to exercise due skill, care and diligence in managing the business of the firm
10/13/2016
Trustees warned over tax return requests
A quick check of the HMRC gateway system by trustees, or advisers to trustees, is usually enough to confirm if a trust is required to complete a tax return for any given tax year. For 2015/16 a little bit more work may be required.
10/13/2016
Deutsche Bank Fined by SEC Over Failure to Guard Research
Deutsche Bank also published an improper research report and failed to properly preserve and provide certain electronic records sought by the SEC during its investigation.
10/12/2016
Actor John Malkovich Wins Libel Suit Over False Tax Story, As FATCA Dislosures Continue
Le Monde falsely wrote that Malkovich had an account with HSBC’s Swiss private banking arm
10/12/2016
The flip side series: Exploring the positive side of risk
Learn how viewing risk through a different lens can help you spot value-creating opportunities where risk powers performance.
10/12/2016
New edition of Jersey insolvency and Asset Tracking just published
There are also comprehensive commentaries on guarantees, reciprocal enforcement of judgments, insolvent trusts, foundations and taking security.
10/11/2016
EU Commission approves liquidity support for Greece's Attica Bank
The EU Commission said the state guarantee feature of the bonds was in line with EU state aid rules.
10/11/2016
Switzerland's Office of the Attorney General - Falcon Private Bank
FINMA ordered Falcon to turn over 2.5 million Swiss francs in what it said were illegal profits after finding breaches in money laundering regulations in connection with Malaysian sovereign fund 1MDB.