08/22/2016
Former Falcon Bank chairman arrested in 1MDB probe
Investigators are looking into alleged fraud related to a Malaysian fund
Legal,Regulation,Tax & Compliance
08/22/2016
Gordon Ramsey’s business partner gets jail time for tax evasion scheme
The fact that you are a wealthy and successful businessman should not exclude you from a custodial sentence.
08/22/2016
Jersey begins sweeping review and revamp of funds regulation - Appleby
In the first step of a radical overhaul and rationalisation programme for Jersey fund regulation, on 1 August 2016 the Jersey Financial Services Commission (JFSC) and the States of Jersey (Government) issued a joint consultation on proposals for substanti
08/22/2016
Too big to fail still too big a problem for banks
The guidance has been drafted based on responses to a consultation which was launched last November.
08/22/2016
Saudi Envoy’s Lost Millions Show Shell Company Risk, Judge Says
The administrator of Mansouri’s estate sought information about the transfers from two London investment firms, Acropolis Capital Partners Ltd. and Acropolis Capital Management Ltd., that refused to provide records.
08/19/2016
Deutsche Bank whistleblower rejects award because SEC 'went easy' on execs
We brought all of the charges supported by the evidence and the law, which were unanimously approved by the Commission.
08/19/2016
Comment: The Truth about Pre-Nups
Pre-Nups are already common in the US and in Europe, and their popularity in Asia is growing.
08/19/2016
Israel’s FIBI Bank Tightens Terms for Diamond Trade
It is not possible for a unilateral decision to be passed without a battle.
08/18/2016
Steve Meiklejohn keynote speech at Jersey Finance's Annual Private Wealth Conference 2016
Steve Meiklejohn, Partner, Ogier, presented a keynote speech at Jersey Finance's Annual Private Wealth Conference on Wednesday 27 April 2016.
08/18/2016
Top tips to mitigate IHT - Tilney Bestinvest Group
Whole-of-life policies differ from many others as they never run out, whereas many of their counter parts are limited to a set time-frame.
08/18/2016
Singapore files more charges, sets trial dates for ex-BSI banker
Malaysian state investment company 1MDB is at the centre of several international investigations into alleged corruption and money laundering by public officials.
08/18/2016
City lawyer who rowed for England 'lifted woman's skirt to slap her bottom and tipped beer over her as he called her an 'Australian slut'
He previously worked for Coutts private bank.
08/17/2016
Steven Cohen Barred From Commodities Until 2018
He wasn't fined under the agreement, and neither admitted nor denied the SEC's allegations.
08/17/2016
Does Brexit matter for the corporate jet owners and lessors in Asia? - Mourant Ozannes
As the UK’s exit negotiations unfold in the months and years to come, it is vital for those in the Asian corporate jet industry to continue to monitor and assess the evolving impact of UK’s exit from the EU.
08/16/2016
Swiss HSBC account holders bent on cross-examining persons who shared their information with India
Several HSBC accountholders in their appeals to challenge the claims of the tax department have underscored the right to cross-examine.
08/16/2016
We now know who blew the whistle on Visium Asset Management
A former trader at the firm, Jason Thorell, approached the government, according to a Bloomberg News report out Monday morning.
08/16/2016
Swiss Probe Ex-Abu Dhabi Official over 1MDB
This represents a widening of a global investigation into 1MDB and allegations that billions in state funds were siphoned off for private use.
08/16/2016
Compliance concerns drive more hedge fund business decisions
Survey findings suggest that hedge fund managers overwhelmingly expect increases in compliance spending to continue over the next two years.
08/15/2016
Jakarta plans tax haven on two islands near Singapore
Bintan, Rempang earmarked to draw funds that may otherwise be kept outside Indonesia, says senior minister
08/15/2016
JFSC signs MoU with Liechtenstein’s Financial Market Authority
The JFSC has MoUs (either on a bilateral or multilateral basis) with regulators in over 90 countries.