04/06/2016
Forget Panama: it's easier to hide your money in the US than almost anywhere
The term tax haven may evoke images of exotic locales, but Panama actually ranks as the 13th most attractive spot for hiding assets, while the US ranks third
Legal,Regulation,Tax & Compliance
04/05/2016
India's Rich And Famous Named In Panama Papers
The list boasts a touch of Bollywood glamour with veteran actor Amitabh Bachchan and his daughter-in-law Aishwarya Rai Bachchan, a former Miss World featuring on it.
04/05/2016
Apple’s tax affairs spark a transatlantic face-off
Washington calls foul over the EU inquiry — amid anger over a $1tn offshore cash pile
04/05/2016
Apple’s tax affairs spark a transatlantic face-off
Washington calls foul over the EU inquiry — amid anger over a $1tn offshore cash pile
04/05/2016
Ogier advises Palamon Capital Partners on sale of Towry to Tilney Bestinvest
Raulin Amy said: “We are delighted once again to help long standing client Palamon with their restructuring and on the successful sale of Towry.”
04/04/2016
Big Banks Aided Firm At Center Of International Bribery Scandal
Unaoil relied on both banks as it cut deals with corrupt regimes.
04/04/2016
Sweden's Nordea bank in global tax haven tangle
In total, around 400 Swedes are named in the ICIJ's report.
04/03/2016
Rising tax revenues are key to economic development in African countries - OECD
Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa.
04/01/2016
Bring Swiss Funds Home, Greece Says With Partial Amnesty Offer
The legislation would scrap fines and some surcharges for such disclosures.
04/01/2016
Bermuda introduces Director Information Register
Bermuda has introduced amendments to the Companies Act 1981 (Act) in order to maintain compliance with current Financial Action Task Force (FATF) requirements.
04/01/2016
Global regulators move closer to regulating fintech
The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.
04/01/2016
Protocol To Franco-Swiss DTA Enters Into Force
The protocol will also enable Switzerland to respond to group requests from France.
03/31/2016
Offshore trusts not just for tax cheats
Establishing a foundation is not necessarily aimed at cheating the tax man, Rebecca Waterhouse says.
03/31/2016
Further changes to the BVI Business Companies Act, 2004 come into effect April 1st 2016 - Walkers
The driver behind these changes is the BVI Government's commitment to ensuring that the BVI is in compliance with the transparency requirements of the Financial Action Task Force
03/29/2016
Harvard Law and Princeton educated banker accused of masterminding $95million fraud scheme - and losing it all
Partner in PJT Partners allegedly scammed clients into fake investment that he created and made up web domain and emails to support
03/29/2016
Rules to recoup US bank bonuses need tightening
It makes sense to extend ‘clawback’ periods for as long as 10 years
03/29/2016
Taxing business
The Group of 77 developing countries, led by India and China, wants to turn the committee into a more muscular inter-governmental agency that would have a voice in setting tax rules
03/29/2016
Finra Deals UBS $470,000 Fine Over Puerto Rico Bonds
The award is the latest in a string of claims ruled in favor of investors against UBS
03/28/2016
Russian investor, funds settle U.S. press release hacking case
Seven Defendants Agree to Pay Nearly $18 Million in Hacked News Release Scheme
03/28/2016
OECD releases BEPS consultation document on the treaty entitlement of non-CIV funds
Responses are invited to the questions included in a consultation document on issues and suggestions on the tax treaty entitlement of non-CIV (Collective Investment Vehicle) funds.