06/01/2016
According to two sources familiar with the situation, the Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) sent letters to the banks in April.
06/01/2016
The sources did not disclose which banks were written to nor the names on the lists.
05/30/2016
The government did not say how much money it expected to collect with the plan.
05/30/2016
'It’s not the bureaucracy, it’s not the police, it’s not the politics but what is corrupt is the financial capital'
05/30/2016
We have identified substantial offshore shareholdings in Celtic, currently the nation's richest and most successful club.
05/30/2016
Mauritius is not a tax haven; it is a low-tax jurisdiction that also offers a low taxation platform for international business.
05/30/2016
Christie's, one of the world’s most recognized auction houses, offers everything from real estate to fine wines to upscale handbags. In April, one product up for bidding featured elephant ivory—and the company just got fined nearly $5,0
05/30/2016
Neymar's father last year said the constant harassment over his son's taxes could lead to the player's departure from Barcelona.
05/30/2016
These sovereign wealth funds were BSI’s largest and most profitable client group – and the fee income they generated was considerable
05/29/2016
In recent days, Sri Lanka, Zimbabwe and South Africa joined the growing list of countries hunting down tax evaders among citizens who own offshore accounts.
05/27/2016
The Tunisian assets are set to remain frozen until Jan 18, and the others, until February.
05/27/2016
It said that it had highlighted "many serious risks" since 2013
05/27/2016
They can also issue “bearer shares”, a legal instrument banned in most countries because of the ease with which they can be used for tax evasion and money laundering.
05/26/2016
Both countries have stepped up their cooperation on tax matters related to black money allegedly stashed by Indians there.
05/26/2016
Historically, giving a lawyer money to sue on someone else's behalf was considered illegal.
05/25/2016
Through the prosecution of the banks and the Swiss Bank Program, the DOJ has collected over US$5.6 billion.
05/25/2016
Regulator criticises banks for using rules as excuse to terminate accounts of individuals and businesses they perceive as risky
05/25/2016
The line between the legal and illegal establishment of offshore companies can be blurry, but it doesn’t mean it’s always wrong.
05/25/2016
Singapore closed BSI's local branch on Tuesday as part of a probe into 1Malaysia Development Bhd, a Malaysian fund that was a client of the bank.
05/25/2016
Jacques D’Estais also said BNP was closing a branch in the Cayman Islands.