07/14/2015
DeVere conduct brought into question overseas
The DeVere Group Tokyo K.K. was added to the Japanese Financial Services Agency’s ‘cold calling’ investors alert list last week.
Legal,Regulation,Tax & Compliance
07/13/2015
Criminal Damages Case Dropped Against Billionaire's Wife
The wife of a billionaire entrepreneur has had a criminal damage case against her dropped due to lack of evidence.
07/13/2015
The Swiss Leaks
Bill Whitaker investigates the biggest leak in Swiss banking history and examines HSBC's business dealings with a collection of international outlaws
07/13/2015
$1 Million Reward Offered for Return of Ruby Slippers Stolen From Museum
Other ruby slippers worn by Judy Garland are in the Smithsonian Institution
07/12/2015
India, US sign FATCA to fight offshore tax evasion
Under the agreement, banks, mutual funds, insurance, pension and stock-broking firms will report their American client details to the tax department for sharing with the USA, said a finance ministry official, who declined to be named.
07/12/2015
Top Ten International Anti-Corruption Developments for June 2015
Weisman’s inconsistent testimony about his cooperation ultimately led to the somewhat unusual mid-trial guilty plea.
07/12/2015
Beanie Babies Billionaire Maker’s Probation Sentence Upheld in Tax Case
The district judge found Warner’s record of charity and benevolence ‘overwhelming
07/12/2015
Former FIFA Vice President Jeffrey Webb Agrees to Extradition to U.S.
Webb has been in Swiss custody but would be transported to the U.S. in the next 10 days
07/12/2015
Wealthy City investors sue finance firm Ingenious over film investments
Wealthy City investors are suing finance firm Ingenious along with banks Coutts and HSBC over the billion-pound film production schemes that Revenue & Customs has labelled tax avoidance vehicles.
07/12/2015
Linklaters appoints William Hague to chair its newly created International Advisory Group
Linklaters appoints William Hague to chair its newly created International Advisory Group - See more at: http://www.linklaters.com/News/LatestNews/2015/Pages/Linklaters-appoints-William-Hague-chair-newly-created-International-Advisory-Group.aspx#sthash.b
07/10/2015
House of Lords to grill ex-HSBC chairman in tax evasion row
Global bank’s Swiss operation helped wealthy customers evade tax during Stephen Green’s tenure
07/10/2015
Two Swiss Banks Settle With US Justice Department
Two more Swiss banks have agreed deals with the US Justice Department over tax evasion by Americans.
07/10/2015
Athens proposes tax amnesty on Swiss assets
We do not know the amounts
07/09/2015
Summer Budget 2015: what non-doms need to know
For non-UK domiciled clients, there are two key sets of changes.
07/09/2015
Morgan Lewis continues Global expansion
Morgan Lewis continues to expand its global structured transactions capability with the addition of three accomplished finance partners in London.
07/09/2015
Wragge Lawrence Graham merges with Canadian legal giant
Will have more than 1,400 lawyers and legal professionals operating from 18 locations across Canada, the UK, Europe, Asia and the Middle East.
07/09/2015
Former Sal. Oppenheim senior bankers found guilty of fraud
Sal. Oppenheim, founded in 1789, ran into trouble during the financial crisis and was eventually bought by Deutsche Bank
07/08/2015
UBS trader nicknamed Rainman tells court bosses knew of rigging
The former trader, who also worked at Citigroup, is the first person in the global Libor investigation to face trial.
07/08/2015
HMRC taskforce targets wealthy Northern Ireland tax evaders
HM Revenue & Customs has set up a new taskforce to tackle tax evasion by wealthy individuals in Northern Ireland, it emerged last week.
07/08/2015
Spain and Taxation: Busting the Myths
There are estimated to be 1 million Britons living in Spain, with UK expatriates making up the largest group of European foreign nationals.