11/24/2015
As within other areas of the regulation, the European Union wants to further strengthen the fight against money laundering and terrorist financing (AML/TF), to ensure the soundness, integrity and stability of credit and financial institutions, and to ensu
11/23/2015
The EU Parliament’s resolution also called for information on beneficial ownership of companies
11/23/2015
The governments of Malta and the Caribbean island of Caraçao have signed a treaty, which both sides say will prevent tax evasion and the double taxation of companies operating in both jurisdictions.
11/23/2015
Is there a difference in attitude between active and passive investment?
11/23/2015
The products were sold by advisory firm Kingsbridge Asset Management, which built its business through managing the financial affairs of stars from the football world.
11/23/2015
Money laundering is the process of disguising the origins of money obtained from crime and corruption by hiding it within legitimate economic activities.
11/23/2015
Switzerland has proposed easing bank-secrecy laws, allowing for more cooperation with foreign tax agencies—even where stolen information is involved
11/20/2015
It's often assumed that financial planning for high-net-worth individuals is all about sophisticated investments and complex strategies that are either too expensive or otherwise off-limits to the general public.
11/20/2015
These banks will collectively pay penalties totaling more than $81 million and continue to cooperate with the department.
11/19/2015
The arm of the UK Government is likely to extend into offshore trusts where they contain UK tax paying beneficiaries. Whether or not this information will be linked at an EU level remains to be seen
11/19/2015
Additional Fine Brings Overall Barclays Foreign Exchange NYDFS Penalty to $635 Million
11/19/2015
Under the program, banks also must provide detailed information on the accounts of U.S. taxpayers under investigation.
11/18/2015
Astleford has more than 25 years’ experience in advising fund managers, banks, brokers and corporates and is co-chair of the firm’s global financial services group and head of the group in Europe.
11/18/2015
The Financial Conduct Authority (FCA) has set out the areas it will focus on in its market study into competition in the asset management industry.
11/18/2015
Expected to launch in 2016
11/18/2015
The rules are expected, among other things, to dictate when banks can take prior years' bonuses back from bankers, for example if the employee engaged in fraud.
11/17/2015
The taxman has doubled the army of inspectors trawling through the tax files of those earning £150,000 or more
11/17/2015
Additional tax inspectors at HMRC will be expected to pay for themselves many times over.
11/16/2015
Gianpaolo Tarantini and Sabina Began, "Queen Bee" of Berlusconi's female entourage, accused of recruiting 26 showgirls to attend parties at the then prime minister's homes in Rome and Milan
11/16/2015
Yves Bouvier, a Singapore PR, will now be tried for fraud and complicity in money laundering