02/06/2015
Wegelin Banker Facing U.S. Tax Charge Said to Be Arrested
A Swiss banker charged three years ago in New York with helping Americans evade taxes was arrested in Germany and faces extradition to the U.S.
Legal,Regulation,Tax & Compliance
02/05/2015
Ex-wealth manager back in news
He failed to attend two court appearances in December of 2014
02/05/2015
UBS Faces a New Tax-Evasion Probe
Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash
02/05/2015
Cyprus Citizenship By Investment The Most Attractive Program In Europe
Europe has long established itself as the most sought after region in terms of high net worth immigration, accounting for over half of the total number of global citizenship applications, with the Caribbean in second place, followed by North America in th
02/05/2015
Swiss Federal Council Adopts International Tax Report
Switzerland must overcome numerous challenges regarding international financial and tax matters
02/04/2015
Private-client specialist law firm in Singapore alliance
Singapore is without question the financial and legal centre of South East Asia and has the highest concentration of millionaire households in the world
02/03/2015
Guernsey Tax Bulletin - Deloitte
Welcome to the January 2015 edition of the Guernsey Tax Bulletin, which provides an update on recent local and international tax issues relevant to Guernsey businesses and individuals.
02/03/2015
UBS Bank Escapes From Class Action
A federal judge dismissed a class action claiming Swiss banking giant UBS made billions of dollars by improperly closing accounts of secret account-holders, including those of a former Indonesian vice president.
02/02/2015
Julius Baer CEO confident of resolving U.S. tax case in 2015
The head of Julius Baer said on Monday he was confident the Swiss bank would resolve this year a U.S. probe for allegedly helping wealthy Americans to evade taxes with hidden offshore accounts.
02/02/2015
Doctors, dentists and other middle class professionals targeted by the taxman as HMRC clamps down on 'mass affluent' tax dodgers
Many may have unwittingly underpaid their tax
01/30/2015
HSBC Still Aiding Tax Fraud Even After Justice Department Settlement
Justice Department officials have defended deferred prosecution agreements
01/30/2015
The former management of one of Europe’s biggest private banks has been found guilty of criminal breaches of trust
Three of the four men were told they could face prison sentences after being found guilty by Sabine Grobecker, presiding judge at Cologne regional court.
01/30/2015
Sport Capital sues GFH for £33m over failed Leeds takeover bid
The Sport Capital group - a consortium featuring ex-Leeds managing director David Haigh and Andrew Flowers, MD of United shirt sponsor Enterprise Insurance - spent almost three months attempting to push the buy-out through but saw the deal fall apart in J
01/30/2015
Liechtenstein declines to cooperate in ex-Catalan premier’s tax fraud case
Principality judge says no proof exists that money in Pujol’s alleged accounts is illegal
01/29/2015
Banks face expensive US tax ‘holding pattern’
The programme ground to a halt last autumn after a row over small print with the Department of Justice (DoJ).
01/28/2015
HSBC Said Ordered by Court to Share U.S. Data With Former Staff
The decision may have implications for thousands of bankers named in documents that U.S. authorities have received from wealth-management companies seeking to avoid prosecution.
01/28/2015
UBS Financial Services Accused of Trust Fraud
The suit says that UBS breached its fiduciary duty to the beneficiaries by mismanaging the trust’s assets.
01/28/2015
‘Absurd’ Mifid II bombshell could hit investment trust demand
The news that under MiFID II, the European Securities and Markets Authority intends to bring in additional requirements for the distribution of closed-end funds to retail investors, has been met with anger.
01/27/2015
Dentons to Merge With Dacheng of China to Create World’s Largest Law Firm
The multinational law firm Dentons announced on Tuesday that it would merge with the Dacheng Law Offices of China, creating a firm with the world’s largest number of lawyers.
01/27/2015
BNY Mellon May Face Bribery Charges Over Sovereign Wealth Funds: Filing
A case from the SEC would be the first to come from a long-running investigation into banks' dealings with sovereign wealth funds.