11/12/2014
The G10 spot FX market is a systemically important financial market. At the heart of today’s action is our finding that the failings at these Banks undermine confidence in the UK financial system and put its integrity at risk.
11/12/2014
Foreign-exchange related investigations resolved with FINMA, CFTC, FCA
11/12/2014
Russia is aiming to clamp down on the use of foreign offshore tax shelters in a new tax policy as part of President Putin's "deoffshorisation" campaign which was launched in 2012.
11/12/2014
Russia is aiming to clamp down on the use of foreign offshore tax shelters in a new tax policy as part of President Putin's "deoffshorisation" campaign which was launched in 2012.
11/11/2014
PwC statement in response to media reports on tax advice in Luxembourg
The recent reports in the media on tax advice in Luxembourg co-ordinated by the International Consortium of Investigative Journalists (ICIJ) are based on partial, incomplete information dating back four years or more, which was illegally obtained.
11/11/2014
Wife and ‘Wolf of Wall Street’-like hubby quickly settle divorce
The divorce that shocked Wall Street– between a former Ralph Lauren event planner and her coke- and Ecstasy-loving, sex-crazed banker hubby– quickly settled late Monday before the couple was due to make a public appearance in court on Wednesda
11/10/2014
The women's brutal murders and the accusations against Jutting have touched a nerve, triggering criticism of privileged foreign workers in the city's famous finance industry.
11/10/2014
Impact of FATCA on Cayman Islands Entities
This publication provides a brief overview of the expected impact on entities incorporated in the Cayman Islands
11/10/2014
International law firm bolsters tax team with appointment of new London tax head
The firm has appointed established funds and real-estate tax lawyer Cathryn Vanderspar as the new head of its London tax team. Vanderspar joins the firm from Berwin Leighton Paisner, where she has been a tax partner for more than 16 years.
11/10/2014
However, these sanctions also extend to high-net-worth individuals (HNWIs) which invest in traditional and alternative fund vehicles.
11/10/2014
It said the interest rate derivatives activities, including on Euribor, of Swiss and other foreign banks were also under investigation.
11/07/2014
Israel probes ‘millions of euros’ hidden in Switzerland
“Large Swiss banks are managing accounts belonging to thousands of Israelis holding millions of euros,” the authority said in an emailed statement Wednesday. “The suspicion is that most of the money in the accounts hasn’t been repo
11/07/2014
Jersey Private Trust Companies
Private trust companies have been widely used in international structured finance transactions and are now used increasingly by high net-worth private clients.
11/07/2014
Brazilian Banks Cut Secret Deal with Luxembourg to Save $90.2M in Tax
These legal secret deals feature complex financial structures designed to create drastic tax reductions.
11/07/2014
Welcome to Luxembourg, where accountants outnumber the police by four to one
Grand Duchy advertises itself as ‘business-friendly’ haven amid leak showing it helped multinationals save millions in tax
11/07/2014
The United Kingdom has signed intergovernmental agreements (‘IGAs’) with its Crown Dependencies and Overseas Territories in order to improve compliance with UK tax laws, a regime often referred to as ‘UK FATCA’.
11/06/2014
Israel arrested 14 people, including a senior UBS investment adviser, as part of an investigation into Israelis allegedly holding undisclosed bank accounts with UBS worth hundreds of millions of euros
11/06/2014
. Almost on a daily basis hither to much loved pop stars and television personalities have been ‘ousted’ for investing in a tax avoidance scheme.
11/05/2014
Ex-UBS Wealth Boss Acquittal Brings Relief for Many Swiss Bankers
Many of Switzerland's private bankers breathed a sigh of relief at the acquittal of Raoul Weil, the former head of wealth management at UBS, on charges of helping wealthy Americans dodge taxes.
11/05/2014
Switzerland's First Tax Info Exchange Pacts To Take Effect
Switzerland's tax information exchange agreements (TIEAs) with Jersey, Guernsey, and the Isle of Man have entered into force and will be effective from January 1, 2015.