03/09/2015
Argentina demands HSBC repay $3.5bn in offshore funds
The head of Argentina's tax authority has demanded that HSBC repatriate $3.5bn in funds that it says HSBC helped its clients move offshore.
Legal,Regulation,Tax & Compliance
03/09/2015
HM Revenue & Customs ramping up tax avoidance crackdown with £1m fine
HM Revenue & Customs is ramping up its tax avoidance crackdown by forcing ‘high risk’ schemes to reveal to clients that they are being monitored by the taxman and issuing £1 million fines.
03/08/2015
Tory candidate revealed as ‘banking whistleblower’
A CONSERVATIVE parliamentary candidate fighting a west of Scotland seat is a “banking whistleblower” at the centre of a billion-dollar lawsuit between the Libyan government and one of the world’s largest investment banks
03/08/2015
A hedge fund reportedly fired a trader because he was IM'ing another trader at Steve Cohen's firm
He used to work at Sigma Capital Management, an SAC Capital subsidiary
03/06/2015
Brussels IV: finally, a solution for the skiing chalet and the villa in St Tropez - Withers
Many private client professionals will be wearily familiar with the problems where their UK clients own property in continental Europe.
03/06/2015
From black-list to white-list: latest developments - Withers
The Italian map of tax havens has changed. On 2 March 2015, the special window offered by Italian Law n. 186/2014 for the signature of exchange of information agreements was officially closed.
03/06/2015
Guernsey Treasury minister tells Labour to back off on tax
Guernsey's treasury minister has told the Labour Party not to "bash" the bailiwick on tax transparency.
03/05/2015
Global Information Exchange - Deloitte
2015 looks set to be another busy year for Financial Institutions globally, as they prepare for the imminent US FATCA reporting deadlines, compliance with the OECD Common Reporting Standard and Anti-money laundering sanctions.
03/05/2015
After happily ever after, who gets the golden eggs? Victoria Myerson, Partner | Head of Family Law, Appleby
Family businesses have been referred to in divorce cases as “the goose which lays the golden eggs”
03/05/2015
The Referral Power Of Divorce Attorneys
Affluent clients often need additional services during and post-divorce.
03/05/2015
DMS Offshore Investment Services Wins Another Award
"DMS is honored to be recognized again this year for the quality of our service to the global hedge fund industry," stated Anne Storie, CEO of DMS.
03/05/2015
England Ashes heroes among cricketers facing large bills for tax avoidance schemes
Her Majesty’s Revenue & Customs has sent demands to investors, including the former cricketers, in partnerships set up by the company Ingenious Media, which HMRC is challenging in the upper tax tribunal, claiming they constituted tax avoidance s
03/04/2015
Britain's elite still enjoying a tax break 100 years old
To qualify for that status, they simply need to show that their fathers were born outside Britain
03/04/2015
UBS Whistle-Blower Says Bank Has ‘Global’ Issue With Tax Evaders
The former UBS Group AG banker whose cooperation with the U.S. helped expose tax evasion by thousands of Americans says the Swiss bank used similar practices elsewhere and he’s eager to help European governments.
03/03/2015
Ogier welcomes Guernsey and Luxembourg’s Memorandum of Understanding
The new Memorandum of Understanding between Guernsey and Luxembourg reinforces the positioning of both locations as major fund locations
03/03/2015
FINMA publishes first enforcement report
673 preliminary investigations, 59 proceedings concluded, 479 assistance requests dealt with
03/03/2015
Monaco latest to ink accord with Italy to end bank secrecy
The principality of Monaco has signed an accord with Italy aimed at ending banking secrecy, days after Switzerland and Liechtenstein inked similar pledges to exchange financial information with Rome
03/03/2015
Bern and Canberra work towards tax agreement
Switzerland and Australia have signed a joint declaration on introducing the reciprocal automatic exchange of information in tax matters
03/03/2015
Deadline Dates for Automatic Exchange of Tax Information under FATCA and CRS - Maples and Calder
The Cayman Islands government, along with around 50 other countries, has also committed to the implementation of the OECD Standard for Automatic Exchange of Financial Account Information – Common Reporting Standard by the end of 2015.
03/02/2015
No wonder Nick Clegg has gone quiet on tax dodging: His wife's paid by law firm that helps rich avoid tax and his father is chairman of bank with ties to tax haven
'His failure to make more noise is odd' says prominent tax QC