06/05/2014
The former Leeds United chief David Haigh has been accused of financial mismanagement to the amount of $5m by Gulf Finance House Capital, his previous employers and majority owners of the club until April this year.
06/05/2014
The Financial Industry Regulatory Authority today announced it has censured and fined Barclays Capital Inc.; Goldman, Sachs & Co.; and Merrill Lynch, Pierce, Fenner & Smith, Inc., $1 million each for failing to provide complete and accurate infor
06/05/2014
A federal judge on Tuesday granted a request to delay a lawsuit by the Securities and Exchange Commission against Great Neck native and hedge fund owner Steven Cohen, according to published reports.
06/04/2014
2,000 funds now have access to compliance and reporting services through SS&C GlobeOp’s Regulatory Solutions Group
06/04/2014
The firm has significantly expanded its team to 11 lawyers, making it the largest offshore law firm by some distance in Singapore.
06/04/2014
He argued at trial that managers at Zurich-based UBS pushed him to take too many risks and that rule-breaking at the bank was rampant
06/03/2014
Labour and consumption are heavily taxed, while wealth is taxed lower than in other Western European countries
06/03/2014
Russian anti-offshore initiatives: Updated Draft Law on Controlled Foreign Company rules and other measures
On the 18th of March the Russian Ministry of Finance published a draft law on anti-offshore measures.
06/03/2014
Legislation drafted by the European parliament set to come into force in the next few years
06/03/2014
Her arrival observes a strategic bridge to an offering that is already firmly focused on serving private equity investors and corporates, as well as tax planning, corporate and litigation services for wealthy families and entrepreneurs.
06/02/2014
Swiss banks under investigation for allegedly aiding U.S. tax evasion face the prospect of bigger fines than they bargained for that could dent their capital and force some to cut dividends.
06/02/2014
UBS Belgium, the bank’s local arm, helped to organize the transfer of large amounts of money to Switzerland
06/02/2014
The Lawyer Awards 2014 Shortlist: Private Wealth Team of the Year
In our first in-depth look at our awards shortlisters, the private wealth contenders show how they have shined in the face of globalisation and tougher legislation
06/02/2014
The government is aiming to support social investment by providing valuable tax reliefs to individual investors (SITR).
06/02/2014
The Investor visa has been in existence for about 20 years. It allows a person who can show liquid wealth of at least £1m to apply for the right for themselves, and their dependant family members, to live in the UK.
06/02/2014
In several recent cases concerning Russian and CIS nationals, people have been held in contempt of court for failing to disclose information about their assets. In this article we look at two recent cases where the English Court’s remit stretched fa
06/02/2014
This was required under an agreement between the UK and Switzerland, which sought a middle ground on respecting Switzerland's banking privacy laws.
05/30/2014
There has been remarkable progress in the fight against tax evasion and corporate avoidance in the past eighteen months.
05/30/2014
The bank’s new global financial crime group will now take on all financial crime work, which will be split off from the rest of the litigation function as well as bribery and corruption and money-laundering matters.
05/29/2014
Deutsche Bank, Former Executives Sue Each Other Over Move
The hirings violated a non-solicitation agreement and previous settlement over HPM’s recruitment