01/14/2014
HM Treasury intends to make an amending statutory instrument to this effect in early 2014 but in the meantime, all transitional AIFMs are encouraged to make their applications for authorisation or registration as soon as possible.
01/14/2014
The regulator currently separates advisers into two fee blocks, A12 and A13, depending on whether or not they hold client money.
01/13/2014
Leumi said it is aware of an investigation being conducted by the German authorities
01/13/2014
Revenue clampdown on offshore trusts pays off
HMRC stepped up its attack on banks and other businesses that paid salaries and bonuses through trusts, ratcheting up an extra compliance bill for the 770 companies in the large business sector by 160 per cent to £533m in the year to April 2013.
01/10/2014
International law firm Adds Veteran Tax Controversy Partners
The international law firm have announced that two partners with deep experience in tax controversy, criminal tax law and tax litigation have joined the firm from Hass & Hecht.
01/10/2014
After Cyprus, Switzerland is next on India's black money hit list
01/10/2014
He is widely recognized as one of the foremost estate planning and business succession planning attorneys in the United States.
01/10/2014
The Princess faces tax fraud and money laundering charges.
01/09/2014
Swiss Court Blocks Julius Baer Client Data Transfer to U.S.
Switzerland’s largest federal court told the nation’s tax authority not to disclose data about the bank account of a client of Julius Baer Group Ltd. to the U.S., after the Internal Revenue Service made an invalid request.
01/09/2014
Following this market abuse investigation, financial regulators in both the UK and US have reported more instances of tip-offs relating to potential illegal behaviours within the industry.
01/08/2014
In May 2013, HM Revenue & Customs (“HMRC”) published a consultation document looking at various aspects of partnership taxation.
01/08/2014
Commerzbank AG must pay bonuses to 10 bankers in Singapore at its now-defunct Dresdner unit, who claimed the lender breached their contracts by refusing to pay, a judicial official ruled.
01/08/2014
RBS is said to be among nine banks being investigated for selling subprime mortgages
01/07/2014
He is the highest-ranking banker charged in a U.S. crackdown on offshore tax evasion
01/07/2014
It has been long settled in US tax law that the grant of a profits interest in a partnership is not a taxable event to the party receiving the interest.
01/07/2014
This revelation comes at a time when data and employee privacy issues, often triggered by investigations, are dominating the headlines and major corporations are facing increased regulatory scrutiny around anti-bribery and corruption legislation
01/07/2014
After a lengthy investigation, Palma de Mallorca Examining Magistrate Jose Castro said in a 200-page ruling there was evidence that Cristina, 48, had committed crimes and summoned her to appear in court on March 8.
01/07/2014
A former top executive with Swiss bank UBS has pleaded not guilty to U.S. fraud conspiracy charges stemming from a broad federal tax evasion investigation.
01/07/2014
The national government will amend the way it calculates personal wealth tax and will use the market value of properties rather than their declared fiscal value, the head of the AFIP tax bureau Ricardo Echegaray revealed yesterday.
01/06/2014
Last year we offered our 13 regulatory reform predictions for 2013 and correctly predicted a year of intense rulemaking.