03/17/2014
Royal Bank of Canada among 16 big banks sued for allegedly rigging Libor
The civil lawsuit was filed Friday in federal court in Manhattan.
03/17/2014
How Gibraltar can unlock regulation concerns
EU domicile is key to supporting AIFMD regulation
03/17/2014
In her article, Stacy-Ann Maharaj discusses how financial institutions in Bermuda
03/17/2014
14 lawyers have also been ranked as leading foreign experts across six core practice areas, including Corporate/M&A, Dispute Resolution, Employment, International Private Client, Private Client and Tax.
03/17/2014
Jerome Kerviel’s quixotic quest for redemption has won him at least one convert.
03/17/2014
Portuguese firm sets up Swiss presence to target HNWI work
Cunha Barnabé said Switzerland is popular among Portuguese high-net worth individuals (HNWI) as a location for their assets.
03/17/2014
Leading international law firm continues global expansion with Singapore office
The head of Harneys’ banking and finance practice group, will relocate from Hong Kong to Singapore
03/17/2014
Weavering Founder Must Face Trial, Judge Rules
Accused hedge fund fraudster Magnus Peterson won’t be getting off on at least one technicality.
03/14/2014
$50K delivered to your door: a convenience of (illegal) offshore banking
The rich are not like the rest of us, and neither are their offshore bankers.
03/14/2014
Rogue bankers and their bosses will have to hand back bonuses up to six years after they have been paid, under tough new Bank of England proposals designed to curb City excesses.
03/14/2014
The looming implementation of the Foreign Account Tax Compliance Act (FATCA), a law designed as a tool to counteract tax evasion, is prompting a growing number US expatriates to look for tax efficient investment options.
03/13/2014
Bermuda signs MOU with German financial regulator - Appleby
With that signing, Bermuda has signed MOUs with 27 European member states
03/13/2014
In ‘Frustrating’ Tax Evasion Probe, DOJ Secures Plea
A former banker with Credit Suisse Group AG pleaded guilty today to conspiring to defraud the Internal Revenue Service and admitted that superiors knew of efforts to hide money for U.S. customers.
03/12/2014
The Financial Industry Regulatory Authority issued a new investor alert called Bitcoin: More than a Bit Risky to caution investors that buying and using digital currency such as Bitcoin carry risks.
03/12/2014
Treasury officials have admitted an agreement with Switzerland to open up its secret bank accounts for scrutiny is powerless in netting tax cheats who have already closed their accounts
03/12/2014
A former Credit Suisse banker surrendered to U.S. authorities Tuesday and plans to plead guilty to fraud charges
03/12/2014
Proposals by HM Revenue & Customs to group together similar tax avoidance cases have come under further fire from industry experts.
03/12/2014
Advisers should actively discuss the benefits of charitable giving as part of any tax mitigation strategy
03/11/2014
Recently, the U.S. Senate Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations held a hearing on the ongoing effort to collect unpaid taxes and penalties on offshore bank accounts.
03/11/2014
The office says the investigation since Feb. 2009 is completed and all of the assets remaining in Switzerland will be returned to fraud victims.