07/26/2018
South African football agent’s £1.2m tax avoidance own goal
The scheme involved investments in the recruitment and training of young footballers
Legal,Regulation,Tax & Compliance
07/26/2018
Appleby named as a 'leading firm' in the Chambers Global HNW Guide
Appleby's highly regarded Private Client & Trusts group provides trust and foundation services to high net worth individuals, families, and fiduciary companies.
07/26/2018
MLD V and its implactions for Wealth Managers
This is likely to increase compliance costs
07/26/2018
Fintechs spreading across the globe: Seeking innovation beyond the US market
Fintechs are gaining traction in terms of headquarters locations and investments in a vast array of cities around the globe. How do financial services firms stay on top of this rapidly shifting landscape?
07/26/2018
Fighting Tax Dodgers Can Kill Economic Growth
Shut out of their favorite havens, companies reduce investment and cut jobs
07/25/2018
Angola’s sovereign wealth fund and Quantum square off
Angola's new government seeks to sever ties with Quantum Global, a Swiss firm with ties to the Dos Santos dynasty
07/24/2018
Appleby Lawyers among Private Client Global Elite
They have been recognised for their contributions and expertise in advising trustees and ultra-high net worth individuals on the establishment, restructuring and administration of trusts
07/24/2018
Failed Columna fund targeted by financial investigator
Switzerland-based financial investigator David Mapley has launched a campaign to seek the return of $400,000 (£307,092, €343,963) for a client who invested in the failed Columna Commodities fund.
07/24/2018
Funds and insurance collide in the development of single ILS structures
A panel debate at ILS Insight also heard about increasing investors demands for transparency.
07/24/2018
Guernsey Receives Top Marks For Transparency From OECD's Global Forum
Confirmation from the OECD that Guernsey is Compliant matches the ratings of the other Crown Dependencies.
07/24/2018
OECD updates criteria for blacklisting non-transparent financial centres
In order for a jurisdiction to be considered satisfactory, it will have to meet at least two of the above three criteria.
07/23/2018
U.S. Censures UBS Over Its Anti-Money Laundering Systems
All Cease and Desist Orders, Civil Money Penalty Orders, and Removal/Prohibition Orders are issued with the consent of the parties, unless otherwise indicated as a Decision and Order issued by the Comptroller of the Currency.
07/23/2018
Moore Stephens highlights tech firm priorities
Our fifth annual owner managed business (OMB) report reveals remarkable resilience, with many OMBs performing better than expected last year.
07/22/2018
Finma finds Rothschild Bank in 'serious breach' of AML rules
FINMA will appoint an audit agent to review enhancements already put in place by the institutions.
07/22/2018
Anti-money laundering crackdown should be more focused on most suspicious activity – Law Commission
Money laundering is estimated to cost every household in the UK £255 a year and allows criminals to profit from their crimes.
07/22/2018
The Advantages of Listing Securities in the Channel Islands
TISE enjoys the support of a growing number of prestigious local and international organisations.
07/22/2018
Fugitive Malaysian businessman Jho Low still involved in affairs of his Hong Kong companies
Low, a key figure in 1MDB investigation, signed documents for private equity firm Jynwel Capital and non-profit group Jynwel Charitable Foundation this month.
07/20/2018
Tax agency goes after South African billionaire
I will be taking legal advice on whatever is misleading
07/20/2018
HSBC fined $1.2m in Hong Kong for 'systemic deficiencies' in bond sales
SFC reprimands and fines HSBC Broking Securities (Asia) Limited $9.6 million
07/19/2018
Keeping it real: The EU Council’s substance requirements by Ashley Fife, Appleby
Numerous other “offshore financial centres” face an end-of-year deadline to avoid being placed on the European Union Council list of non-cooperative jurisdictions for tax purposes.