04/09/2013
KPMG fires partner for allegedly giving private client information to a third party
The company said that the partner violated its policies and betrayed the trust of clients and colleagues.
04/09/2013
The agreements were based, in part, on the principles of the Foreign Account Tax Compliant Act.
04/09/2013
The Appleby team was led by Jeffrey Kirk, the banking and asset finance team leader in Appleby’s Hong Kong office and assisted by Associate, Vincent Chan.
04/09/2013
As of today, 95% of the class actions worldwide are still triggered in the US and Canada, yet this market practice is progressively expanding in a number of European markets, as well as in Asia.
04/09/2013
Julius Baer Chairman Sees ‘Painful Adjustments’ Over Tax Efforts
It will undoubtedly lead to a few painful adjustments
04/09/2013
He succeeds Peter Cashin, who left his in-house role to join insurance firm Kennedys as a partner in Hong Kong.
04/08/2013
His conviction is one of the few in Hong Kong for money laundering, despite the city's reputation as a hub in money transfers, both legal and illegal, carried out by wealthy Chinese.
04/08/2013
Switzerland, the world’s largest center for offshore wealth, is trying to shed its image as a haven for undeclared funds amid scrutiny from U.S. and European governments.
04/08/2013
The European Commission said Frieden's comments, made to a German newspaper, were a step in the right direction and that the ball was now in Austria's court.
04/07/2013
The full impact of the tax on financial transactions imposed by the European Union can be revealed today as two major studies uncover the costs to economic growth and business expansion.
04/07/2013
He is accused of distorting the value of mortgage securities in 2007.
04/07/2013
Luxembourg is known for its highly secretive banking sector
04/07/2013
German clients of two leading Swiss banks have been warned that they must either produce evidence of having paid their taxes
04/07/2013
A few months later Cahuzac changed the account into his name during a visit to Geneva
04/04/2013
She sued her billionaire ex, his companies and his brother in December 2009, claiming they used fraud to hide millions from her during the divorce and made a lot of his money from inside trading.
04/04/2013
Lehman Brothers emerged from bankruptcy a year ago but it is still working to resolve several outstanding legal battles
04/04/2013
We assume and would welcome if the relevant documents are sent to the competent tax authorities
04/04/2013
Regulators are overhauling the rules after the widespread use of the technique in the U.S. mortgage market contributed to the financial crisis by spreading risk from lenders to the so- called shadow banking sector.
04/03/2013
The CFTC accused Taylor of fabricating trades to conceal a huge, unauthorised position in e-mini Standard & Poor's futures contracts, which bet on the direction of the S&P 500 index.
04/02/2013
Intellectual property has become a key driver of economic growth globally.