02/05/2013
Italy Joins Global Tax Evasion Crackdown
The Italian government has announced a major drive to clampdown on taxpayers who hide their assets offshore
Legal,Regulation,Tax & Compliance
02/05/2013
CFTC Orders The Royal Bank of Scotland plc and RBS Securities Japan Limited to Pay $325 Million Penalty
With this Order, the CFTC has now imposed penalties of more than $1.2 billion on banks for manipulative conduct with respect to LIBOR and other benchmark interest rates
02/05/2013
HK regulator bans ex-Merrill Lynch Asia employee
The District Court found that, between September 2007 and February 2008, Hsu dishonestly effected a number of unauthorized transactions, fund transfers and loan draw downs in customer accounts that she handled during her employment with Merrill Lynch.
02/05/2013
Final FATCA Regulations Released - Withers
The US Treasury Department has now released the long-anticipated final FATCA regulations, which build upon the foundation of the proposed regulations but contain some significant additions and modifications.
02/04/2013
Darrois Villey trio joins French boutique trend
Villey said the trio had been considering the move for some time
02/04/2013
Iceland Indicts Ex-Glitnir Bank Boss for Tax Evasion
He failed to declare capital-gains income, interest income and the proceeds of dividends, or 199 million kronur ($1.6 million) for the 2006 to 2008 tax years
02/04/2013
Iceland Indicts Ex-Glitnir Bank Boss Armannsson for Tax Evasion
Armannsson failed to declare capital-gains income
02/04/2013
Financial crisis fallout: Justice Department set to charge S&P
The suit, which could be filed as early as this week, would allege that S&P fraudulently rated mortgage bonds
02/03/2013
Tax Evasion Wiping Out Greek Real Estate Market
The Greek news agency ASNA reported that economic analysts blame the government for letting tax evaders escape
02/03/2013
Swiss tax haven is over
International tax services, apart from the American, will be able to collect data relevant from January 1, 2013.
02/02/2013
HJA expands private client team
He is highly experienced in all areas of private client work – including wills, estate administration, trusts, Court of Protection and tax planning. He is a member of the Society of Trust and Estate Practitioners.
01/31/2013
UANI Calls on London Bullion Market Association and Istanbul Gold Exchange to Take Action to Stop Iran’s Trade for Turkish Gold
The trade of Turkish gold for Iranian crude oil is enabling the Iranian regime to evade sanctions
01/31/2013
IMA: UK is leading the way on Fatca
Looking ahead, tax evasion is likely to be given increased prominence by most governments
01/31/2013
Cantor & Webb P.A. Shortlisted for Prestigious Industry Award
The PAM Awards are designed for investment professionals, wealth advisors and legal advisors operating within the private asset management and/or legal industry.
01/31/2013
£5.2bn 'lost yearly in tax evasion
The charity claims tax dodgers are costing the UK nearly £200 per household at a time
01/31/2013
U.S. Is Preparing More Tax-Evasion Cases
The U.S. is expanding its crackdown of offshore tax evasion
01/29/2013
UK Gets £340m from Swiss Government on Tax Evasion Deal
The country has been under pressure from the US, UK and Germany to clean up its private banking system for the past few years.
01/29/2013
US pushes for criminal charges for RBS over Libor
The financial penalty is expected to be around £500m, the report said, with the settlement coming within weeks.
01/28/2013
UBS Told by U.S. Judge to Give IRS Data on Wegelin
Those records will allow U.S. authorities to determine who held assets at Wegelin
01/28/2013
Private Client Group transfers more than $1.2 billion in assets
Under the laws in place in 2012, an individual could transfer up to $5.12 million free of estate and gift tax