04/23/2021
The information to be exchanged relates to the identity, activities, and ownership chain of entities that are noncompliant with substance requirements or that engage in “high-risk” activities, such as activities relating to intellectual proper
04/23/2021
The authority said such "enforcement proceedings" against financial institutions typically take months, depending on the complexity of the matter.
04/22/2021
But Aldi’s Cuthbert is seemingly taking his battle straight to the court of public opinion, by launching a public relations campaign showing some real caterpillar chutzpah.
04/22/2021
The Bern-based regulator confirmed that it opened an investigation last month into Credit Suisse's involvement with insolvent Greensill.
04/22/2021
LTX's patented RFX digital trading protocol powers historic corporate bond trade initiated by AllianceBernstein to maximize liquidity, efficiency and execution
04/22/2021
A third path will enable a PIF to be created as a bespoke private wealth structure requiring a family relationship between investors.
04/21/2021
The offshore financial interests of millions of Britons have been handed to HMRC since 2018
04/21/2021
The current resurgence in SPAC activity started in 2012 and, after initially seeing steady year on year growth, SPAC use suddenly rocketed in late 2019. Since then, growth has been almost exponential.
04/20/2021
While some may forecast a negative impact on the art market as collectors may have less cash in their pockets available for discretionary purchases (like art), we do not think this tax change spells all doom and gloom.
04/20/2021
Zurich-based UBS settled a discrimination and harassment lawsuit with a former graduate of its investment bank in London ten months ago.
04/20/2021
The Inland Revenue (Amendment) (Miscellaneous Provisions) Bill 2021 proposes to allow a tax deduction for foreign taxes on non-interest income that were charged on a gross income basis and to allow a non-Hong Kong resident to claim a deduction for foreign
04/20/2021
There are a number of questions that the well-advised owner of a yacht should be asking themselves when it comes to taxation, the fundamental of which is simply to consider how much they are being told about the taxes relating to what they are doing.
04/20/2021
Post the financial crisis in 2008 you will remember that the FSA effectively brought in a "two week holiday rule".
04/20/2021
Turkey’s vibrant ecosystem took a hit from the new crypto payments ban, and industry participants speak out on potential implications.
04/20/2021
The wealthy are facing a rise in taxes. Charitable donations are a way to reduce exposure while giving back.
04/20/2021
‘No fee means no business, surely?’
04/20/2021
Its other offerings serve wealth managers, retail brokers, custodians, and margin lenders, officials say.
04/19/2021
This whitepaper sets out to uncover the impact of Brexit upon the UK’s AML laws and what these changes mean for regulated businesses in the UK.
04/19/2021
ABN AMRO will continue to make every effort to fulfil its role as gatekeeper.
04/19/2021
Credit Suisse is grappling with the fallout from the $10.1 billion shutdown of Greensill supply chain finance funds and a $4.7 billion loss booked from the downfall of Bill Hwang’s hedge fund-style family office Archegos.