12/10/2020
What was missing from the Schrems II ruling was any practical guidance for organisations about how to adjust their international data transfers to this new landscape.
12/10/2020
The FCA has published a Final Notice fining a financial advice firm £107,200 for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.
12/09/2020
Protecting investors through a focus on end outcomes, managing innovation in payments, and ensuring digital operational resilience are of course high on the list.
12/09/2020
The request from the Internal Revenue Service (IRS) cited the Foreign Account Tax Compliance Act (Fatca) as the reason for compliance.
12/09/2020
He added: This could push thousands of households who may be asset but not cash rich, into debt. A family owning a detached house in Southern England with modest pension and ISA savings could easily be caught.”
12/09/2020
The revisions will create the most comprehensive and flexible suite of options of any private fund regime.
12/09/2020
LIBOR is an interest rate benchmark used in financial markets, which is being phased out. Andrew Hauser sets out what businesses and lenders need to do to be ready for transition.
12/08/2020
The private sector contributes 1 million Swiss francs ($1.12 million) towards the costs of the platform, spread over a period of five years, while the government contributes with know-how and staff.
12/08/2020
The Finance Act 2019 expanded the scope for taxing gains made by non-UK residents on UK property
12/08/2020
While Isabel dos Santos and her advisers face multiple investigations, accountability for the offshore industry remains elusive.
12/08/2020
BDO points out that in 2019 the US tax authorities over $120m (£90m) to whistleblowers, at an average of $664,000 (£500,000) per award, whilst collecting over $660m (£497m) of additional taxes.
12/08/2020
Most banks agreed to join this non-prosecution programme, but some did not, or were disqualified from doing so because they were already under criminal investigation.
12/08/2020
Ex-wife of billionaire Farkhad Akhmedov accuses their son of helping to hide assets in divorce battle
12/08/2020
Acrotec recently expanded its position as a trusted MedTech contract manufacturer leveraging its high-precision engineering capabilities to service a diversified base of global customers.
12/07/2020
Ultra-rich spenders’ credit card company that recruited former Labour minister Chris Cardona in litany of money laundering breaches
12/07/2020
Argentina has recorded close to 1.5 million infections and almost 40,000 deaths from the coronavirus.
12/07/2020
The incidents, disclosed in HMRC’s newly published annual report, are estimated to have affected 23,173 people in total and have been analysed by litigation practice Griffin Law.
12/07/2020
Most of the provisions will apply from 1 January 2021, although some provisions are applicable from the date of entry into force.
12/07/2020
The bank’s operations were shut down in 2018
12/07/2020
They said investigators were looking into funds deposited in at several Spanish bank accounts held by a Mexican business and a Spanish Air Force official, and whether they had been accessed by the former monarch.