03/04/2021
Cyprus to lift veil of secrecy with register of company owners
Experts predict some companies will shift jurisdiction rather than reveal their beneficial owners.
03/04/2021
Ex-banker Jaime Botin, 84, one of Spain's richest men, lost his appeal against paying the staggering amount, claiming he was taking the £22m artwork to Switzerland for safekeeping
03/03/2021
Many of these organizations may not realize that there are outsourcing solutions specifically tailored to their regulatory compliance needs.
03/03/2021
Examples of disruptions affecting ICT capabilities include, for example, cyber-attacks and other incidents, technological failures, as well as other malicious and non-malicious events.
03/03/2021
Hedge-Fund Manager Pays $105 Million New York Tax Settlement
The agreement over alleged efforts to evade taxes is the largest False Claims Act recovery in the state’s history
03/03/2021
These measures aim to bring international expertise to the emerging asset management industry and capital market in mainland China.
03/03/2021
THE Italian princess at the centre of a £100 million family wealth dispute spanning several jurisdictions has said she is ‘confident’ as she prepares to appeal against a ruling made by a Jersey court.
03/02/2021
Advisers will receive notifications of client reviews around three months before the ATO starts the review process.
03/02/2021
Ahead of chancellor Rishi Sunak’s first post-pandemic budget, we look at changes to the UK tax regime being considered by the government, and the practical steps investors might consider in the meantime
03/02/2021
Legislators and law enforcement agencies must ensure once and for all that companies are consistently held criminally accountable for misconduct.
03/02/2021
EBA Revises Guidelines on Money Laundering
The Guidelines are central to the EBA’s work to lead, coordinate and monitor the fight against money laundering and terrorist financing.
03/02/2021
GAM will ensure that all clients are treated fairly and is embarking on the process of returning their full investment to them in an orderly manner.
03/02/2021
The “no fault” divorce law, due to become effective by autumn, is aimed to limit some of the blame and hurt that marital splits often entail. But what are the other implications of the change?
03/01/2021
In their evaluation, the judging panel focused on the level of success and creativity in achieving both the business and artist's objectives, the history behind the partnership and how it has been successfully activated.
03/01/2021
The deft use of simplified proceedings legal proceedings cloaks investigations in secrecy, which means some of the largest financial and commodities scandals to play out in Switzerland never come to light.
03/01/2021
The reality is probably somewhere in the middle, but there are good reasons to believe that the idea of a Global Britain is not too fanciful.
02/28/2021
Many regtech projects are working out ways to automate the Know Your Customer and Anti-Money Laundering regulatory process.
02/27/2021
The FATF does not call for the application of enhanced due diligence measures to be applied to these jurisdictions, but encourages its members to take into account the information presented below in their risk analysis.
02/26/2021
White collar crimes like tax evasion, bribery and corruption are often hidden through complex legal structures and financial transactions facilitated by lawyers, notaries, accountants, financial institutions and other professional enablers.
02/26/2021
The dealer, Inigo Philbrick, is now facing U.S. fraud charges