11/18/2020
Federal Council approves FINMA's objectives
During this period, the supervisory authority will concentrate more on digitalisation, innovation and sustainability.
Legal,Regulation,Tax & Compliance
11/18/2020
Belgium’s biggest banks propose system to share suspected money laundering information
The proposal was made at a Belgian parliamentary hearing held in response to the FinCEN Files investigation.
11/18/2020
James Campbell the only Jersey lawyer elected to prestigious American College of Trusts and Estate Counsel
To qualify for membership, a lawyer must have no less than 10 years' experience in the active practice of probate and trust law or estate planning.
11/18/2020
Carey Olsen Bermuda announces continued growth and office move as it celebrates third anniversary
These new additions mark exceptional growth for the firm which opened its doors with only a single employee, managing partner
11/17/2020
Who’s Who Legal Recognizes Global Thought Leaders
In the area of Asset Recovery, Tara Archer-Glasgow is recognized amongst the foremost asset recovery lawyers and is ranked highly thanks to her market-leading expertise in the tracing and recovering of lost, misappropriated or stolen assets.
11/17/2020
FCA, PRA and HMT publish joint statement on implementation of prudential reforms in Financial Services Bill
The FCA has published an update to its webpage on business interruption (BI) insurance to include the Supreme Court appeal hearing timetable, as well as a hand out summarising the issues, facts, procedural chronology and counsel for the appeal.
11/17/2020
Weekly Tax Brief
HMRC’s announcement therefore prompted a concerned response from industry and representative bodies
11/16/2020
CRS and FATCA UPDATE
The CRS and FATCA Amendment Regulations 2020* amended the annual reporting deadline for CRS and FATCA to 31 July in each year.
11/16/2020
SEC Charges Five Firms With Improperly Selling Volatility-Linked ETPs
More than $3 Million to be Returned to Harmed Retail Investors as Part of Ongoing Risk-Based Initiative
11/16/2020
Former Wells Fargo CEO barred from industry, to pay $17.5 million for sales scandal
The SEC previously filed settled charges against Wells Fargo for engaging in the misconduct.
11/16/2020
SEC Awards Over $1.1 Million to Whistleblower for Independent Analysis
The SEC has awarded more than $720 million to 113 individuals since issuing its first award in 2012.
11/16/2020
Inclusion - more than a base-line for the global-conscious business
Within the corporate world, a steady focus on diversity and inclusion (D&I), manifested in policy, has become the norm.
11/16/2020
Brexit - 'No deal'? Where should my yacht or private aircraft be on New Year's Eve?
Although the return journey would involve a formal import of the yacht or aircraft in question, returned goods relief would usually be available on the return to London meaning that a person is not taxed on reimported goods into the EU, provided the condi
11/16/2020
Call for three-year ban on EY bidding on public contracts
Anti-corruption group claims ‘recurring professional misconduct’ should preclude auditor from future business
11/16/2020
JTC to Enter FTSE 250 Index
Headquartered in Jersey, JTC listed on the Main Market of the LSE in March 2018
11/16/2020
The Sentry: African Conflict Gold is Being Laundered in Dubai
The vast majority of such gold is first sold in the famous Dubai Gold Souk
11/15/2020
Back off black
Cayman is expected to remain a premier global tax-neutral financial hub.
11/13/2020
EU Exit: FCA speech on getting ready for new environment after end of transition period
ESMA has also published its third report on the use supervisory sanctions by NCAs under the Undertakings for Collective Investments in Transferrable Securities (UCITS) Directive.
11/13/2020
Tax on acquisitions in France
Special rules apply to transfers of shares in real estate companies.
11/13/2020
Appleby Lawyer Named Private Client Lawyer of the Year
Who’s Who Legal has been identifying the foremost legal practitioners and consulting experts in business law using comprehensive, independent research for over 20 years.