Legal Archives - Page 147 of 212

MPs braced for battle with global accounting firm over naming wealthy Canadians behind offshore tax shelters

May 20, 2021

Global accounting firms have mostly managed to keep their clients' names secret by arguing that their codes of conduct prevent them from publicly naming the multimillionaires behind the shell companies they helped to set up.

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Swiss Trader Accused of Laundering Mafia Money With Diamonds

May 20, 2021

The case dubbed “Cambio Veloce” -- Italian for Quick Exchange -- by prosecutors has been run out of Lugano, an Italian-speaking financial hub in Switzerland.

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Carey Olsen retains best offshore law firm title at WealthBriefing European Awards

May 20, 2021

Winning this award for the second successive year is testament to the hard work of our teams

Legal

Credit Suisse Dealmakers Leave in Droves

May 19, 2021

Archegos' bankruptcy prompted Credit Suisse to lose 5 billion Swiss francs ($5.5 billion) to date, hitting it harder than other banks.

Legal

Andrea Orcel Drops Part of Suit Against Santander

May 19, 2021

Orcel, who ran UBS' investment bank for six years, isn't backing down, but he is dropping the part of his claim demanding Santander make good on the job offer.

Legal

Snapshot: bearer share companies in the British Virgin Islands

May 19, 2021

Regulatory reforms to improve corporate transparency and crackdown on white collar crime prompted most offshore jurisdictions to reform their bearer share regimes.

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IQ-EQ receives regulatory approval to acquire Concord Trust Company

May 19, 2021

This strategic transaction is the first for IQ-EQ in the U.S. Private Wealth trust space, and a signifier of IQ-EQ’s future intent within the U.S. Private Wealth market.

Legal

Former Coutts employee jailed for his part in £1.2m scam

May 18, 2021

Private bank worker passed on customers’ security details to organised crime gang

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Global life insurer admits it helped US citizens hide $1.45bn

May 18, 2021

Swiss Life Holding AG, Swiss Life (Liechtenstein) AG, Swiss Life (Singapore) Pte. Ltd., and Swiss Life (Luxembourg) S.A. Enter into Deferred Prosecution Agreement for Criminal Misconduct; Agree to Collectively Pay More than $77 Million

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