12/02/2020
HMRC targets individuals in latest offshore undeclared tax drive, says accountants Mercer & Hole
But this time around it is being more direct suggesting that it has information that could result in criminal offences or prosecution for individuals if they do not act.
12/02/2020
The agreement was signed by the US IRS’s Douglas O’Donnell and Monaco’s Minister of Finance and Economy, Jean Castellini.
12/02/2020
Blown the budget on a Ferrari? Bad news… it’s just a car
The trade mark Testarossa is registered in the EU for a broad specification of goods, covering motor cars and motor car parts.
12/02/2020
Finma adds Zug family office to warning list
Companies are added to the warning list by Finma because they have either not provided sufficient evidence to the regulator, or the evidence that they have provided is false.
12/02/2020
From the very beginning of a proposed transaction, both buyers and targets must consider which covenants should be added to protect the target’s goodwill and its other intangible assets.
12/01/2020
The timely measures pursued by the Committee at the start of the pandemic and the GHOS's agreement to revise the implementation timeline for outstanding Basel III standards added to the unprecedented range of fiscal and monetary support measures that
12/01/2020
EU market participants will be able to use benchmarks administered in a country outside the EU until the end of 2023.
12/01/2020
The Federal Council had decided in 2015 to adopt the new standard and initiate its implementation.
12/01/2020
Several British banks have confirmed that the accounts of investment or wealth management customers in France will close before 2021
12/01/2020
Companies listed on the Nasdaq Global Select Market and Nasdaq Global Market will be expected to have two diverse directors within four years of the SEC’s approval of the listing rule.
12/01/2020
While this still remains the case, there’s also been a shift due to the pandemic.
11/30/2020
The FCA has published the presentation slides from three forums which it convened to discuss the remedies under consideration in response to the findings of its General Insurance (GI) Pricing Practices Market Study (MS18/1).
11/30/2020
The bank is planning a coronavirus-induced overhaul of its business model, seeking to shift its main source of income from interest rate to fee-based businesses.
11/30/2020
SocGen Ordered to Return $150 Million of Allen Stanford Ponzi Cash
The Swiss decision marks an important victory in the Stanford liquidators’ battle to recover money the businessman stashed abroad.
11/30/2020
Swiss court orders full access to records for Vatican financial investigation
Vatican prosecutors have been working with Swiss authorities since filing letters rogatory in December last year.
11/30/2020
Those disclosing SARs need to be confident that, when filing them, their data will remain confidential. If not, then they need to have the right to a remedy against FinCEN.
11/30/2020
The list includes companies that might be carrying out unauthorised or unsupervised wealth management and banking services, having provided insufficient or falsified information to Finma, leading to inconclusive investigation results.
11/30/2020
Regulation is necessary and should provide a clear framework for asset managers and suitable protection for investors.
11/27/2020
The event celebrates the best advisers and managers in the private wealth sector across the world with the shortlist decided by a judging panel of ten global industry experts.
11/27/2020
Taxation and Philanthropy reviews the tax treatment of philanthropic entities and charitable donations in 40 countries worldwide.