02/20/2020
Julius Baer took note of Finma's announcement regarding the closure of the proceedings in the FIFA/PDVSA case and acknowledges in principle the conclusions regarding shortcomings in the fight against money laundering.
02/19/2020
On 18 February 2020, the Economic and Financial Affairs Council announced that the British Virgin Islands has moved to the ‘whitelist’, indicating that the BVI is now in line with tax governance and transparency standards prescribed by the EU.
02/18/2020
The judge ruled that a company director’s purchase of residential property from the company’s administrator at a “significant undervalue” had not been in the interests of creditors.
02/18/2020
The aim is to tax businesses which traditionally paid low amounts of tax in foreign countries they operated in, those being: search engines, social networks and online marketplaces.
02/18/2020
The decision acknowledges that The Bahamas has implemented all the necessary reform to address concerns regarding economic substance, removal of preferential exemptions and automatic exchange of tax information.
02/17/2020
In the Cayman Islands, the courts recognise that the common law must evolve to meet the needs of society.
02/17/2020
During this transition period, EU laws and regulations will continue to apply in the UK and UK entities can continue to work in Luxembourg on the basis of their passporting rights.
02/17/2020
More than 80% of family enterprises in China are still controlled by the first generation of wealth creators and a massive transfer of assets to the second generation is just getting started.
02/17/2020
For the financial industry and for regulation, the past 10 years have been similar to changing the tyres on a moving car.
02/17/2020
The Applicant applied for an interim proprietary injunction over the Bitcoins that remained in the cryptocurrency exchange account.
02/17/2020
MAS expects financial institutions to benchmark themselves against the desired outcomes set out in the paper
02/14/2020
The controversy began several years ago with the search and seizure of Google France’s premises.
02/14/2020
The investigation is actually focused on transparency and whether I was transparent with and open with the bank, and with the board, with respect to my relationship with Jeffrey Epstein.
02/14/2020
Speech by Mark Steward, FCA Executive Director of Enforcement and Market Oversight, delivered at the City & Financial Global Ltd event, London.
02/14/2020
The court dismissed an appeal brought by Zamira Hajiyeva, the wife of an Azerbaijani banker
02/14/2020
The analysis shows that Pillar Two could raise a significant amount of additional tax revenues.
02/13/2020
It is that changing nature of the debate about women in the workplace – and gender diversity more broadly that I wanted to make the theme of my remarks today.
02/13/2020
Bank board says it has full confidence in CEO as UK financial watchdog looks at ties to disgraced financier
02/12/2020
Dubai Court dismisses attempt to enforce U.K. Akhmedov order
02/12/2020
Some tycoons have held assets through arcane webs of holding companies, which has complicated creditors’ efforts to recover funds.