12/12/2019
Wealth taxation on the rich is a good idea
Most of us do not have to worry about these taxes.
Legal,Regulation,Tax & Compliance
12/12/2019
UBS Reveals Client Overcharging Claims in Asia
Despite the regulatory worries, Asia continues to be a primary growth driver for the bank, as evidenced by the latest figures.
12/12/2019
Big Data is Transforming Investigations
nstead of examining trades occurring around the time of price movements in specific securities, the Commission identifies groups of individuals trading in a correlated manner.
12/12/2019
FATF Executive Secretary David Lewis on preventing money laundering
As a task force with a global network of over 200 jurisdictions, the FATF enables a coordinated response to a global problem and it promotes partnership between the public and private sectors.
12/12/2019
CAYLUX Fund Finance briefing
In this briefing we summarise why they are used and explain one way in which investment managers are using Cayman and Luxembourg fund vehicles together.
12/12/2019
Art Forgery Is Easier Than Ever, and It's a Great Way to Launder Money
More and more rich people are buying art and stashing it in strange places. According to infamous scammers, it's not even close to legit.
12/12/2019
Channel Islands: Year in Review
Global macro-economic uncertainty, regional political disruptions, economic substance rules, beneficial ownership registers, regulatory fines and that’s not the half of it!
12/12/2019
Goodbye LIBOR, Hello SOFR By Katherine Pearce and Nick Nolan
With LIBOR ending, the LSTA has laid out several key considerations that accounting systems will need to address moving forward.
12/11/2019
Private Client – December 2019
Finally, with the 31 January self-assessment tax return filing deadline approaching, we look at the available tax reliefs and allowances you may be able to claim before filing your tax return.
12/11/2019
HSBC’s private Swiss bank fined over US tax evasion
The bank admitted that between 2000 and 2010, it conspired to defraud the US of taxes, commit tax evasion and file false federal tax returns.
12/10/2019
Carey Olsen's Russell Clark named as one of the UK's 50 most influential private client advisers
He specialises in both contentious and non-contentious trust matters and advising private clients on succession and estate planning.
12/10/2019
Swiss voters reject corporate tax overhaul
Switzerland has come underneath intense stress from G20 and OECD nations in recent times to wash up its tax system.
12/10/2019
Danny Murphy loses £1m Coutts tax avoidance battle
It is the second time in just over a year that Murphy has lost a legal battle with Coutts.
12/10/2019
Belgian lawyer guilty in 'Catch Me if You Can' Swiss money-laundering case
The three-judge tribunal also ordered confiscation of tens of millions found in accounts.
12/09/2019
Deutsche Bank staffers cleared but bank fined in money laundering case
Sources close to the investigation said as recently as July that prosecutors were set to escalate the investigation
12/09/2019
Wealth, power and impossible children: the 250-year-old scandal that gripped Scotland
Yet 250 years ago this year, their powerful foundations would be rocked by scandalous allegations that gripped the nation and placed them at loggerheads with another of Scotland’s richest and most powerful families, the Hamiltons.
12/09/2019
World’s superrich are renting London properties to avoid new taxes
There are currently more than 1,100 homes in London rented at over £3,000 a month, including a £40,000 a week, seven-bedroom house in Mayfair and a six bedroom Knightsbridge penthouse flat at the same price.
12/09/2019
Billionaire Alexander Abramov's record under review after claims of links to tax haven companies
He ploughed millions into the 215ha seaside property and transformed it into a country estate with a gated luxury resort complete with a 25m swimming pool.
12/09/2019
Watchdog asks UK for transparency in tycoon’s settlement
Although there is scant information about the specifics of the case, returning seized funds to the country of origin, as is proposed, is an obligation under the UN Convention Against Corruption.
12/09/2019
Carbon reporting: are you ready to disclose your emissions?
Many businesses caught by these regulations may already be preparing similar information as part of their assessment under the Energy Saving Opportunity Scheme (ESOS).