10/08/2019
Sohar International and EFG International ink pact
EFG International operates in around 40 locations worldwide, with a network spanning Europe, Asia Pacific, the Americas and the Middle East.
Legal,Regulation,Tax & Compliance
10/08/2019
Pressure mounts on Jupiter's Davies as he faces trust sacking
The board's move shines the spotlight on the equally torrid run of performance Davies is enduring on the much larger Jupiter UK Growth open-ended fund, run along the same lines.
10/08/2019
India gets first tranche of Swiss account details
Data will be useful to establish strong prosecution case against those with unaccounted wealth in form of investment in securities or other assets
10/08/2019
Over 130,000 high net-worth individuals served tax notices
The incumbent government has been successful in broadening the tax base during the its first year in the office, as data showed that around 783,039 new taxpayers filed returns with the tax department as a result of various schemes, including a tax amnesty
10/07/2019
QC Corner: James Ramsden QC
The UK court will decide a claim brought by a Russian investor allegedly defrauded when large quantities of bitcoin were sent to an FX trader with the intention that it be converted to $US.
10/07/2019
French Billionaires Make Good On Their Pledges To Repair Notre Dame Cathedral
It comes after church, and business officials said in mid-June that the billionaire French donors who publicly promised flashy donations totaling hundreds of million had not yet paid a penny.
10/07/2019
ESAs highlight money laundering and terrorist financing risks in the EU financial sector
The ESAs are concerned about weaknesses in the control frameworks put in place by financial institutions
10/07/2019
Exchange of information with 75 countries on around 3.1 million financial accounts
Currently, around 7,500 reporting financial institutions (banks, trusts, insurers, etc.) are registered with the FTA.
10/06/2019
Attack on JPMorgan banker in Hong Kong sparks outrage in mainland China
Angry reaction to video of incident, including one commenter saying the behaviour went against the push for freedom and democracy in city
10/06/2019
Appleby Mauritius Advises Azure Power Solar Energy
The USD Notes qualify as green bonds and were certified by Climate Bonds Initiative, a non-profit organisation working solely to mobilise debt capital markets for climate change solutions.
10/06/2019
World Mental Health Day: Mental Capacity and Power of Attorney
What was certainly evident is that there is an increasing awareness of mental health issues and therefore the need for the legal and medical professionals to collaborate when working with clients
10/06/2019
Bank of Ireland accounts 'used to launder €273m in OneCoin scam’
US prosecutors call in current and former officials at lender to testify in cryptocurrency case
10/06/2019
Going, going, gone: African dictators losing luxury lifestyle amid money laundering crackdown
Their sale represented “a highlight of the international motoring calendar,” enthused James Knight of Bonhams, the presiding auction house.
10/04/2019
US to start revoking passports of American expats with tax debts
In turn, the State Department has the authority to deny a passport application, revoke or not renew a passport.
10/04/2019
Unigestion makes Italian push with Allianz Bank Financial Advisors partnership
The strategy seeks to achieve this by capturing the upside during "bull" markets while protecting capital during market downturns.
10/03/2019
Top executives at Italian banks under investigation in diamond probe: document
According to the document, notifying the closure of the probe, those under investigation included former UniCredit country chairman for Italy Gabriele Piccini — today a top manager at Intesa Sanpaolo.
10/03/2019
13.5 Tons of Gold Found in Chinese Official's Home
The colossal amount of gold was found in the basement of one Chinese official who was living in Haikou City, Hainan province.
10/03/2019
Beware the email auto-signature
The Claimants contended that the electronic signature was capable of rendering the document “signed” as long as the name had been included on it in order to authenticate the agreement contained in the document.
10/03/2019
Cayman – Now Possible to Inspect a List of Company Director Names and Limited Liability Company Manager Names
For the avoidance of doubt, the list, which is maintained by the General Registry
10/02/2019
Multinationals must respond to increasing KYC and UBO requirements
TMF Croatia spoke about these laws, and the need for companies to collect transparent data on individuals right to the top of their ownership structure.