09/16/2019
New IRS Procedure Provides Favorable Path for Non-Compliant Expatriates to Become Tax Compliant
This procedure, while limited in application, is an extremely favorable way for non-compliant U.S. citizen expatriates to come into compliance
Legal,Regulation,Tax & Compliance
09/13/2019
New regulations benefit advisers and clients: Zurich WM
‘Hence, being classified as institutional client, instead of private client, will give them a much wider choice of investment opportunities.’
09/13/2019
Luxembourg Falls Further Behind EU AML Rules As Companies Fail To Disclose Ownership
Luxembourg has approved a further delay for companies to register their beneficial ownership details after 53% of affected entities failed to meet the original deadline.
09/13/2019
HMRC faces legal fight for handing Britons' data to US tax officials
Case may have implications for British citizens born in US, who risk having accounts frozen
09/13/2019
The Advantages of Opening a Business in the Cayman Islands
Although the country is considered a tax haven, this jurisdiction provides a high level of trust as it follows international tax regulations.
09/13/2019
Finma adds two Basel firms to warning list
The regulator’s list includes companies that may be carrying out unauthorised or unsupervised wealth management and banking services
09/13/2019
London’s High Court freezes Maltese passport buyer's assets
Russian Billionaire is facing $1.3bn lawsuit
09/12/2019
FOS apologises for SJP complaints data error
But the actual number of upheld complaints remains unchanged.
09/12/2019
Female banker whose boss repeatedly told her 'not now, Stacey' wins £4m sex discrimination claim
The size of award Miss Macken will receive has yet to be determined.
09/12/2019
Appleby Lawyers Recognised in the Private Client Global Elite Directory
Lawyers from across three of Appleby’s global jurisdictions have been recognised in the 2019 edition of Legal Week’s Private Client Global Elite Directory.
09/12/2019
Vincent Kompany's testimonial match and the changing tax position
With average salaries these days for top premiership players easily surpassing £5m per year, sporting testimonials are now more symbolic.
09/11/2019
Trusts And Foundations In Malta
How the legal institutes differ under Maltese law
09/11/2019
Fos apologises for SJP data error
“We’d like to apologise for any confusion caused.”
09/10/2019
Investing in Women Code
The Investing in Women Code is a commitment by financial services firms to improving female entrepreneurs’ access to tools, resources and finance.
09/10/2019
Italian Tax Authorities Request Information From Switzerland On UBS Bank Customers
The purpose of the publication in the official Swiss Journal is to give to persons concerned the possibility to object to the disclosure of details on their personal account and receive a final decree ("Schlussverfügung") from the FTA inste
09/10/2019
Hong Kong regulator fines HSBC $2.1m for breaching phone recording standards
The SFC considered that HSBC has failed to put in place effective internal control procedures to ensure proper implementation of the telephone recording function and timely detection of any telephone recording failures.
09/10/2019
An introduction to Jersey investment funds
The information that must be included in an Expert Fund's offer document (including the specified form of investment warning to be acknowledged in writing by investors) is set out in the Jersey Expert Fund Guide.
09/10/2019
London law firm continues on acquisition trail
The merger will strengthen Private Client and Real Estate practices and represents around £1.6 million of additional fee income for the firm.
09/10/2019
Tax avoidance drives nearly 40% of global FDI: report
The billions attracted by tax havens do harm to sending and receiving nations alike
09/10/2019
Man Attacks Wall Street Charging Bull With Spiked Banjo
The vandal, a 42-year-old truck driver from Dallas, left the bull with a six-inch gash and several other deep scratches.