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.
Legal,Regulation,Tax & Compliance
09/09/2019
Directors put on notice over climate change related disclosures
The hardwiring of climate change-related disclosure guidance in ASIC's regulatory regime marks a new direction for the corporate regulator, and follows a series of other milestones in the push to include climate change on the global regulatory agenda
09/09/2019
Recognition for 11 Carey Olsen lawyers in Private Client Global Elite Directory
The 2019 edition received more than 8,000 entries, resulting in recommendations for 293 'Global Elite' lawyers and 136 'Ones to Watch'.
09/09/2019
Guernsey considers introduction of limited liability companies
The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many other international financial centre jurisdictions in introducing LLCs.
09/08/2019
First tranche of data from Swiss banks can unearth hidden wealth
Regulatory and government officials said the special focus of the analysis of the Swiss bank data could be on identifying people with political links
09/08/2019
Whistleblower says bank has blood on its hands: RAF veteran claims Standard Chartered helped Iran terrorists, ahead of court battle
RAF veteran claims Standard Chartered helped Iran terrorists
09/06/2019
FCA new webpage on the transition from LIBOR
SONIA offers a robust alternative to LIBOR.
09/06/2019
Time is running out on opportunity zones — but there's limited choice
Federal tax breaks related to opportunity zones could boost an investment's gain by up to 50%, but that benefit starts to decline for clients who invest after this year
09/06/2019
CSSF’s eDesk portal available for the mandatory notification in the context of Brexit
Any date indicated in the Brexit Notification forms is based on the assumption of a no-deal Brexit occurring on 31 October 2019.
09/06/2019
Galleon’s Rajaratnam Free From Prison After Almost Eight Years
Rajaratnam, 62, is a beneficiary of the 2018 First Step Act, which allows some federal inmates who are over 60 years old, or who face terminal illnesses, to serve the end of their sentences at home.
09/06/2019
American expats launch residency-based taxation legislation campaign
The US tax system deems anyone with a connection to the States is a taxpayer even if they only lived in the country for a short time as a child.
09/05/2019
India and Switzerland to share bank accounts data
Information on Indians with Swiss bank accounts will be disclosed for the first time
09/05/2019
Luxembourg regulator issues Brexit notification to UK firms
Following the 15 September deadline, firms authorised under both Ucits and AIFM will then have until 31 October 2019 to submit to the CSSF either the corresponding application for authorisation, the corresponding notification or information or any action
09/05/2019
Family office investments and Jersey Private Funds
Multi-family office co-investment structures might also be exempt, for example where the structure is essentially a joint venture between separate families.
09/04/2019
Warren Says Wealth Tax Plan Isn’t a Cranky Idea: Campaign Update
At an event in Hampton Falls, New Hampshire, the Massachusetts senator gave her standard stump speech to a crowd of 800 people who stuck around despite heavy rain stayed even for her trademark selfie line.
09/04/2019
The Anti-Money Laundering Picture in Jersey – 8,000 Steps in the Right Direction
Recent reports in the press suggest that, after a three year information gathering process, Lloyds Banking Group has frozen the accounts of approximately 8,000 clients in Jersey who failed to provide sufficient proof of their identity.
09/04/2019
Report assesses 116 nations’ implementation of country-by-country reporting
The report assesses each countries’ domestic legal and administrative framework for CbC reporting; the exchange of information framework adopted; and the degree to which they meet standards on confidentiality, consistency, and appropriate use of the
09/04/2019
Implementation of the new prospectus regime in Luxembourg
This new regime applies to prospectuses approved on or after 21 July 2019
09/03/2019
China P2P crackdown ensnares billionaire property tycoon
Zendai Group founder Dai Zhikang surrenders to police after collapse of lending unit
09/03/2019
US expats may see accounts frozen under Fatca
If they don’t give their tax identification number to the IRS by December