08/06/2019
The prosecutors also said that the bank had made and committed to a significant overhaul of its practices to counter financial crime risks following the allegations.
08/06/2019
Following extensive consultation with industry, a demand for two models was identified, which crystallised into two laws being enacted in 2011
08/06/2019
The case was referred to the SFC by the Hong Kong Monetary Authority (HKMA).
08/05/2019
The Carey Olsen cross-practice team for the IFC 5 sale was led by partner Alex Ohlsson
08/05/2019
Here are the latest additions to Finma's warning list.
08/04/2019
The jury verdict awarded $1 million in damages for pain and suffering, $150,000 for future medical expenses and $2.5 million for the economic wage losses.
08/02/2019
This new lawsuit is particularly significant because it was filed just two weeks after the District of Columbia filed a similar suit against Marriott.
08/02/2019
Inheritance tax is also seen as unfair because the government is consistently increasing its revenue, while the thresholds for inheritance tax have been frozen for a decade.
08/02/2019
Awards aim to highlight the excellence of advisers and managers in the private wealth sector in major international financial centres.
08/01/2019
Companies from the Cayman Islands and Bermuda currently make up more than 70% of all entities listed on the main board of the Hong Kong Stock Exchange, almost all of which also maintain British Virgin Islands entities as part of their group.
08/01/2019
The background of the matter concerned a request by the principle beneficiary of a discretionary trust, to terminate the trust.
08/01/2019
These latest positive endorsements follow the introduction of new substance legislation by the relevant authorities in each of our jurisdictions last year. The review was carried out by the OECD Forum on Harmful Tax practices.
08/01/2019
The team's capabilities across both contentious and non-contentious matters are highlighted with an onshore interviewee observing that "they do a lot of private client work which is very interesting and high-value.
08/01/2019
Sammons pled guilty on July 2 to 15 counts of grand larceny and fraud
07/31/2019
Emma Conaty and Erin Meehan provide a global update on issues affecting the cross border marketing and distribution of investment funds.
07/31/2019
This is a perennial debate, and the recent Law Commission consultation on reform of the SARS
07/31/2019
These reports are part of the second round of Global Forum reviews, which assess jurisdictions against the updated standard
07/30/2019
It is therefore removing a status that made it possible for European banks to rely directly on those ratings for the issuance of bonds, loans and other debt instruments.
07/30/2019
Last month, UBS settled its other Italian case, a related financial investigation, with tax authorities for 101 million euros.
07/30/2019
At the time AIML entered into provisional liquidation, because of the activities referred to above, two funds managed by AIML had a combined shortfall of at least USD 180 million.