07/22/2019
Guernsey meets family office need for expertise and professionalism
“Jurisdictions like Guernsey, who can give a lot of support given their expertise in this sector, can become the main infrastructure for the family office,” she said.
Legal,Regulation,Tax & Compliance
07/22/2019
Why US regulators are struggling to step up to regulate Facebook's Libra
Facebook, which is spearheading Libra’s development via a new subsidiary called “Calibra,” has also gathered a consortium of companies that will supposedly have equal commitments with Facebook
07/21/2019
Ken Costa looks to Saudi Arabia for next big deal
Former Lazard banker with strong Gulf links is not ready to retire just yet
07/19/2019
Deutsche Restructuring Sees Compliance, Financial Crime Teams Merged
By combining compliance and financial crime with risk management, Deutsche hopes to break free from the shadows of its past, something which should allow it to become more dynamic in its regulatory obligations.
07/19/2019
Appleby highly ranked in Chambers' High Net Worth Guide
The team was also acknowledged as one of the strongest and most responsive in the Cayman Islands.”
07/19/2019
Economic substance laws: the private wealth context
The following article sets out a brief overview of the new substance regime with a particular focus on its application to private wealth structures.
07/19/2019
UK deploys first unexplained wealth order in organised crime case
Regulators looking to arrest flow of dirty money through Britain
07/18/2019
Think-tank urges radical shake-up of property tax to address wealth inequality
These taxes are also the most difficult for the super wealthy to avoid because the underlying asset lacks mobility
07/18/2019
Combating financial crime - KPMG
3 focus areas for banks to achieve more effective and efficient customer due diligence
07/18/2019
Combating financial crime - KPMG
3 focus areas for banks to achieve more effective and efficient customer due diligence
07/18/2019
Women in Finance Charter
They are now over 330 firms of all shapes and sizes across financial services signed up to the commitments of the Charter
07/18/2019
Dickinson Wright Receives Top Rankings
Five Dickinson Wright attorneys are listed as "Leaders in their Fields"
07/18/2019
US Senate ratifies protocols to tax treaties with Japan, Switzerland, Luxembourg
Like US-Spain protocol, all three tax treaty protocols easily cleared the two-thirds vote threshold for ratification.
07/18/2019
Payoffs, glory-seeking Feds, and hiding in plain sight — here's what 5 experts told us about the $1 billion cocaine bust on a ship owned by JPMorgan
The drugs are worth way less than $1 billion
07/17/2019
The rise of alternatives
Many have started to ask AIFMs to add further value through select services, expand their skills set and get involved in the sales process.
07/17/2019
Why Big Governments And Central Banks Want To Kill Libra And Bitcoin
This happened to much smaller money market funds (that “broke the buck”) during the financial crisis, so it could easily happen here.”
07/16/2019
China tax reforms, wealth planning and wills
After the banking crisis, 10 countries suffered losses in excess of USD100 billion every year through tax evasion, according to 2011 data from the Tax Justice Network.
07/16/2019
Plans for the PBC to increase involvement in FinTech development
The plan will be coordinated by the relevant government departments, and is said to outline the principles, development goals, key tasks and safeguard measures for the future development of these financial FinTech technologies.
07/16/2019
How Italy’s favourable new tax regimes can benefit the sports industry
The sports industry is well positioned to take advantage of the new regimes if participants are able to leverage their geographic flexibility.
07/16/2019
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.