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.
Legal,Regulation,Tax & Compliance
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.
07/16/2019
LIBOR: preparing for the end
Speech by Andrew Bailey, Chief Executive of the FCA, at the Securities Industry and Financial Markets Association's LIBOR Transition Briefing in New York, USA.
07/16/2019
Is blue sky compliance like the SEC or the IRS?
The states were allowed to require a notice filing, which means you are not actually registering, but giving notice of intent to sell in the state.
07/15/2019
The Challenges of AML for Law Firms – 2019 Industry Report
The main challenges law firms are facing with AML requirements.
07/15/2019
These recent data breaches generated huge fines, so here’s why your data processing agreements need to be watertight
The final amount of the fines may well be decreased in court.
07/15/2019
U.S. proposes barring big tech companies from offering financial services, digital currencies
Even if it were to pass the full house, it would still have to pass the senate which would also likely be an uphill struggle.
07/15/2019
Discriminatory or not? That is the question.
It is this sub-paragraph that creates ‘some confusion*’, even to those who welcome what some fear is the ultimate threat to privacy in the world of trusts.
07/14/2019
Gold, jewels, ‘Islamic’ finance: how India’s I Monetary Advisory built a US$365 million Ponzi scheme
Some 50,000 investors have lodged complaints against the Bangalore-based I Monetary Advisory and its founder Mohammed Mansoor Khan
07/14/2019
Appleby Launches Economic Substance Online Tool
While online tools are no substitute for bespoke, professional legal advice, the Questionnaire can help you make informed decisions regarding the new economic substance requirements and how they may impact your business.
07/12/2019
HSBC blasted by Hong Kong protest leader: Bank urged to apologise after boss praised Chinese regime
He accused HSBC of failing to understand what is really going on in China – and urged it to apologise.
07/12/2019
Ex-Credit Suisse Veteran Poised for New Deal
Together with a small group of investors, Illy is relatively far along in the takeover of Degroof Petercam (Suisse).
07/12/2019
A $117 Billion Chinese Wealth Manager Says It Was Scammed
Noah says its asset-management product was hit by fraud
07/12/2019
Vote 100: the gateway for female lawyers - Mourant
It would be another 23 years before a female was sworn in as an Advocate of the Royal Court of Jersey though.
07/12/2019
Paedophile financier offers private jet and mansion to avoid pre-trial jail
Prosecutors say 66-year-old is 'extraordinary' flight risk
07/12/2019
International exchange framework released for CRS-related mandatory disclosure rules
The announcement also covers updated XML schemas for the exchange of CRS, country-by-country (CbC) reporting and tax ruling information.
07/11/2019
State Street expands trustee capabilities in Singapore
Syed Asim Hasan, head of global services for South East Asia at State Street, said: “We are delighted to now expand our suite of capabilities to meet the evolving needs of asset managers in the country.
07/11/2019
Bank of Singapore’s Hong Kong CEO on Developing a Greater China Proposition
Tan has been with Bank of Singapore since 2010 and since January 2018 leads the overall strategy to drive the bank’s presence in Greater China and North Asia, with a strategic focus on the Guangdong-Hong Kong-Macau Greater Bay Area.