03/07/2019
UK tax reform must be condition of EU post-Brexit trade accord, say MEPS
MEPs say that the EU must make reform of the tax system in the UK a “condition” of any post-Brexit trade agreement with Britain.
Legal,Regulation,Tax & Compliance
03/07/2019
One third of UK billionaires have moved to tax havens
Super-rich continue to fund political parties despite law banning the practice
03/06/2019
Russian money laundering machine shifted millions through the Netherlands
The scheme was discovered in a collection of 1.3 million banking transactions and other documents obtained by OCCRP and the Lithuanian news site 15min.lt, which stem from the two Lithuanian banks.
03/06/2019
US-based network buys Australian ultra-high-net-worth firm with Clarendon’s help
The shareholders have built a market-leading wealth management business and this transaction provides them with an opportunity to partially sell down their interest in the business and partner with a world leader in the financial management space,”
03/06/2019
Go After Suspicious Transactions, Not Just Banks
An investigation alleges that financial institutions in the Nordic countries and the Baltics were used for a hard-to-detect form of money laundering.
03/06/2019
Superyachts and private schools: Britain's dirty money problem
The Guardian’s Juliette Garside has been investigating the network and where the money ended up.
03/06/2019
Guardia di Finanza Approaches Swiss Banks
The letter contains a deadline, by which the answer should be forthcoming
03/06/2019
Hong Kong: UBS and Citigroup Top Contributors in Fines
SFC has confirmed that it intends to prosecute 60 individuals and companies in 2019
03/06/2019
Saracens probed by rival club: Firm hired by Premiership team to investigate offshore accounts due to lack of confidence in governing body
Investigation comes after Sportsmail's revelations about the club's dealings
03/05/2019
Banking leak exposes Russian network with link to Prince Charles
Exclusive: investigation reveals how Troika Dialog channelled $4.6bn to Europe and US
03/05/2019
Duties of Directors of Jersey Companies
This may be supplemented by provisions in the company’s articles of association preventing an interested director from voting or being counted in the quorum at the relevant board meetings considering the transaction.
03/05/2019
Guernsey welcomes deferral of the Financial Services (Implementation of Legislation) Bill
The States of Guernsey and the island’s financial services industry welcomed the late withdrawal of the Bill
03/05/2019
Spain and UK reach deal to curb tax evasion in Gibraltar
The agreement sets out stricter rules to determine the fiscal residency of individuals and businesses
03/04/2019
Politics enters the global battle against money laundering
Policy has become vulnerable to interference and manipulation
03/04/2019
The end of the tax year is nigh! Don’t miss out on tax saving opportunities. An interview with James Temperley, Wealth Director, Sanlam
It’s worth getting your check-list ready now to make sure you’ve ticked everything off before April sneaks up on us
03/03/2019
Guernsey Finance response to MP pressure to impose public registers of beneficial ownership on Crown Dependencies
The proposed amendments attempt to impose public registers of beneficial ownership for all Crown Dependencies and Overseas Territories.
03/03/2019
Crown dependencies face crackdown on secret companies
Tory MPs demand that Jersey, Guernsey and Isle of Man reveal names of corporate owners
03/03/2019
UPDATE – Amendments to Bermuda’s Economic Substance Legislation
Registered entities which believe they may be undertaking IP business should seek legal advice regarding the changes to enhanced IP economic substance requirements.
03/03/2019
Wealth products become key investor in China's financial market
Almost 70 percent of the funds raised through wealth management products are invested in bonds, deposits and money market instruments.
03/03/2019
Man City face transfer ban as FA investigates claims club used illegal third-party ownership scheme to buy South American kids
Allegations that club used a company in the Cayman Islands to hide investment fund came after Football Leaks shared documents