03/08/2019
FCA reveals findings from first cryptoassets consumer research
The research includes qualitative interviews with UK consumers and a national survey.
Legal,Regulation,Tax & Compliance
03/08/2019
China tightens rules on wealth management, boosting prospects for foreign banks
With the market moving towards more regulated environment, onshore business is going to be the most important pie.
03/08/2019
Our private jet operator may be scamming you
Some fraud attempts are almost comical.
03/08/2019
UK renews golden visa crackdown
The government has announced changes to the Immigration Rules.
03/08/2019
ESMA’s priorities for the asset management community
The report is at the centre of ESMA’s investor protection mandate: the objective of investors is to increase the value of their investments and costs are a key factor affecting the achievement of that objective.
03/08/2019
Chief Ministers reject Channel Islands' 'tax haven' label
Guernsey's Chief Minister accused UK politicians of "hypocrisy" and said the UK is the "biggest tax haven" for rich people.
03/08/2019
Appleby announces global Female Leaders Network
The network first launched in Jersey in 2017
03/07/2019
Estate and gift taxes in Cyprus – planning is needed
Gift tax exists in order to prevent people from having an easy way to avoid or bypass estate tax.
03/07/2019
Saving the Crown Jewels in a post-Brexit world
Following the UK’s planned exit from the EU on 29 March 2019, provided that the terms of the Withdrawal and Transition Agreement can be agreed
03/07/2019
‘The Magic Money Tree:’ From Modern Monetary Theory to Modern Tax Theory
In its crudest form, a central bank can use special papers, inks and a printer, to create money.
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.
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