Managers of Wealth

Switzerland Nets Billions From Tax Evaders

In consequence, the Swiss state – federal, cantonal and local authorities taken together – received more than 3.8 billion francs in extra tax payments.

Crypto Crime Is Taking A Violent Turn

This case also signals a shift away from bitcoin, which has more robust crime fighting tools, towards alternate cryptocurrencies, where criminals have more than 1,600 cryptocurrencies to choose from.

JPMorgan Asset Management wins approval to sell HK funds in China

Regulatory green light is latest step towards opening up China’s financial markets

CFA Institute to oversee fiduciary manager performance standard

The right language could make a single standard applicable globally even if regulatory requirements varied geographically, he said.

Guernsey providing regulatory certainty on application of electronic CDD

Also at the seminar in London, lawyer Stephen Ozanne, Senior Associate at Walkers, provided a briefing on the impact and potential of the island’s recently-lodged ”smart contracts” and “electronic agents” legislation.

China makes concessions to expats in new tax law

According to a notice published by the State Administration of Taxation last month, resident taxpayers who spend more than 30 consecutive days outside the country in any given six-year period are exempt from having to declare their global earnings.

OECD announces progress made in addressing harmful tax practices (BEPS Action 5)

The assessment of preferential tax regimes is part of ongoing implementation of Action 5 under the OECD/G20 BEPS Project.

Happy Data Protection Day! GDPR, no deal Brexit and the Crown Dependencies

GDPR has brought awareness of privacy rights to the forefront of many businesses' agendas

International community makes important progress on the tax challenges of digitalisation

The Inclusive Framework will look at proposals based on the concepts of marketing intangibles, user contribution and significant economic presence

Britain's biggest taxpayers revealed - but which top earners DIDN'T make the list?

Lewis Hamilton, Roman Abramovich and JCB owner Lord Bamford all noted as conspicuous absentees from tax list

Offshore company beneficial ownership registers and trusts: By Ashley Fife, Carey Olsen

Families who have established, or are looking to establish, trust structures ought to be comforted to some extent

Carey Olsen up for best offshore law firm at Asia Legal Awards 2019

Winners will be announced at a ceremony at the Renaissance Harbour View Hotel in Hong Kong

China proposes a new consolidated law on foreign investment

The new draft law defines the different types of foreign investment and covers investment promotion, investment protection, investment administration and legal liability in respect of foreign investment.

Gucci owner Kering faces €1.4bn Italian tax bill

Luxury group disputes long-expected claim on ‘the grounds and the amount’

Billions of euros in Satabank transactions deemed 'highly suspicious'

'This makes previous money laundering cases look like child's play'

Switzerland Nets Billions From Tax Evaders

The Swiss state – federal, cantonal and local authorities taken together – received more than 3.8 billion francs in extra tax payments.

Finma deputy CEO dies aged 53

‘He was held in extremely high regard by employees, colleagues and the finance industry,’ Finma said. ‘[His] death leaves a big void.’

Maples and Calder and MaplesFS combine as the Maples Group

The rebranding initiative, which includes a new corporate logo and website, highlights the strength of the Maples Group as a comprehensive solution for legal, fiduciary

Australian Billionaire's Family Office steps up pressure in $55 million takeover bid

It also suffered a fall in comparable sales heading into December, down 3.1% in financial year to 25 November, with a fall of 4.9% in the last six weeks of that period.

KPMG and Deloitte under investigation for role in 1MDB corruption scandal

International auditors KPMG and Deloitte are being investigated in Malaysia for their role in the 1MDB corruption scandal.

Legal,Regulation,Tax & Compliance