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
Legal,Regulation,Tax & Compliance
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
03/01/2019
Whistleblower recalls fear of tracking UBS bankers at Roland-Garros
Stéphanie Gibaud’s evidence helped to hit Swiss bank with €4.5bn fine over tax dodge
03/01/2019
Why wealth taxes may not be such a good idea for Singapore
Singapore has a sound self-funded pension scheme, where Central Provident Fund members can invest their savings in equities and other approved financial products tax-free.
03/01/2019
'Tax the rich': Can it really solve the inequality crisis?
Concerning inequality, we now have hundreds of organisations providing exhaustive data that covers the topic from many different angles.
03/01/2019
Tax Law Gives Wall Street a Break When Buying Private Jets
Two parts of 2017 law can help avoid tax on carried interest
03/01/2019
Luxembourg law on the register of beneficial owners comes into force
Entities are not only obliged to provide information to the RBE, but also to hold such information, including supporting documents, at their registered office.
02/28/2019
Alfred Cannan defends tax cap rise for the rich
The tax cap is rising from £150,000 in 2018/2019 to £175,000 for 2019/2020.
02/28/2019
Parliament: Wealth, inheritance taxes could be avenue to level playing field
To reduce the wealth inequality gap, Singapore has taxes on personal income, property and consumption, so the top earners and those with more assets contribute to the national coffers, she noted.