11/12/2018
Football’s super-rich play the game by their own rules
The Football Leaks revelations show how little the views of fans and regulators matter
Legal,Regulation,Tax & Compliance
11/12/2018
France to hunt for tax cheats on social media
The idea is to identify potential frauds by analysing publicly-available data on individuals' social media accounts, Darmanin said, according to excerpts of the show to be broadcast on Sunday.
11/12/2018
South African Central Bank Fines HSBC for Lax Money Laundering Controls
The FIC Act mandates the PA, in terms of section 45, to supervise and enforce compliance with the provisions of the FIC Act insofar as accountable institutions regulated or supervised by it are concerned.
11/12/2018
Taxman To Tackle Wealthy Families With Trusts
Trusts set up as part of estate planning exercises to minimise inheritance tax are specific targets for the consultation.
11/12/2018
Regulators are taking a tough stance on golden visas
As demand for residency or citizenship in EU member states grows, the golden visa schemes are under intense scrutiny from regulators for making it too easy for organized crime figures, tax-evaders, and people whose wealth cannot be easily explained to ge
11/09/2018
Guidelines on cooperation and information exchange for AML/CFT supervision purposes
Where the conditions for setting up an AML/CFT college are not met, the Guidelines propose that supervisors will continue their cooperation and information exchange on a bilateral basis and formalise this process.
11/08/2018
Twist in alleged $1bn art fraud as Russian tycoon detained in Monaco
A judge in the principality has been investigating whether Rybolovlev sought to influence law enforcement officials in his long-running dispute with Swiss art dealer Yves Bouvier.
11/08/2018
Ronaldinho has passport seized as court finds just £5 in his bank account
The Brazilian already has dual nationality as he was granted a Spanish passport during his time at Barcelona in 2007.
11/08/2018
UBS faces new legal battle in US over mortgage securities -
UBS will contest the matter and is confident in its legal position, based on the facts and the law
11/08/2018
UK renews crackdown on offshore tax evasion
This legislation is expected to come in the 2018-2019 finance bill, according to the budget.
11/07/2018
AEOI – the consequences of non-compliance and the request to correct
Preparations should be well underway, to assess and ascertain the FATCA compliance status of your organisation.
11/07/2018
Monaco deny Football Leaks claims of offshore set-up to bypass Financial Fair Play
Monaco qualified for the Champions League in 2014 after finishing second in Ligue 1, and were looking for new revenue streams that would enable them to comply with FFP.
11/07/2018
HSBC bank confirms US data breach
HSBC has said some of its US customers' bank accounts were hacked in October.
11/07/2018
Top HSBC executive probed by Financial Conduct Authority
A top executive at HSBC is being probed by city regulator the Financial Conduct Authority.
11/07/2018
Budget 2018 – Key highlights for international clients
We have pulled out a few of the key highlights for our international clients and their advisors, along with a recap of some of the major changes coming up in 2019 and 2020.
11/07/2018
Barclays executive arrested on suspicion of killing his wife
Mrs Pomphret was a keen horsewoman and a registered volunteer with British Dressage.
11/07/2018
UBS Trader Accused in Insider Case Bought 3-Liter Bottles of Cristal
Choucair, 39, has been a Tramp member since 2001, and, according to prosecutors, took Abdel-Malek to the club after she gave him information on deals UBS was working on.
11/07/2018
The role of regulation in encouraging good culture
Speech by Andrew Bailey, Chief Executive of the FCA, delivered at the Investment Association Culture Conference, Mansion House, London.
11/07/2018
Guernsey will always be leaders
International regulations are pushing all jurisdictions to show that the companies resident in those jurisdictions have substance.
11/07/2018
United Nations launches European green finance network with Guernsey
The new European network, which has its base in Dublin, sees Guernsey join other leading financial centres including London, Frankfurt, Paris and Zurich, among others in a broader European commitment to sustainable finance.