10/03/2018
Could an increase in stamp duty for non-UK residents work in practice? by Andrew Hubbard
But is tax residence the most appropriate test?
Legal,Regulation,Tax & Compliance
10/03/2018
Amazon will hire fewer people, not spend more on higher wages, wealth manager says
The new minimum wage will benefit more than 250,000 Amazon employees — including part-time and temporary employees — as well as another 100,000 seasonal employees, the company said.
10/03/2018
Swiss group accuses Angola of intimidation in fraud probe
The money was allegedly transferred from the Angolan Reserve Bank to the Credit Suisse Bank in the UK.
10/02/2018
StanChart Said to Brace for New Iran Fine of $1.5 Billion
Penalty said to be linked to previous violations, Dubai unit
10/02/2018
55% of FTSE100 currently fail to publicly mention tax evasion
Failure to comply with the new law could result in unlimited financial penalties, ancillary orders such as confiscation orders or serious crime prevention orders, and serious reputational damage.
10/02/2018
U.S. Takes on Russia’s Favorite Money Haven: Cyprus
Washington regulators crack down on money laundering in the tiny Mediterranean island in a bid to check Moscow’s power in Europe
10/02/2018
Julius Baer Has Law Firm Look at Panama Banker Accounts
One of the people said Krull has privately conveyed to the bank that he didn’t use Julius Baer accounts to launder Petroleos de Venezuela S.A. money.
10/02/2018
Singapore could lure global wealth with passage of new VCC Bill
The Bill takes reference from similar corporate fund structures available in other global investment fund centres
10/01/2018
Another U.S. Fine for Credit Suisse
The SEC’s order also finds that although Credit Suisse touted “robust” and “enhanced” price improvement on orders, RES’s computer code treated orders for which execution quality is required to be publicly reported diffe
10/01/2018
UK introduces new penalties for overseas investors dodging tax
Any individuals who have paid the incorrect amount of tax on overseas income in previous years must have corrected their tax returns by the deadline, or the potential fine will double to 200% of tax owed.
10/01/2018
Carey Olsen is top adviser for investment funds in Guernsey
The Monterey Insight survey is further good news for Carey Olsen's corporate team as it follows confirmation earlier this year that the firm now advises 100 London Stock Exchange listed clients
09/30/2018
The UK’s Requirement to Correct: game changer or damp squib?
With only days left for HNWs to get their tax affairs in order, barrister Tessa Lorimer asks if HMRC's new crackdown on offshore has teeth
09/30/2018
Divorce ‘fighting fund’ for spouses of rich
Access to Justice Fund is about giving equality of arms to the weaker party in divorce
09/30/2018
The Luxembourg SPF: A private wealth management company of choice
Ultimately, with Luxembourg being a highly developed centre of legal and financial services, private individuals wishing to structure their assets' holding and financing benefit from a one-stop-shop meeting all their expectations.
09/30/2018
At A Glance Guide to Jersey's Charity law
It is further anticipated that from 1 January 2019 the remaining provisions of the Law will come into force which amends Jersey taxation legislation in relation to charities.
09/28/2018
Banker’s Arrest Puts Boom Years Under Scrutiny at Swiss Bank
Julius Baer is clamping down after a series of run-ins involving Venezuelan oil money, FIFA bribes and arms sales to Russia.
09/28/2018
How the United Arab Emirates became an oasis for tax evaders
The enterprising and tax-shy can still exploit loopholes in the system
09/27/2018
No fault divorce plans could make financial settlements easier
ANALYSIS: Divorce reforms in England and Wales go some way to introducing "no fault" divorce, but more clarity and development is needed as the UK government's consultation on reform progresses.
09/27/2018
Experts weigh in on what to do after the Fed's rate hike
The U.S. Federal Reserve raises interest rates 25 basis points.
09/27/2018
Dial Monaco for Murder
“Daughter’s partner accused of ordering killing of city’s richest woman.” – reports