10/23/2018
Thai regulator in wealth management initiative
Thailand’s Securities and Exchange Commission (SEC) wants to extend the basic tools and best practices in HNW wealth management to all Thai investors.
Legal,Regulation,Tax & Compliance
10/23/2018
Massive tax evasion found in Ferrari, other luxury car resales in Japan
According to the sources, tax authorities including the Tokyo Regional Taxation Bureau and the Kantoshinetsu Regional Taxation Bureau penalised about 10 companies for intentionally hiding profits, or failing to report profits, from the sale of imported ca
10/23/2018
UBS Accuses French Whistle-Blowers of Lying, Blackmail
The testimony came during the third week of a trial over allegations that UBS bankers illegally encouraged French citizens to lower their tax bills by moving money out of the country.
10/23/2018
What you need to know about unexplained wealth orders
Learn what is an unexplained wealth order or UWO.
10/22/2018
Green FinTech Challenge
Once the application window has closed we will assess all applications and select a small number of firms that meet the criteria.
10/22/2018
Football crackdown nets £330m for HMRC
UK tax authority probe leads to inquiries into 171 players
10/22/2018
UBS quizzed about torn bonus notebooks by French prosecutors
De Fayet is on trial in Paris for allegedly helping employees at the Swiss bank, who crossed the border, seek out new French clients despite not having the right paperwork.
10/22/2018
France to lead Europe with regulation of ICOs
France is not the first country to look into whether and how ICOs should be regulated.
10/22/2018
World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe
Dubbed the Cumex Files, the investigation reviewed 180,000 secret documents from banks, stock traders and law firms over a period of more than a year.
10/22/2018
Returning expats face property tax bombshell
Wales and Scotland have different rules on stamp duty.
10/21/2018
Swiss banking secrecy rule dealt setback in month to forget
Swiss tax authorities announced they’d shared details on 2mn accounts with other countries for the first time as part of rules on information exchanges introduced last year.
10/21/2018
Whistleblowing About Swiss Banks' Bad Behavior Just Became Safer
Another whistleblower whose life has become very difficult after leaking is Rudolf Elmer.
10/21/2018
Mauritius Government Strengthens
This article discusses the enhanced measures implemented to strengthen the anti-money laundering legislative framework through the Financial Intelligence and Anti-Money Laundering Act.
10/21/2018
OECD issues guidance on 'golden passport' tax abuse
Financial institutions need to ask additional questions to prevent residence and citizenship by investment schemes being used as tools to hide assets from the tax authorities, the Organisation for Economic Cooperation and Development has said.
10/21/2018
Tax authorities update tax haven guide
Countries are deemed to be tax havens or to have a preferential tax regime if they apply a special beneficial tax regime to nonresidents (either companies or individuals) with a view to attracting capital and/or investment.
10/19/2018
Raymond James loses chance to snuff a lawsuit on upcharging fees
The lawsuit alleges that the firm overcharges, sometimes by up to ten times, its “processing fees” in certain accounts, according to the lawsuit.
10/19/2018
Rich Russian Kids Throw Wads of Cash Out of Bentley, Prompting Police Investigation
Street musicians performing outside the city’s Gostiny Dvor shopping complex are heard yelling: “Look, they’re throwing money!”
10/19/2018
Carey Olsen and Vistra advise on first Guernsey Green Fund
Carey Olsen partner Ben Morgan led the team advising on the Guernsey Green Fund designation and was assisted by senior associate James Cooke.
10/19/2018
Q&A - Reform brings Luxembourg Securities Law to the blockchain age
Luxembourg has opted to embrace and adapt to these technological developments.
10/18/2018
Vistra further solidifies presence in Ireland
With offices in Dublin and Shannon, Vistra Ireland helps clients forge their future success in Ireland with a comprehensive range of service offerings: