09/06/2018
Taxman accused of changing rules on stamp duty
Cornerstone Tax, a consultancy in Leicestershire, is dealing with ten cases a month compared to “almost none” six months ago.
Legal,Regulation,Tax & Compliance
09/05/2018
SJP investigates independence claims made by adviser
His FCA Register record, confirmed by SJP, shows he has been with SJP, and therefore restricted, since 2014.
09/05/2018
Switzerland’s banks try to put the past behind them
Despite a 2013 tax evasion deal with the US, some remain wary of the country’s lenders
09/04/2018
Former UBS trader jailed for Britain's biggest fraud faces deportation
The 38-year-old was detained on Monday following a routine visit to a Scottish police station, his spokesman, Nick Hopewell-Smith, said via email.
09/04/2018
HMRC considers opening 27 investigations for ‘serious’ tax evasion against some of the UK’s biggest businesses
The new corporate criminal offence of the Criminal Finances Act 2017 means that big businesses can be held criminally liable if they fail to prevent their employees
09/04/2018
Celebrity tax avoiders don’t deserve ‘pariah’ status
Black marks blocking UK honours not always fair
09/04/2018
Shamed banker branded ‘biggest rogue trader in British history’ faces deportation to Ghana
A Home Office spokesman said: “All foreign nationals who are given a custodial sentence will be considered for removal.
09/04/2018
Germany drops spy case against Swiss secret serviceman
Zinniker had been accused of commissioning private agent Daniel M. for espionage activities against German tax investigators and authorities in 2011.
09/04/2018
China Starts Sharing Income Data to End Global Tax Loopholes
Policy makers in Beijing are working to reform the income tax system
09/03/2018
Danish billionaire Povlsen to anchor £2bn Funding Circle float
Anders Povlsen, one of the UK's biggest landowners, is to snap up a 10% stake in the peer-to-peer lender, Sky News learns.
09/03/2018
Luxembourg lures asset managers ahead of Brexit
Close to 5,000 people now work for investment managers in the grand duchy
09/03/2018
Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment
The report says the financial outlook will also be shaped by China’s ability to manage risks relating to high indebtedness and leverage in its banking, shadow banking and wealth management industries.
09/02/2018
Deloitte Tax looks at executive comp guidance
The Treasury Department and the IRS anticipate further guidance will be issued in the form of proposed regulations and that the proposed regulations will incorporate guidance addressed in the notice.
09/02/2018
OECD releases fourth round of BEPS Action 14 peer review reports on improving tax dispute resolution mechanisms
A document addressing the implementation of best practices is also available for each jurisdiction that opted to have such best practices assessed.
08/30/2018
JPMorgan sues $14B Merrill team for 'bad-mouthing'
JPMorgan accuses the advisors of "bad-mouthing JPMorgan" to clients by making false statements about the firm's ability to serve investors.
08/30/2018
Credit Suisse Is Seeking Withdrawal From Debt Deal With Owner of National Enquirer
Representatives for Credit Suisse Group AG and American Media declined to comment.
08/30/2018
Chinese police arrest $5bn hedge fund fugitive who fled abroad
Authorities in unnamed country help seize FX Group chairman wanted over defaults
08/30/2018
Swiss cantons forced to fish for multinationals with non-tax lures
Geneva and Vaud would become considerably more attractive from a tax perspective
08/30/2018
Old Mutual gears up for regulatory change in the advisory business
These are big changes for advisory businesses
08/29/2018
US fines Basel Cantonal Bank for tax evasion role
Sensing the 2009 prosecution of UBS as a “business opportunity”, Basel Cantonal Bank engaged outside professionals to help them onboard US clients and their undeclared assets to its Zurich-based branch.