08/08/2018
Cyprus targets tax avoiding letter-box companies
These guidelines are due to be incorporated into the Central Bank’s Anti-money Laundering Directive in the near future.
Legal,Regulation,Tax & Compliance
08/08/2018
Jersey launches consultation on tax residency claims
They published proposals are part of a consultation, which officials say would allow the island to meet the commitments made in 2017 to the EU Code of Conduct Group on Business Taxation.
08/08/2018
Trends in Corporate Jet Financing in Asia: an offshore perspective
In this article Ms. Roman looks at recent trends in financing corporate jets in Asia, as well as where aircraft are being registered offshore.
08/08/2018
The rise of the bean counters
Veteran consultant Andrew Wileman reviews Richard Brooks' book Bean Counters: The Triumph of the Accountants and How They Broke Capitalism.
08/07/2018
Offshore? Yes. Off Limits? No. Asset Recovery in Paradise
The current trend in legislative reform and judicial thinking, some examples of which are identified in this article, is firmly set against the abuse of offshore entities and has created a favourable climate not only for a beach holiday, but also in which
08/07/2018
Six global banks should face terror-funding claims by U.S. military vets - judge
Judge Pollak’s recommendation in Freeman v. HSBC must still be reviewed by the trial court overseeing the four-year-old case, presided over by U.S. District Judge Dora Irizarry.
08/07/2018
Pimco and BlackRock accused of subprime ‘profit gouging’
Founder of mortgage servicer Ocwen accuses asset managers of accelerating foreclosures
08/07/2018
More than two-thirds of Brits support 'wealth tax' to fund social care
This wealth tax could come in the form of higher council tax for those living in more expensive properties says Aegon.
08/07/2018
FCA Takes Action in UBS Rape Case
The former UBS employee was sexually molested by her manager
08/07/2018
Cyprus clamps down on shell companies
Tax residence benefits are only for businesses that have real substance, says central bank
08/07/2018
Impact investing – not just a feel-good story by Jacolene Otto
In essence, impact investing is powered by investors wanting to effect positive and sustainable change in developing societies and their environment.
08/06/2018
Indonesia is returning 1MDB-linked luxury yacht to Malaysia
The super yacht is said to be in waters off Batam, near Singapore
08/06/2018
HMRC takes record haul from UK’s most hated tax
Inheritance tax bills rise to £179,000 each
08/06/2018
GAM CEO defends suspended Haywood’s investment strategy
Earlier today, the Zurich-based company’s shares rose as much as 4.1% on the news
08/06/2018
Canaccord clients seek redress over film scheme
The wealth management firm will “vigorously defend itself” if claims are advanced
08/03/2018
Swiss can give bank client data to India in tax dodge case - court
The information sparked investigations in several countries and put Swiss banking secrecy in a harsh spotlight.
08/03/2018
Anaford on Private Client Global Elite List 2018
The Global Elite directory will be launched by Legal Week at a gala dinner to be held in London in October.
08/03/2018
French request for UBS banking data stopped by Swiss court
"The judgment is a big success for UBS, and it took a lot of effort. In a first hearing, UBS struggled to be named a party in the case and to access the French files," Jacquemart said.
08/03/2018
Trustee Survival Guide: Beneficiary Rights to Information - Navigating the Evolving Landscape
Personal data"’ means any data that relates to an individual who can be identified from that data
08/03/2018
Common Reporting Standard: anti-avoidance measures
Compliance with the CRS is not a choice; it’s an obligation. And the penalties for non-compliance are severe.