02/14/2018
Despite the picture painted in the BBC’s recent McMafia series, the UK is not necessarily awash of dubious foreign wealth. But what is the UK doing to clampdown on money laundering and increase transparency?
02/14/2018
MNE groups with annual consolidated group revenue in the preceding financial year of US$850 million or more with a Cayman entity in the group are caught.
02/14/2018
Global advisory and fund administrator establishes Guernsey private client offering
The new licence sees former Partner of Maitland Advisory LLP (the group’s London law firm), Iris Harvey, take on a new role as Director of Private Client Services for Guernsey.
02/14/2018
How convicted international fraudster launched a bogus edition of the reputed Financial Times to rake in millions of dollars in advertising revenue and barter deals from luxury retail brands and top hospitality groups
02/13/2018
Various reports cited London as a money laundering haven, but the UK Government was conspicuously silent on the issue, turning a blind eye as millions of dollars poured in.
02/13/2018
Rogue tax official arrests show CRS risks
The arrest of seven tax officials in Argentina accused of selling data has highlighted the risks of sharing tax information globally.
02/13/2018
The law has given immense tax breaks to the country's wealthiest people.
02/13/2018
Steven Cohen’s Investment Firm Accused of Hostility to Women
The lawsuit offers a rare glimpse inside the $11 billion firm, which is run by one of Wall Street’s most fabled traders and is a huge source of business across the banking industry.
02/13/2018
There are many ways to potentially source high-net-worth clients.
02/13/2018
She further argues that Laver and other litigants in the class-action suit who didn't take the offer to join Wells Fargo aren't owed anything because of the deals they reached with other firms.
02/13/2018
Meanwhile its unfortunate sole director, restaurateur Joel Kissin, had lent the business a hefty £2.4m in an unsecured loan.
02/12/2018
A former Credit Suisse wealth manager has been handed a five-year jail term for a fraud worth tens of millions of Swiss francs.
02/12/2018
WealthAbility's mission is to provide successful small business owners and investors with "Way More Money, Way Less Taxes and Financial Freedom Faster."
02/12/2018
The scandal came to light after members of George Eleftheriou's team wrote a letter to his boss, Brian Colquhoun
02/12/2018
"We have tried to establish ourselves as the Switzerland of family trust companies. They bring very high paying, white color jobs here."
02/12/2018
“All regulatory reviews were closed without any action against Credit Suisse,” it said.
02/12/2018
This report summarises our key areas of focus, and highlights examples of good and poor practice,” the FCA adds, noting that it is based on a number of “cross-firm reviews on themes related to alorithmic trading.
02/11/2018
U.S. shareholders are bringing a class-action suit against Credit Suisse – and against Chief Executive Tidjane Thiam.
02/10/2018
The impressed Staten Islander couldn’t know what he alleges is the truth: There was no production, no product, no patent.
02/09/2018
A Credit Suisse spokeswoman tells the newswire that the suit has no merit and that it’s standard practice for Wells Fargo and other brokerages to cover the deferred compensation of new hires in such instances.