02/05/2018
He admitted it was currently unclear how Guernsey should best position itself to continue to do business with the UK post-Brexit, but was clear that the island was ‘part of the British financial family’.
02/05/2018
Changes included agreements with offshore low-tax havens such as Switzerland
02/05/2018
Speech by Andrew Bailey, Chief Executive of the FCA, at the Future of the City dinner.
02/02/2018
Bank banned from taking new private clients over failings on money laundering checks
02/02/2018
Swiss Private bank broke money-laundering rules in Brazilian cases: FINMA
FINMA has investigated more than a dozen Swiss banks in relation to the Petrobras and Odebrecht cases and launched four enforcement proceedings, one of which is pending
02/02/2018
There is no legal definition of an asset protection trust under the law of Bermuda or in most other jurisdictions.
02/01/2018
The ex-employee’s ruse was discovered when he tried to withdraw a larger sum that raised the alarm
02/01/2018
Even on that selective basis we cover some 50 decisions, ranging from first-instance interlocutory decisions, all the way through to decisions of the Privy Council.
01/31/2018
“Significant” regulation that requires individuals to explain to HM Revenue & Customs and the Serious Fraud Office (SFO) where their wealth came from has come into force.
01/30/2018
American Sentenced to Prison for Concealing Assets in Swiss Accounts
Failed to Report Foreign Financial Accounts with Value Exceeding $28 Million
01/30/2018
The SEC’s investigation was conducted by David Hirsch and supervised by Jessica Magee and Eric Werner in the Fort Worth Regional Office in coordination with the Enforcement Division’s Cyber Unit.
01/24/2018
The unfortunate consequence is that respect for both the rules, and those that apply them, dries up.
01/24/2018
Commenting on the transaction, Samuel Banks noted: “Blockchain technology will revolutionise the way we manage our identities and the way we conduct business, online."
01/24/2018
Wealthy men are cheating on their wives—with their accountants and lawyers.
01/24/2018
The Convention is the first multilateral treaty of its kind, allowing jurisdictions to integrate results from the OECD/G20 BEPS Project into their existing networks of bilateral tax treaties.
01/23/2018
Italian wealth managers respond to new regulations and millennials
Technology change is generating demand: simple products through new digital channels.
01/23/2018
The Swiss Financial Market Supervisory Authority (FINMA) also signed an MoU with the HKMA to enhance fintech collaboration with a view to facilitating financial innovation in the two places.
01/23/2018
The new law includes significant changes in domestic tax law.
01/23/2018
As a result, her worldwide income would be liable for taxation in Spain.
01/23/2018
But during closing arguments, Jeanneret took aim at claims that the 54-year-old banker never made money off his crimes.