02/19/2018
This spirit of cooperation is coupled with the teeth of enforcement, as the enactment of the UK Criminal Finances Act, extends extraterritorial reach to individuals and entities that fail to implement policies and procedures to prevent the facilitation of
02/19/2018
She’s also pledged 200,000 rand to the first Gupta bodyguard who calls the authorities to reveal his location
02/16/2018
The development comes in the same week as the Zurich-based bank reported a net loss of $1bn for 2017, largely attributed to American income tax expenses.
02/16/2018
It made fresh allegations against Modi to the CBI, according to PTI.
02/16/2018
Wealth firm director ordered to pay $400,000
Director excluded from financial services industry for five years and agrees to pay $400,000 to financial literacy fund
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."