11/02/2017
Billionaire Accused Of Treating Assistant As Sex Slave Slapped With Slander Suit
The Chinese Billionaire Accused Of Treating His Personal Assistant As A Sex Slave
Legal,Regulation,Tax & Compliance
11/01/2017
Swiss Banker Loses Appeal
The POs issued have ranged from six years to lifetime professional bans.
11/01/2017
Swiss Banker Loses Appeal
MAS made clear it will take a tough line on banker integrity and proper conduct.
11/01/2017
Billionaire brothers lose £1.25bn tax case against HMRC
Supreme court rules the taxman will not have to repay Barclay-owned Littlewoods more than £1bn in interest on historic VAT overpayments
10/31/2017
Guernsey Set To Cut Tax On Mansions Over £1.5M
The Motivation For Moving To Guernsey Has Been Less And Less Based Around Tax Arguments
10/31/2017
Celebrities Sue Over Failed Tax Avoidance Ruse
Eclipse 35, One Of The Biggest Partnerships, Was A Tax Avoidance Scheme
10/31/2017
S&P hit with historic court decision
SPB is also pursuing similar class actions concerning SCDOs issued by Lehman Brothers Australia, ANZ and Oakvale Capital.
10/31/2017
HMRC in ‘landmark’ ruling against avoidance scheme used by wealthy
The arrangement created a tax loss for investors that they could offset against other income.
10/30/2017
Catering for elite, leaving staff with bitter taste
They had gathered at the National Gallery of Victoria for a private viewing of a travelling Dior exhibition.
10/30/2017
‘Unacceptable’ tax havens set to close and end ‘era of MISTRUST’ says accountancy firm
The UK tax collector HMRC is under increasing pressure to put an end to tax avoidance, which is currently legal, whereas tax evasion is.
10/30/2017
STM Group CEO arrested in Gibraltar
In a statement to the London Stock Exchange, STM Group didn’t name the client, but said the matter involved a dispute that took place between 2008 and 2013, and concerned Kentish’s role “as a professional director of a client company of
10/30/2017
Raiffeisen bank under financial regulator scrutiny
Raiffeisen has around 3.7 million clients and 955 branches in Switzerland.
10/30/2017
Elaborate fake gold bar sparks investigation by RBC, police
The small bar he was provided looked as if it had come from the Royal Canadian Mint, however, upon closer inspection, it was found to be a fake.
10/29/2017
Withholding tax refund rules should be expanded
In Switzerland, corporations are required to withhold tax at source on any payment of interest or dividends they make.
10/29/2017
Do You Own UK Residential Property Through An Offshore Company?
Since offshore companies are now caught by the changes to the UK tax rules, offshore company owners may wish to examine their current structures to determine whether they are tax efficient.
10/29/2017
UBS to move 250 London staff because of Brexit
Number expected to be lower than 1,000 initially feared
10/27/2017
Lawyer wakes up $25M richer after hilarious bank blunder
When NAB accidentally pays out your entire mortgage.
10/27/2017
ASIC expands network of fintech cooperation agreements to Switzerland
‘This agreement cements an already strong relationship with FINMA, and we look forward to ongoing collaboration in the fast-paced fintech environment in both countries.’
10/27/2017
Herbert Smith Freehills - Financial regulation update
FCA reforms to the Listing Regime and equity IPO process
10/27/2017
UK asset managers under pressure to boost capital buffers
Regulator wants fund houses to beef up reserves by an additional 82% on average