10/16/2017
ASIC accepts enforceable undertaking from Sentinel Private Wealth
The EU follows an ASIC surveillance of SPW’s business, which was prompted by actions taken against two of its financial advisers.
Legal,Regulation,Tax & Compliance
10/16/2017
Gibraltar Publishes Draft Regulations for Blockchain Startups
Extensive work and research with leading industry experts then led to three public consultations on the subject
10/16/2017
Maltese journalist who exposed Panama Papers links killed by car bomb
One of the topics the veteran reporter examined was what the documents from the 2016 leak said about Malta.
10/14/2017
Communiqué of the Thirty-Sixth Meeting of the International Monetary and Financial Committee
We will refrain from competitive devaluations, and will not target our exchange rates for competitive purpose
10/13/2017
Herbert Smith Freehills - Financial regulation update
HMT: draft Risk Transformation Regulations 2017 for ILS
10/13/2017
BBC told to pay Boris Becker's fees to accountants handling his bankruptcy
Television chiefs hiring Boris Becker as a tennis pundit have been told to pay his fees straight to accountants handling his multimillion pound bankruptcy.
10/13/2017
Britain's rich offered anonymity to tell HMRC why they dodge paying up - in £80,000 taxpayer-funded study
Taxpayers will pay up to £80,000 for a research firm to interview both complaint and non-compliant individuals who are worth at least £10milion.
10/13/2017
SEC to Review Guggenheim’s Bob Diamond-Linked Investments
Guggenheim has been a shareholder of Diamond’s African banking venture, Atlas Mara Ltd., since its 2013 initial public offering.
10/13/2017
One of Britain's richest men inherits billions and avoids paying inheritance taxes
The Duke of Westminster's £8.3 billion fortune is believed to have been handed down to his son, Hugh Grosvenor
10/12/2017
Herbert Smith Freehills - Financial regulation update
Treasury letter on Brexit and financial services contracts
10/12/2017
Six Appleby Lawyers in Jersey Ranked by UK Guide
Jersey office Managing Partner Michael Cushing said: “We are delighted to have been recognised once again in the Legal 500 UK Guide for the work we undertake in Jersey."
10/11/2017
New AML regulations come into force
The adoption of the AML Regulations is part of the update of the Cayman Islands anti-money laundering regime following on from the updated Proceeds of Crime Law which took effect earlier this year.
10/11/2017
Herbert Smith Freehills - Financial regulation update
ECON approves Commission proposal to amend BRRD
10/11/2017
A spotter’s guide to tax-evaders Mike Down and Sarah Saunders
A recent HMRC survey of tax-evading SMEs has shed light on their motivations and methods. It also points to some possible deterrents.
10/11/2017
UBS Suffers Setback in Bid to Thwart French Tax Evasion Case
It could have been in a position to thwart the process.
10/11/2017
Russian oligarch had ‘sham’ offshore trusts, UK High Court rules
Former ‘Kremlin banker’ sheltered wealth in New Zealand with intention to mislead, says judge
10/11/2017
Presenting the Fall 2017 Fiscal Monitor: Tackling Inequality
The composition of spending is expected to improve with consolidation relying less on cutting capital spending and more on controlling current spending.
10/11/2017
British Film Financier ‘Demands Return Of US$45 Million Investment’
It shows the damage done to a Hollywood brand that for years was able to compete on equal terms with the major studios, winning the Oscar for best picture five times in 16 years.
10/10/2017
Herbert Smith Freehills - Financial regulation update
MiFID II: Updated transposition status
10/10/2017
FCA drops probe into former Barclays executive
It is common practice for the FCA ban individuals with a fraud convictions from holding regulated positions within the City.