09/19/2017
FINMA closes down coin providers and issues warning about fake cryptocurrencies
The Financial Market Supervisory Authority FINMA has closed down the unauthorised providers of the fake cryptocurrency "E-Coin".
Legal,Regulation,Tax & Compliance
09/18/2017
Appleby joins Professional Alliance to support rebuild of BVI
Our thoughts remain with all those who have been affected by Hurricane Irma across the region.
09/15/2017
Update on the taxation of non-doms and offshore trusts - Saffery Champness
The second Finance Bill of 2017 was published on 8 September 2017.
09/15/2017
More changes afoot for partnership taxation
As expected, the draft legislation includes provisions aiming to remove uncertainty and provide clarity on the taxation of partnerships.
09/15/2017
Credit Suisse: Yet Another U.S. Settlement
The agreement with MassMutual settles claims pending in the United States District Court for the District of Massachusetts related to the sale of 19 residential mortgage-backed securities certificates in 2006 and 2007.
09/14/2017
Herbert Smith Freehills - Financial regulation
HMT policy paper on changes to the scope and administration of the Bank Levy
09/14/2017
Countries are using tax policy to drive growth, reduce inequalities and promote behavioural change
The report identifies major tax policy trends and highlights that tax is increasingly being used as a key policy lever in the inclusive economic growth strategies of many countries.
09/14/2017
Alleged Swiss spy to go on trial in Germany next month
The state had purchased a stolen data CD containing details on German clients of Swiss banks
09/14/2017
U.K. Investment Firm: Central Bankers Should Clamp Down On Bitcoin
On Tuesday, U.K. investment firm, Schroders, agreed with the Chinese without praising them directly.
09/14/2017
Swiss Life speaks to DOJ about possible tax evasion by U.S. clients
Swiss Life said the inquiry related to its cross-border business with U.S. clients.
09/14/2017
Swiss bank lobby urges government to toughen stance on EU equivalence
The association advocates open markets and insists on recognition by the EU of equivalence for relevant Swiss laws.
09/13/2017
Cristiano Ronaldo hires Manchester United boss Jose Mourinho’s lawyer to help with tax fraud allegations
Real Madrid hitman is still involved in a court case after being accused of not paying £13.1million to the Spanish authorities By Lee Astley
09/13/2017
Spain probes ICBC’s European unit over money laundering
The Luxembourg unit of ICBC holds the lender’s EU bank licence and is responsible for supervising the Madrid branch.
09/12/2017
Why SFTR compliance is an opportunity for greater data insight by Paul Burleton, GFT
Clear driving principles of data ownership will be key in order to address data quality, timeliness and accuracy.
09/12/2017
Merrill Lynch Pays $60000 Fine for Inappropriate Order Limits in Australia
The MDP found that, from October 2010 to June 2016, MLAF had inappropriate limits to varying degrees in respect of number of pathways to the ASX 24 Market.
09/11/2017
Barclays’ email raises questions on banks’ ‘no-poach agreement
US regulators examining whether UK bank promised JPMorgan it would not hire its staff
09/11/2017
Swiss Crypto Valley Association Calls for ‘Careful’ ICO Regulation
Noting that four of the five highest-grossing ICOs have been launched in Switzerland
09/08/2017
State Street agrees $35m fraud settlement with SEC
Complaints related to hidden mark-ups and lack of disclosure over an electronic platform
09/08/2017
World Tax Advisor - Deloitte
Connecting you globally.
09/08/2017
Switzerland plans to overhaul corporate tax regime
Switzerland’s Federal Council has started a new consultation on an updated package of corporate tax reform