08/07/2017
Hedge fund manager charged for scamming investors out of millions
Among the alleged victims are a tight-knit group of relatives
Legal,Regulation,Tax & Compliance
08/07/2017
Hong kong singapore and china get tough tax havens
In an effort to create a ‘level playing field’, Asian economies are committing to new standards of transparency
08/04/2017
CRS/FATCA Deadline in the Cayman Islands: Final Extension
Deadline for new Notification (Registration) and Variation of Reporting (Notification) Obligations for US FATCA/CRS
08/03/2017
Fidelity and Investec sign LGPS code of transparency
It comes after funds encountered difficulties in getting such data from asset managers.
08/03/2017
PwC fined for Merrill Lynch compliance failure
PwC failed to fulfill its obligations during a period when Merrill Lynch exposed billions of dollars of customer assets to claims of its creditors.
08/02/2017
Cutting IHT bills with the Residence Nil-Rate Band
For many families, their biggest exposure to inheritance tax, and their most important asset, is the family home. To help people reduce their inheritance tax bills, the new residence nil-rate band is being phased-in from 6 April 2017. We explain how to ma
08/02/2017
Family Offices Included as ‘Investment Advisers’ Under IPO Allocation Rule 5131(b)
FINRA notes in the Letter that Family Offices may perform equivalent functions to regulated investment advisers, including investing the assets of a pooled investment vehicle or providing other forms of investment advice.
08/02/2017
A Legal Guide for Business Investment and Expansion: Ghana
The GIPC is the main government agency responsible for the encouragement and promotion of investment in Ghana.
08/02/2017
Would a Territorial Tax System Help Investors?
Total shareholder return likely would rise only slightly if repatriated, foreign-earned profits were no longer taxable in the U.S., a study finds.
08/02/2017
International law firm battles global uncertainty to realise record revenues with five per cent growth
Firm reveals FY17 results
08/01/2017
Deloitte Channel Islands Tax Bulletin 2017
Guernsey has also released notice 2017/5 which provides further detail on the application of CRS and US FATCA to pensions schemes.
08/01/2017
Global Tax Digest - Eversheds
Italian Procedure Allows Voluntary Disclosure of the Existence of a PE
08/01/2017
HSBC in Wider ‘Criminal’ Tax Probe on Swiss Private Bank
Most of the tax authority investigations concern HSBC’s Swiss private bank.
07/31/2017
Another International Rogue Bank Ordered Shut
The provisional winding-up order for Saab Financial Ltd. was issued in April but only recently came to light.
07/28/2017
Canaccord Genuity avoids substantial damages in lawsuit
The company is set to pay a now-closed Greek introducer broker, Medsted Associates, nominal damages after a court ruled it was in breach of contract.
07/28/2017
New UK Offences of Failure to Prevent Facilitation of Tax Evasion – looming deadline
Businesses will not be liable for the offences provided they have established the defence by putting in place and maintaining “reasonable prevention procedures”.
07/27/2017
Closer Swiss-Singapore cooperation in financial sector
The Finance Minister of Switzerland, Federal Councillor Ueli Maurer, who visited Singapore recently with a high-level delegation, highlights the benefits of broadening and deepening bilateral financial relations in an exclusive interview.
07/27/2017
Natixis Asset Management fined €35m for overcharging investors
French watchdog identifies failings connected to fund house’s redemption fees
07/27/2017
Privacy Controls - Giving Clients Control Back
Updated Privacy Controls - Giving your clients the control they expect
07/26/2017
Wealth managers must prepare for the age of transparency
The European economy is approaching a cliff edge, but it’s nothing to do with Brexit.