06/24/2017
Secretive owners of Scottish 'tax haven' firms to be revealed
It should mean that the shadowy owners of Scottish shell companies may finally be exposed.
Legal,Regulation,Tax & Compliance
06/24/2017
Riddle of the ruins
The body of Michael Treichl was recovered from Lake Geneva last week
06/23/2017
Tax deductions: the why behind the giving
Tax efficiency appears not to be the most powerful driver of giving among affluent American households
06/23/2017
Australian whistleblowers could get access to bounties worth millions
Under the legislative proposal, corporations could be forced to pay compensation relative to the employee's salary or a lost promotional opportunity.
06/23/2017
FINMA imposes sanctions for insider trading and market manipulation
FINMA has also ordered the proceeds of the company's liquidation to be disgorged in full as unlawfully generated profits.
06/23/2017
Royal Bank to cut 450 jobs, mostly at head office, in banking's shifting landscape
Canadian banks have announced more than 5,000 job cuts tied to restructurings during the past three yearshifting landscape
06/23/2017
Bermuda under EU blacklist threat, claims Richards
Bermudians should regard this Code of Conduct Group as the ‘EU Blacklist Group
06/22/2017
Macquarie bankers drug colleague with valium and laxatives
The drugging is believed to have occurred between June 1 and June 10, 2011.
06/22/2017
Protection for Trusts Governed by Bahamian Law - Higgs & Johnson
The purpose of Section 8 of the TCGLA is to act as a ‘firewall’ to protect Bahamian law governed trusts from attacks mounted on familial disputes or forced heirship claims emanating from jurisdictions outside of The Bahamas.
06/22/2017
Woman loses £50m divorce fight after claiming husband 'set up sham offshore trust'
The pair, who have not been named, had already racked up lawyers' bills of more than £2.2 million.
06/22/2017
Edmond de Rothschild fined for alleged involvement in 1MDB scandal
The affair, however, is mentioned in the annual report published in June.
06/22/2017
Private bank granted bankruptcy ruling against Boris Becker
Representing Becker, advocate John Briggs had argued that Becker was hoping to raise €6 million (£5.2 million) by remortgaging a property in Majorca.
06/22/2017
Competition regulator greenlights £11bn Standard Life-Aberdeen merger
The Competition and Markets Authority launched an initial investigation into the merger in May but has decided not follow that up with a more in-depth review
06/22/2017
IMF: Working Together to Fight Money Laundering & Terrorist Financing
We both know that these global challenges cannot be resolved by countries working alone.
06/22/2017
EU’s new tax avoidance law to target Channel Island schemes
Schemes involving transactions to low tax jurisdictions such as Jersey and Guernsey will need to be reported to the European Union, under new legislation aimed at tackling tax avoidance.
06/21/2017
Accountants face fines for aggressive corporate tax planning under draft EU law
The proposal will need the approval of the European Parliament and all EU states to become law
06/19/2017
US intensifies fight against tax evasion via data mining
Agents pursue ‘leavers’ who moved Swiss bank accounts to other offshore centres
06/19/2017
EU pushes for reporting of offshore set-ups
Draft proposal to clamp down on aggressive tax planning schemes
06/19/2017
The 'diva of divorce' for the world's super rich
Attracting wealthy clients from around the globe there is often a mad dash between an estranged husband and wife to get to her first.
06/19/2017
U.S. Hunts Swiss Bank "Leavers"
The Internal Revenue Service was swamped with more than 45,000 Americans who have come clean on their offshore money when the tax office offered them an amnesty.