05/20/2017
Barclays Cartel Trader Ashton Draws $1.2 Million Fine From Fed
The Fed initially announced its plans to fine Ashton and bar him from the industry in August of last year.
Legal,Regulation,Tax & Compliance
05/20/2017
Cristiano Ronaldo facing tax probe with Real Madrid star accused of failing to pay full amount on £120million image rights
Spanish press say tax authorities looking into irregularities in returns between 2009 and 2011
05/19/2017
FATCA Leads To Record Numbers Of Americans Denouncing Citizenship
It serves no one, least of all investors and borrowers, to have fewer options in the capital markets.
05/18/2017
Wealth firm enters special administration
Strand Capital was bought by Optima Worldwide Group in 2014 for £982,389.
05/16/2017
Acquire a Second passport with a CBI program for High-Net-Worth Individuals
By owning nationality in a country with a high level of global access, you can circumvent the travel issues of your current nationality and remove the hassle and drama from international travel.
05/16/2017
Appleby advised China Everbright Greentech
This is the 15th Hong Kong listing Appleby has completed this year
05/16/2017
Banker loses case over £57k taken under UK-Swiss tax agreement
A Swedish banker who had £57,000 taken from her bank account by Credit Suisse to comply with the requirements of the former UK-Swiss tax cooperation agreement has lost a claim in the High Court for a refund of most of the levy from HMRC on the groun
05/16/2017
A “wealth tax” for South Africa? by Carmen Gers
This proposal comes two months after an increase in the top income tax bracket for individuals by 4% to 45%, resulting in an effective capital gains tax (“CGT”) rate for individuals of 18%. This should be seen on the back of the increase the C
05/15/2017
HK, UK regulators sign fintech agreement
Cooperation agreements are absolutely vital in fostering an environment of fintech innovation on a global scale.
05/15/2017
UBS: French Settlement After All?
A trial and the prospect of being convicted poses a credible threat to UBS.
05/15/2017
Independent law firms are stealing a larger share of the market
Traditional law firms will lose out to small specialists providing quality over quantity, says Bellwether Report 2017, Art of Success
05/15/2017
Ex-deVere South Africa manager wins court payout
The judge found in favour of Pennell, deeming his evidence “more credible” than Green’s.
05/15/2017
UBS Says Not Responsible For Bribes In $400M Swaps Deals
Judge Stephen Males ruled three years ago that UBS was not entitled to damages on the trades
05/15/2017
Herbert Smith Freehills - Financial regulation update
FCA advice on recent national cyber attack
05/15/2017
Gibraltar firm fined and directors banned over pension schemes
A Gibraltar financial services firm with links to the Panama Papers has been fined and had two of its directors banned for providing trustee services to pension schemes despite having been denied permission to do so by the regulator.
05/12/2017
Malaysia creates framework to drive digital investment management
Licensed portfolio management companies may provide digital investment management services if they satisfy all the requirements
05/12/2017
Malaysia’s 1MDB under Solomon Huges investigation
Coutts has got many fines from financial regulators around the world, is a British bank run by Tory lords and Conservative ex-ministers.
05/12/2017
Singapore, a Rising Home for Quiet Money, Comes Under Pressure
Singapore is now growing faster than Switzerland and is set to become the largest cross-border financial center in the world by 2028, the firm forecasts.
05/12/2017
Dividend Tax-Free Allowance Cut 'Risks Family Businesses'
The group called on the government to abandon the plan.
05/12/2017
Switzerland and Germany sign ‘no spying’ agreement: report
From now on, Switzerland will tell the German government if it wishes to conduct an anti-crime operation in Germany, and vice-versa.