05/29/2017
Leak reveals Denmark's richest families have a quarter of their wealth stashed in tax havens
A broad majority in Parliament has joined colleagues in the EU in taking measures to combat the use of tax havens.
Legal,Regulation,Tax & Compliance
05/29/2017
Tiger Woods arrest: Repairing public image of former great will be big test
The fallout was devastating as it became apparent that he had been a serial adulterer.
05/29/2017
Commission adopts new rules to block tax avoidance
Stops companies abusing tax mismatches between countries
05/29/2017
Family Wealth Disputes: Preparation Is Key
The world's biggest smartphone maker Samsung and South Korea's other giant conglomerates are firmly in the sights of the country's new president Moon Jae-In - and analysts say he could succeed where many have failed.
05/28/2017
How Hong Kong can shed its reputation as a tax haven
Kalina Tsang says the government’s half-hearted attempt to enforce better information sharing with other jurisdictions to combat cross-border tax evasion does not go far enough, and it should be bolder
05/26/2017
BVI financial services licensees and professionals should prepare for the upcoming Caribbean FATF evaluation and national risk assessment
Under its mandate the regulator will focus on the implementation of four key policy areas: senior management oversight policies, control measures, record keeping measures, and staff training programmes.
05/26/2017
Withers represents Novak Djokovic on new sponsorship deal with Lacoste
The agreement follows on from a sponsorship relationship with the Uniqlo brand which commenced in 2012.
05/26/2017
SIX Financial Information sweeps the board at the Inside Market Data and Inside Reference Data awards
As the global regulatory landscape evolves, innovation is key to ensuring that market participants adjust seamlessly to new rules.
05/25/2017
Data Mining to Find Tax Cheaters
That Swiss bank account may be closed—but it’s not forgotten.
05/25/2017
Stockbroker fined S$9,000 for corruption in latest 1MDB-linked prosecution
The assets turned out to be two oil ships owned by PSOSL, and the clients, Ang found out later, were Bridge Partners Investment Management (Cayman) Limited and Affinity Equity International Partners Limited – companies controlled by Yeo and Mr Tan,
05/24/2017
Firm Targeting Nest Eggs of U.K. Expats Said to Face SEC Probe
About half of the salesmen in DeVere’s New York office have quit or been fired in recent weeks, they say.
05/24/2017
Funds industry warned over BEPS ‘collateral damage’ risk
Mr Mancini said industry bodies such as the BVCA and AIMA were providing a degree of pushback to ensure that exemptions for the funds industry were guaranteed, but BEPS still had a long way to evolve.
05/24/2017
Billionaire hedge fund manager Gets SEC Waiver to Keep Raising Money for Hedge Fund
A waiver from punishments that automatically kick in when individuals settle enforcement actions.
05/24/2017
The Beneficial Ownership Register In The Cayman Islands - Higgs & Johnson
The Laws are not yet in force but are expected to be passed in or around June 2017.
05/24/2017
FCA secures eight confiscation orders totalling almost £2.2 million
The Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity.
05/24/2017
Barclays hit with £1.6 billion insurance lawsuit
Barclays said it will vigorously defend the claim of £1bn in compensation and £600,000 for alleged misrepresentation.
05/24/2017
Messi Prison Sentence Stands After Supreme Court Rejects Tax Fraud Appeal
Charges were initially filed against the Argentine footballer in 2013.
05/24/2017
JFSC wins prestigious international award
The JFSC’s approach has adopted innovative solutions in the areas of interoperability, confidentiality and cyber security.
05/23/2017
Burden of wealth tax will likely exceed benefits, tax practitioners warn
As deadline for submissions to the Davis Tax Committee looms.
05/23/2017
Lexinta Strengthens Its Multi-family Office Services in Asia
The visa program is very popular in terms of tax and estate planning, whilst not forgetting the freedom of movement it can offer to an eligible family.