05/12/2017
Four arrested in connection with Guernsey’s Providence funds
Collapsed investment fund: Four arrested for fraud
Legal,Regulation,Tax & Compliance
05/12/2017
Non-dom tax changes: no need to panic
All of these proposed changes have been dropped from the Finance Act 2017 in anticipation of the General Election.
05/11/2017
FSB publishes Global Shadow Banking Monitoring Report 2016
Market-based finance provides important diversification of the funding sources which support the real economy
05/11/2017
Spooked by inheritance tax fears, Indian high net worth individuals are opting for family trusts
That’s the new avatar of the Indian richie rich.
05/11/2017
Paul Pogba and Mino Raiola have ensured the taxman can't get his hands on the Manchester United star's image rights money
Pogba’s name and image were registered as international trademarks to the company in July 2016.
05/11/2017
Eversheds Sutherland Global Tax Digest
Germany: New draft bill on requirements for documentation and recording of transactions with affiliates
05/11/2017
Minority Protections and Exit Options for Family Offices Considering Direct Private Investments | Publications
Normally, liquidation preferences are set at the rate of the initial investment
05/11/2017
Norway's $940 billion wealth fund eyes possible repatriation of tax haven subsidiaries
The fund was not cited in the Panama Papers and there is no suggestion that the fund has done anything illegal.
05/11/2017
World Bank climate boss wants to ‘activate trillionaire investments’ under Paris Agreement
Building on this week’s climate talks in Bonn, the event is designed to lay the foundations of the new green economy derived from the 2015 Paris Climate Agreement.
05/10/2017
Data leak reveals details of 70,000 offshore firms in Malta
'Malta is the Panama of Europe,' says NRW minister Walter-Borjans
05/10/2017
The Global Privacy Handbook 2017: key developments in 58 jurisdictions across the globe
This Global Privacy Handbook offers a glimpse of notable privacy developments and emerging privacy issues and trends in 58 jurisdictions across the globe.
05/10/2017
Spear's rates Withers’ family team in Family Lawyers Index 2017
Recently appointed as head of the London family team after Julian's successful decade at the helm, Suzanne Todd is rated as ‘A superb lawyer who leads by example’.
05/09/2017
Tax traps for unwary immigrants
The test for citizenship is relatively straightforward.
05/09/2017
IMF Guides On Taxing Wealthy Taxpayers
The report points out that in 2015 an estimated 34 million HWIs worldwide had accumulated wealth of at least USD1m each.
05/09/2017
Advisers stand by Old Mutual amid replatforming U-turn
Nearly 90 per cent of advisers say they won’t shift platform despite provider backtracking on replatforming deal
05/08/2017
BEPS Action 13: OECD releases CbC reporting implementation status and exchange relationships between tax administrations
More jurisdictions will nominate partners with which they will undertake the automatic exchange of CbC Reports under the CbC MCAA in the coming months.
05/08/2017
Asset managers set to miss Mifid II deadline on research
Regulatory uncertainty has been one driver of fund firms’ delay in facing up to the changes.
05/08/2017
Cautionary fraud tale for pro athletes with sudden wealth
They want to avoid joining a long list of pros who have been steered into questionable investments.
05/06/2017
OECD launches facility to disclose CRS avoidance schemes
In total, 100 jurisdictions have agreed to start automatically exchanging financial account information in September 2017 and 2018, under the CRS.
05/04/2017
Married banker, 36, ‘pimped out’ to wealthy Arab client in bid to land £25m account
The woman claimed the client bombarded her with love songs and inappropriate text messages