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.
Legal,Regulation,Tax & Compliance
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.
05/12/2017
Four arrested in connection with Guernsey’s Providence funds
Collapsed investment fund: Four arrested for fraud
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.