04/03/2017
Law firm at heart of Panama Papers now a shadow of its former self
Panamanian prosecutors are investigating the Panama Papers, although no one has been convicted yet.
Legal,Regulation,Tax & Compliance
04/03/2017
India steps up black money hunt; seeks Swiss details of over 10 persons
Under its local rules, Switzerland provides a final chance to the concerned persons and entities before sharing the information about suspected cases of tax crimes with any foreign jurisdiction.
04/03/2017
Credit Suisse is touting zero tolerance on tax evasion in newspaper ads after office raids
None of the assets seized came from Credit Suisse.
04/03/2017
Do Swiss banks, teachers and Geneva have an image problem?
Are teachers in Swiss schools too Swiss?
04/03/2017
Banks Snubbing Belgian Diamond Trade: AWDC
The banks’ rationale is that the diamond trade carries a high risk, the AWDC said.
04/03/2017
HSBC’s new compliance rules require clients to provide more account information
Increased information disclosure is part of bank’s rigorous compliance plan to meet enhanced anti-money-laundering requirements in the US and Europe
04/03/2017
CIBC Bid For PrivateBancorp: A Very Bad Deal For CIBC Shareholders
Canadian Imperial Bank of Commerce is correctly valued by the market (its intrinsic vale is equal to its market value).
04/03/2017
Vistra Expands Footprint in Germany
With the acquisition we hope to bridge the gap currently seen in terms of available service providers in the International Expansion market.
04/03/2017
FCA study prompts OMGI to overhaul 'Cirilium' fees
The change illustrates the pressure on asset managers to become more open around fees.
04/02/2017
Panama Papers around the world: What we know a year later
In the immediate aftermath, Iceland's prime minister was forced to resign after the leak showed his family sheltered assets offshore.
04/02/2017
Bankrupt O’Reilly sells off Bahamas haven for €12m
The house sold in recent weeks for $12.5m on the instructions of his bankruptcy trustee.
04/02/2017
Panama Papers boost tax battle, but no silver bullet
The leaking of the more than 11 million documents belonging to Panamanian law firm Mossack Fonseca kickstarted fresh government action against the secretive world of tax fraud and evasion
03/31/2017
Linklaters signs up with Obelisk to access flexible lawyer pool
Obelisk’s offer makes sense for our lawyers and our clients alike
03/31/2017
Dutch prosecutors seize gold bars, hunt for suspects in tax investigation
The Dutch government has passed information to the other countries
03/31/2017
Tax man to be quizzed about F1 deal
The Public Accounts Committee recently raced into the spotlight in sport when it investigated footballers avoiding tax on income from image rights.
03/31/2017
Swiss National Bank: «Yes, We're Big, But We're Not That Big»
Maechler conceded that Switzerland's currency-buying, which has resulted in reserves now outstripping the country's gross domestic product, is huge, but downplayed its influence.
03/31/2017
Australia identifies over 340 names with secret Swiss accounts
The message from these investigations makes it clear that governments worldwide are shining a light on offshore tax evasion, and it's only a matter of time before you're in the spotlight.
03/31/2017
Specialists to thrive as clients seek compliance
In short, legal, tax-compliant structures are the only way forward.
03/31/2017
Merrill Lynch launches case against ex-Miami team members
The two flagged their intention to leave with client details and envoke the protocol when resigning from Merrill.
03/31/2017
CS Offices Visited by Authorities
Then, the bank's Milan offices were searched by the tax police, reportedly over whether a Bermuda subsidiary of the bank helped wealthy Italians hide undeclared funds.