02/15/2017
10 people have been arrested in connection with a €25 million international gold smuggling ring
The group members are accused of being part of a criminal organisation involved in gold laundering in Italy.
Legal,Regulation,Tax & Compliance
02/15/2017
EU Panama Papers Inquiry Chief Condemns U.K. No-Show
It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee
02/15/2017
Smith & Williamson Jersey transfers trust business to First Names Group
The Jersey office of Smith & Williamson continues to offer a full range of tax, accounting and investment and management services.
02/15/2017
Tougher stance on EU country-by-country reporting
This week the European Parliament’s Committee on Economic and Monetary Affairs put forward plans to reduce the turnover threshold for country-by-country reporting from €750m to €40m – highlighting a much tougher stance on tax avoidan
02/14/2017
8 Things Advisors Can Learn From Johnny Depp
As it only covers money in retirement accounts.
02/14/2017
Wall Street Needs to Put All Clients First
The fiduciary rule shouldn't apply just to retirement accounts, it should apply to all investment accounts, no matter the size and type.
02/14/2017
Guernsey Advances Asian Push
The jurisdiction is keen to promote itself as a financial centre to Asian based clients.
02/14/2017
Trader's Zurich Banker
But the deal fizzled last year under mysterious circumstances.
02/14/2017
Helen Ruelle Wins Bronze Citywealth 'Women of the Year – Rising Star' Award
As a firm that prides itself on its strong focus on career progression, for the quality of our lawyers to once again be acknowledged is highly rewarding.
02/14/2017
Jersey in strong position ahead of EU screening exercise
Jersey is one of over 90 jurisdictions to have recently been written to by the Chair of the Group.
02/14/2017
Defending the interests of tax dodgers
The end goal is to persuade clients to come clean by entering voluntary disclosure schemes.
02/14/2017
Death knell for tax haven? Switzerland loses lustre, companies to head for departure lounge
The government is at pains to find a solution at a time when countries such as the U.S. are seeking to gain a competitive edge with their own business tax reductions
02/14/2017
Offshore crackdown: a taxing time for the law?
HMRC has a considerable arsenal of powers at its disposal in this battle
02/13/2017
Observers wary of FCA illiquid fund rethink
Some emphasised the principal issue remained the disconnect between illiquid assets and open-ended funds offering daily dealing.
02/13/2017
Trump deregulation to have little impact on private banks
UBP head of private banking acknowledges compliance is an ever present cost, but still targets higher growth in Asia region
02/13/2017
After Brexit, the UK tax system must not develop in isolation
The UK may be about to leave the EU but, in tax terms at least, it is not an island. Brexit and the evolving demands which will be placed on the UK tax system provide a once-in-a-lifetime opportunity to review tax policy and to create a tax system which i
02/13/2017
Asset managers named in list of potential closet trackers
Schroders, Fidelity, JPMorgan, Henderson and Amundi highlighted by campaign group
02/13/2017
Swiss Reject Tax Reform, Threatening Country’s Competitive Edge
The result was a clear sign to lawmakers that such proposals needed a social balance.
02/13/2017
Swiss voters reject corporate tax reforms
Bern must rethink rules after 60% dismiss proposal to cut overall rates in referendum
02/12/2017
CISE set to rebrand as TISE
The Exchange, which is headquartered in Guernsey and opened an office in Jersey at the start of 2015, will also launch a presence in the Isle of Man during next month.