10/24/2016
French bank sued over Gulf tycoon’s signature
A pair of aggressive American hedge funds is suing the French bank BNP Paribas
Legal,Regulation,Tax & Compliance
10/24/2016
Credit Suisse and Italian authorities agree to settle after offshore transfer investigation
A number of unnamed Credit Suisse executives were under investigation by the prosecutors in Italy for alleged money laundering activities.
10/24/2016
U.S. to seek ex-HSBC executive's extradition from Britain
The probe led to four banks last year pleading guilty to conspiring to manipulate currency prices.
10/24/2016
Sir George Martin's daughter claims fifth Beatle 'hid his fortune' to favour his other children
Mrs Stratfold has also accused her late father of having had a decades-long affair with a Hollywood screenwriter which he hid from his widow, Judy, until his death.
10/24/2016
‘Lions hunting zebras’: Ex-Wells Fargo bankers describe abuses
Wells Fargo would like to close the chapter on the sham account scandal
10/24/2016
Swiss unblock $140 mn after Italy tax fraud acquittals
On the basis of the recent acquittals in Italy, OAG released the funds blocked by law
10/24/2016
Treasury expected to water down reforms on offshore trusts
Government reconsiders removing exempt status from trusts
10/24/2016
Immigration vote ‘threatens Swiss private banks’
With less than four months to go, no satisfactory solution has been found.
10/24/2016
Cameron adviser reveals No 10's alarm at his holding in offshore fund
The Vietnam Enterprise Fund is run by Dragon Capital in Vietnam, but registered in the Cayman Islands.
10/21/2016
Saudi Prince executed for murder
He had been sentenced to death for the killing of his friend in November 2014, after he pleaded guilty at the trial.
10/21/2016
Exclusive: Swiss lobby U.S. ahead of UBS, Credit Suisse RMBS settlements
In a meeting this month with representatives from U.S. regulators, the Federal Reserve and the banking sector.
10/21/2016
Investec traders lose appeal over £6m bonuses
The traders, who left Investec in 2011, had claimed that they were due bonuses worth more than £6m
10/21/2016
International Tax e-briefing - Eversheds
Fundamental tax return proposals in Switzerland
10/21/2016
Global InSight - Deloitte
Moving together. Making tomorrow.
10/21/2016
G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes
The BEPS package endorsed by the G20 Finance Ministers in October 2015 contains the report on Action 14 (Making Dispute Resolution Mechanisms More Effective), which outlines the minimum standards and best practices for resolving treaty-related disputes un
10/21/2016
Swiss Top Diplomat Lobbies in Favor of Big Banks in the U.S.
With the verdict, all trust in the bank was wiped away and it has become the subject of speculation about its future.
10/21/2016
Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information
This marks a further milestone towards the implementation of the OECD/G20 BEPS Project and a significant increase in cross-border cooperation on tax matters.
10/20/2016
The Death Tax and the Recycling of Wealth
We decided long ago that we didn’t want to create an aristocracy in this country. I think that was and remains good policy.
10/20/2016
FINRA: Merrill's system failures produced millions of inaccurate trading records
Merrill Lynch settled the case without admitting or denying the charges, but accepted the entry of FINRA's findings into its disciplinary record
10/20/2016
U.S. Ambassador Tells Swiss Banks to Open Doors to Americans
The embassy declined to provide a copy of a letter she sent to bank executives, but Bloomberg BNA obtained a copy of it.