07/01/2016
The LIA argues that the bank took advantage of its financial naivety by first gaining its trust, then encouraging it to make risky and ultimately worthless investments.
07/01/2016
The UK Government is looking to introduce new Criminal and Civil Offences targeted at businesses involved in tax evasion. The measures are intended to address a perceived inability to effectively prosecute UK led businesses whose staff facilitate tax evas
06/30/2016
The World’s Top UHNW Lawyers
Whether it be tax or estate planning, these lawyers will have you covered.
06/30/2016
Choate, Hall & Stewart's Wealth Management Group Receives Top Rankings in High Net Worth Guide
Nan Giner and Jennifer Snyder Receive Top Individual Rankings
06/30/2016
Business taxes to remain low, personal taxes to rise after referendum?
Following the confirmation by the Chancellor of the Exchequer that there will be no immediate 'Emergency Budget' following the referendum result, there are nevertheless some clues as to the likely short-term changes in the UK tax system.
06/30/2016
The move will help diversify the pool of investors, bring in new asset management talent and deepen deregulation of the capital markets, CSRC said.
06/30/2016
In deciding the sanction, the SFC took into account BofAML Group’s full cooperation and the remedial measures it has now put in place to ensure future compliance with the Takeovers Code.
06/30/2016
As offshore tax enforcement remains a top priority for the Department of Justice, the DOJ Tax Division and the IRS are actively reviewing account information obtained from Category 2 banks
06/29/2016
The prosecution requested that UBS face trial for "aggravated laundering of tax fraud proceeds" while its French branch be judged for complicity in these crimes.
06/29/2016
Now that the immediate consequences of the referendum and Brexit have become a little clearer, we turn to consider the implications for HNWIs and senior executives.
06/29/2016
A key pillar of the project focused on ensuring transparency while promoting increased certainty and predictability.
06/28/2016
Foreign exchange markets opened amidst great volatility on Friday as it emerged that Britain had voted to leave the European Union.
06/28/2016
Switzerland as a haven for dirty money has long been a cherished picture painted by commentators in the Anglo-saxon world. With Brexit a reality, the cliché may soon apply to London more than anywhere else.
06/28/2016
All client relationships related to 1MDB have been fully closed in early 2015.
06/28/2016
The payout includes roughly $135.5 million of taxes, $402.1 million of interest, and $570.1 million of penalties.
06/27/2016
The industry has fought the good fight.
06/27/2016
However, British crown dependencies and offshore tax havens were ranked separately.
06/27/2016
Regulator in Mauritius sought help from Central Bank in its investigation into offshore hedge fund
06/27/2016
Control in this case, he says, doesn’t mean hiding information.
06/27/2016
Americans living abroad could have their passports revoked simply by being on an IRS list for owing taxes.