05/06/2016
China Warns Asset Managers About 'Ponzi Scheme' Risks
The risk from pooling money is that cash from new investors can be used to repay existing investors, as occurs in the scams named after Charles Ponzi.
05/06/2016
I have never had a bank account with HSBC nor have I been a client of that bank
05/05/2016
Court accuses Adriano of tax fraud
Upon signing for Barca in July 2010, the left-back exclusively sold his image rights to Barca for €435,000, which increased to €595,000 euros in the 2014-2015 season.
05/05/2016
Record-high penalty was for alleged misselling of Lehman Brothers products
05/05/2016
Dubai-based Bank Sarasin Alpen (ME) has been placed into liquidation by the DIFC Courts after it failed to pay US$35 million in damages to a group of Kuwait investors for mis-selling financial products.
05/05/2016
A leading financial resource on the aviation industry and market leader for aircraft finance news
05/04/2016
MAA Takaful is one of Malaysia’s 11 Islamic insurers.
05/04/2016
The New York attorney general, Eric T. Schneiderman, announced a $7 million settlement with Mr. Rosen on Tuesday for failing to pay taxes on $80 million in artwork that he had bought or commissioned since 2002.
05/04/2016
The Supreme Court held that it was capable of applying a purposive interpretation to the relevant ITEPA rules and that, in doing so, the shares were not “restricted securities”.
05/04/2016
The onus is now very much on us and the firms that Bermuda hosts to ramp up our international lobbying and public relations efforts.
05/03/2016
Previously unreported papers—part of a leak from HSBC’s private bank in Geneva—known as the Swiss Leaks reportedly show how Moussaieff had links to offshore companies and to trusts registered outside the UK.
05/03/2016
DLA Piper has announced that 48 lawyers have been promoted to its partnership. The promotions are effective as of 1 January 2016 in the United States and 1 May 2016 for EMEA and Asia Pacific. The promotions were made across a wide spectrum of practice are
05/03/2016
Barclays last week said it had entered into exclusive talks with AnaCap Financial Partners over the sale of its French retail banking operations
05/02/2016
If the process is legal, why are we labelled a tax haven?
05/02/2016
Standard Chartered PLC has been conducting a probe into its bankers’ conduct, including cases of padding expense reports and improperly lending money to colleagues
05/02/2016
Onshore might be about to become de rigueur, and the UK stacks up rather well, says Andrew McNally
04/29/2016
From 1 October 2016 a special Voluntary Disclosure Facility will open which will allow natural persons, corporates and close companies, which are resident in South Africa, to disclose previously undisclosed foreign assets and income to regularise their t
04/29/2016
Switzerland has attracted unprecedented scrutiny from foreign authorities in recent years
04/29/2016
CMS has added 31 partners across 22 offices globally, in addition to two director appointments in Scotland. Women represent over 39% of the firm’s promotions, spread across a number of practice areas and jurisdictions
04/29/2016
Offshore Tax Bulletin