12/04/2015
Peter Canale Avoids Prison in Swiss Bank Tax Evasion Case
His brother Michael Canale, a retired U.S. Army surgeon, was sentenced in 2013 to six months in prison
12/03/2015
The report urged the UK to use its ‘control’ over the territories
12/03/2015
SEC Revives Failure To Supervise Case Against Billionaire
The failure to supervise charge will now move to a hearing, set to begin in mid-December.
12/03/2015
International law firm Launches First of its Kind Legal Tax Service
This service comes shortly after the recent launch of the firm’s MiFID2 Manager online tool earlier this month.
12/03/2015
Small Zurich-based wealth manager landed in middle of controversy around Malaysian government fund
12/03/2015
They violated professional auditing standards by failing to take reasonable steps to determine that an agreement with the lessor
12/03/2015
An agreement by all territories' leaders to keep central registers of company ownership comes more than a year after Prime Minister David Cameron encouraged them to create public registries.
12/02/2015
Senior finance professionals in Asia heard about Jersey’s strength in funds, capital markets and private wealth at a number of events hosted by Jersey Finance in the Far East earlier this month.
12/02/2015
The ongoing nature of the case indicates the SEC believes it can succeed in showing Cohen bred a culture that fostered and even rewarded insider trading.
12/01/2015
Standard Bank to pay $25m to settle bribery case
This indictment, pursuant to DPA proceedings, was immediately suspended. This was also the first use of section 7 of the Bribery Act 2010 by any prosecutor.
12/01/2015
Harneys acts for Virgin Group
Virgin is a leading international investment group and one of the world's most recognised and respected brands.
12/01/2015
She could even go to prison for up to two and a half years. At age 86, that is a daunting prospect.
12/01/2015
Galvanised by a scandal over Vatican finances Francis is pushing for more openness and transparency
12/01/2015
The FCA is set to investigate how well fund houses control costs for the end client, as part of its market study into competition and consumer value in the asset management sector.
11/30/2015
Bermuda wins Solvency II equivalence - Appleby
This is hugely significant for Bermuda and means that Bermuda commercial (re)insurers and insurance groups supervised in Bermuda will not be at all disadvantaged in operating in Europe (or indeed elsewhere on the globe) when Solvency II takes effect on 1
11/30/2015
BTG Pactual replaces Esteves as chief
In a letter sent to clients on Friday, Arida said the bank was on solid footing and not part of any investigation.
11/30/2015
Truthdigger of the Week: Offshore-Banking Whistleblower Hervé Falciani
After Falciani, then an IT expert at HSBC’s Swiss bank, hacked into the bank’s customer files in late 2007 he triggered a major scandal, exposing stunning corruption within an industry built in the shadows.
11/30/2015
In this issue, we review the Public Guardian's updated version of its guidance on LPA's and discretionary investment management, summarise latest cases from the Court of Protection (including those on foreign issues) and examine LPA's in re
11/30/2015
Speaking about the effects of the FCA’s market study, which has been welcomed by many in the industry, McCarthy hopes that it may lead to more technology investments by asset managers.
11/30/2015
International Law Firm Boosts Private Client Team
joins the firm as Head of Contentious Trusts from Wragge Lawrence Graham & Co