12/23/2015
Hardouvelis to be probed over wealth declaration
The case concerns a period before he became minister, when he was an economic adviser to interim Prime Minister Lucas Papademos.
Legal,Regulation,Tax & Compliance
12/23/2015
Ex-Morgan Stanley Adviser Avoids Prison Over Theft of Data
The lawyer begged the judge not to send his client to prison, saying Marsh has rediscovered his faith, is volunteering at a soup kitchen and working as a consultant to a startup software company.
12/23/2015
East Anglia law firm regional winner at Wealth & Finance magazine’s Finance Awards
Regional law firm Birketts has added to its 2015 awards haul by winning the “Best for Business Law – East England” title at Wealth & Finance magazine’s Finance Awards.
12/23/2015
Five of world's biggest investment banks pay no UK corporation tax
JP Morgan, Bank of America Merrill Lynch, Deutsche Bank AG, Nomura Holding and Morgan Stanley make billions in profit in Britain – but analysis reveals their UK arms paid not a penny of business levy in 2014
12/23/2015
States of Jersey Common Reporting Standard - Deloitte
Draft Guidance Notes Released
12/23/2015
China regulator to revoke banks' private fund management qualifications
The banks had registered to conduct private fund management with China's asset management association earlier this year, data from the association show.
12/22/2015
Ex-Libor trader Tom Hayes has sentence cut on appeal
This court must make clear to all in the financial and other markets in the City of London that conduct of this type
12/22/2015
SEC Proceeding With Amended Case Against Stevie Cohen
The civil case led by the SEC has been on hold since July 2013
12/22/2015
Jersey Residential Property Update | December 2015
The Appleby Property team has produced a number of articles for the local press in the past few months. In case you missed the articles first time around, this update provides a link to them. We hope you will find these articles interesting and informativ
12/22/2015
Wealth Management Thematic Review December 2015
The review set out to investigate how wealth management firms and private banks have implemented the regulator’s previous work in this area.
12/22/2015
Australia ramps up focus on offshore tax evasion
It has also compiled a list of 100 advisers and promoters operating globally that have a direct link with people who may have evaded taxes.
12/22/2015
Martin Shkreli fired as CEO of KaloBios Pharmaceuticals
It was halted about 10 minutes after news of Shkreli's arrest on fraud charges.
12/22/2015
Fifa: Sepp Blatter and Michel Platini get eight-year bans
Fifa president Sepp Blatter and Uefa boss Michel Platini have been suspended for eight years from all football-related activities following an ethics investigation.
12/22/2015
'Diamond' Joe Gutnick loses $56 million legal battle
Mr Gutnick is personally on the hook for $US28.05 million of the $US40.4 million total award by the Supreme Court of Victoria in favour of Indian Farmers Fertiliser Cooperative and its subsidiary Kisan International Trading.
12/22/2015
India to Sign Agreements With Singapore, UAE and Hong Kong to Get Information on Illegal Bank Accounts
The CBDT spokesperson further revealed that AEOI will help create an environment of transparency between 75 countries that have signed the MCAA
12/22/2015
Swiss “justified” in giving UBS bank data to US
UBS was fined $780 million
12/21/2015
Swiss private banking group seeks deal With US To Settle American Offshore Accounts Case
Will meet with U.S. officials in the coming week for negotiations, the report said.
12/21/2015
US expats warned on new tax law
Under the new act set to take effect on 1 January 2016, the Internal Revenue Service (IRS) will compile a list of Americans in violation of the new rule.
12/21/2015
Time is Marching on for CRS Deadlines
The new regulations take effect on 1 January 2016.
12/21/2015
Rothschild agrees in US tax dispute
Banks already under criminal investigation related to their Swiss-banking activities and all individuals were expressly excluded from the program.