11/02/2015
US overtakes Caymans and Singapore as haven for assets of super-rich
But financial secrecy index report notes if UK and affiliated tax havens such as Jersey were treated as one, it would top the list
Legal,Regulation,Tax & Compliance
11/01/2015
Global Forum on tax transparency pushes forward international co-operation against tax evasion
The imminent shift to the automatic exchange of information will send a strong warning to tax evaders.
11/01/2015
Grant Thornton settles lawsuit for $4.4 million
The company declared bankruptcy soon after the discovery that a Cayman Islands subsidiary had booked $4 billion in nonexistent cash and securities accounts.
11/01/2015
Justice Department Announces Four Banks Reach Resolutions Under Swiss Bank Program
Each additional agreement provides us with highly-detailed data on the accounts
11/01/2015
Switzerland Joins the Crackdown on Secret Bank Accounts
U.S. expatriates and foreign account holders often are unaware of the U.S. tax laws that apply to them.
10/30/2015
Oman’s largest sovereign wealth fund calls in Freshfields to sue Bulgaria
The fund held a 30% stake in KTB
10/30/2015
Tax Issues Take Center Stage For RIAs Focused On High Net Worth
U.S. investors are bemoaning the tax drain on their savings and seeking help to reduce the bite, Bloomberg Markets magazine reports in its December issue.
10/30/2015
Swiss Bank Cooperating With US, Swiss Probes of FIFA
Switzerland's attorney general Michael Lauber said last month he had reports of 121 suspicious accounts.
10/29/2015
IRS Has Gone Wild Over FATCA, But Watchdog Warns Of Compliance Glitches
The IRS says it is now swapping taxpayer data reciprocally with other countries.
10/29/2015
‘We do not second guess adviser judgements’: FSCS chief
The concern about moral hazard is, to my mind, even harder to justify when it comes to the provision of regulated advice, they know the limitations of their knowledge of financial matters and of product markets.
10/29/2015
Rogue traders named by FCA
The FCA claimed that individuals were using the name and business reference number of authorised firm Lackner Kurt, allegedly to try and dupe people.
10/27/2015
Inside the Secretive World of Tax-Avoidance Experts
A sociologist realized that if she were ever going to understand global inequality she would have to become one of the people who helps create it.
10/27/2015
Big Swiss banks face tougher capital rules if they grow - FT
His remarks come after Switzerland last week outlined tough new capital requirements for its two biggest banks to protect the economy from a major banking collapse.
10/27/2015
MiFID II to signal inducements endgame for UK asset managers
Most vigilant stance possible
10/26/2015
Britain to slash tourist visa price for Chinese visitors from 2016
The new measures include cutting the cost of a two-year multiple-entry visa to £84
10/25/2015
Swiss banks warned over global expansion
But the rules would be tightened if the banks expanded their global size or domestic market share — for instance via acquisitions.
10/23/2015
The taxman cometh
It promises to prise open the secretive affairs of those who are evading tax, and to play a part in reducing the so-called “tax gaps” of governments struggling with stubbornly high fiscal deficits.
10/22/2015
International Tax e-briefing - Eversheds
Summary of significant recent changes in tax law in the EU.
10/22/2015
Belhassen Trabelsi Has Diverted Millions of Dinars Through Offshore and Shell Companies
Countless cases related to this file remain blocked at the level of investigation
10/22/2015
Inside Swiss Banks’ Tax-Cheating Machinery
Dozens of firms have been spilling their secrets to the Justice Department about how they encouraged U.S. clients to hide money abroad