09/16/2015
LuxSE and Alfi publish Compilation of Investment Fund Laws and Regulations
The second publication covers alternative investment funds established under Luxembourg law
Legal,Regulation,Tax & Compliance
09/16/2015
Hana Financial unit to beef up private-banking services
All of the bank's 854 branches will have VIP rooms for major customers
09/15/2015
Jersey Disclosure Facility - Update
The Government of Jersey has released a statement in relation to the closure of the UK Jersey Disclosure facility.
09/15/2015
Swiss art dealer charged over 'concealed theft' of Picasso paintings
Swiss art dealer allegedly hid facth that paintings he sold to Russian oligarch were stolen from Picasso’s stepdaughter
09/15/2015
ABN Amro fires more staffers in Dubai fraud investigation
This brings the total of employees fired from the ABN Amro Dubai office up to nine.
09/14/2015
INDIA: Government Clears 14 Foreign Investment Plans
The Aegon Religare’s proposal involved hiking of stake of foreign partner in the Indian life insurance venture.
09/14/2015
Hong Kong's 'accidental Americans' caught in US tax jam
US taxation of overseas wealth of non-citizens is becoming a growing concern for Asia's rich
09/14/2015
United States to present fresh FIFA allegations
United States attorney general Loretta Lynch will provide the latest details on the FIFA investigation at a news conference in Zurich on Monday.
09/14/2015
Relocating to Jersey as a High-Value Resident by Tim Hart
The legal framework for applications for high value residency status is provided by the Control of Housing and Work (Jersey) Law 2012 (the 2012 Law)
09/14/2015
Switzerland To Amend Withholding Tax Regime
The Federal Council has now confirmed that the existing exemptions for CoCos and write-off bonds will be maintained for a limited period.
09/14/2015
Asset managers set for EU pay shake-up
The draft guidelines set out criteria for whether particular aspects of remuneration should be classed as fixed or variable.
09/14/2015
Three More Swiss Banks Have Secured Non-Prosecution Agreements with the DOJ
Since our last update, three more Swiss banks have reached resolutions with the Justice Department under its Swiss Bank Program
09/11/2015
US tax rules catch out UK investors, warns wealth manager
A range of commonly held tax-incentivised savings wrappers are not recognised by the US, which has led to many clients coming to Vestra US with tax inefficient portfolios.
09/11/2015
Natixis CEO: Why the Gov't Shouldn’t Meddle In Your Investments
John Hailer says the federal government should not mandate a preference for passive index funds
09/11/2015
Guernsey extends market access to EU countries under AIFMD
Guernsey's Government, the States of Guernsey, has now amended its Investor Protection regulations for AIFMs and AIFs based in EU Member States
09/10/2015
Revenue & Customs 'winding down' inquiries into HSBC Swiss tax evaders
After reopening investigation into HSBC clients hiding money in Switzerland, HMRC admits it has still only prosecuted one tax cheat
09/10/2015
New Partner for International Private Client Team
She was recently acknowledged for ‘spearheading a group of Jersey trustees in agreeing the wording for the FATCA guidance notes for Jersey.'
09/10/2015
SEC Charges BDO and Five Partners in Connection With False and Misleading Audit Opinions
The Securities and Exchange Commission has charged national audit firm BDO USA with dismissing red flags and issuing false and misleading unqualified audit opinions about the financial statements of staffing services company General Employment Enterprises
09/10/2015
Collas Crill named Legal Team of the Year at STEP Private Client Awards
The awards, now in their tenth year, set the industry standard and highlight excellence among private client practitioners.
09/09/2015
London Law firm expands with senior financial services lateral hire
She has a diverse range of clients including family offices, high net worth entrepreneurs and fund managers and trust companies.