08/23/2015
Swiss financial regulator FINMA said on August 19 that it will check with some of the country’s banks on whether they carried out any business with 1MDB and whether fishy transactions were involved.
08/23/2015
A fresh warrant resets the clock on how long police can hold him and grill the self-described computer geek over Tokyo-based MtGox's missing Bitcoins.
08/21/2015
The notebook of Gary Gowrea, Head of Tax, Advisory and Corporate Structuring for Cim Global Business.
08/20/2015
Swiss financial regulator Finma is checking with some of the country's banks on whether they carried out business with Malaysia's troubled state investment fund 1Malaysia Development Berhad, a spokesman said yesterday.
08/20/2015
The Protocol amends the 1997 DTA in three areas, namely the definition of residence, withholding taxes on dividends and exchange of information. Importantly, it does not change the existing, highly beneficial, arrangements regarding taxation of capital ga
08/20/2015
According to “Süddeutsche”, in addition to HSH Nordbank, HVB and Commerzbank, three further large financial institutions, two of them in state hands, are under investigation.
08/20/2015
He is one of about 30 Swiss advisers who have been indicted in the U.S. since 2008, part of a broad probe of tax evasion and undeclared offshore accounts.
08/20/2015
The trial will determine whether the partners should be held responsible for their clients’ losses
08/20/2015
Industry lobby groups are calling on lawmakers to bolster business innovation as they debate corporate tax reforms aimed at retaining Switzerland’s status as a location for multinationals.
08/19/2015
An SEC investigation found that BNY Mellon did not evaluate or hire the family members through its existing, highly competitive internship programs that have stringent hiring standards and require a minimum grade point average and multiple interviews.
08/19/2015
UBS expects the last trading day of UBS AG shares on SIX Swiss Exchange to be 27 August 2015
08/19/2015
News of the settlement was first reported by newspaper Sueddeutsche Zeitung and broadcasting networks NDR and WDR earlier on Tuesday.
08/19/2015
Since its inception in September 2009, more than 6,500 people have registered to participate in the Liechtenstein Disclosure Facility. More than 5,900 disclosures have been received by HM Revenue and Customs, with over £1.6bn raised so far.
08/19/2015
A wholly-owned unit of Goldman Sachs Group received a banking license from The Hong Kong Monetary Authority (HKMA), the HKMA announced on Wednesday, in a step that creates a local subsidiary through which the U.S investment bank can book its trades.
08/19/2015
The fund has been dogged by controversy over its $11 billion debt and alleged financial mismanagement.
08/18/2015
The authorities found that Citi and other banks attempted over a period of almost six years to have rigged key foreign exchange benchmarks, including at least one provided by central banks.
08/18/2015
Senior Associate Ashley Fife examines options for restructuring and reshaping Trusts in Bermuda to enable trustees to adapt to unforeseen circumstances.
08/18/2015
CGMI and CAI failed to control the misrepresentations made to investors as their employees misleadingly minimized the significant risk of loss
08/17/2015
The affair concerns criticism following the investigation of the US authorities of criminal events that took place in Bank Leumi’s US branch between the years 2002 and 2010 – when the three executives were serving the bank.
08/17/2015
The Maltese company and others involved in the ring then allegedly used that stolen information to trade securities and reap over US$100 million in unlawful profits.