09/08/2015
Allegations family of Malaysian billionaire 'laundered' money in Australia
Major hotels chains like Hilton normally manage and lend their name to properties that are owned by other parties.
Legal,Regulation,Tax & Compliance
09/07/2015
DOL cracking down on exemptions
Managers finding legal workarounds not so easy to get anymore
09/06/2015
Geneva wealth managers pay defrauded investors to settle Madoff case
Prosecutors told a Geneva court at the time that the directors had enriched themselves on management fees, finder fees and commissions paid for fictitious returns that were never verified.
09/06/2015
Baha Mar Comments On Bahamian Supreme Court Ruling
The plan effectively addresses Baha Mar's creditor obligations, including paying in full all valid claims of Bahamian creditors and the Government of The Bahamas.
09/06/2015
Bank of America exec arrested for wrestling topless Times Square performer
Accusing her of stealing his wallet (even though she had nowhere to hide it)
09/06/2015
QROPS – Back to Basics
But what happens if you decide to relocate during your retirement, or even move back home?
09/06/2015
'Putin's banker' enlists Kiwi solicitor to untangle trusts
Russian tycoon is not the only foreigner to appreciate the safe haven that New Zealand can offer.
09/04/2015
Schroders’ Swiss Bank Pays $10.4 Million in Deal With U.S.
The Department of Justice has announced that Schroder & Co. Bank AG has reached a resolution under the department’s Swiss Bank Program.
09/03/2015
US and Swiss agencies set to reveal more on FIFA probes
Six of his former colleagues are still on remand in Switzerland fighting extradition to the US.
09/03/2015
Offshoring In The Current Tax Climate
Deloitte Jersey Tax Briefing
09/03/2015
Disclosure of Beneficial Owners of EU Companies, Trusts and Foundations
The 4th AML Directive requires disclosure of beneficial ownership information to central registers.
09/02/2015
UBS Unit to Pay More Than $2.9 Million to Investors in Puerto Rico
Bank’s wealth-management unit ordered to pay two investors for losses tied to island’s municipal bonds
09/02/2015
Death and Taxes: What Better Legacy Than Tax-Free Wealth?
Life insurance is a tax efficient estate planning strategy.
09/02/2015
Argentina orders HSBC's local unit to name new president
HSBC rejected the charge, but Argentina said in March it wanted HSBC to repatriate $3.5 billion that Argentine tax authorities said the bank had moved offshore.
09/02/2015
AIFMD Passport – Extension Denied to the US, Hong Kong and Singapore
The AIFMD passport is currently only available to EU AIFMs and EU AIFs.
09/02/2015
FATCA List – September 1, 2015
Under FATCA, firms have to report financial data held on file about any accounts controlled by US customers.
09/01/2015
Non-doms hit with £6.6bn tax bill
It also showed 5,000 non-doms paid £223 million in the remittance based charge in 2013/14 on their overseas incomes
09/01/2015
International law firm further bolsters financial regulatory practice with Barclays hire
She has also been responsible for ensuring that Barclays Wealth and Investment Management complies with the requirements of the payments legislation, which also includes preparing for the implementation of the Payment Services Directive.
08/31/2015
Cayman and UK share views on beneficial ownership
Transparency in providing information on beneficial ownership was never Cayman’s issue, said Premier Hon Alden McLaughlin.
08/31/2015
Italy Ratifies Switzerland, Monaco, Liechtenstein TIEAs
It was also noted that the protocol "widens the boundary of tax information exchange to involve all types of taxation, and foresees an end to banking secrecy.