08/04/2015
In the first trial of a defendant accused of Libor rigging, Hayes had faced up to 10 years imprisonment for each count of conspiracy over the manipulation of London interbank offered rate Libor
08/04/2015
Darin's lawyers argued he was not a fugitive since he had never fled
08/04/2015
The firm is responding to and cooperating with the relevant authorities
08/04/2015
Hiding money overseas to avoid taxes has been the long-established practice of some taxpayers. Offshore tax havens (i.e., countries that have low or no taxes and lack of transparency) still exist, making it possible for individuals to evade taxes by not r
08/04/2015
Individual Income Tax Returns, or IRS Forms 1040, that failed to report their respective interests in their undeclared accounts and the related income.
08/04/2015
Banks Will Collectively Pay Penalties of More than $8.4 Million and Continue to Cooperate with Department
08/04/2015
Police launch inquiry after couple sell gallery and move to France – as collectors and artists chase £500,000
08/04/2015
Customs officials are tipped off about alleged attempt to take painting belonging to member of banking dynasty to Switzerland
08/03/2015
Global work by regulators on whether big asset managers should face tougher rules because of their size has been put on hold to focus on their ability to cope in volatile markets, a task force set up for the Group of 20 leading economies said.
08/03/2015
New York hedge fund tycoon Louis Bacon must have been on island time.
08/03/2015
The Global Forum on Transparency and Exchange of Information for Tax Purposes published new peer review reports today for 12 countries or jurisdictions, moving further ahead with its goal to implement global standards on transparency and exchange of infor
08/03/2015
Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC on Monday said it is cooperating with the authorities.
08/03/2015
The definition of victory for this paper is to review and improve upon existing estimates of the size, growth and distribution of untaxed private wealth protected and serviced by the global offshore industry.
07/31/2015
It might just be coincidental timing, but it sure looks bad.
07/31/2015
HMRC has published four consultations – all issued under their ‘offshore evasion strategy’, seeking views on new criminal offences, civil penalties and sanctions aimed at offshore tax evasion.
07/31/2015
The European Securities and Markets Authority delivered their advice to the Commission, Parliament and Council of the EU on the extension of Alternative Investment Fund Managers Directive passports to non-EU jurisdictions.
07/30/2015
CSIRO chief executive Larry Marshall has refused to reveal the beneficiaries behind a Channel Islands trust he filled with technology company shares worth up to $7 million when they were sold in a series of off-market trades.
07/30/2015
Described by the former British cabinet minister Vince Cable as "sunny places for shady people", tax havens are much maligned.
07/28/2015
It is critical that firms have the necessary systems and supervision in place to ensure compliance with their OATS and trade reporting obligations
07/28/2015
The Davis Tax Committee's First Interim Report on Estate Duty was released for public comment on 13 July 2015.