07/06/2015
Monica Bhatia, Head of the Secretariat of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes said: "I am very surprised that Guernsey has been included in a list of non-cooperative jurisdictions. We are very pleased wi
07/05/2015
The government made up of the left-wing Syriza party, whose survival likely depends on the referendum outcome, has promised to tackle tax evasion which hurts Greece's already devastated economy.
07/03/2015
When the HSBC Holdings plc Swiss leaks story broke the big shock was that someone had produced evidence, not that one of Switzerland’s notoriously secretive banks had helped people evade taxes.
07/03/2015
The Brazilian investigation comes weeks after six of the world's largest financial institutions agreed to pay $5.8 billion to the U.S. government
07/03/2015
The suit centers mainly on alleged violations of federal antitrust laws
07/03/2015
In a document released Thursday, antitrust watchdog Cade alleged the banks colluded to influence benchmark currency rates in Brazil
07/02/2015
The United States has asked Switzerland to extradite seven Fifa officials arrested on corruption charges in May, the Swiss authorities say.
07/02/2015
HM Revenue & Customs has dropped thousands of QROPS schemes from its recognised overseas pension schemes (ROPS) list, with Australian schemes fairing the worst.
07/01/2015
The IRS wants to sharply curtail a favorite tax benefit affecting family partnerships and LLCs
07/01/2015
Collaboration offers tool to simplify FATCA business entity compliance as 2016 deadline looms
07/01/2015
Blazer has pleaded guilty to a series of financial crimes, including money laundering, wire fraud and tax evasion, and is cooperating with authorities.
07/01/2015
The penalties for whistleblowers and others breaking Switzerland’s fabled bank secrecy laws just got more severe.
06/30/2015
Herald Fund SPC was one of the larger Madoff feeder funds and made headlines recently when it settled the competing claims between it and Irving Picard (the Trustee in Bankruptcy of the Madoff estate).
06/30/2015
In this quarter's edition of The Wealth Finance Brief we provide some practical guidance for banks and other financial institutions in the private wealth sector
06/30/2015
Phil Mickelson may have more explaining to do after a report by ESPN’s “Outside the Lines” named him as the bettor whose $2.75 million led a former handicapper to plead guilty
06/29/2015
With Mifid II on the horizon, what impact will the new rules have?
06/29/2015
Sally Edwards, who heads Ogier’s Private Client and Trusts team, is ‘the guru of the Jersey trust world’ according to a client testimonial shared by Citywealth. She is named on the Honours List and as a Citywealth Power Woman.
06/26/2015
Greek Finance Minister Yanis Varoufakis has taken a swipe at Switzerland for providing only limited information about wealthy tax evaders from cash-strapped Greece who are believed to have stashed billions of euros in Swiss banks.
06/26/2015
The BVI is once again considering proposals to bring into force provisions which permit the making of administration orders in relation to BVI companies.
06/26/2015
"Tax avoidance practices therefore are responsible for a significant leakage of development finance and resources," UNCTAD Secretary-General Mukhisa Kituyi told a news conference.