05/22/2015
tax haven accidentally leaks personal details of hundreds of taxpayers
An investigation is underway after the blunder by the island's tax body
Legal,Regulation,Tax & Compliance
05/22/2015
Appleby's aviation team to attend leading European Trade Convention
“The three-day conference and exhibition provides an invaluable opportunity to meet representatives from all aspects of the aviation industry, including major corporate aircraft manufacturers, international business leaders and government officials,
05/22/2015
JP Morgan investors told they can't sue bank over $6bn London Whale loss
Shareholders had accused Jp Morgan's board of failing to prevent a trader from making huge bets on financial markets that lost billions of dollars
05/22/2015
F1 boss Bernie Ecclestone to fight £1bn tax bill as settlement is torn up
At the heart of the case is the Ecclestone family's Bambino trust, which is based in the offshore tax haven of Liechtenstein
05/22/2015
Leading law firm launches global team providing offshore and legal advice relevant to tax
Having advised financial institutions, multinational corporates, funds and asset managers on offshore and legal advice relevant to tax for many years, the firm has now drawn together a team of partners with specific tax expertise.
05/22/2015
Britain's home-grown tax haven
The tax authority, which declined comment for this story, says there are around 114,000 non doms in Britain.
05/22/2015
Swiss banks in U.S. criminal probe face longer wait - U.S. ambassador
The largest bank in that group was Credit Suisse
05/22/2015
Submit proof to freeze Abhishek Verma's bank account, says Liechtenstein to ED
This is the second time that Liechtenstein authorities have refused to share the details with Indian agencies.
05/21/2015
SEC Votes to Propose New Asset Manager Reporting Rules
The proposal will "vastly improve the type and format of the information that funds provide to the commission and to investors"
05/21/2015
Jersey's Place in the Modern Tax World
Uncharted Waters
05/21/2015
Boutique law firm reinforces Private Wealth team
The Firm has been operating in the UAE since 2009.
05/21/2015
Money Laundering Regulations make Cyprus equivalent jurisdiction
The change means that Cypriot service providers to Cayman Islands funds can now undertake anti-money laundering procedure functions
05/21/2015
Rich pickings
Davis said high-net-worth individuals could also be targeted
05/21/2015
Isle of Man Looks to Pull in the Crowds - Appleby
The Isle of Man Financial Supervision Commission (FSC) has issued a consultation in relation to proposals to create a specific regulatory regime to facilitate crowdfunding activity.
05/21/2015
Adviser fraudster victim in HSBC compensation fight
However, HSBC is refusing to acknowledge the fraud
05/21/2015
Cayman Islands based offshore law firm announces major expansion
The firm will also be expanding its global legal footprint to Bermuda, where it plans to open an office, becoming the first major international offshore firm to enter that market as a new entrant.
05/20/2015
Extension of Deadlines: Cayman Islands FATCA Notification and Reporting
The TIA has issued a press statement confirming these dates are in line with the TIA’s soft approach to enforcement during the first year of FATCA compliance.
05/20/2015
UBS fined $203 mn over LIBOR scandal but gets immunity on forex
The announcement comes as four other major banks are expected to fined billions of dollars for rigging the foreign exchange market in settlements with US and British regulators.
05/20/2015
Barclays fined £284,432,000 for FX manipulation
Barclays has agreed to pay a combined total of £1,533 million (sterling equivalent). In common with other financial institutions announcing FX settlements today with the DOJ, Barclays has also agreed to plead guilty to a violation of US anti-trust l
05/20/2015
The tricks used by 'coiled cobra' market-riggers
One rule-breaker said "if you ain't cheating, you ain't trying", while others used hand signals to cheat clients and fix financial markets