04/15/2015
US targets tax evaders in Asia with HK investigators
The stationing of US tax investigators in its Hong Kong consulate signals that America's hunt for taxation evaders has moved to Asia, following years of probes and fines in Europe.
04/15/2015
The latest Appleby report which provides a snapshot of data in relation to petition filings and resultant court orders in six of our offshore jurisdictions.
04/15/2015
Those contraventions include misleading the DFSA, failures in DBDIFC's internal governance and systems and controls and in its client take-on and anti-money laundering processes.
04/15/2015
This newsletter describes the internationally accepted yet competitive implementation of the agreement with the European Union regarding the end of the above mentioned Swiss tax privileges.
04/15/2015
French presidents rarely pay a call to their Swiss counterparts
04/15/2015
The Custody Rules are there to protect safe custody assets if a firm becomes insolvent and to ensure those assets can be returned to clients as quickly and easily as possible. Each regulated firm is required to ensure they have adequate systems, controls
04/15/2015
Italy Removes Offshore Jurisdictions from Tax Blacklist 21 countries that are now considered to have an adequate level of tax information exchange with Italy have been removed from the Italian tax blacklist.
04/14/2015
Vatican to share information
Vatican City signed an information sharing agreement with Italy earlier this month
04/14/2015
P Profit and Protection: Techniques for Future Success - Withers
One of the most common hurdles to creating a tax efficient offshore IP structure is the effective transfer of the IP from the United States abroad
04/14/2015
Insolvency Petitions Down Across Most Offshore Jurisdictions in 2014 - Appleby
Investors Turn Away from Petitions and Toward New Opportunities, Appleby Reports
04/14/2015
The institution’s paper on the asset management industry and financial stability covered various issues it believed needed to be raised and potentially regulated against.
04/14/2015
Customers are being asked to prove they have paid any taxes due, according to a dozen lawyers for banks or their customers.
04/13/2015
In searching for an Investment Book of Record (IBOR), financial institutions (FIs) need a solution built to address the need to record, process and distribute investment data in the different views required by stakeholders.
04/12/2015
New regulations aside, megatrends will demand that advisers align themselves with clients
04/10/2015
The battle of the billionaires over a spit of land in the exclusive Bahamas enclave of Lyford Cay heated up again as hedge-fund manager Louis Bacon traded accusations with Canadian clothing magnate Peter Nygård over who is the most obnoxious neighbo
04/10/2015
Swiss Banking Whistleblowers to Appear at Offshore Banking Conference
The Wall Street Journal reports that Swiss bank whistleblowers Bradley Birkenfeld and Hervé Falciani are schedule to take part in a panel discussion at the OffshoreAlert Conference in Miami Beach May 3-5.
04/10/2015
10 Notorious Tax Cheats
In 2002, after UBS signed up for a program that required it to share more information on U.S. depositors with U.S. authorities, he went to Europe again to move his funds to a Swiss bank with fewer U.S. ties, this time holding it in the name of a Liechten
04/09/2015
US official: 'Stay tuned' for more Swiss bank deals over tax evasion
As a result of leads from banks involved in the voluntary disclosure program
04/09/2015
International Monetary Fund says delegating investment decisions to large asset managers, as many savers do, can ‘induce destabilising behaviour’
04/09/2015
Compared to non-residents, they barely even register on the scale