11/26/2014
S.E.C. Settles Swiss Secrecy Case With HSBC
The unit failed to register with the S.E.C. before providing advice to American clients, an omission that allowed it to avoid scrutiny in Washington.
11/26/2014
The unit failed to register with the S.E.C. before providing advice to American clients, an omission that allowed it to avoid scrutiny in Washington.
11/25/2014
"This award is a testament to our team, its international strength and the quality of work it does. It tops off what has been a great start to the new merged firm."
11/25/2014
The regulator has given wealth managers the all-clear when it comes to putting their clients’ money into in-house investment products
11/25/2014
The merger creates the first and currently only law firm with offices in Singapore, the Cayman Islands, London and each of the Channel Islands.
11/25/2014
Under new rules, information about offshore bank accounts and non-UK structures with UK resident owners (in the case of personally held accounts) or UK resident settlors, beneficiaries and protectors (in the case of trust structures) will be provided auto
11/23/2014
The latest of those is the foreign exchange scandal, which saw six banks fined $4.3 billion by U.S. and UK regulators last week for failing to put in place systems and controls to prevent traders from attempting to rig benchmark exchange rates.
11/23/2014
We recently reported on a growing number of investors becoming uncomfortable over the tax affairs of some multi-national corporations. Now it appears that following the agreement by the G20 leaders to accept OECD recommendations to tackle tax avoidance an
11/23/2014
In a recent interview with Hedgeweek, Tom Kirkpatrick and Colin Keane discussed managing operational risk.
11/21/2014
The disinterest of diners entering Cafe du Centre on the adjacent Place du Molard is echoed in the latest poll
11/21/2014
The liquidators of Gibraltar firm Marrache & Co are suing the local branch of accountancy firm Baker Tilly for negligence, breach of duty, conspiracy and dishonest assistance for audit advice given prior to Marrache’s collapse in 2010.
11/21/2014
Cyprus and Iceland have released the text of a new double tax agreement signed between the two nations on November 14, 2014.
11/20/2014
The Swiss decision is subject to Parliamentary approval, as well as the possibility that voters may be asked to approve the necessary laws and agreements.
11/20/2014
Observers believe that the sea change in voting intentions has been influenced by more vocal arguments from the “no” campaign
11/20/2014
The U.S. Department of Justice has requested more information from around 40 Swiss banks taking part in a program to make amends for possibly aiding tax evasion by wealthy Americans
11/19/2014
That is, if they haven’t faced the music already.
11/19/2014
available to investors from the European tax haven under the bilateral tax treaty between the two countries.
11/19/2014
Older systems to catch misconduct, still in use at some firms, pick through conversations for trigger words, but they can be easily circumvented.
11/18/2014
Amid concern the current pay regime does not deter misbehaviour
11/17/2014
Wall Street has hit an unexpected stumbling block in its efforts to move beyond government enforcement actions.
11/17/2014
The money was allegedly deposited in Swiss banks, and accounts belonging to Bhutto and her husband were frozen following an official Pakistani request in 1997.