12/01/2014
Fatca is intended to stop Americans dodging taxes by hiding their wealth overseas, but it has proved controversial because it extends to all American passport holders, even those who have only a tenuous link to the US.
11/30/2014
We reveal some of our predictions for next week’s Autumn Statement.
11/30/2014
The BBC reports that the prince has has asked the government to strip his wife's family of their royally bestowed name, a move that is thought to be the first step in the couple's official separation.
11/29/2014
The new law on the taxation of controlled foreign companies (the 'CFC') and other anti-offshore measures (the 'Law') has received Presidential Assent on Monday this week (24 November 2014) and will come into force starting from 1 Janua
11/28/2014
A leading wine merchant has become the latest victim of wine fraud after being conned out of vintage bottles worth £50,000.
11/28/2014
Follows collapsed Serious Fraud Office case against the property billionaire
11/28/2014
Jamie Cooper-Hohn, the ex-wife of Children’s Investment Fund Management UK founder Chris Hohn, is to receive $530m of the couple’s marital assets
11/28/2014
The agency's revelation came a day after it charged HSBC bank with helping Argentines evade taxes by stashing about $3 billion in the secret accounts.
11/27/2014
Barclays says its Swiss private bank drops out of U.S. tax deal
Barclays' private bank in Switzerland has dropped out of a U.S. programme aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday.
11/27/2014
Argentina's move comes as part of a global crackdown on undeclared funds held in offshore havens, after the global financial crisis strained government budgets and made the need to maximize tax receipts more pressing.
11/26/2014
As part of the OECD’s work to improve the timeliness of processing and completing mutual agreement procedure (MAP) cases under tax treaties and to enhance the transparency of the MAP process, the OECD makes available to the public, via its website,
11/26/2014
The heir to the Nina Ricci perfume fortune is to go on trial for tax fraud in what is seen as a test case related to the HSBC tax avoidance scandal.
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
Private Capital team scoops another award
"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
FCA gives wealth managers all clear on in-house product use
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
International tax avoidance – now the investment community takes action by George Bull, Baker Tilly
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
Managing Operational Risk Under AIFMD by Tom Kirkpatrick and Colin Keane, SS&C
In a recent interview with Hedgeweek, Tom Kirkpatrick and Colin Keane discussed managing operational risk.