11/21/2014
Marrache liquidators sue Baker Tilly for £28m in bid to recoup lost client funds
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 Agrees Double Tax Pact With Iceland
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
Switzerland takes important step to boost international cooperation against tax evasion
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
Rich foreigner tax perks tipped to stay
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
Curbs on bankers’ fixed pay may be needed: UK’s Carney
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.
11/17/2014
Switzerland’s ambassador to Germany said his country is working to improve its image after years of revelations that Germans used Swiss banks to avoid taxes.
11/17/2014
“More than 1,000 Belgian taxpayers could be affected over amounts involving several billions of dollars that were invested, managed and/or transferred between 2003 up to the present day,” prosecutors said in the statement.
11/17/2014
When it comes to new regulations, Guernsey is offering optionality to overcome 'fortress Europe', according to Fiona Le Poidevin, Chief Executive of Guernsey Finance.
11/17/2014
But the judge denied Patricia Cohen's bid for so-called Wells notices sent to Cohen by the U.S. Securities and Exchange Commission and any responses he provided.
11/17/2014
The Wealth Management Assocation and the Association of Investment Companies are lobbying to prevent a new European directive labelling investment trusts as “complex” instruments, which they say would reduce investment into the vehicles.
11/16/2014
The protocol was signed on 21 July 2014, and will come into force once the two countries have exchanged diplomatic notes and completed their necessary internal procedures to implement the agreement.
11/16/2014
Long considered "too fluffy" for serious lawyers, fashion law has emerged in recent years as one of the most lucrative -? and occasionally absurd -? new battlegrounds for the legal profession.
11/14/2014
Ex-Swiss private banker charged in U.S. for tax scheme
The bank was not identified by name in court papers, but was described as an institution that purported to be the oldest private bank in Zurich.
11/14/2014
And that's just from expected fines.