09/04/2014
Salem claimed he helped the bank earn more than $7 billion and told the arbitration panel on Feb. 25 that he was one of the most sought-after investment professionals in the mortgage industry.
09/04/2014
Mention financial secrecy at the dinner table ten years ago and you would most likely have been greeted with a blank stare.
09/04/2014
Seven Dutch financial institutions may be involved in evading taxes and are ‘extremely vague’ about what they do to ensure this does not happen, the Dutch Fair Bank Guide said on Wednesday.
09/04/2014
The country becomes the 46th jurisdiction to join the initiative launched by the G5.
09/03/2014
Wealthy Finns reveal hidden assets as Swiss bank secrecy comes to an end
Finnish tax authorities were taken aback last spring when dozens of Finns with assets stored in Swiss bank accounts requested corrections to their tax data to reflect undeclared income.
09/03/2014
Swiss completes tax-dodge payments to Britain, Austria
Switzerland said on Monday (Sep 1) that it had completed a programme to pay Britain and Austria hundreds of millions of euros in settlements for past tax-dodging by their citizens.
09/03/2014
Banks agonise over US tax evasion ‘guilt’
Swiss banks are engaging in a game of cat-and-mouse by positioning themselves to the best advantage in a United States tax evasion scheme that promises non-prosecution in exchange for owning up to past offences.
09/03/2014
International law firm Names Two Partners To Private Client Practice
With 26 offices across the globe, we are well placed to service our high net worth clients across Europe, the Middle East and Asia."
09/03/2014
Pakistan has requested Swiss authorities to place legal framework to effectively exchange details of its nationals who have parked untaxed wealth in Swiss banks
09/03/2014
Money launderers will increasingly move away from the US dollar to the renminbi as US authorities continue to crack down on international banks’ AML systems.
09/02/2014
International TMT law firm appoints non-executive directors from Rothschild and BSkyB
Their appointments to the Board take effect on 1 September 2014
09/02/2014
Credit Suisse Bid to Dismiss Wealth Client’s Suit Fails
Credit Suisse Group AG lost a bid to dismiss a lawsuit by a former private wealth client who is accusing the bank’s Singapore unit of failing to explain the risks of a complex investment product.
09/02/2014
Expats who have failed to pay their taxes may find the attractive option of using the Liechtenstein Disclosure Facility blocked, thanks to changes made to it recently.
09/01/2014
That prospect had drawn concern from technology companies - fearful of losing revenue from foreign customers worried that U.S. law enforcement might win broad power to seize their data.
09/01/2014
The proposal comes while a number of nations are facing debt problems
09/01/2014
Baker & McKenzie has provided legal advice to high-profile striker Leonardo Ulloa, a former Brighton player, in relation to his transfer to English team Leicester City FC.
08/31/2014
The crackdown, which could make criminals of those ignorant of tax law or those who forget about assets, is contained in proposals made by HM Revenue & Customs earlier this month.
08/31/2014
Some firms have left the U.S. system not through inversions but through buyouts by investment funds
08/29/2014
is review of the tax agency’s high-wealth individuals program found that between 2011-12 and 2012-13 the super rich had clawed back more than half (52 per cent or $477 million) of the $909 million the tax office disputed.
08/28/2014
With the future funding capability of the Northern Rock Foundation still uncertain, charities in the North East may face the loss of a valuable, significant North East focussed donor.