09/30/2014
UBS AG, Switzerland’s biggest bank, said it may be hit with “material” penalties after authorities investigating alleged manipulation of foreign exchange markets started settlement talks.
09/30/2014
DQ is continuing to see an increased use of undercover agents by the IRS and other tax authorities in offshore jurisdictions.
09/30/2014
Mr Lueder said the new EC, which proposes the regulation that eventually becomes EU law, would look to focus on opening up opportunities across the world for European asset managers.
09/29/2014
Australia's top companies have been unswayed by a global crackdown on corporate tax avoidance, with almost 60 per cent of the top 200 listed companies holding subsidiaries in tax havens or low-tax jurisdictions.
09/29/2014
Ogier Fiduciary Services Re-brands Following MBO
Ogier Fiduciary Services launched its new brand and identity today, following the management buyout (MBO) from the Ogier Group in June.
09/26/2014
As part of an effort to head off the next crisis, regulators are asking what role the industry plays in a healthy financial system.
09/26/2014
West Lockhart added the industry “will still be able to take commission, in a post MiFID II climate”.
09/26/2014
On this point, cabinet is set to address the concerns raised by the initiative, as it instructed the finance ministry in July to draw up a revision of the Swiss fiscal code to address tax evasion issues.
09/26/2014
Six major banks including Royal Bank of Scotland and Barclays face huge fines for rigging the ‘Wild West’ foreign currency market.
09/26/2014
The head of the AFIP tax bureau Ricardo Echegaray received yesterday an encrypted CD from the French government containing information on 3,900 undeclared bank accounts of Argentine origin in the Swiss branch of HSBC.
09/25/2014
A French court has concluded that 1.1 billion euros in foreign-held UBS accounts requires further investigation.
09/25/2014
Companies with cantonal tax status have accounted for roughly half of the Confederation's profit tax receipts in recent years
09/25/2014
Thousands of Americans abroad are giving up their citizenship as the implementation of a complex new tax law causes banks to shut down accounts for US expatriates
09/25/2014
Swiss Bank Agrees to Pay $850,000 for Unregistered Trading
As part of the settlement agreement, the respondents have agreed that they breached securities laws regarding registration requirements.
09/25/2014
The difference between harmonious family relations and bitter infighting for seriously wealthy families is often a well thought-out family charter.
09/25/2014
Haigh, who denies the fraud claims, was arrested on May 18 after he flew to the Middle East for talks about a supposed new position with GFH.
09/25/2014
The Internal Revenue Service today issued a fraud alert for international financial institutions complying with the Foreign Account Tax Compliance Act
09/25/2014
On 18 September, the Financial Conduct Authority (FCA) held a conference which addressed the agenda for Markets in Financial Instruments Directive (MiFID) II.
09/24/2014
The fact that the Mansion Tax is so badly designed and illogical suggests that it would soon mutate into a full-blown, French-style wealth tax
09/24/2014
After its wealth management business in the U.S. acquired the advisory business of Lehman Brothers in September 2008.