06/19/2014
French President and Co-Prince of Andorra François Hollande praised the Andorran Government's decision to open up the nation's economy and reform the tax system in the wake of the financial crisis during a recent visit to the Principality
06/19/2014
The information was secured under a landmark deal on undeclared Swiss bank accounts held by UK residents, which entered into force in January 2013.
06/18/2014
An expected resolution to the US tax evasion probe into Swiss banks will likely be a catalyst for consolidation in the country's private banking industry.
06/18/2014
‘More families will be hit by IHT’ - St James’s Place Wealth Management
Advisers need to tell clients to plan early and make use of the many opportunities to help Britons mitigate inheritance tax liability, Tony Mudd has said.
06/16/2014
Firms failed to ensure financial promotions were fair and not misleading.
06/16/2014
On 5th June, the United States Department of Justice (DOJ) extended some information reporting deadlines for Swiss credit institutions that have sought to participate in its tax regularisation programme to secure a non-prosecution agreement.
06/13/2014
The money is supposed to have been made from “retrocommissions”
06/12/2014
Geneva’s French Ties Fray as Banks Tell Clients to Come Clean
For more than a century, the Swiss city of Geneva has provided wealthy French families with a convenient and safe place to stash their money.
06/12/2014
Jersey to introduce attractive new measures to its company offering
Jersey is introducing further innovations to its Companies Law, making the jurisdiction even more attractive for those who use Jersey companies for investment structuring, asset holding and a wide variety of other purposes.
06/12/2014
UBS shares fell on Thursday following a research report which said the Swiss bank could have to pay $8 billion in fines and settlements relating to alleged collusion and price-manipulation in the global currency market.
06/11/2014
The initiative, first unveiled at the G8 summit last year, forms part of global efforts to crack down on tax evasion, and the UK government was vocal about stopping its citizens from using shadowy ‘shell companies’ for money laundering.
06/11/2014
Despite international efforts to clamp down on offshore tax havens, small offshore havens for tax dodging and money laundering are becoming even busier.
06/11/2014
The principles of RDR are not being taken seriously enough by the FCA
06/11/2014
French 'suspect Geneva bank in giant tax fraud'
Falciani, a former IT worker at the bank in Geneva, released data to the French government in 2009 on 130,000 wealthy clients at HSBC alleged to have evaded taxes.
06/11/2014
Mishcon's managing partner Kevin Gold said: 'Years of experience advising clients on their business and personal matters has helped us understand that families really are the most complex organisations in the world.
06/11/2014
Carey Olsen is the number-one offshore legal adviser to London Stock Market clients
06/11/2014
Penny Lovell, Head of Private Client Services at Close Brothers Asset Management, comments on ONS marriage statistics:
06/11/2014
Industry officials have hailed Switzerland's attempts to speed up the process of returning assets plundered by corrupt leaders to their original states of origin as pioneering.
06/10/2014
Failing to respond in any way is likely to mean the bank will close your account
06/10/2014
India crackdown on rich with Swiss accounts
Within 24 hours of his May 26 inauguration, Modi created an investigative team of former judges and current regulators