08/01/2014
This collaboration will enhance the strength of the two firms’ international offerings, providing clients with immediate access to leading Africa practices with recognised expertise across multiple sectors including Energy & Infrastructure and N
08/01/2014
Asset managers have dodged a regulatory bullet following a decision by US authorities’ that they do not pose a ‘systemic risk’ to the global financial system.
08/01/2014
The anonymised case dealt with the trustees’ momentous decision to sell a property which was a substantial part of the trust assets.
08/01/2014
This whistleblower provided the agency with specific, timely, and credible information that allowed for a more rapid investigation
07/31/2014
Sunrise agreed to reduce his notice to six months followed by a further six month restrictive covenant
07/31/2014
Independent experts warned that there is not enough attention given to IHT planning by potential clients of IFAs and some of the future political scenarios advisers may have to face.
07/31/2014
Richard Watkins, Certified Financial Planner at Close Brothers Asset Management, comments on the latest inheritance tax receipts:
07/30/2014
The country - which consists of more than 700 tiny islands - offers an excellent standard of living as well as 0 per cent tax on personal earnings.
07/30/2014
While the Budget attempts to operate under the guise of flexibility, there will be a couple of inevitable terms that could potentially make the idea of drawing the whole fund in one go a lot less appealing.
07/30/2014
This note sets out our agreed conclusions.
07/30/2014
Banking Regulators want bankers to accept criminal liability under new plans
Main City watchdogs want a new licensing regime for bankers, which could also see bonuses deferred by up to seven years
07/29/2014
Plans to disallow UK non-residents from benefiting from the personal allowance could mean those who work abroad for their companies are “significantly worse off
07/29/2014
The Swiss lender also stands accused of aiding account holders from France and Belgium in hiding their money from domestic tax authorities.
07/29/2014
MiFiD 2: what to expect in Switzerland?
The directive and regulation are not directly applicable to non-EU countries.
07/28/2014
The Swiss firms can’t lessen their own penalties, and hence won’t be offering payments
07/28/2014
Despite a largely unaltered image abroad, the finance ministry official behind key international negotiations believes the Swiss financial sector will thrive after having signed data exchange agreements that some say spell an end to banking secrecy.
07/28/2014
The economist says the incentives for bankers remain tempting.
07/27/2014
“The financial stakes in this dispute are very high, the parties having contemplated annual revenues of circa $200m once their venture was up and running,” Decura said in its written legal argument filed in court.
07/27/2014
There is a steady stream of secret account-holders owning up, he said, with the 336 billion euros coming in since mid-June.
07/25/2014
France defends billion-euro guarantee demand in UBS probe
A 1.1 billion euro guarantee payment demanded by French judges of Swiss bank UBS reflects the size of the fine it could pay if found guilty of helping wealthy French customers avoid tax