06/25/2014
The Financial Conduct Authority has charged Damian Frank Clarke, a former equities trader at Schroders Investment Management Limited, with 9 counts of insider dealing, contrary to Section 52 of the Criminal Justice Act 1993.
06/25/2014
He spent 30 years at Coutts, the Queen's banker, is accused of allowing his son Matthew Noad, 29, to funnel £655,000 through his bank accounts
06/25/2014
UBS AG Credit Suisse Group AG and other banks providing wealthy French people a home for their money in Switzerland are being told: No more tax evasion.
06/24/2014
The Swiss government on Monday put up the “revised Tax Administrative Assistance Act” on its website with the critical assurance that in no Swiss canton (state) has a “referendum been called against the bill”.
06/24/2014
Planning for one’s future should include planning for the estate and the heirs
06/24/2014
Andorran Prime Minister Antoni Marti has made clear that the Government has no plans to introduce a tax on wealth or inheritances.
06/23/2014
IRS - Possible Offshore Deferrals for Hedge Fund Managers by Proskauer Rose
What Hedge Fund Managers Need to Know
06/23/2014
As a result, experts say, the new document will be part of an ambitious program to "de-offshorize" the Russian economy
06/23/2014
Germany seizes documents that may contain info on tax evasion
Some coming from a branch of private bank Coutt
06/23/2014
Sacked Credit Suisse banker helped drug lord move cash
There is no suggestion that Ryan knew about the way in which Eldring was app-roaching potential lenders
06/23/2014
Ecclestone Indictment Calls F1 "Bribe" Into Question
New evidence from German prosecutors has called into question whether Bernie Ecclestone paid a bribe to steer the sale of Formula One in 2006 to the private equity firm CVC.
06/23/2014
Queen's Bank Coutts Denies Helping Osama Bin Laden And His Family
Some members of the bin Laden family are prominent businesspeople
06/23/2014
The Commission’s objective has been to apply international standards in a way that is consistent with neighbouring territories, and the money laundering and terrorist financing risk present in Jersey.
06/23/2014
MS Management Services, a Luxembourg-based subsidiary of the Maitland group, has been authorised by the CSSF to act as an alternative investment fund manager
06/20/2014
If they knew about the practice and did not stop it, they could be criminally responsible for the alleged fraud.
06/20/2014
The bankers encouraged them to open undeclared accounts in Switzerland, according to a report last month in the magazine M... Belgique, which didn’t say where it got the information.
06/20/2014
This means that with immediate effect Ogier Fiduciary Services and Ogier are two independent businesses.
06/20/2014
Switzerland's central bank has urged UBS and Credit Suisse to further improve their capital strength, even after good progress made in recent years, due to the "substantial" risks still faced from economic and legal issues.
06/20/2014
In our first article, the recent tensions in Ukraine have prompted us to consider the implications of financial sanctions for lenders on their existing facilities and documentation.
06/20/2014
On 18 June the US Internal Revenue Service (IRS) announced major changes to its offshore voluntary compliance programs, resulting in new guidance for both taxpayers overseas and those residing in the US.