11/27/2013
Cayman Signs 32nd TIEA Agreement
Caribbean Journal is reporting that The Cayman Islands has signed a tax information exchange agreement with the Republic of Malta.
Legal,Regulation,Tax & Compliance
11/27/2013
Ex-Banker to Answer Charges in U.S.
The legal case is the latest turn in the U.S. probe of American tax evasion in Switzerland.
11/26/2013
Gold price-fixing scandal: UK's FCA scrutinises $20 trillion gold market
The UK Financial Conduct Authority is scrutinising how prices are set in the $20 trillion gold market.
11/26/2013
UBS Paris headquarters raided by French authorities in tax evasion probe
UBS said it regarded the raid as "normal" and will continue to cooperate with French authorities, which have also visited the bank's offices in Strasbourg and Lyon as part of the ongoing investigation.
11/26/2013
Tribunal upholds £100k IFA fine over Gtep advice
The FCA has won a legal battle to fine Westwood Independent Financial Planners £100,000 over suitability failings in geared, traded endowment policy sales.
11/25/2013
FCA Slaps Outsourced Wealth Manager With £900k Fine
Wealth manager failed to adequately protect client money, according to notice published by the regulator.
11/25/2013
PwC Finds Fund Firm Compliance Heads Working 12-hour Shifts
A PwC survey has found a third of UK asset management firms are unsure they have the resources to cope with growing regulatory demands.
11/24/2013
Automatic Tax Info Exchange to Hurt Fund Flows: Swiss Banks
Swiss banks expect a significant decline in quantum of foreign money managed by them going forward
11/24/2013
Ireland Should Help Tackle Scourge of Tax Dodging
The Coalition has no plans to introduce a public register of true owners of companies.
11/24/2013
US Expats Need to Research Tax Laws Before Relinquishing Passport
Being an American abroad can be difficult.
11/23/2013
Penniless' Man Is Worth $65 Million, Court Rules And Must Give Wife Half
One of Britain’s longest and most bitter divorce battles culminated on Friday with a High Court judge branding a well-connected millionaire a liar and his ex-wife a conspiracy theorist.
11/23/2013
Europe’s Financial Transaction Tax Faces Challenges, PwC Says
Europe’s planned tax on financial transactions may fail to reduce market risks and could increase household costs
11/22/2013
Ex-Credit Suisse Trader Gets 30 Months in Jail
A former top Credit Suisse trader was sentenced to two and a half years of prison.
11/21/2013
Four tax havens join India in fight against stash funds
The Global Forum brings together 121 countries and jurisdictions for wide-ranging discussions on transparency and international tax co-operation, and is the largest such group worldwide. Its sixth meeting has brought together more than 200 delegates from
11/21/2013
Switzerland seeks EU deal on tax evasion
Switzerland wants "to settle the past" with the EU and begin settling disputes over Swiss bank accounts hidden from European tax authorities
11/20/2013
Switzerland Under Tax Pressure Ahead Of Jakarta Global Forum
The Confederation appears to be caught between a rock and a hard place.
11/20/2013
Tax Task Force Targets Hidden Offshore Cash
A new tax task force is sifting through the financial affairs of wealthy individuals
11/20/2013
Special Report- How Germany's Taxman Used Stolen Data to Squeeze Switzerland
In the digital age, pen and paper are useful tools for intrigue.
11/20/2013
Sina Lapour, German Bank Assistant, Exposed Tax Evasion With Stolen Data
In the digital age, pen and paper are useful tools for intrigue.
11/19/2013
FATCA and charities by Withers
Overall, this is good news for UK charities and for dual qualified charitable structures