09/25/2013
A former accountant for Bernard Madoff has been indicted on charges he helped the convicted swindler defraud thousands of customers in the Ponzi scheme masterminded by Madoff, nearly five years after the fraud was uncovered.
09/24/2013
There is no duty for companies to mitigate tax bills for shareholders’ benefit, says law firm Farrer & Co, reports Calum Fuller
09/24/2013
Global head of business transformation Oliver Campbell and his team were rewarded for radically improving efficiencies of legal services delivery.
09/22/2013
Draft Commission Regulations for Money Market Funds - Withers
Click below for full document
09/22/2013
FATCA update for fiduciaries - Withers
Trusts covered by an applicable IGA will be subject to home country implementing legislation.
09/22/2013
British residents with Swiss assets were hit with a one-off levy of between 21% and 41% in May, while a further withholding tax on future gains and income of up to 43% will be applied annually.
09/22/2013
They must also emphasise there are no guarantees a positive return will be achieved over any time period.
09/22/2013
DFSA Slaps Fine on Former Private Banker
He also restricted from performing financial works for a period of six years
09/22/2013
Ex-BNP Paribas Private Banker Fined by Dubai Regulator
"It's a pretty strong move by the regulator and shows they are getting more serious now in protecting client interests. Previously, these events wouldn't be made public," said one asset management source, who declined to be identified
09/22/2013
Smith & Williamson, the accountancy and investment management group, has been named Accountancy Team of the Year and Investment Team of the Year at the STEP Private Client Awards 2013/14.
09/21/2013
There is no question that the deal reached by the US and Swiss governments that resulted in this programme will have a deeply–resonating impact on the Swiss private banking industry
09/19/2013
So where does this leave Switzerland's legal powerhouses?
09/19/2013
The FCA is set to crack down on the lack of disclosure of shortfalls in professional indemnity insurance among advisers and wealth managers
09/19/2013
The use of service companies by limited liability partnerships could be outlawed in the UK Government's latest clampdown on tax avoidance.
09/18/2013
It is hard to know where to begin in describing the savage indictment by regulators in the US and UK of how JP Morgan Chase came to lose a breathtaking $6.2bn from the notorious "London Whale" trades.
09/17/2013
A Japanese unit of UBS AG (UBSN), Switzerland’s biggest bank, was ordered to pay a $100 million fine as part of a global resolution of allegations that it manipulated benchmark interest rates.
09/14/2013
Her practice focused on enforcement defense and regulatory counseling of financial services firms.
09/14/2013
He stepped down after he was recorded outlining the advantages of planning tax
09/14/2013
Its failures resulted in an unacceptable risk of Axa selling products which were unsuitable for its customer
09/14/2013
At least two Swiss banks are now asking French clients for proof they are not dodging tax