08/22/2013
Broadly speaking, FATCA imposes a 30% withholding on payments of US source investment income to non-US entity payees absent a certification from such payees as to the identity of their US owners or accountholders, if any.
08/22/2013
In April it would terminate business relations with German clients by the end of this year
08/22/2013
Legendary British auction house Christie's will have to clear its name in a New York court after a lawsuit accused
08/21/2013
He joins from Russell-Cooke where he has been a partner since 2009, having previously trained at Macfarlanes, qualifying in 2002.
08/21/2013
We did not fully appreciate how expectations of us have evolved
08/21/2013
The United States is pushing Switzerland for a deal to settle a long-running dispute over banks that shelter tax evaders,
08/21/2013
A former contract worker at Julius Baer Group AG received a partially suspended three-year prison sentence on Thursday after being found guilty of stealing and selling information about the Swiss bank's clients
08/21/2013
Hedge fund manager Reade Griffith has been ordered to pay out more than £800,000 to Kensington council
08/20/2013
The SEC is questioning JPMorgan, the largest US bank, over its relationships with at least two families in China that may have legitimate explanations, sources told Reuters.
08/20/2013
Asia's leading private client lawyers are set to gather at The Mira Hong Kong Hotel next month to debate the challenges facing Greater China's high net worth community at Legal Week's inaugural Hong Kong Private Client Forum.
08/20/2013
hina is set to join a group of 50 developed and developing countries in the fight against tax evasion
08/19/2013
Italy has one of Europe’s biggest grey economies and highest levels of cash transactions, making tax evasion a constant problem despite repeated crackdowns.
08/19/2013
The company earlier this year agreed to settle related charges with the SEC and pay $2.8 million.
08/18/2013
More investment in data governance is needed in companies specialising in asset and wealth management
08/18/2013
Aj Somal, certified financial planner at Aurora Financial Planning, said some discretionary managers were shown “in a bad light” by not submitting comparative performance data.
08/18/2013
While the ban would put at least a temporary end to Falcone's hedge fund career, the consent order detailing the agreement does not say Falcone is barred from being a director or officer of a public company.
08/17/2013
There was industry concern that any changes brought in would adversely affect the industry
08/15/2013
They will range from global asset managers to boutiques
08/15/2013
Paltzer is cooperating with U.S. authorities in their broader investigation of how foreign banks and advisers helped American clients evade taxes, his lawyer,Thomas Ostrander, said.
08/15/2013
After other investors lost two similar claims at a German tribunal last year, the funds added antitrust claims against Porsche to their suit, forcing a move to a court that specializes in cartel suits.