08/12/2021
Hope for Swiss Bankers Stranded by Indictments
The French banker just won herself a key victory in an issue that has also vexed a handful of Swiss bankers for more than a decade.
08/12/2021
Britain's Most Wanted Woman Laundered £1 Billion and Disappeared Into Thin Air
Sarah Panitzke was a well-off expat living in Spain when she became embroiled in a criminal enterprise worth £1 billion.
08/12/2021
Wakil must complete the transfer of $21.3 million from his Swiss bank account to the federal court registry in Miami, while federal authorities place liens on more than a dozen properties, a plane, a yacht and local bank accounts to cover the balance for
08/11/2021
The Swiss bank's CEO, Thomas Gottstein, has said recovering investors' money is its top priority. Credit Suisse has so far returned $5.9 billion.
08/11/2021
The Continuing Saga of High-Net-Worth Individuals and Sports
One year ago, the Internal Revenue Service announced that it would be reviewing hundreds of high-income individuals’ tax returns in the last half of 2020.
08/11/2021
Carve-out and spin-off deals likely to increase as companies reorganise
08/10/2021
The English Football League’s (EFL) Owners’ and Directors’ Test bars anybody who has an unspent criminal conviction with a sentence of more than 12 months from owning a club.
08/10/2021
New rules will finally unlock the UK Spac market
There will certainly continue to be strong competition from European neighbours – most notably the Netherlands and Luxembourg
08/10/2021
Nick is a specialist family lawyer who focuses on all areas of family law, including issues arising from divorce
08/08/2021
It represents a major change for investment firms. It is critical that firms adequately prepare for the regime.
08/08/2021
Analysts say his bankruptcy case shows the extent to which the government is now going after them to mitigate public anger over absconding tycoons
08/06/2021
Under the CBFD Directive, only certain third parties may engage in pre-marketing on behalf of an authorised EU AIFM
08/06/2021
The AMF's enforcement committee estimated that two former employees' irregular transactions in 2014 and 2015 resulted in a €48.1m loss.
08/05/2021
This was cut recently to £1million from £10million in the March 20 budget so this will also contribute to future increases.
08/05/2021
There now appears to be no one working at or advising TJN who has ever worked in tax, or accounting, or financial services.
08/05/2021
Authority finds no evidence that the wealthy used FICs for tax avoidance
08/04/2021
Butterfield Reaches Resolution With US Department of Justice
The financial payments totaling $5.6 million in respect of Forfeiture and Tax Restitution Amounts are in line with the existing provision included in Butterfield’s financial statements as recorded in 2015 and 2016.
08/04/2021
Archegos employees face losing up to $500m in deferred bonuses
Value of deferred pay plan had swelled before Bill Hwang’s family office collapsed
08/04/2021
Mirabaud & Cie private banking was founded in 1819 and has offices and subsidiaries in Switzerland, Canada, France, and the United Kingdom, as well as branches in Madrid, Barcelona and Seville.
08/04/2021
The SFC’s investigation found that between May 2004 and May 2018