Legal Archives - Page 147 of 211

Snapshot: bearer share companies in the British Virgin Islands

May 19, 2021

Regulatory reforms to improve corporate transparency and crackdown on white collar crime prompted most offshore jurisdictions to reform their bearer share regimes.

Legal

IQ-EQ receives regulatory approval to acquire Concord Trust Company

May 19, 2021

This strategic transaction is the first for IQ-EQ in the U.S. Private Wealth trust space, and a signifier of IQ-EQ’s future intent within the U.S. Private Wealth market.

Legal

Former Coutts employee jailed for his part in £1.2m scam

May 18, 2021

Private bank worker passed on customers’ security details to organised crime gang

Legal

Global life insurer admits it helped US citizens hide $1.45bn

May 18, 2021

Swiss Life Holding AG, Swiss Life (Liechtenstein) AG, Swiss Life (Singapore) Pte. Ltd., and Swiss Life (Luxembourg) S.A. Enter into Deferred Prosecution Agreement for Criminal Misconduct; Agree to Collectively Pay More than $77 Million

Legal

Cyprus files first prosecution in passports scandal

May 18, 2021

Parliament speaker Demetris Syllouris and an opposition MP were secretly filmed allegedly trying to facilitate a passport for the fugitive investor.

Legal

Pimfa chief: New post-Brexit regulation supports FSCS reform

May 18, 2021

UK firms will not have to implement the IFPR until January 2022, unless they have a European base or subsidiary.

Legal

Hong Kong offers HK$1 million incentive to jump-start open-ended funds

May 18, 2021

Scheme seeks to boost city’s position as investment gateway to China’s GBA

Legal

Rogue branch lawsuit prompts Morgans payout offer

May 17, 2021

The settlement offer, revealed by The Australian Financial Review, follows Morgans’ own internal investigations having raised alarms about the branch.

Legal

Swiss Lawmakers Want to Weigh in on Credit Suisse

May 17, 2021

The central question is whether regulation of major banks needs to be tightened,» she told the Swiss weekly.

Legal

Credit Suisse under growing pressure to compensate clients over Greensill

May 17, 2021

The collapse of the supply chain finance firm has hurt more than 1,000 of the bank’s customers

Legal

Swiss Lawmakers to Debate Stricter Banking Regulations, SZ Says

May 17, 2021

Lawmakers have to weigh possible tighter rules for risk management, the provision of capital buffers and remuneration policies, Prisca Birrer-Heimo, a councillor with the Social Democratic Party, told SZ.

Legal

Swiss Life Settles U.S. Offshore Tax Probe

May 17, 2021

The recovery...sends an unequivocal message that offshore evasion is still a high priority of Internal Revenue Service Criminal Investigation

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