Legal Archives - Page 151 of 211

Credit Suisse: FINMA opens proceedings in “Archegos” case and confirms ongoing proceedings in “Greensill” case

April 23, 2021

FINMA will investigate in particular possible shortcomings in risk management. FINMA will appoint a third-party agent to investigate the matter at the bank.

Legal

Heirs to German Industrial Fortune Face $6 Billion Tax Bill

April 23, 2021

Payment may be largest in German history, magazine reports

Legal

UK Footballers and their agents face increased tax bills as HMRC clamp down on perceived tax loophole

April 23, 2021

The element of the payment which is made on behalf of the player will be treated as taxable income of the player as a ‘benefit in kind’.

Legal

US President to 'propose hiking tax on rich'

April 23, 2021

The plan would also nearly double taxes on capital gains to 39.6% for people earning more than $1m.

Legal

£140000 fine against Standard Chartered Guernsey subsidiary

April 23, 2021

A licensee is expected, at all times, to comply with the requirements of the Regulations

Legal

Cyber hack challenges in international arbitration

April 23, 2021

Proceedings disrupted over allegations of hacking by an adversary

Legal

No or only nominal tax jurisdictions carry out first annual information exchanges

April 23, 2021

The information to be exchanged relates to the identity, activities, and ownership chain of entities that are noncompliant with substance requirements or that engage in “high-risk” activities, such as activities relating to intellectual proper

Legal

Swiss authority to probe Credit Suisse over trading losses

April 23, 2021

The authority said such "enforcement proceedings" against financial institutions typically take months, depending on the complexity of the matter.

Legal

Charity begins at Cuthbert’s home — An update on Colin v. Cuthbert

April 22, 2021

But Aldi’s Cuthbert is seemingly taking his battle straight to the court of public opinion, by launching a public relations campaign showing some real caterpillar chutzpah.

Legal

Swiss Regulator Probes Credit Suisse's Scandals

April 22, 2021

The Bern-based regulator confirmed that it opened an investigation last month into Credit Suisse's involvement with insolvent Greensill.

Legal

AllianceBernstein Executes Landmark Corporate Bond Trade Utilizing Broadridge's LTX® Trading Platform with Four Buyers on Same Block Trade

April 22, 2021

LTX's patented RFX digital trading protocol powers historic corporate bond trade initiated by AllianceBernstein to maximize liquidity, efficiency and execution

Legal

New PIF rules further enhance Guernsey’s funds offering

April 22, 2021

A third path will enable a PIF to be created as a bespoke private wealth structure requiring a family relationship between investors.

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