Ill-gotten wealth and the estate taxes of the Marcoses
In addition, there were other court decisions that established the existence of ill-gotten wealth by the Marcoses
Legal
2108 articles found
5 instant reactions from KPMG on SEC proposed rules
ESG engagement has been driven by investor demand and CEOs seeking to gain an ESG advantage in the marketplace with talent and customers.
Regulation fatigue and inflation top worry list for asset management CEOs
BNY Mellon’s Hanneke Smits, Feri’s CEO Marcel Renné, and ALFI’s deputy director Marc-André Bechet outlined the biggest challenges investors face in 2022
Russian Accounts: Good to Have a Swiss Passport!
Switzerland's adoption of the EU's sanctions against Russia ensnared around 870 individuals and 62 companies, but there are wider implications for those holding Russian passports or maintaining a residence in Russia.
Qealth manager banned for fraud
Was found to have transferred clients’ money to his personal account.
How to improve the EU’s AML Package on beneficial ownership registration
This report contains the Tax Justice Network’s proposed amendments to improve the EU’s draft Anti-Money Laundering (AML) Package with regard to beneficial ownership registration.
Experts warn that a wealth tax in South Africa is coming
SARS intends to go after ‘unexplained wealth’, and has proposed that all provisional taxpayers with assets above R50 million be required to declare specific assets and liabilities at market values in their 20203 returns.
Conflicts Of Interest And Controversial Clients: Henley & Partners’ Caribbean Business
That responsibility ultimately lies with governments, she said, but firms operating these programs like Henley & Partners should be obliged to follow anti-corruption and anti-money laundering laws.
(Not so) Unexplained Wealth Orders
This new provision to allow UWOs to be made against person who don’t actually hold the property is designed to prevent people hiding behind complex corporate structures.
New cross-border double taxation agreement between Switzerland and Italy: Updates
The agreement will apply as from 1 January 2023
OECD announces release of commentary on Pillar Two model rules for global minimum tax
The newly released commentary on the GloBE model rules indicates that the implementation of the new rules “is envisaged by 2023.”
Former DBS manager given prohibition orders after deceiving clients into transferring S$490,000 to personal bank account
he orders took effect on Wednesday (Mar 16) after Loh was convicted of cheating and forgery offences, and using the benefits of his criminal conduct.