01/05/2017
Board of troubled Fidelity Bank approves Mauritian group takeover bid
Fidelity has been looking to sell an equity stake to a strategic investor in order to bolster its capital base.
01/04/2017
Secretive Swiss bank accounts face new crackdown
New rules ensure details will be shared with tax authorities of other nations and vice versa
01/04/2017
Banks reach final resolutions under Swiss Bank Program
Banks already under criminal investigation related to their Swiss-banking activities and all individuals were expressly excluded from the Program.
01/04/2017
The streamlined application process typically allows new insurers to be established within one business day.
01/02/2017
The majority found that Pictet “affirmatively act[ed]” by crediting the funds transferred first to the New York correspondent account
12/30/2016
Information Received Continues to Drive Civil and Criminal Enforcement Efforts
12/29/2016
The guidelines will take effect from 1 January 2017.
12/23/2016
The New AIFMD Regulations set out the detail and the substantive provisions of the Cayman Islands AIFMD Consistent Regimes.
12/23/2016
Each report is supposed to be placed in the government’s official gazette six weeks after the end of each quarter.
12/23/2016
As one of the Swiss financial institutions that had not committed any offenses under U.S. tax law.
12/22/2016
The statement said members of the Opposition shared with the BATT executive team their areas of concern related to the process around the debate and the need for a joint select committee to debate the bill to ensure that “good legislation” was
12/22/2016
The British territory found itself in the somewhat unusual position of having excess cash on hand but unable to legally spend some of it to retire debt amassed over the past decade.
12/19/2016
The FBR is discussing modalities with the banks to set up a system for exchanging information
12/19/2016
Ireland is to appeal the EU's ruling that Apple should pay €13 billion in back taxes
12/16/2016
Article by Martin Livingston, Tim Dawson and Adam Huckle Maples and Calder
12/15/2016
JTC adds Rop scheme to Malta service range
We are delighted that the MFSA has granted us this licence to enable us to offer this fully-fledged Rops facility.
12/15/2016
UK: Reforms To The Taxation Of Non-UK Domiciled Individuals: Draft Legislation And Final Proposals
Individuals with 'mixed funds' in overseas bank accounts consisting of foreign capital, capital gains and income will be able to separate them into their constituent parts.
12/13/2016
Final opportunity to disclose offshore assets before 1 May 2017 introduced by Finance Bill 2016
The Revenue criteria for the types of tax offences which are most likely to be prosecuted are set out in the Revenue Audit Code of Practice.
12/12/2016
The rebrand will see the teams from Intro International relocate to Vistra’s existing offices in Singapore, with no changes to the services provided and the same teams supporting their existing clients.
12/07/2016
Individuals who have more money in their retirement savings accounts can withdraw more.