02/12/2017
Here’s the Republican Masterplan for Wall Street Deregulation
The plan comes after President Donald Trump on Friday signed a largely symbolic executive order that outlined an intention to ease banking rules
Legal, Regulation & Compliance
02/12/2017
C Suisse client gets 7 months for hiding $200m
Horsky went to great lengths to hide assets overseas in order to avoid paying his share of taxes to the IRS
02/10/2017
Credit Suisse Client Latest Test to Leniency in Tax Fraud Cases
Prosecutors urged a judge to send him to prison for 20 months.
02/10/2017
Global Alliance Wealth Management strengthens global presence with opening of new office in Tokyo
Leading alternative asset manager and wealth management provider expands global platform with approval to commence Japanese operations.
02/10/2017
How the Flash Crash Trader’s $50 Million Fortune Vanished
The extent of Sarao’s culpability for the flash crash is fiercely contested.
02/10/2017
Do You Know What an IRS Criminal Investigation is?
Your worldwide income is subject to U.S. income tax, regardless of where you reside.
02/10/2017
Panama Papers scandal: Top law firm partners Mossack, Fonseca arrested
The documents showed myriad ways in which the rich exploit secretive offshore tax regimes.
02/10/2017
This is our best chance to scrap the toxic American tax law that makes pariahs out of US citizens
Global tax evasion is, of course, a major international problem that must be tackled head on
02/09/2017
CIBC Opts for Wolters Kluwer’s Regulatory Reporting Hub in Asia and UK
The bank has specifically signed up to use Wolters Kluwer’s OneSumX Regulatory Reporting, including the firm’s Regulatory Update Service.
02/09/2017
Top Wells Fargo executives may lose bonuses over sales scandal
Wells Fargo’s board is pursuing its own investigation.
02/09/2017
More travel complications from U.S. authorities: IRS to revoke Americans’ passports for unpaid taxes
Under new rules, American citizens too could soon be banned from travelling by having their passports revoked for unpaid taxes, warns the boss of one of the world’s largest independent financial advisory organisations.
02/09/2017
Top firm said shutting down business as part of investment banking overhaul
Deutsche Bank had slid to 13th place among banks in that clearing business, the Financial Times said in a report on the plan Wednesday.
02/09/2017
Germany pulls some gold reserves from U.S., France
The Bundesbank aims to store half of Germany's gold reserves in its own vaults in Frankfurt by 2020.
02/08/2017
Banks Should Beware of Changes to U.S. Financial Laws
Mr. Peters warned that the U.S. president’s push to repeal the 2010 Dodd-Frank Act, which put checks on Wall Street after the 2008 financial crisis, could destabilize global financial markets.
02/08/2017
Lawsuit: MetLife failed to pay workers $50M in overtime
The lawsuit seeks class-action status on behalf of claim specialists nationwide who worked on long-term disability insurance claims for MetLife and two subsidiaries.
02/08/2017
Company accused of scamming 9/11 first responders, NFL concussion victims
Authorities say the company charged interest rates as high as 250 percent and high fees on the advances, collecting millions of dollars in interest and fees.
02/08/2017
Indonesia to hold court hearing into Goldman Sachs's billion-dollar dispute with tycoon
Legal experts say the outcome could give an indication on whether the country's civil court proceedings will protect the rights of foreigners.
02/08/2017
Managers Aren’t Doing Enough to Encourage Whistleblowing
Some employees even claimed that they were fired for calling the internal ethics hotline.
02/08/2017
Whistleblower Alleges Swiss Bank Cheated in U.S Tax Pact
The verdict, which Schnellmann told finews.com he plans to appeal, is the result of a five-year criminal complaint into him by the bank, after their partnership soured in 2010.
02/08/2017
Whistleblower Alleges Swiss Bank Cheated in U.S Tax Pact
The verdict, which Schnellmann told finews.com he plans to appeal, is the result of a five-year criminal complaint into him by the bank, after their partnership soured in 2010.