07/31/2018
Blacklist, whitewashed: How the OECD bent its rules to help tax haven USA
Things have got a little more complicated though.
Legal, Regulation & Compliance
07/30/2018
Justice Department Announces Resolution With Swiss Financial And Asset Management Firm
In addition to providing services to individuals and entities based in Switzerland, at all relevant times, Mirelis provided custodial and independent portfolio and asset management services to U.S. taxpayer-clients.
07/27/2018
Sexual Harassment, Embezzlement Claims Settled by New York Hedge Fund
Snow Park Capital Partners has reached an agreement with the ex-CFO who accused her boss of sexual assault. Snow Park, in turn, claimed she stole thousands of dollars from the firm.
07/26/2018
Ex-Julius Baer Banker in U.S. Arrest
Besides Krull, a Colombian citizen was also arrested, and seven more are being sought.
07/25/2018
Legal experts say new SEC rule will hurt whistleblower program
The new rules would potentially limit the size of awards that whistleblowers are entitled to.
07/24/2018
Private Pension Product, Sold by Felon, Wipes Investors Out
Investors accuse Future Income Payments of taking them for more than $100 million
07/23/2018
Barclay Damon Bolts On 14-Lawyer Bankruptcy Firm
The combination of Menter with Barclay Damon is exciting news
07/23/2018
U.S. Censures UBS Over Its Anti-Money Laundering Systems
All Cease and Desist Orders, Civil Money Penalty Orders, and Removal/Prohibition Orders are issued with the consent of the parties, unless otherwise indicated as a Decision and Order issued by the Comptroller of the Currency.
07/19/2018
Deloitte Corporate Finance Advises ESP Associates
Deloitte Corporate Finance provided exceptional support throughout the deal process, providing guidance and advice as we considered all of our strategic options and identified a great partnership for ESP’s future.
07/19/2018
The Compliance Complexity Index 2018 - TMF
At the same time, legal and tax teams need to know what jurisdictions are complex for handling compliance issues.
07/19/2018
Swiss Private Bank fined by US Department of Justice
The IRS recently announced that the Offshore Voluntary Disclosure Program will close on September 28, 2018.
07/18/2018
Greenberg Traurig co-founder Traurig dies at 93
“Bob was unique and a huge influence on all of us at the law firm – lawyers and staff. His accomplishments and contributions to our firm, the legal profession and our community will remain as standards always."
07/17/2018
New constitution in Cuba will recognise free market and private property
But the Cuban Communist Party, led by Miguel Diaz-Canel, remains ‘the superior leading force of society and the state’
07/17/2018
Chinese Billionaire Asks to Delay Prison Sentence Yet Again
“That request is unwarranted, inequitable and should be denied,” a prosecutor wrote.
07/17/2018
Fischer & Schickendantz and Solution Alliance SRL Adopt Andersen Brand in Uruguay
The firm’s professionals deliver services in a number of practice areas, including mergers & acquisitions, commercial contracts, agribusiness, property conveyance, cross-border tax advice, transfer pricing, accounting, litigation & arbitrati
07/16/2018
US Court Rejects Bid to Dismiss Puerto Rico Insolvency Case
The board is appointed under a 2016 federal law — known as PROMESA — to oversee and improve Puerto Rico's finances.
07/13/2018
BTG Founder Esteves Acquitted in Brazil Witness Tampering
In September, prosecutor Ivan Claudio Marx had recommended that the charges be dropped.
07/13/2018
JPMorgan Whistleblower Set to Get Largest Payout from CFTC
Alert on conflicts of interest at JPMorgan leads to $30 million award
07/13/2018
Orsinger, Nelson, Downing & Anderson Announces Two New Partners
Chris and Holly are exceptional attorneys who have demonstrated their dedication to the success and well-being of our clients
07/11/2018
Oaktree Capital Management settles with SEC over pay-to-play charges
An Oaktree Capital spokeswoman declined to comment.