08/30/2019
New rules penalise non-doms
A large proportion of the fall in numbers is made up of those individuals who are now ‘deemed domiciled’ for tax purposes
Legal, Regulation & Compliance
08/29/2019
Andersen Global Announces Agreement in the Netherlands
They have a high-end consulting practice that fits in well within a global organization, which will allow us to deliver a broad scope of services internationally.
08/29/2019
DVLA warns drivers about car tax scams which could see criminals get your bank details
THE DVLA has issued warning to drivers about car ta scam which could see criminals gain access to your debit and credit card details.
08/29/2019
WBD Advises US Client On First UK-Based Acquisition
National is targeting significant growth in the UK and has already set aside £20m to invest in leasing properties in London over the next three years.
08/29/2019
British citizens born in America face having bank accounts frozen
The Internal Revenue Service is ordering British banks to hand over the American tax identification numbers of dual nationals so they can be charged tax as overseas citizens.
08/28/2019
‘We must do it’: Deutsche Bank allegedly hired children of Russian, Chinese officials to win work
Ten days after the move was complete, the new employee’s father sent Deutsche Bank a request for a proposal on a bond deal worth more than $2 billion, a deal the bank ultimately won.
08/28/2019
Law Commission seeks views on intermediated securities
The Department for Business, Energy and Industrial Strategy (BEIS) has asked the Law Commission to conduct the scoping study, and as part of it we are launching our 10-week call for evidence, which closes on 5 November 2019.
08/28/2019
Brexit pushes almost 100 firms to move to Netherlands
Overwhelming majority of companies had offices in the UK but have now either relocated to the Netherlands or established offices there
08/28/2019
Trustee Survival Guide: Beneficiary Rights to Information - Navigating the Evolving Landscape
The Advisers could refuse disclosure of any personal data contained within confidential communications between the Advisers and the Trustees
08/28/2019
PIMFA Launches Results From Their 2019 CEO Sentiment Report
The CEO Sentiment Research Series was originally launched in 2016, to be an informative canvass of member CEOs on their views each year regarding the issues for focus or concern within the wealth management and financial advice industry.
08/28/2019
Fake-branded bars slip dirty gold into world markets
Fake gold bars - blocks of cheaper metal plated with gold - are relatively common in the gold industry and often easy to detect.
08/28/2019
English law governed debt reigns supreme
Two creditors with English law governed debt did not participate in the Azerbaijani restructuring nor did they submit to the jurisdiction of the Azerbaijani courts.
08/28/2019
FSCS receives 110 claims against collapsed adviser
It added it was too early to determine the value of the claims.
08/28/2019
A Bitcoin first? Stewarts obtains asset preservation order over cryptocurrency
Using the services of Chainalysis (a blockchain investigations firm), it was quickly established that 80 Bitcoin had been sent to a wallet held at Coinbase UK Ltd, the UK arm of San Francisco-based Coinbase, one of the world’s leading cryptocurrency
08/27/2019
PSD2 will bring changes to online banking, BPFI warns consumers
The increased security measures, known as strong customer authentication (SCA), will manifest in varying ways depending on which provider a person banks with.
08/27/2019
UK banks face week of hunger strikes and protests
Action will take place against Clydesdale, Danske and Lloyds over alleged mis-sold loans
08/27/2019
Mourant advises on US$274 million takeover
The acquisition of Toro was undertaken by contractual takeover under the Companies (Guernsey) Law, 2008.
08/27/2019
The SM&CR – what is it and why do we need it?
Based on this recommendation, Parliament passed legislation in December 2013 that prompted the primary regulators of the financial services sector, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), to implement a Senior Mana
08/26/2019
SMCR: A new era for international compliance
All of this puts current international heads of compliance in an interesting position. Accept responsibility they can't realistically adopt (or don't want to) - or hand over the head of compliance title to someone who will, or who feels they ca
08/26/2019
British citizens born in US risk having UK bank accounts frozen
Britons who left US as children being chased by their banks for a US tax ID they do not have