In light of the furore surrounding the Paradise Papers and the offshore tax affairs of companies and high net worth individuals, a chartered tax adviser [...]…
Merchant invests in $3.1bn wealth advisory firm Corient September 22, 2020 Verdict Staff Singapore signs multilateral tax cooperation agreements
Singapore has signed multilateral framework agreements on bilateral cooperation on Automatic Exchange of Information (AEOI). The city-state signed the Multilateral Competent Authority Agreements (MCAA…
Switzerland ratifies automatic information sharing protocol with 41 jurisdictions
The Swiss Federal Council has adopted automatic exchange of financial account information with 41 states and territories, to flush out black money. The council, which [...]…
New Zealand under pressure from Panama Papers allegations
The Panama Papers saga has pinpointed New Zealand as a hub for secretive use of shelf companies, with much of the hidden wealth being derived from wealthy Latin Americans.…
J. Safra Sarasin to acquire Credit Suisse operations in Monaco, Gibraltar
Swiss private banking firm J. Safra Sarasin has agreed to purchase Credit Suisses private banking operations in Gibraltar and Monaco.…
Sanne Group to buy South African fund administrator IDS Fund Services
Sanne Group, a provider of outsourced corporate and fund administration, reporting and fiduciary services, has agreed to purchase South Africa-based IDS Fund Services for an initial cash consideration…
Standard Bank names new CEO for Offshore Group
South Africa-based Standard Bank has named Will Thorp as new chief executive for its Offshore Group, replacing Mark Hucker, who will step down to pursue new opportunities.…
JTC Malta gets trustee licence from MFSA
Fund services provider JTC Malta has received a licence from the Malta Financial Services Authority (MFSA) to significantly bolster its institutional and private client services offering from the juri…
Two Cayman Islands financial firms plead guilty in tax evasion scheme
Two Cayman Islands-based financial firms, Cayman National Securities and Cayman National Trust, have pleaded guilty in Manhattan Federal Court to conspiring to help US taxpayers hide more than $130m i…
Jersey Finance hires new business development director for London
Jersey Finance has named William McGilivray as new business development director for London, replacing Richard Nunn.…
