United Kingdom | 30 Jul 14
HMRC claims victory over NT Advisors
HM Revenue & Customs has claim its eighth tribunal win over tax avoidance schemes run by NT Advisors, bringing the total amount of UK tax it claims to have protected to £750m.
United Kingdom | 30 Jul 14
UBS and Deutsche Bank embroiled in dark pool probe
UBS and Deutsche Bank have become the latest financial institutions to join the so called dark pool probe, initiated last month when Barclays was sued over the operation of its electronic trading division.
North America | 30 Jul 14
FATCA seen as an opportunity not a burden
Contrary to common perception, many wealth management firms in the UK are embracing the controversial Foreign Account Tax Compliance Act (FATCA) legislation, which began its implementation on 1 July, with some carving out a niche specifically advising orphaned American clients.
Asia Latin Am boost JLT Groups six month profits
Insurance and re-insurance broker JLT Group has registered a 16% growth in profit before tax for the first six months of the year, which it said, was boosted by a strong growth in Asian and Latin American operations and also from the acquisition of Towers Watson Re.
North America | 29 Jul 14
Green compares FATCA to communism in new video
Nigel Green has compared FATCA to communism and said American expatriates are furious at being discriminated against by the US government.