People Moves | 29 May 13
Kleinwort Benson hires Ron Dicks to grow private
Kleinwort Benson has appointed a family office specialist as its head of private wealth in a newly created role aimed at boosting its South African Private Wealth Management business.
swiss reach agreement on way for its banks
The Swiss government said today that it had reached agreement on proposed legislation that would enable the country’s banks to comply with requests by US authorities for information in connection with their tax evasion investigations.
Profiles & Comment | 29 May 13
the ldf vrs the isle of man disclosure
A little-noticed aspect of the UK's "FATCA" agreements with its three Crown Dependencies is that they are to be accompanied by "tax amnesty" schemes designed to encourage take-up. Here,Crowe Clark Whitehill's John Cassidy looks at how the first of these stacks up next to the LDF.
singapore central bank opens up office in beijing
In a further strengthening of economic ties between Singapore and China, the Monetary Authority of Singapore has opened up its Beijing Representative Office.
Profiles & Comment | 29 May 13
an isle of man view of fatca
The UK Treasury estimates that tax evasion costs HM Revenue & Customs £4bn a year, which has prompted their championing of the US Foreign Account Tax Compliance Act (FATCA).