United Kingdom | 31 Jul 12
guernsey states defrauded
An official in Guernseys government has resigned, in the wake of the discovery last week that fraudsters had tricked his department into paying out £2.6m by pretending to be a major contractor.
Tax & Regulation | 31 Jul 12
100 tax do we have a moral obligation to maximise
The cat and mouse game between tax avoiders/evaders and the UK Treasury has strayed into the public eye on many occasions over the past few years. Most recently, we saw high profile celebrities lambasted because of their involvement in what have been deemed morally questionable tax avoidance schemes.
uhy intl adds panamanian firm
UHY International, the global accountancy network, has added a Panamanian firm, Botello & Marquez SA, to its network as it looks to boost its presence in the Americas.
United Kingdom | 31 Jul 12
axa unveils new offshore sales
Axa Wealth International has launched a new, dedicated offshore sales and distribution division, as it seeks to extend its share of the offshore market.
Middle East | 31 Jul 12
qatars masraf al rayan unveils shariah compliant
Masraf al Rayan, Qatars largest Islamic bank and its fourth-largest bank by market value, has set up an independent brokerage subsidiary that it says will buy and sell various Shariah-compliant financial instruments for all types of investors.