Tax & Regulation
North America | 21 Aug 14
Berkshire Hathaway fined
Berkshire Hathaway has agreed to pay $896,000 in civic penalties following accusations by the Federal Trade Commission that it violated pre-merger reporting laws.
North America | 20 Aug 14
Hard work will reap rewards
With FATCA now a reality for millions of foreigners residing in the US and American expats abroad, laying the groundwork for an effective cross-border response has been essential.
Tax & Regulation | 20 Aug 14
Standard Chartered fined 300m
Standard Chartered faces a further $300m fine and additional repercussions over its continuing failure to comply with anti-money laundering measures.
Tax & Regulation | 19 Aug 14
Criminalised offshore regions increasingly
The impacts of HM Revenue & Customs plans to criminalise offshore tax evasion are looking increasingly severe, as nearly 40% of advisers with clients holding offshore assets claim their customers now prefer to invest into non-disclosure jurisdictions.
North America | 19 Aug 14
PwC faces 25m fine and ban over
PwC has been fined $25m by the New York Department of Financial Services (NYDFS) for abetting the falsification of data within a regulatory report at the Bank of Tokyo Mitsubishi (BTMU).