Tax & Regulation
Tax & Regulation | 30 May 14
BNP Paribas facing 10bn fine
BNP Paribas is facing a potential $10bn fine from the US Justice Department to resolve a criminal probe into allegations it evaded US sanctions against Iran, according to a report in the Wall Street Journal.
Belgium reacts swiftly to MiFID II ruling
MiFID II, arguably one of the most far-reaching pieces of financial legislation to hit European shores in recent decades, is already beginning to have a direct impact in some corners of the Continent.
Tax & Regulation | 28 May 14
Isle of man chief defends loss of S&P rating
Isle of Man Government chief minister Allan Bell has defended its decision to stop funding a Standard & Poor’s rating for the island following concerns raised by one of the international life companies.
Tax & Regulation | 27 May 14
Trust association launched in Czech Republic
Almost five months after the Czech Republic enacted legislation introducing trusts, a group of trust law experts have come together to establish the Association for Support and Development of Trusts.
Tax & Regulation | 27 May 14
HMRC claws back extra bn from tax cheats
HM Revenue & Customs pulled in nearly £24bn of extra tax revenue last year following its controversial campaign to close in on tax avoidance.