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Tax & Regulation

fsa fines coutts for serious and systemic

Tax & Regulation | 26 Mar 12

fsa fines coutts for serious and systemic

Coutts has been fined £8.75m by the Financial Services Authority for anti-money laundering control failings, which the regulator termed “serious, systemic and allowed to persist for almost three years”.

former citi adviser banned for madoff style scheme

Tax & Regulation | 26 Mar 12

former citi adviser banned for madoff style scheme

The Hong Kong regulator today banned a former private banker at Citigroup Global Markets Asia from the financial services industry for ten years, for operating a ponzi scheme.

sfc waives fees for hk advisers

Tax & Regulation | 26 Mar 12

sfc waives fees for hk advisers

Hong Kongs Securities and Futures Commission will waive its annual licensing fees for a two-year period from 1 April, 2012, it announced today.

jersey signs dta with qatar during middle east

Tax & Regulation | 20 Mar 12

jersey signs dta with qatar during middle east

Jersey has signed a double taxation agreement with Qatar as part of a five day visit to the Middle East region by representatives from Jerseys finance industry and government.

number of uk non doms falls 16

Tax & Regulation | 19 Mar 12

number of uk non doms falls 16

The number of individuals registered with HM Revenue & Customs as non-doms in the UK has fallen by 16% in the two years since a £30,000 annual levy, which permits these non-doms to keep their income free of UK tax obligations, was introduced, data obtained by the McGrigors law firm shows.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.