News
North America | news 21 Dec 16
Cayman Islands plans beneficial ownership platform
The Cayman Islands will gazette two pieces of legislation before Christmas that will pave the way for the jurisdiction to create a platform where overseas authorities can access information on the beneficial owners of companies and other financial entities.
Tax & Regulation | news 21 Dec 16
Payments to tax informants by HMRC nears £500K
HM Revenue & Customs (HMRC) has spent more than £460,000 ($570,000, €547,000) for confidential information from the public and the business community to help it combat tax avoidance, according to London-based law firm RPC.
People Moves | news 21 Dec 16
Ex-deVere MD Mike Coady starts new job ‘with immediate effect’
Former managing director of deVere UK Mike Coady has become chief commercial officer ‘with immediate effect’ at rival firm Guardian Wealth Management (GWM).
Convicted ex-BSI banker to be sentenced ‘beyond the norm’
Former BSI banker Yeo Jaiwei has been found guilty of four charges of witness tampering by a Singapore court as part of the investigations into the 1Malaysia Development Bhd (1MDB) money laundering scandal.
US equities ‘great again’ for Europe’s fund buyers
US equities are ‘great again’ for European investors. They funneled record amounts of money into the asset class in November, with value funds being especially popular.