Laith Khalaf, head of investment analysis at AJ Bell claimed that Britcoin could cause giant disruption in the banking area if it is introduced, as well as growing the chance of a run on business banks in instances of economic stress.The UK's central financial...
The renewed interest in Cayman Islands trusts is driven by a number of key reasons, including the rigor of the law, the quality of the judicial system, and the strength of the financial intermediaries that support the island trust industry. Judith Chatu According to...
It is in February 2014 that the G20 nations sign the NCEA: Common standard for automatic exchange, premises of a new fiscal exchange agreement. Two years later, almost more than 100 countries are adopting the automatic exchange of information, initially promoted by...
The fight against tax evasion and money laundering makes banking anonymity increasingly complex and even impossible in some jurisdictions. The automatic exchange of information put in place by the OECD in 2014 is one of the main reason. This agreement forces the banks...
Since Monday, 5 June 2016, the Gulf countries with Egypt have ceased all diplomatic relations and have applied various sanctions to Qatar. The Qatari government is officially accused of funding and encouraging several terrorist groups in the Middle East region. The...
Following the agreements signed between Germany and Switzerland, the Swiss tax authorities have agreed to tax the bank accounts held by British citizens in Swiss banks. On the other hand, if the Swiss government has agreed to pay a comfortable advance of 500 million...
RECENT POSTS
Standard Life Bank Isle of Man was fined £247,324 after an investigation by the Island Financial Services Authority found "serious regulatory violations". The IOMFSA required Standard to pay a discretionary civil penalty imposed under section 16 of the Act and in...
Standard Life Bank Isle of Man was fined £247,324 after an investigation by the Island Financial Services Authority found "serious regulatory violations". The IOMFSA required Standard to pay a discretionary civil penalty imposed under section 16 of the Act and in...
When you are an entrepreneur, you may be regularly asked how you are going to provide your services to your clients. This means whether you are going to contract through a PAYE agency, through your own shareholding company, or through an umbrella company. To be able...
The UK's HM Revenue & Customs tax authority has ‘seized’ three Non-Fungible Tokens (NFT) after an investigation into suspected VAT tax fraud involving 250 alleged fake companies. HMRC reported that three people had been arrested on suspicion of attempting to...
Get in touch with us today!
