Compliance With FATCA ‘Inevitable,’ Says Withers
Compliancy inevitably and absolutely the first step’ with regards to the US Foreign Account Tax Compliance Act (FATCA), stated Kristin…
Legal
2649 articles found
Premier client’s personal adviser loses appeal in embezzlement case
A banker lost his appeal on Wednesday and will spend five years in jail for abusing his banking job and…
Israel arrested UBS adviser, 13 others, in tax evasion investigation
Israel arrested 14 people, including a senior UBS investment adviser, as part of an investigation into Israelis allegedly holding undisclosed…
Compliance With FATCA ‘Inevitable,’ Says Law Firm
‘Compliancy inevitably and absolutely the first step’ with regards to the US Foreign Account Tax Compliance Act (FATCA), stated Kristin…
U.S. probing Standard Chartered over Dubai banking -sources
U.S. authorities are investigating London-based Standard Chartered Plc for potential U.S. sanctions violations connected to its banking for Iranian-controlled entities…
Leading UAE law firm Appoints Chief Operating Officer
Leading UAE law firm Baker & McKenzie Habib Al Mulla has appointed David Denman as Chief Operating Officer for the…
Are US expats in UAE thinking of giving up passports?
Nobody likes taxes and if you are an expat from the US then you probably dislike one in particular, the…
Banker Beats Israeli Account Tax Fraud Charges At Trial
A retired senior vice president at Israeli-based Mizrahi Tefahot Bank Ltd. (MZTF) was acquitted in Los Angeles federal court on…
Ex-Mizrahi Octogenarian Banker Acquitted at Tax Trial
A retired senior vice president at Israeli-based Mizrahi Tefahot Bank Ltd. (MZTF) was acquitted in Los Angeles federal court on…
Saudi Sheikh launches $10bn lawsuit against Barclays over banking licence fraud
A wealthy Saudi businessman is seeking $10billion (£6.2billion) in damages from Barclays after claiming the bank ‘hatched a fraudulent’ scheme…
Compliance with U.S. regulations seen as existential issue
Complying with evolving U.S. economic sanctions and anti-money laundering regulations is an existential issue for Lebanese and Arab banks, bankers…
UAE and Luxembourg sign protocol amending agreement on double taxation and fiscal evasion
He Obaid Humaid Al Tayer, Minister of State for Financial Affairs and HE Pierre Gramegna, Luxembourg's Minister of Finance, today…