new us law seen impacting finance industry
Last month’s passage of a new US law aimed at cracking down on tax evasion will hit foreign firms.
Regions
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US Living Trusts may trigger UK trust tax liability
UK nationals living and working in the US may be face UK tax liabilities through Living Trusts
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US Living Trusts may trigger UK trust tax liability
UK nationals living and working in the US may be open to UK tax liabilities through Living Trusts
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Congressman’s letter sparks EU concerns of protectionism
A senior congressman has called on the US to retaliate if the EU goes ahead with the AIFM directive.
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RWC launches fund into Germany
RWC Partners has received authorisation to sell its Ucits III Absolute Alpha Fund in Germany.
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Credit Suisse opens Bahrain office
Credit Suisse has opened an office in Bahrain and appointed Khaled Salah as head of its operations.
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Emirates NBD to launch Jersey-domiciled fund
Middle East banking group Emirates NBD is to launch a Jersey-domiciled money market fund.
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EU in move to end squabbles over divorce venue
The EU is unveiling new rules aimed at ending “forum shopping” by divorcing couples
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obama signs bill with hidden provisions
President Obama yesterday signed into law a bill which will impact on non-US financial institutions.
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Standard Chartered commits to Middle East
Standard Chartered remains committed to expanding its Middle East operations
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UBS to recruit 400 staff in Asia
UBS is planning to add 400 client advisers to its 1,000-strong team in the coming year
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UBS under further tax scrutiny
UBS said authorities in the UK, Canada and Australia are investigating its wealth management arm.