September 23, 2010 - Seeking Bank Secrecy in Asia
Now, amid a growing crackdown on Swiss private banking, the rich are flocking to Singapore and Hong Kong, which still offer some of the world’s most secret accounts.
September 16, 2010 - Ex-HSBC Banker Tells Jury Cohen Denied Owning Account
A retired HBSC Holdings Plc banker told a Florida jury that accused hotel developer Mauricio Cohen Assor denied owning an offshore corporation that prosecutors say he used to help hide income and assets from tax authorities.
Septembr 4, 2010 - UNDER SCRUTINY
The Justice department has already chased at least three of the London-based HSBC’s U.S. clients for evading taxes using offshore accounts. By many accounts the noose may now be tightening even more, especially on India.
August 26, 2010 - HSBC Private Bank Stems Outflow After Stolen Data ‘Stress
HSBC said in March that Hervé Falciani, a former software technician in Geneva, stole details on at least 24,000 accounts. The French government has used the data to search for tax dodgers
August 30, 20130 - TLPA New Swiss Bank Voluntary Disclosure Consulting
Teig Lawrence P.A. Announces New Consulting Practice for Swiss Bank Voluntary Disclosure Program
August 26, 2010 - I-T asks local clients of HSBC’s Swiss bank to come clean
clients of HSBC’s Swiss private bank were rattled when a former employee of the British bank stole a mountain of data on thousands of accounts. That list, containing many Indian names, appears to have found its way into the hands of Indian tax authorities...
August 26, 2010 - How to Choose The Right Offshore Disclosure Attorney
This article will help you choose the right attorney to assist you with making an offshore voluntary disclosure.
August 14, 2010 - I-T asks local clients of HSBC’s Swiss bank to come clean
MUMBAI/NEW DELHI: A few months ago, wealthy clients of HSBC’s Swiss private bank were rattled when a former employee of the British bank stole a
mountain of data on thousands of accounts.
August 9, 2010 - Offshore Tax-Avoidance and IRS Compliance Efforts
The IRS continues to uncover abusive tax-avoidance schemes involving offshore activity. Find information here pertaining to Union Bank of Switzerland (UBS).
August 6, 2010 - HSBC under investigation
SEC is investigating HSBC's compliance with anti-money laundering procedures.
August 5, 2010 - DoJ launches investigation into HSBC’s American arm
HSBC’s American operations are being investigated by the US Department of Justice (DoJ) and a string of other federal agencies over allegations it has been involved in money-laundering.
August 4, 2010 - HSBC Says Subject of U.S. Money Laundering Probe
The U.S. Department of Justice has already opened a criminal investigation into whether some HSBC clients may have failed to disclose offshore accounts, lawyers familiar with the probe told Reuters last month.
August 3, 2010 - How to Choose the Right Offshore Disclosure Attorney
You have to be very careful about choosing the right attorney to handle your offshore disclosure case. This article will help you identify some serious red flags before you retain an attorney.
July 26, 2010 -HSBC Trying to Avoid Becoming Next UBS
While UBS said it cooperated with U.S. authorities, it cited Swiss bank secrecy law when withholding the identities of U.S. account holders and didn't produce an indicted executive.
July 26, 2010 -HSBC Trying to Avoid Becoming Next UBS
While UBS said it cooperated with U.S. authorities, it cited Swiss bank secrecy law when withholding the identities of U.S. account holders and didn't produce an indicted executive.