Janaury 13, 2016 - French Tax Authorities Investigate Karl Lagerfeld Over Tax Evasion Claims
The latest high-profile name in question is Karl Lagerfeld. The French authorities announced on Thursday that the Chanel designer was the subject of a major tax
January 6, 2016 - Panton: Tax dodgers beware
Financial Services Minister Hon Wayne Panton says Cayman National’s US $6million settlement following a US tax evasion probe should serve as a lesson that tax e
January 4, 2016 - Lombard Odier Settles with DOJ for 99M
Lombard Odier Settles with DOJ for 99M
December 30, 2015 - Julius Bär bank to pay huge fine in US tax probe
The bank did not specify the sum it would have to pay in fines but said its new provision for the settlement was $547.25 million – significantly higher than the
December 30, 2015 - Swiss bank tax evasion fines to US reach $1 bn
With the resolutions "under the Swiss Bank Program, the department has reached agreements with 75 Swiss banks, imposed penalties in excess of $1 billion, and se
December 29, 2015 - MF investors: Less than a 4th comply with US tax law
Less than 25 per cent of mutual fund (MF) investors have given out details in line with Foreign Account Tax Compliance Act, or Fatca, a US tax law, said a sourc
December 28, 2015 - Sanctions to be applied in January to US citizens abroad
The US Internal Revenue Service (IRS) will start tracking Americans evading compliance with the Foreign Account Tax Compliance Act (FATCA) as of January 2016, a
December 21, 2015 - Julius Baer May Face Higher U.S. Fine, SonntagsZeitung Says
U.S. prosecutors could ask Julius Baer to settle for double the $350 million earmarked by the bank, the newspaper reported on Sunday, citing people familiar wit
December 18, 2015 - Three Swiss banks facing big US penalty for helping tax evasion by US tax payers
One of the Swiss banks is a unit of France's Crédit Agricole. The Zurich-based unit of Crédit Agricole will have to pay US $99.2 million (approx. AU$138 million
December 16, 2015 - Switzerland seeks claimants for dormant accounts
The first-of-its-kind list published by the Swiss Bankers Association identifies more than 2,600 accounts with total assets estimated at 44 million Swiss francs
December 16, 2015 - Julius Baer Agrees to Buy Commerzbank's Luxembourg Unit
Swiss banks including Credit Suisse Group AG are stepping up their operations in Luxembourg to help them comply with new European Union financial rules as tight
December 15, 2015 - Three Banks Reach Resolutions Under Swiss Bank Program
The Department of Justice announced today that Crédit Agricole (Suisse) SA (CAS), Dreyfus Sons & Co Ltd, Banquiers (Dreyfus), and Baumann & Cie, Banquiers (Baum
December 10, 2015 - RBS Reaches $26 Million Settlement in Coutts Swiss Tax Probe
Royal Bank of Scotland Group Plc agreed to pay 23.8 million euros ($26 million) to settle allegations from German prosecutors that its Swiss Coutts & Co. Ltd. p
December 2, 2015 - FATCA List – December 1, 2015
The list stays at 177,147 institutions in 226 financial jurisdictions. The list details which overseas financial institutions have agreed to pass personal and
November 30, 2015 - Switzerland sentences tax evasion whistleblower Hervé Falciani to 5 years in prison
Whistleblower Hervé Falciani, a former head of computer security at HSBC's private banking arm in Geneva, was sentenced in absentia Friday after being convicted