June 2, 2017 - Why Bitcoin Needs Washington to Go Mainstream
Like the open Internet, support from government is key to fostering its growth. Fortunately, there are concrete steps that the U.S. government can take to ensur
June 1, 2017 - Super-rich evade on average nearly third of their due tax
“The probability to hide wealth offshore rises very steeply within the top 1%,” the paper, entitled Tax Evasion and Inequality, said. “By our estimate, the top
May 24, 2017 - Fair Isaac Corporation: FICO Survey: 1 in 5 APAC Banks Say Tax Evasion Will More than Double in 2017 Despite N
68 percent of respondents say they do not currently have the resources or solutions to identify and report tax evasion properly.
May 15, 2017 - This Caribbean Bank Wants Chinese Money No One Else Will Touch
The new Bank of Asia (BVI) Ltd. is to begin operating online later this year.
May 10, 2017 - UBS's Blessing says Swiss banking employment to continue shrinking
The Swiss banking industry employed 103,041 people in 2015, according to figures from the Swiss Bankers Association, compared with 105,735 two years earlier and
May 2, 2017 - Swiss spy agency defends practices after German arrest in tax case
"When someone in Switzerland uses illegal methods in Switzerland to steal state or business secrets, that is espionage, and we have the task to fight that," FIS
April 25, 2017 - Trust Companies, Banks Should Be Main Haven Targets: EU Report
“Targeting only the most essential intermediaries (trust companies and banks) for the creation and maintenance of offshore structures could be most effective, a
April 18, 2017 - The US “Offshore” Industry and the Eurasian Connection
The ugly truth is that many federal and state entities in the United States have made it easy for foreigners (and American citizens alike) to set up shell compa
April 10, 2017 - Offshore Money, Bane of Democracy
Offshore is an idea: a parallel legal system for corporations, kleptocrats, celebrities or anyone else who can afford it. Offshore gives the wealthy a way to av
April 6, 2017 - Swiss Stress Cooperation in `Huge' Cases Like Credit Suisse
The number of foreign-assistance requests to the Swiss prosecutor’s office jumped to 193 last year from 145 in 2015 as more foreign prosecutors reached out for
April 5, 2017 - Swiss Still Unhappy About Omission from Bank Raid Process
The probe, which is examining possible tax evasion by Credit Suisse clients in the Netherlands, France, Germany, the U.K. and Australia, has left Swiss authorit
March 20, 2017 - Swiss court overturns ban on releasing UBS client data to France
Switzerland's Supreme Court has ruled that the government can comply with a French request for information about a UBS client's bank account, despite the reques
March 20, 2017 - Hopes of UBS settlement with French authorities fade
French prosecutors want UBS to pay a €1.1bn fine for assisting wealthy clients to evade tax authorities, scuppering hopes that the long-running legal battle wit
March 6, 2017 - Swiss Banking Giant Can’t Be Sued in California
AM Trust accused the Zurich-based bank in 2014 of shutting down the accounts of secret account-holders who had died or were absent for long periods, including f
February 23, 2017 - Credit Suisse’s Israeli Desk in New Tax Evasion Probe, Report Says
The investigation focuses on the bank’s Israeli desk, which has hundreds of clients. According to the report, an investigation of a dual Israeli-American citize