Tax & Regulation
Wealth manager aims to help US expats with double tax burden
They often ‘suffer the harshest elements’ of both the HMRC and the IRS
Crown dependencies bow to EU pressure on public registers
Despite fighting UK parliament’s efforts to impose them
Dubai regulator suspends firm for 12 months
Concerns over capital adequacy, fit-and-proper requirements and handling client money
Bermuda fines trust provider over money laundering failures
Firm did not address its ‘deficiencies’ within the timeframe given by the regulator
US expats in France win tax battle against IRS
They will be refunded overpaid tax that shouldn’t have been charged in the first place