Money Laundering/AML

Criminal conduct by the Institute of Chartered Accountants in England and Wales (ICAEW) members will now be dealt with according to the new version of the Guidance on Sanctions, which simplifies, as well as amplifies, the 2018 version, Kingsley Napley has noted

Volaw Trust and Corporate Services Limited, now known as VG Trust and Corporate Services Limited, has lost its appeal against Jersey’s Attorney General.

The European Union (EU) Code of Conduct Group’s economic substance requirements came in legislation in certain non-EU jurisdictions at the beginning of 2019.

A new centre of the OECD’s International Academy for Tax Crime Investigation has been opened in Wako, Japan.

Today sees the publication of the 2019 eprivateclient Guernsey Report – a whistle-stop analysis of the private wealth sector in Guernsey

Amendments providing greater certainty and clarity to Cayman trusts law reaffirm the Cayman Islands' position as a market leading jurisdiction for the establishment and administration of sophisticated trust arrangements

Deposits held by companies or individuals in more than 40 key international financial centres, after peaking at $1.6 trillion, have fallen by a third, the OECD reported, declaring that the time is approaching when there is “nowhere left to hide” for tax-evaders.

A charity treasurer who attempted to steal over £330,000 in a Gift Aid repayment fraud has been jailed for three years.

The UK government’s consultation on the transposition of the EU’s fifth money laundering directive (5MLD) is set to close at 11.59pm on 10 June 2019

The Nottingham ringleader of a trio of fraudsters, who stole nearly £305,000 through various tax frauds, has been jailed.