Money Laundering/AML

A look at some of the top stories from the Caribbean and Latin America this week...

HMRC is entering into fewer agreements that save taxpayers from prosecution for tax avoidance in exchange for paying back tax and penalties, Pinsent Masons has claimed

HSBC Private Bank (Suisse) SA has been ordered to pay US authorities $192.35 million following an investigation into its legacy business with US clients

Settlement includes a UK property valued at approximately £50 million

A look at the top stories from Canada and the USA in the past week…

European Union (EU) ministers are set to vote on a move to expose firms' tax avoidance, meaning companies could be forced to reveal profits made and taxes paid in each member state

Jeremy Corbyn’s promise to make this election campaign the most radical yet is coming to fruition with the launch of Labour’s manifesto, which includes significant changes to the UK tax system

A brief look at what’s been going on in North America

Global corporate, funds and trust services provider Estera has announced that Estera Law (Cayman) Limited’s anti money laundering (AML) services portfolio will be consolidated into Estera Trust (Cayman) Limited.

Rawlinson & Hunter's Stephen Yates looks at the latest tax developments