Monthly Archives: May 2015

May 29

Financial Crime can be Fatal!

​ Five global banks including Citi, J.P. Morgan, Barclays, RBS plead guilty to criminal charges to conspiring to manipulate FX Prices In one country, several of the world’s biggest banks settle as petty criminals for rigging the world’s largest market and defrauding countless investors. Some get a wrist slap. Others, those who have been caught […]

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May 27

Tax Authorities Will Have Unrestricted Access

​ They Will be Watching You! On Thursday 21st May, the European Parliament formally approved the last stage of the 4th Money Laundering Directive. The new directive means that registers of beneficial owners of companies and trusts will become compulsory in all countries of the European Union. When the directive is fully implemented tax authorities […]

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May 26

How to Hide Money in a Tax Haven!

The International Consortium of Investigative Journalists produced the excellent video below to explain in very simple terms how easy it was to hide assets offshore.The content goes a long way to explaining why Governments throughout the world are putting more and more agreements in place to reveal the ‘real’  or beneficial owners of companies and […]

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May 25

Will Greece be the leader of the PIGS ?

The problem in Greece is that it has run out of cash. The Greek people have elected a radical left wing government bent on reversing five years of creditor mandated austerity measures and painful economic overhauls. The gloves officially came off last week when Moody’s released a report titled  “Outlook For Geece’s banking system is […]

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May 22

Is The World on the Brink of Economic Collapse

Is The World on the Brink of Economic Collapse?  Stephen King seems to think it is possible and he is certainly not alone in that.In a note to clients Wednesday, he warns: “The world economy is like an ocean liner without lifeboats. If another recession hits, it could be a truly titanic struggle for policymakers.”Now […]

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