January 21, 2021

Switzerland seeks to regain cryptocurrency crown

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By Anna Irrera and Brenna Hughes Neghaiwi From KFGO NEW YORK/ZURICH (Reuters) – Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it in the last year. The departures, which industry […]

Pubs and bingo halls are among 40,000 properties across London now owned by offshore firms

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By MARK DUELL FROM MAILONLINE IMAGE: Registration: Admiralty Arch, once the Cabinet Office’s base, is allegedly an offshore-owned London landmark Pubs and bingo halls are among 40,000 properties across London now owned by offshore firms – with one in ten properties in some areas registered overseas Hundreds of pubs, dozens of bingo halls and landmarks among buildings […]

Here are the top 10 countries where British criminals launder their money

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By Oscar Williams-Grut From Business Insider Paramilitary policemen take off U.S. dollars strapped around a man’s legs, at the border of Hong Kong and Shenzhen, Guangdong province, April 24, 2014. According to local media, the man was found trying to smuggle in total US$580,000 from the mainland to Hong Kong. Picture taken April 24, 2014.REUTERS/China […]

Chief Minister rejects Washington DC’s tax haven slur [Cayman Islands also named]

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By Adrian Darbyshire From IOM Today Chief Minister Allan Bell has written to the District of Columbia Council to outline his concerns at the island’s inclusion in a blacklist of tax havens. Washington DC released the list of 39 ‘tax havens’ as part of its Budget Support Act, which was signed by the Mayor in […]