Archive for December 15th, 2014
Swiss Bank exits FATCA programme
(CNS Business): Barclays Bank’s Swiss operations is ending its cooperation with the Internal Revenue Service’s efforts to prevent investors from investing money in foreign countries with more amenable tax structures and policies. During a Zurich speech, Barclays bank executive Francesco Grosoli announced that the firm’s Swiss operations had “recently exited the programâ€, after evaluating its legal […]
Bermuda green lights casinos
(CNS Business): Amid debate and controversy, Bermuda has passed legislation to allow casino gaming on the island. After a 10-hour debate in the House of Assembly the Casino Gaming Act 2014, tabled by Tourism Minister Shawn Crockwell, was passed in the early hours of Saturday morning. This follows the Cruise Ship (Casino) Act 2013, passed in […]
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