British Expats

British Expats (https://britishexpats.com/forum/)
-   The Sand Pit (https://britishexpats.com/forum/sand-pit-116/)
-   -   Is this the end of Offshore & Private Banking in the UAE? (https://britishexpats.com/forum/sand-pit-116/end-offshore-private-banking-uae-888756/)

alfrombarking Dec 12th 2016 4:50 pm

Is this the end of Offshore & Private Banking in the UAE?
 
The UAE is a big hub for private banks catering to wealthy clients, many of whom are able to store assets in offshore accounts around the world such as Jersey, Switzerland, and Hong Kong as well as in the UAE. In recent years however, governments have been tackling some of the world’s biggest private banks such as UBS and imposing hefty fines on them for failing to disclose account information to governments chasing tax evaders.

UAE banks warn customers on new international tax compliance measures | The National


All times are GMT. The time now is 3:54 pm.

Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.