Since 30 September 2017, two new criminal offences relevant to the offshore world have been in force under the UK Criminal Finances Act: failure to prevent the facilitation of UK tax evasion; and failure to prevent the facilitation of foreign tax evasion.
Partner Nick Williams, co-head of Ogier's Regulatory Group, has written an at-a-glance guide to the legislation, covering five things that you need to know, and five things that you need to do.
Read more here.
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