As part of Governor Cuomo's commitment to protecting users of financial products and services, New York State's Department of Financial Services (NYDFS) has taken additional steps to address identified deficient practices and failures of consumer credit reporting agencies.

In light of Hurricanes Harvey and Irma, employers and their employees may be looking for ways to provide assistance to those within their organization affected by these devastating storms.

Global professional services firm Alvarez & Marsal (“A&M”) today announces the findings of its latest quarterly analysis of shareholder activism in Europe, the “A&M Activist Alert”, or “AAA”.

On June 30 of 2016, the New York State Department of Financial Services (“NYSDFS” or “DFS”) published a press release announcing Final Rule on Transaction Monitoring and Filtering Programs.

This week Majesty’s Revenue & Customs (HMRC), the U.K.’s tax authority, released key statistics related to the U.K. Diverted Profits Tax (DPT)[1] . DPT of £138m has been collected during the period from April 2015 (when the tax was introduced) to April 2017. Diageo announced in May this year that it would be paying £107m, but intends to challenge the assessment, so it is possible some of the amounts collected will be refunded. HMRC also estimates it collected £174m of additional corporation tax from behavioral changes – this figure will be a low estimate and will only accurately capture situations already under HMRC enquiry.

Much has been written about Starbucks’ successful strategy in China. The company is opening a store a day and aims to have 5,000 stores in the next few years.

I’ve lived through both the highest highs and lowest lows of the IPO market since I first began working in Silicon Valley in the late 1990s. I’ve experienced both the manic days of the dot-com boom’s seemingly daily S-1 filings (remember Pets.com and Webvan?) and the darkest days of the Great Recession (and everything in between).

Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its Financial Industry Advisory Services practice with the appointment of Michael Henry O’Keefe as a Senior Director in New York.

In the following Hispanic Executive interview, A&M Managing Director Ernesto Perez discusses the expansion of the firm’s tax presence into new markets, trends in the industry and the development and promotion of the 260 employees he oversees across ten global offices.

Data is the lifeblood of any modern organisation – it controls how we operate, how we make money and assists with driving competitive advantage within any industry. Even for the most traditional brick and mortar organisations, data is crucial in all forms: from intellectual property (IP) to a company’s most basic customer lists and staff records.

A&M has compiled a short list of action items that business leaders should take heed of now and in the days to come in order to maximize recovery from property damage and business interruption insurance claims:

A&M’s dedicated medical cannabis tax team understands the unique needs of public and private cultivators and dispensaries, as well as the multistate and international tax issues and risks they face.

In the wake of a notable decrease of foreign direct investment (FDI) in the first half 2017 (down 5.43% year-on-year), the Chinese government is making tremendous efforts to encourage more foreign investment in China in the interest of sustainable long-term economic growth.

The Consumer Financial Protection Bureau (CFPB) recently announced the development and implementation of a supervision program focused directly on service providers – the National Information System Supervision Program (NISSP), which is a comprehensive examination program new to service providers in the financial services industry.

In March of this year HM Revenue & Customs (“HMRC”) published a consultation document in respect of non-resident companies who are chargeable to UK income tax and/or non-resident capital gains tax (“NRCGT”), particularly aimed at those owning UK property.