Managers of Wealth

Inheritance in the 21st century

Overwhelmingly, those under 25 voted to remain within the open borders of the European Union. Nearly 5 million Britons now live overseas.

Berlin Museums appeal to U.S. Supreme Court in legal battle over Nazi-looted $276 million treasure.

The treasures resided in the cathedral in Brunswick until 1671, when the suite was acquired by the House of Guelph—a royal dynasty whose descendants include such figures as Britain’s Queen Elizabeth II.

Sotheby’s will face a Russian billionaire’s $380-million lawsuit after a judge rejected its dismissal request.

On Tuesday, a federal judge rejected Sotheby’s bid to dismiss the litigation, and said the $380-million suit against the auction house will proceed in New York court.

How to Comply With Economic Substance Laws in the BVI and Cayman

Appearing on the list has the potential to significantly hurt a country’s reputation and limit its ability to engage in financial transactions with EU member states and beyond.

Europe's Billionaires Are Too Fearful To Follow U.S. Calls For A Wealth Tax

Evidence of the growing war on wealth can be seen throughout continental politics.

'We are part of the problem’: billionaires and heirs demand wealth tax

The next dollar of new tax revenue should come from the most financially fortunate, not from middle-income and lower-income Americans.

HMRC revenue soars from hunt for hidden offshore wealth

The data also revealed a 72 per cent increase in tax collected since 2016-17 when £325m was raised.

Ex-UBS compliance officer found guilty of insider trading

Jury finds Fabiana Abdel-Malek and Walid Choucair guilty on three charges; deliberations continue on two other charges

Critics round on Credit Suisse for suing UK over bonus tax

Shadow chancellor John McDonnell calls Swiss bank ‘outrageous’ as it kicks off £239m lawsuit

Money laundering and terrorist financing controls in overseas jurisdictions – advisory notice

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs 2017) require the UK regulated sector to apply enhanced customer due diligence to high-risk countries.

Scandal circles Swiss prosecutor at heart of Fifa case

Michael Lauber’s frequent meetings with subject of investigations spark controversy

FATF 'will not allow cryptocurrency to replace secret numbered accounts'

Finance ministers and Central Bank Governors at the G20 meeting in Japan welcomed the FATF's guidance, which they had themselves demanded last year.

Seven Countries Where Cryptocurrency Investments Are Not Taxed

Gaining tax residency in one jurisdiction often means you are not subjected to taxes in another residency, except for countries like the United States where you are taxed by citizenship and your worldwide income is liable.

Financial industry welcomes public registers move by Guernsey but Westminster wants more

The transition should not bring any disruption to the financial sector operating in the jurisdiction.

Ex-Morgan Stanley Banker Wins $1.6 Million Bonus in Lawsuit

He now heads investment banking in France for Bank of America

Mena emerges a key growth market for HSBC Private Banking

Bank targets double digit growth in client assets and revenues from the region

Billions are being lost due to tax avoidance

By leaving out large and important areas of tax avoidance, the government is able to claim the UK has one of the lowest tax gaps in the world. The claim is laughable

It's unanimous: SCOTUS decision on historic tax jurisdiction case announced

While this decision is momentous, this will remain a hot topic.

Lloyds freezes 8,000 offshore Jersey accounts in dirty money push

UK lender spent three years asking clients for personal information under new rules

Finma adds four firms to warning list

The list includes companies that might be carrying out unauthorised or unsupervised wealth management or banking services.

Legal,Regulation,Tax & Compliance