Managers of Wealth

Real Madrid's Cristiano Ronaldo agrees €18.8m fine in tax case - sources

The final agreement has still to be signed off on both sides -- and Ronaldo's camp may yet get the prison sentence element removed in exchange for a higher fine.

Breaking up is hard to do: retired Irish High Court judge Henry Abbott on millionaire divorce cases

Retired judge Henry Abbott spent 15 years ruling on high-net-worth divorce cases. He tells Mark Tighe about millionaires concealing assets, warring spouses, and litigants refusing to leave the courtroom

Westpac Charged For Wealth Flaws

Sinha was punished with a five-year ban last year for charging fees without providing all the advice customers had paid for.

1MDB controversy: Legal eagles hired by parties involved

FARA requires agents representing the interests of foreign powers to disclose their relationship with the foreign government and information about related activities and finances.

Aussie bank faces landmark lawsuit over bad advice

Asic is contending that, since Westpac held the financial services licence used by Sinha, the bank is liable for the alleged breaches, which carries a maximum penalty of A$1m (£564,084, €642912, $753,089) per breach.

Wealth adviser faces £30k fine after faking his qualifications

The regulator served him with a £29,300 fine after ruling his conduct had ‘pose[d] a risk to consumers and to the integrity of the financial system’.

How do financial compliance challenges impact the CFO’s agenda?

In a global environment, Chief Financial Officers are mainly concerned about maximising revenues and reducing costs. But compliance is an ever-present element that will influence your choice of growth strategy – and the outcome.

Why the ultra-wealthy are the only winners of 'perverse' inheritance tax gifting rules

Everyone has an annual gift allowance of £3,000, which can be given away free of IHT regardless of when they die.

Tennis champ and 'EU diplomat' claims immunity

Arbuthnot Latham, a British private bank, said he failed to repay loans and wants to seize assets.

Why wills and bequests are not just for philanthropists

The message is we don’t all have to be Guggenheims, Rockafellas, Kaldors, Fairfaxes or Myers to make an impact on the arts.

US firm penalised as pension mis-selling goes offshore

DeVere USA, which has no link to UK advisory firm Chase de Vere, at centre of concerns over pensions advice to British expats working overseas.

Raiffeisen: major corporate governance failings

In 2016, FINMA launched investigations into Raiffeisen Switzerland following indications of potential conflicts of interest.

Asset managers raise pressure on Japan's board appointments

Calls intensify for more outside directors and fewer cross-held shares

Old Mutual boss: More businesses like ours will break up

He says: “Old Mutual is not the only global financial services business thinking about restructuring. I suspect we will see more.

Clamping down on offshore financial centres would not raise tax revenue

As more investment capital is allocated across a diverse range of jurisdictions from investors around the world, the potential for multiple taxation increases.

UK Tier 1 investor visa applications among Chinese nationals soars by 56%. Roman Abramovich no longer interested in UK Visa.

Perhaps some very wealthy people may wish to consider other UK visa routes such as the tier 2 sponsorship licence and tier 2 visa scheme

Legal,Regulation,Tax & Compliance