Managers of Wealth

Andersen Global Continues Expansion in Switzerland

The addition of the team from Reviglobal will allow us to further penetrate the Swiss market and also extend our reach globally.

OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting

These challenges should diminish over time, as the global landscape for CbC Reporting becomes more settled and both tax administrations and MNE groups gain in experience.

China Minsheng Bank handed fine in fake wealth management products case

China Banking Regulatory Commission said the case exposed lax internal control and risk management at the Beijing-based lender

JFSC warning on Initial Coin Offerings

The notice follows other recent warnings from countries including the UK, US, Canada, Germany, Singapore, among others regarding this type of activity.

Goldcrest tax avoidance film scheme loses £44m appeal

The win came after the scheme, used by Patrick Degorce, a hedge fund manager, who was defeated at the Court of Appeal.

Israeli Billionaire's $10b Dollar Lawsuit Against Soros Frozen by Judge

But U.S. court rejects request to dismiss case alleging defamation over Guinean mine read

Mysterious FIFA Bagman Surfaces as Prosecution Witness at Trial

Rodriguez told jurors how he arranged tens of millions of dollars in bribes from his former Argentine sports marketing firm, Torneos Y Competencias SA, to the defendants and others in exchange for broadcast rights to tournaments.

FCA investigates four asset management firms for alleged IPO law breach

The UK financial services regulator has issued a ‘statement of objections’ to four asset management firms

Brazil Takes Aim at Investment Funds for the Wealthy

The government believes the closed funds are used by Brazil’s wealthiest families to invest large sums, often stemming from the sale of family assets.

Saudi Prince Released After $1 Billion Deal, Official Says

Prince Miteb bin Abdullah, one of the most senior Saudi royals detained in the kingdom’s corruption crackdown, has been released after reaching a settlement deal believed to exceed the equivalent of $1 billion, an official involved in the anti-graft

Credit Suisse Loses Lawsuit Filed by Wealthy Kuwaiti Investors

Family worth half a billion dollars lost $29 million in 2008

Embattled Chicago Billionaire Flees When Served With Court Papers

A Private Detective Had Staked Out The Mansion Shah

RBR seeks Saudi royal family investment for Credit Suisse: source

Thiam’s reaction had been polite but cool, the person added.

Tax Justice Network in blacklist warning to UK financial sector

It said the study was overseen for it by Wouter Lips, a PhD researcher at the Ghent Institute For International Studies at Ghent University.

Paradise Papers was 'ploy' to influence first ever tax haven blacklist

On December 5 the European Council will release a blacklist of non EU-countries that are deemed to be tax havens.

Effect Of Proposed Us House And Senate Tax Bills On Family Offices And Investment Vehicles

The House bill would allow a portion of net business income allocated by pass-through entities

Seattle judge strikes down ‘wealth tax’ on people earning more than $250K

The tax was expected to generate approximately $140 million for the Seattle coffers.

Hong Kong and UAE investors start court case over failing £200m Liverpool ‘Chinatown’ plans

As a result, investors, mainly overseas and from Asia are now set to lose millions of pounds, something that the Liverpool City Council believe is “no moral obligation” of theirs.

Tax law has become sexy — but lawyers need to be careful when advising clients

The vice around tax avoidance and evasion is tightening

Director's award is recognition of Guernsey

The Chairman’s Award is given to one member each year who runs one of the practice groups.

Legal,Regulation,Tax & Compliance