Managers of Wealth

Three Brits arrested in Philippines over boiler room scam

Three British nationals allegedly involved in a investment scam have been arrested in the Philippines.

Switzerland: Swiss Federal Prosecutors' Office Wants To Speed Up International Tax Assistance Procedures

The Lead Swiss Federal Prosecutor, Mr. Michael Lauber, therefore pleads for more efficiency and speed.

FATCA Dubbed A Failure By Repeal Campaigners

Instead of boosting treasury revenues by the $10 billion stated by the IRS, FATCA is unlikely to have recouped more than $100 million in unpaid tax and costs far more to run than is gathered in lost tax, says Nigel Green, who is leading the campaign to re

Barclays's Staley Draws U.S., U.K. Whistle-Blower Probes

Regulators review whether bank chief tried to unmask tipster

FCA and PRA launch whistleblowing probe into Barclays boss Staley

The board immediately instructed an external law firm, Simmons & Simmons, to conduct a investigation into the matter

Brexit is making it cheap and attractive for Asian banks to expand business in London

"Sterling getting cheaper has been an attractive draw to the Asian investor, and with Brexit, the UK may reach out to Asia more as a trading partner."

Director of company that 'misused' €66m co-owns pensions advice firm

The company was liquidated in 2011 after a High Court-appointed investigation by two Central Bank inspectors found "systemic and deliberate misuse" of clients' money.

France’s wealth tax riles and divides presidential candidates

Amid cries for tariffs on rich, critics say it drives entrepreneurs away

Redwood Bank revs up for launch

Redwood Bank will be headquartered in Letchworth, but it will also open a northern regional office in Warrington.

US$2.7 Billion of Sao Paolo Property Linked to Offshore Secret Companies

This underscores how these types of companies are used for corrupt purposes specifically because they hide who actually owns the assets.

Bank of England implicated in Libor rigging scandal by secret recording

The 2008 recording adds to evidence that the central bank repeatedly pressured commercial banks to push their Libor rates down during the financial crisis.

SIX simplifies challenge of Automatic Exchange of Information

As of January 2017, all financial institutions in Switzerland must begin collecting client data

Indonesian tax amnesty odd help for private banks

The bold scheme, launched last year with great fanfare, initially alarmed private bankers.

World Bank targets Singapore retail investors

The World Bank has been looking at selling Sustainable Development Goals bonds

Millionaire tax-dodging owner of Dartford clay pigeon shooting club jailed

The gun-enthusiast businessman evaded almost £1.4m in tax after he hadn’t submitted his self-assessment tax returns for the last seven years.

HNW clients find tax shelter in conservation easements

An adviser who understands them can connect with high-net-worth families.

Taxing times for multinational magnet Switzerland

Overall numbers of foreign entrants may be falling because of the strong franc

Property ownership and public contracting by overseas companies and legal entities - SMP Partners

Beneficial ownership register

RegTech: Evolution or revolution?

RegTech might not sound particularly new or revolutionary – after all, financial services firms have been using technology to automate their processes for decades, right?

Norway wealth fund puts companies on spot with tax, pay demands

For us long-term incentive plans should be removed from pay packages.

Legal,Regulation,Tax & Compliance