Managers of Wealth

Former BSI banker received 'a salary offer of $500k a year' to join tycoon

"Bangla" phones belonged to construction workers who had left Singapore and so would not be traceable.

ANZ joins banks' move away from wealth management

The division includes financial advice, life insurance and superannuation.

Royal Bank of Canada scraps UK tax advice service

The decision comes with the admission that tax advisory services are not a strength of major banks and that for this reason RBC will refer such activity to third party specialist tax advisors.

Banking & Securities Viewpoints - Deloitte

A biweekly digest for executives

Switzerland and Latvia sign protocol of amendment to double taxation agreement

Finally, legal certainty is increased for taxpayers with the inclusion of an arbitration clause.

NAO urges HMRC to “farm” wealthiest people for more taxes

Paying the right amount of tax – the correct amount due under the law

Brazil’s amnesty collects CHF1.5 billion from Switzerland

The taxpayers and companies declared the equivalent of R$169.9 billion in undeclared assets abroad under the programme.

HMRC investigating £1.9bn HNW tax avoidance

HMRC believes that around 15% of high net worth individuals have used at least one scheme.

Swiss Banks: Asset Drain Amid Tax Amnesties

Tax amnesties in Latin America are successful instruments to get citizens come clean and repatriate their asset

‘Killers having lunch’: The real life Wolves of Wall Street

Finance: Out of Control?

US Clients of Swiss Banks May Turn to Bitcoin As Swiss Stop Accepting US Clients

It can even be more secure than traditional banks because you control your own funds.

HMRC chasing £1.9bn tax from UK's richest people

They often have complex tax affairs involving different countries.

Revealed: £1.9 billion tax ‘owed’ by super-rich probed by crack team at HMRC

National Audit Office reveals scale of HMRC team - and slow progress

Pinsent Masons calls for clearer regulatory guidance on robo-advice

Robo advice tools have the potential to help address the UK's 'advice gap' that was highlighted in the Financial Advice Market Review, published in March 2016.

FCA orders wealth firm to stop taking new money

According to a brochure released by Greyfriars, Portfolio Six is a discretionary managed investment portfolio made up of ‘non-correlated investments’ including corporate bonds.

U.K. Aims for Massive Rise in Tax Evasion Criminal Convictions

HMRC prioritizes the recovery of tax where it identifies fraud and uses civil investigations in the majority of cases

Africa tax in brief by Celia Becker

Kenya: Finance Act 2016 enacted

Warren calls out KPMG for Wells Fargo disaster

WF hired KPMG to conduct independent audits

Hong Kong court opens investigation on Swiss bank UBS

Hong Kong tightened up its stock listing rules three years ago by making the banks responsible for preparing IPO documents

Official hails program to track secret Swiss bank funds

Switzerland has long been a popular destination for financial criminals committing activities such as tax evasion and money laundering

Legal,Regulation,Tax & Compliance