Managers of Wealth

Barclays France Faces Money Laundering Accusation

Barclays last week said it had entered into exclusive talks with AnaCap Financial Partners over the sale of its French retail banking operations

Let the world know Bermuda is no tax haven

If the process is legal, why are we labelled a tax haven?

Standard Chartered Said To Probe Banker Expenses

Standard Chartered PLC has been conducting a probe into its bankers’ conduct, including cases of padding expense reports and improperly lending money to colleagues

Panama Papers create a golden opportunity for UK fund houses

Onshore might be about to become de rigueur, and the UK stacks up rather well, says Andrew McNally

South Africa Voluntary Disclosure Programme - Deloitte

From 1 October 2016 a special Voluntary Disclosure Facility will open which will allow natural persons, corporates and close companies, which are resident in South Africa, to disclose previously undisclosed foreign assets and income to regularise their t

Swiss Regulator Probes Coutts in International Investigation

Switzerland has attracted unprecedented scrutiny from foreign authorities in recent years

CMS announces 31 partner and two director promotions globally, alongside key management changes

CMS has added 31 partners across 22 offices globally, in addition to two director appointments in Scotland. Women represent over 39% of the firm’s promotions, spread across a number of practice areas and jurisdictions

Significant UK tax transparency changes - Deloitte

Offshore Tax Bulletin

What happens in Panama stays in Panama? A short review of the law of confidence by Nigel Adams

The law of confidence exists in English law to protect confidential information from publication and/or other unauthorised use.

Ex-BSI Singapore banker involved in 1MDB probe faces additional charges

The prosecution alleges that former private wealth banker Yeo Jiawei played a significant role in moving large amounts of money.

Hatstone News

This newsletter brings news from our three offices in Jersey, Panama and South Africa and announces our new office.

Swiss Private Banks Target Overseas Growth As Uniqueness Vanishes

A global clampdown on tax evasion, led by US law authorities, means a Swiss account is no longer such an easy place to hide ill-gotten gains.

The Benefits of a Swiss Holding Company - Dixcart

There are many reasons why Switzerland is a favoured location for international business.

'Fugitive' wealth manager reassures investors

The case is the latest involving alleged financial fraud to emerge in China as the economy slows, sometimes leaving investment firms struggling to pay out promised returns.

Appleby acts on landmark Seychelles environmental deal

The landmark agreement triggers a US$31 million funding package that will benefit critical marine conversation work in Seychelles.

Panama Papers: HSBC chief says only 5% offshore accounts still active

Mossack Fonseca, the law firm at the centre of the Panama Papers leak, had alleged that HSBC had asked for the creation of offshore companies for their clients.

African Bank Investments' Ex-Directors Rebuff $142 Million Claim

Daniel le Roux, an attorney representing the 10 former directors of Abil, confirmed that court papers were filed on April 15 and declined to comment on his clients’ behalf.

Singaporean Ex-BSI Private Banker Charged Amid 1MDB Probe

A Singaporean ex-BSI private banker has been charged with receiving benefits from criminal conduct

HMRC hail multimillion-pound victory over tax avoidance scheme

The court heard the scheme, involving synthetic sales of bonds, was designed to take advantage of different accounting standards governing when assets should be recognised.

Steven L. Cantor Receives Miami Today Award

Global Attorney Steven Cantor of Cantor & Webb Cited

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