Managers of Wealth

Elite syndicate in Revenue deal for 'aggressive' tax avoidance

Settlement means investors' names will not be published

Fake ‘Rothschild’ who lived the high-life in China exposed

Wentworth owners Reignwood and the president of China’s top university were among those fooled by a man with a “charming British accent” and a surname worth its weight in gold

El Chapo’s chief financial operator captured in Mexico

The 34-year-old operated a network of companies and currency exchange centres

Wafic Saïd sues Barclays over cutting ties

He is seeking an order under the Data Protection Act to force the bank to turn over any information it has that it relied on in its decision to sever its relationship with the 76-year-old Monaco resident and Conservative party donor.

Making automation count in the struggle to comply

Against such a backdrop, investing in technology is a no-brainer.

Arming bankers to tackle tax transparency head-on

Some of the practical and tangible solutions range from re-inventing the controls on an institutional basis to creating fact-sheets for clients to give them clarity on the process and policy.

Credit Suisse CEO, Blindsided by Risk Buildup, Cuts Jobs

Since taking over in July, Thiam, 53, has pledged to focus on wealth management while shrinking the riskier securities businesses

U.S. wealth managers grit teeth and prepare for Labor rule

Supporters of the new rule, such as consumer groups and retiree advocates, say it will promote transparency and protect investors from being sold unnecessary financial products

Swiss Bank/U.S. Near Tax Settlement.

The U.S. has been aggressively tracking down Swiss accounts since 2008, hoping thereby to severely reduce this method of tax evasion.

Credit Suisse to pay USD665,000 penalty to settle CFTC charges

The Order further finds that in March 2013, CSS-USA submitted to Enforcement

Dutch given details on "hundreds" of taxpayers' Swiss accounts

For hundreds of other Dutch UBS account holders who did not lodge similar appeals, however, their information was already transferred to the Netherlands from Switzerland.

Regulations improve Swiss investor confidence in hedge funds

Although hardly the most complex piece of legislation ever introduced, various questions have arisen in implementing the legal representative provision.

Investors Sweet on Tax Havens

These funds took in $301 billion in net new money last year, bringing their total assets to $4.8 trillion, a 6.5 percent growth rate over 2014.

Credit Suisse, CIA-Funded Palantir to Target Rogue Bankers

The Zurich-based lender plans to expand Signac to monitor all employee behavior, catch breaches of conduct rules, and eventually offer the service to other banks.

FIFA official pleads not guilty to bribes

A lawyer for Takkas did not respond to a request for comment.

OECD releases standardised electronic format for the exchange of BEPS Country-by-Country Reports

The Country-by-Country reporting template does not apply to groups with annual consolidated revenue in the immediately preceding fiscal year of less than EUR 750 million.

International law firm announces launch of new integrated global team

This combination will bring significant advantage to clients by ensuring that work of the highest quality is delivered by the right people

Swiss-Dutch taxation pact not applicable in UBS case, says Swiss court

A taxation pact between the countries does not extend to "group requests that do not include names of individuals", the Swiss court wrote in a statement after publishing the ruling on Monday.

Disclosure of Beneficial Owners of Foreign Companies Holding UK Property

Whilst the main aim of the proposal is to tackle crime, corruption and money laundering it is quite likely that one of the aims is to collect beneficial ownership information so that the new rules in relation to UK Inheritance Tax for residential properti

224 To Testify in HSBC Case

A judge has cited 224 Argentines under investigation for tax evasion and money-laundering, ordering them to give testimony over a high-profile scandal involving HSBC bank accounts held in Switzerland

Legal,Regulation,Tax & Compliance