Managers of Wealth

The real threat to Britain’s borders is the flow of dirty money Roberto Saviano

It’s probably remain’s least used argument, but isolated nations are unable to fight organised crime. Only real cooperation in Europe can have an impact

Tax Efficiency Drives Less than a Quarter of High Net Worth Offshore Investment, says Verdict Financial.

The company’s latest report states that wealth managers need to gain a deeper understanding of the drivers that are prompting HNW investors to look for new places to store their fortunes.

Ex-JPMorgan executive pleads not guilty to $5 million embezzlement

In court, Assistant U.S. Attorney Sagar Ravi said Arbizu, 47, voluntarily agreed to his extradition and said prosecutors had held discussions with him about resolving the case

Credit Suisse Geneva Banker Said to Send Client Funds to Wife

A second transfer of $2 million was made three years later into the account of a Dubai firm that he controlled, the people said.

Switzerland: Swiss Parliament Agrees On CTR III

CTR III will lead to the abolishment of holding, domiciliary and mixed company arrangements.

“Virtual reality” - Jersey introduces virtual currency regulatory regime

What does this mean for you and your business?

China graft purge will pay off, says Gucci’s François-Henri Pinault

Faced with the crackdown, many Chinese consumers changed the way they bought luxury goods.

Ex-banker pleads guilty to helping Americans evade taxes

The 48-year-old Italian citizen and Swiss resident pleaded guilty on Wednesday in the Eastern District Court of Virginia.

Swiss-based private bank appeals regulator’s 1MDB sanctions

On Thursday BSI hit back with an appeal to the Federal Administrative Court, arguing that FINMA had overstepped its authority in a manner that has “severely harmed the reputation of the bank and its employees.”

FBR team to leave for Switzerland to take up Pakistanis wealth stashed in Swiss banks

FBR member and spokesman Dr Iqbal said that the FBR team will move to Bern for a second round of talks with Swiss tax authorities to amend the existing double taxation avoidance agreement.

For Top U.S. Hedge Funds, a Painful Date With the Tax Man Looms

The experts’ failure to find a fix is excellent news for the U.S. Treasury and states including Connecticut and New York, where many hedge funders live and work.

Deloitte Buys Fund Industry Consultant

The partners and existing team will transition to Deloitte and will now operate under the “Casey Quirk by Deloitte” brand.

Nordea CEO Rejects Speculation Bank Needs to Issue More Shares

The report sent Nordea’s shares down as much as 2.9 percent in Stockholm, the most in more than a month.

The changing role of the compliance officer

A compliance officers’ role in any organisation depends largely on the complexity of its business and multi-jurisdictional influences

The heavenly haven: Alderney has low tax and no crime - and you don't have to be a millionaire to live there

In Jersey, anyone but essential workers needs £625,000 salary to move in

C Suisse - No evidence of ex-banker mis-using position

The banker and his two brothers also cut similar plea deals, helping shed light on how their father funneled payments to ruling coalition parties and senior politicians.

Leonardo DiCaprio ordered to testify in $15m Wolf of Wall Street lawsuit

A judge has already rejected claims of defamation, but has allowed Greene to amend his initial objection to malicious libel.

Brazil Attorney General: Tourism minister 'had Swiss bank account'

He became the third cabinet minister to stand down since interim President Michel Temer came to power last month.

Ivanishvili Says Money Managers Cost Him $500 Million

These policies can then be placed in asset management companies, with no taxes charged on profits.

Software Executive and Three Friends Charged With Insider Trading

The SEC alleges that Christopher Salis, then a global vice president at SAP America, received thousands of dollars in kickbacks for tipping Douglas Miller in advance of SAP’s impending acquisition of Concur Technologies.

Legal,Regulation,Tax & Compliance