Managers of Wealth

Expats Object to Paying U.S. Taxes

In addition, nearly 45 percent of the expats surveyed said they would like the U.S. government to repeal FATCA

Asian regulators ask banks to reveal Panama Papers' links: sources

According to two sources familiar with the situation, the Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Singapore (MAS) sent letters to the banks in April.

Exclusive: Asian regulators ask banks to reveal Panama Papers' links

The sources did not disclose which banks were written to nor the names on the lists.

Argentine president proposes amnesty for tax dodgers

The government did not say how much money it expected to collect with the plan.

Britain is the most corrupt country in the world, claims mafia expert

'It’s not the bureaucracy, it’s not the police, it’s not the politics but what is corrupt is the financial capital'

Offshore firms buying up Scottish football including Celtic, Rangers, Dundee and Dumbarton

We have identified substantial offshore shareholdings in Celtic, currently the nation's richest and most successful club.

Mauritius: a tried, tested and trusted International Financial Centre

Mauritius is not a tax haven; it is a low-tax jurisdiction that also offers a low taxation platform for international business.

Christie's Auction House Fined After Trying to Sell Ivory

Christie's, one of the world’s most recognized auction houses, offers everything from real estate to fine wines to upscale handbags. In April, one product up for bidding featured elephant ivory—and the company just got fined nearly $5,0

High-Profile Tax Fraud Cases Could Hurt Spanish Soccer

Neymar's father last year said the constant harassment over his son's taxes could lead to the player's departure from Barcelona.

The Just Death Of A Swiss Bank

These sovereign wealth funds were BSI’s largest and most profitable client group – and the fee income they generated was considerable

Panama Papers May Inspire More Big Leaks, If Not Reform

In recent days, Sri Lanka, Zimbabwe and South Africa joined the growing list of countries hunting down tax evaders among citizens who own offshore accounts.

New Swiss law to target dictators' bank accounts

The Tunisian assets are set to remain frozen until Jan 18, and the others, until February.

Top management sets the tone in fight against money laundering

It said that it had highlighted "many serious risks" since 2013

Liberia, America’s outpost of financial secrecy

They can also issue “bearer shares”, a legal instrument banned in most countries because of the ease with which they can be used for tax evasion and money laundering.

Black money: India may sign agreements with Swiss banks during PM Modi’s Switzerland visit

Both countries have stepped up their cooperation on tax matters related to black money allegedly stashed by Indians there.

Hulk Hogan, Peter Thiel, and the Future of ‘Revenge’ Lawsuits

Historically, giving a lawyer money to sue on someone else's behalf was considered illegal.

US Department of Justice fires warning shot to taxpayers and financial institutions after 'Swiss Bank Program'

Through the prosecution of the banks and the Swiss Bank Program, the DOJ has collected over US$5.6 billion.

FCA warns banks on use of anti-money laundering rules to close accounts

Regulator criticises banks for using rules as excuse to terminate accounts of individuals and businesses they perceive as risky

Being Named in the Panama Papers Does not Mean You Broke the Law

The line between the legal and illegal establishment of offshore companies can be blurry, but it doesn’t mean it’s always wrong.

BTG Pactual wants Generali indemnity over BSI's 1MDB link, source says

Singapore closed BSI's local branch on Tuesday as part of a probe into 1Malaysia Development Bhd, a Malaysian fund that was a client of the bank.

Legal,Regulation,Tax & Compliance