Managers of Wealth

Singapore seizes ‘large number’ of bank accounts amid 1MDB probe

Malaysia’s government investment fund has been the subject of overlapping investigations in the country

China’s HK$59 billion online Ponzi scheme: who started it, how did it happen and now what?

We give you the low-down on the massive scam involving a peer-to-peer online financing firm that fleeced more than 50 billion yuan from over 900,000 investors across China in just 1½years

Switzerland may backtrack on black money law

Move will be a setback for India which wants information on black money probe based on leaked data

Significant progress in tax cooperation with India: Swiss government

India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation.

Banks reach $154.3 million settlement on "dark pool" fraud

The SEC and New York Attorney General had planned to announce the joint settlement Monday before it was reported by The Wall Street Journal Sunday morning.

This is exactly how the FBI convinces hedge funders trading on inside information to spill the beans on everyone else

Since 2009, the government has been cracking down on insider trading in the hedge fund industry with dozens of arrests and convictions made.

Growing barriers to entry for hedge funds

Before launching an onshore vehicle, most smaller managers first set up a more cost-effective offshore version to grow their assets.

In the Courts in 2015: an Appleby review of offshore court decisions

Welcome to the fourth annual issue of Appleby’s round-up of significant decisions of the courts over the course of the preceding calendar year. It is compiled by members of our Dispute Resolution Group in Bermuda, the British Virgin Islands, the Cay

The Global Tax Reset - Deloitte

Country by Country Reporting and EU Anti-Avoidance Package

AIMA calls for Regulatory Reforms to support Non-Bank Finance

AIMA makes the case that rules should allow greater asset managers’ participation in securitisations in order to support the supply of finance to small and medium-sized enterprises.

Barclays has been hit with a lawsuit for nearly a £1bn

The bank said in a statement: “We believe the claim against Barclays is misconceived and without merit and Barclays will be vigorously defending it.”

Guernsey welcomes EU proposals on anti-tax-avoidance

The move towards a clear and consistently-applied global standard is constructive and something that Guernsey has long demonstrated a commitment to through the steps it has taken.

Praise for JTC in SafeCharge Guernsey migration

The group's migration to Guernsey represents a key milestone and gives us a strong base from which to access the major London investment market and continue to grow the business

Lawyer tells skeptical judge that his client’s tax planning was “aggressive but not illegal.”

The IRS is suing to recover unpaid taxes, interest and penalties on money held in offshore trusts from 1992 to 2013

The UK as a Tax-Efficient Holding Company Jurisdiction by Matthew Herrington

Overall however, the United Kingdom is a very attractive holding company jurisdiction and has a highly competitive tax package to offer as an “onshore” prospect.

Key financial mis-selling case in Dubai nears conclusion

An appeal by the defendant banks against the initial judgement of their liability in the case was heard by the DIFC Court of Appeal in September 2015.

The Global Tax Reset - Deloitte

ountry by Country Reporting and EU Anti-Avoidance Package

A boost to transparency in international tax matters - OECD

The signing ceremony marks an important milestone towards implementation of the OECD/G20 BEPS Project and a significant increase in cross-border cooperation on tax matters.

A Growth Model For Attorneys

Transactional work – which characterizes much of the legal world – is replaced with ongoing retainer arrangements complemented with project work.

The World’s Favorite New Tax Haven Is the United States

By resisting new global disclosure standards, the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth.

Legal,Regulation,Tax & Compliance