Managers of Wealth

Got a Swiss bank account? The ATO wants to hear from you

Hundreds of wealthy Australians holding secret Swiss bank accounts are being urged to come forward - or face investigation by the tax office.

UBS Puerto Rico Apparently Pressured Brokers to Sell Risky Puerto Rico Bond Funds -- Dimond Kaplan & Rothstein

Investors have lost billions of dollars in the UBS funds

British offshore centres turn on Labour over tax attack

British offshore financial centres on Sunday criticised the leader of the opposition Labour Party after he threatened to put them on an international blacklist for tax avoidance if he wins a national election in May.

U.S. Probe Of Barclays, UBS Widens Forex Trading Investigation

Currency-linked investments marketed by Barclays Plc. and UBS are under the scanner of the US Department of Justice

Margaret Hodge accuses ex-chairman Lord Stephen Green over HSBC files

Former trade minister and HSBC boss was either asleep at the wheel or involved in dodgy tax practices, says head of public accounts committee

Channel Islands hit back on Miliband tax warning

Business leaders say Ed Miliband failed to do his research in a tax avoidance warning to the Channel Islands.

Jersey Finance responds to Labour’s proposals on offshore tax evasion

Jersey has captured beneficial ownership information on a corporate registry since 1999 and this information is available to law enforcement agencies.

Bermuda Responds to UK Opposition Leader Ed Miliband

It should be noted that Bermuda has in fact had a central registry, of the kind being introduced in the UK, since the 1940s, and has been a leader internationally in this area.

How can wealth managers benefit from HNW divorces?

High net worth divorces throw up many issues for wealth managers as marriages end, portfolios are divided and suddenly there are two potential clients instead of one.

‘War for talent’ being waged in compliance space

IFA networks and wealth managers are struggling to find the quality and quantity of compliance staff to keep up with an ever-increasing regulatory burden

Wegelin Banker Facing U.S. Tax Charge Said to Be Arrested

A Swiss banker charged three years ago in New York with helping Americans evade taxes was arrested in Germany and faces extradition to the U.S.

Ex-wealth manager back in news

He failed to attend two court appearances in December of 2014

UBS Faces a New Tax-Evasion Probe

Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash

Cyprus Citizenship By Investment The Most Attractive Program In Europe

Europe has long established itself as the most sought after region in terms of high net worth immigration, accounting for over half of the total number of global citizenship applications, with the Caribbean in second place, followed by North America in th

Doctors, dentists and other middle class professionals targeted by the taxman as HMRC clamps down on 'mass affluent' tax dodgers

Many may have unwittingly underpaid their tax

Legal,Regulation,Tax & Compliance