Managers of Wealth

Two of UK's oldest private client law firms to combine

‘It is our responsibility to keep evolving so that we continue to be a leading Lincoln’s Inn law firm for many generations to come.

Building a tax fairyland in Luxembourg in five not-so-easy steps

Here, in five steps, is how the company gathered ownership of its empire, from Australia to Denmark to the Cayman Islands, into Luxembourg.

Former Swiss banker collapses in WikiLeaks trial

The trial of a former Julius Baer banker accused of breaching Swiss banking secrecy laws by handing over confidential data about offshore clients to WikiLeaks was halted on Wednesday after the defendant collapsed.

Reporting Income from Offshore Investment: A Cautionary Tax Tale

Nevertheless, he was nabbed in Italy last year while on vacation.

Protecting Privacy In A Divorce

For Celebrity Clients, Professionals and Wealthy individuals, Even Backroom Meetings With Judges Can Become Front Page News.

ATO’s global tax hunt: Multinationals under scrutiny for minimisation schemes

UP to 10 multinational firms, including the world’s leading tech companies, are being audited by the tax office in the largest investigation into offshore “super profit” shifting in the nation’s history.

Bad news for Bernie Madoff victims

Court limits effort to access some profits

Swiss Bank Drops Out of IRS Tax Compliance Program

Reversing earlier moves taken this summer and fall, a major international bank is ending its cooperation with the Internal Revenue Service’s efforts to prevent investors from investing money in foreign countries with more amenable tax structures and

Singapore, U.S. finalize agreement on tax evasion

Tuesday's agreement means that firms in Singapore can report U.S. account holder information to the local tax authority, which will send it to the IRS, saving them from dealing directly with U.S. tax authorities.

Expat UK property buyers: UK Stamp Duty changes - the winners and losers

Property commentators in the UK believe a majority of homes located in places such as the London commuter belt and some of its cheaper boroughs will be significant winners, following the changes to UK Stamp Duty Land Tax announced by the UK chancellor Geo

Zhou Yongkang used mistresses to build wealth

This has severely damaged the party’s image

Another Whistleblower Offers to Help Government With Black Money Probe

Ms Gibaud said her job was to get them "things money can't buy

The end looms for ‘Alice in Wonderland’ fees

The asset management industry suffered a shock last month when an influential panel that advises the UK regulator on policy issued a damning report on the state of the fund market.

AIMA publishes updated guide for selecting a prime broker

The Guide, which was drafted by a working group of AIMA members, also reflects the greater degree of due diligence being conducted on prime brokers today and the evolution in the prime brokerage model since the financial crisis.

Global regulators need to standardise tax reporting mechanisms

This comes as a number of countries and global regulatory bodies introduce their own tax reporting standards in response to the Foreign Account Tax Compliance Act (FATCA).

'Gold-obsessed' Chinese officer's graft case worth $5 billion: magazine

A former senior Chinese military officer was obsessed with gold and often ferried gold bars for bribes in a luxury car, a Hong Kong magazine reported on Monday, in connection with a graft case which investigators estimate is worth some $5 billion.

What To Do With Your Money When You Get Remarried

Getting married is financially complicated, and getting remarried is even more so.

India must show tax fraud proof for valid probe, says Swiss envoy

We have decided that we cannot work with stolen data

India must show valid proof for tax fraud probe: Swiss Envoy

The Swiss government will cooperate with India on the black money issue if Indian authorities provide valid proof of tax evasion, but will not work with evidence obtained through 'fishing expeditions'

Swiss panel recommends higher leverage ratios for UBS, CSuisse

UBS and Credit Suisse should be subject to a higher leverage ratio, the broadest of capital requirements, an expert panel said on Friday, but stopped short of laying out specifics for Switzerland's two largest banks.

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