Managers of Wealth

Global impact of ‘Offshore Leaks’ grows

The global impact of our latest international investigation has been astonishing

Anti-money laundering - FCA

This report sets out our obligations relating to anti-money laundering, our approach to carrying out those obligations, and the trends and emerging risks in money laundering that we are seeing in the firms we regulate.

Vatican, Italy near deal on bank information exchange sources

Italy and the Vatican are about to reach a deal allowing for the first time regular exchange of financial information between the two states to combat money laundering, several sources with direct knowledge of the situation

RSM Tenon in buyout talks with Baker Tilly

RSM Tenon Group PLC Statement regarding unsolicited approach

International law firm recruits six-strong team for Luxembourg launch

Hogan Lovells will be opening an office in Luxembourg on 1 August as part of its strategy to continue to grow its funds and tax practices and develop in markets that are key to the firm's clients.

Former UBS banker gets 18 months, $1 mln fine, for muni bid-rigging scheme

Former UBS AG banker Peter Ghavami was sentenced to 18 months in prison on Wednesday for his role in deceiving U.S. municipalities

Goldman Sachs deputy GC joins Fried Frank

Fried, Frank, Harris, Shriver & Jacobson LLP announced that David J. Greenwald, has agreed to rejoin Fried Frank in a leadership role.

Italian PM Enrico Letta pledges war on tax evasion

Italian prime minister Enrico Letta pledged to "fight relentlessly" against tax evasion in the recession-hit country, as the government pushed new growth measures through the lower house of parliament.

AIFMD will reduce choice and increase costs for fund managers and investors

New research by BNY Mellon, the global leader in investment management and investment services, points to significant uncertainty about Alternative Investment Fund Managers Directive

Fraud and cybercrime biggest non-investment risks to family offices

Sustainability, data loss, fraud and theft are among the top non-investment risks faced by private families and the offices that serve them

Tycoon blames RBS in ‘billion-dollar swindle’

A taiwanese shipping magnate claims he was swindled out of more than a billion dollars by Royal Bank of Scotland.

Credit Agricole launches global panel shake-up

Credit Agricole has opened the bidding for places on its new panel, just two years after its last review.

German tax dodgers turn over new leaf

The German authorities have been able to wave a big stick since purchasing a number of CDs purportedly containing sensitive Swiss bank client data

UBS Germany tax probe fine could top 150 mln euros - magazine

The German operations of Swiss bank UBS could be fined more than 150 million euros

Rules on international tax evasion could be in place in 2014: OECD

The plan calls for a universal and automatic exchange of financial information

Swiss reality on wealth tax

Australia's challenge is not to invent new taxes but to waste less.

Top Sullivan private client partner heads to London for UK launch

Sullivan & Cromwell is expanding its international private client practice to London with the transfer of New York-based group leader Basil Zirinis.

Former Goldman Director Gupta Fined, Banned in SEC Case

Mr. Gupta, 64, is appealing his June 2012 conviction

Liechtenstein Bank stows extra $33 mln for imminent U.S. Tax Deal

LLB accused of Aiding Wealthy Americans to Evade Tax

Withers sees 4% revenue increase while PEP drops 4%

Withers has posted its financial results for 2012-13, with revenues up 4% on last year while profits per equity partner have fallen by 4%.

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