Managers of Wealth

Standard Chartered sets aside $900m for fines in US and UK

Emerging markets bank says funds will be used for ‘previously disclosed investigations’

UBS CEO Says French Appeals Process to Take 'Several Years'

"The superficial nature of the verdict is astounding and does not even pretend to address the arguments we presented during the five weeks of the trial.

FCA Investigation – Hargreave Hale

We have co-operated fully with the FCA throughout its investigation and have provided comprehensive evidence and arguments to support our view that no infringement involving Hargreave Hale occurred.

US wealth manager Focus sees a bright future in Escala

The transaction is expected to close in the second quarter of 2019, subject to customary closing conditions.

Higgs & Johnson Commended as a Highly Acclaimed Firm by Chambers Global

The real estate team is highlighted by commentators as being “very responsive and thorough” and “able to deliver amazing results on seemingly impossible deadlines.

Net closing in on offshore companies and trusts

EU’s new economic substance requirements legislation targets tax transparency, fair taxation and compliance with anti-base erosion and profit shifting measures

UBS Hit With Record Penalty After Money-Laundering Conviction

Case hinged on UBS’s role in helping French clients hide money

UBS's 5.3b euro gamble in France tax case: deal or no deal?

The danger for UBS and financial prosecutors, but also other companies under investigation in France, comes down to the bet on going to court or pushing for a deal.

HSBC Sued For £150m Over Disney Tax Avoidance Scheme

It strived to take advantage of tax legislation that is designed to promote the film industry of the United Kingdom.

UBS's $6 Billion Gamble in France Tax Case: Deal or No Deal?

The danger for UBS and financial prosecutors, but also other companies under investigation in France, comes down to the bet on going to court or pushing for a deal.

PwC considered quitting Ineos over Monaco tax move

Sir Jim was ranked the richest person in the UK last year, with a fortune of £21bn. Currie and Reece each own 20% of the Ineos.

Pak-Swiss dual taxation treaty: Amended article allows access to banking information

The Swiss government is cooperating with the Pakistani tax authorities and Federal Board of Revenue has already ratified the convention on the avoidance of double taxation between the two countries

Swiss solutions to wealth tax conundrums

As a result, both income taxes and net wealth taxes vary significantly, depending on cantonal politics. Yet the data show little effect of these variations on wealth differences across cantons.

Arrest of Michael Calvey, an American investor, shocks Russia’s business community

Yet more damage is done to the country’s image as an investment destination

Tate Modern Visitors Can Keep Looking Into Rich People’s Condos, Legally

The decision by the British High Court was an abrupt end to a heavily publicized stand-off between private wealth and a public art institution.

Birmingham financial adviser sentenced to 9 years in prison after stealing nearly $4M from clients

John MacColl pleaded guilty to wire fraud

Swiss Investigate 1MDB Whistleblower

The multi-billion corruption and money-laundering investigation was spearheaded by the U.S. and also involved Switzerland and Singapore.

Bill Gates debates Alexandria Ocasio-Cortez 'tax the rich' policy

Gates said in the interview that tax policies should focus on taxing wealth, not income, since the super-rich tend to have wealth in the form of assets, rather than income.

Why HMRC is looking Down Under for loan charge settlements

The aim of every tax jurisdiction is to get its hands on the money as soon as possible – ideally before it has reached an individual’s pockets.

Soak the rich to your heart’s content with this interactive wealth tax calculator

This nifty tool developed by Vox and People’s Policy Project leaves you in charge of designing a policy to close the prosperity gap in America.

Legal,Regulation,Tax & Compliance