Managers of Wealth

Gucci owner Kering faces €1.4bn Italian tax bill

Luxury group disputes long-expected claim on ‘the grounds and the amount’

Billions of euros in Satabank transactions deemed 'highly suspicious'

'This makes previous money laundering cases look like child's play'

Switzerland Nets Billions From Tax Evaders

The Swiss state – federal, cantonal and local authorities taken together – received more than 3.8 billion francs in extra tax payments.

Finma deputy CEO dies aged 53

‘He was held in extremely high regard by employees, colleagues and the finance industry,’ Finma said. ‘[His] death leaves a big void.’

Maples and Calder and MaplesFS combine as the Maples Group

The rebranding initiative, which includes a new corporate logo and website, highlights the strength of the Maples Group as a comprehensive solution for legal, fiduciary

Australian Billionaire's Family Office steps up pressure in $55 million takeover bid

It also suffered a fall in comparable sales heading into December, down 3.1% in financial year to 25 November, with a fall of 4.9% in the last six weeks of that period.

KPMG and Deloitte under investigation for role in 1MDB corruption scandal

International auditors KPMG and Deloitte are being investigated in Malaysia for their role in the 1MDB corruption scandal.

Viet Nam to strengthen ties with Switzerland

Both sides agreed to select suitable projects to effectively use the financial resource

Succession is the biggest challenge being faced by Indian Families

The need for succession planning has become more pressing with murmurs of the introduction of an estate tax levy gaining more and more noise.

Who joins the Beckhams on The Sunday Times Tax List 2019?

Robert Watts scours The Sunday Times Rich List and beyond

Sen. Warren’s plan to tax the ultrawealthy is a smart idea whose time has come

“Wealth” is defined as net worth — the value of assets minus any debts.

Commentary on Implementation of new Individual Income Tax Law Regulation in China

The news of a possible “Expatriation Tax” in China caused significant debate as well as panic among the HNWIs interested in emigrating or who had already emigrated overseas.

10 Footballers Who Had Run-Ins With The Law For Tax Fraud

As a result, the five-time Ballon d'Or winner was handed a two-year suspended prison sentence for his transgressions.

The EU Wants to Clamp Down on the Super Rich’s Visa of Choice

Amid a worldwide refugee crisis and increased immigration restrictions, most EU member states sell “golden visas”—residence permits or citizenship—to the ultra-wealthy for thousands or even millions of euros.

Market trends in offshore relocations to the Channel Islands for HNWs and businesses

The process of relocating internationally starts with an assessment of where to go.

Raiffeisen investigation prompts management shakeup

The study, led by economics professor Bruno Gehrig, focused on the investment businesses that Raiffeisen Switzerland and its subsidiaries bought under Vincenz.

Wealth manager calls on FCA boss to quit over Mifid II

Financial Conduct Authority CEO admits no firm has faced enforcement action on fee transparency

The Fed is probing Deutsche Bank over billions in suspicious transactions in another twist in the Danske Bank money laundering scandal

The US Federal Reserve is investigating how Deutsche Bank handled billions suspicious payments from Danske Bank, as regulators try to unravel who was involved in one of the largest financial scandals in history.

Luxembourg licenses 80 new financial services companies in 2018

An important factor in Luxembourg’s ability to continue to attract new business is its long-term stability, underpinned by its consistent AAA credit rating.

Finma adds three more companies to warning list

Three more firms have been added to Finma’s warning list, having failed to provide the regulator with sufficient information.

Legal,Regulation,Tax & Compliance