Managers of Wealth

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.

Ex-UBS Worker Guilty of Money Laundering in Data Theft Case

Man acquitted of separate charge of bank secrecy violations

Cristiano Ronaldo to attend tax fraud hearing in Madrid to enter guilty plea and pay £17m fine

The Portuguese will return to Spain for one day to resolve his issues with Spanish tax authorities

Wentworth Golf Club owner in legal battle over wine worth £4.8M

Reignwood, the Chinese company which owns Wentworth Golf Club in Surrey, is suing its former head of international operations for allegedly mishandling over 32,000 bottles of wine, worth £4.8 million.

The oligarch, his ex-wife and their bitter £450m divorce. Enter Interpol

Russian oil tycoon fighting high court ruling over payout calls on international police agency to stop the seizure of his assets

The once brightest and best need to wise up and listen

A chill has descended on international commerce that Davos will not easily shrug off

Growth and accolades for Offshore law firm's BVI litigation and insolvency practice

Carey Olsen was recently named Offshore Firm of the Year for 2019 by Legal 500

Trusts being used to avoid paying billions in tax, report warns ATO

One of the authors of the report, John Glover, a professor of law at RMIT, told the ABC that Australia was behind other countries when it came to the regulation of trusts.

Swiss to have final say on corporate tax and gun law reforms

“This diktat goes against freedom and it is unjust, useless, dangerous and anti-Swiss,” the alliance president said.

‘Magical wealth manager’ scams $3.7m from believers

Saudi police arrest expat claiming he could double people’s wealth using magic

KOREA: Regulator to ease rule for wealth management startups offering robo-advisors

The deregulation is part of the government's push to give more support to financial technology firms, the Financial Services Commission said in a statement.

UBP secures Taiwan master agent licence

Offshore funds still dominate the Taiwan investment landscape, although the number and size of onshore funds are increasing.

Protocol amending the Convention for the Elimination of Double Taxation between Cyprus and the United Kingdom

This latest amendment of the Protocol created a framework that facilitates economic cooperation, fiscal stability and transparency in the relations of the two countries.

Economic substance: the beginning of the end or a new beginning for Offshore Financial Centres?

These requirements are intended to ensure that entities in OFCs have core-income generating activities in those jurisdictions

Maitland acquires legal advisory firm

Our legal services offering in Monaco will be headed by Peter Walford, who brings to Maitland a large network of high net worth clients and intermediaries based in Monaco and elsewhere.

'Betting $3 million a day on football games': lawyer gets three years for fraud

He claimed the number belonged to Mr Gordon's son Andrew, a director of his father's companies, and impersonated the younger Mr Gordon when he authorised the bank to release $6.95 million.

UK tax on offshore intangibles: 'serious' compliance issues

The new income tax charge on offshore receipts in respect of intangible property (ORIROIP) was announced in October's budget and is due to apply from 6 April 2019.

Why debt collection is booming in Switzerland

The Swiss tax system could be one reason people are slow at paying their taxes. Unlike many countries, in Switzerland taxes are not deducted directly from employees’ pay checks.

Bermuda's Economic Substance Legislation Becomes Operative - Appleby

The Declaration will require the disclosure of certain key information applicable to an analysis of substance requirements

Ogier advises TMF Group on purchase of State Street’s Private Equity and Real Estate business

This was a complex, multi jurisdiction transaction that required expert knowledge across a range of specialisms

Legal,Regulation,Tax & Compliance