Managers of Wealth

Dubai Papers: French media unveils UAE based International Money Laundering network

The Helin Group has no internet presence.

Wealthy Russians in Britain face new visa crackdown after Salisbury

Scheme has allowed hundreds of oligarchs and Putin allies to make UK their home

Pan-European tax fraud web leads to New Jersey and Dubai

A handful of conspirators teamed up to steal from European taxpayers, aided by a little-known German bank.

ASIC taking wealth management firms to court

The commencement of this civil penalty action is part of ASIC’s broad-ranging and significant investigations currently underway into fee for no service failures in the financial services industry

Choksi’s Indian properties seized

Choksi is at the centre of controversy surrounding a desire by the Indian administration to have him extradited from Antigua to face charges for an alleged US $2 billion bank fraud in India.

Swiss banks are more crisis resistant but must do more - SNB

Banks still needed to do more on measures in the event of hitting financial difficulties, he said, so they can wind down without endangering the whole financial system.

More than 1,000 people a day need to settle Rangers-style avoidance schemes before deadline to avoid charge

Those who fail to provide information to HMRC by September 30 will face a “loan charge” in April next year.

Taxman accused of changing rules on stamp duty

Cornerstone Tax, a consultancy in Leicestershire, is dealing with ten cases a month compared to “almost none” six months ago.

SJP investigates independence claims made by adviser

His FCA Register record, confirmed by SJP, shows he has been with SJP, and therefore restricted, since 2014.

Switzerland’s banks try to put the past behind them

Despite a 2013 tax evasion deal with the US, some remain wary of the country’s lenders

Former UBS trader jailed for Britain's biggest fraud faces deportation

The 38-year-old was detained on Monday following a routine visit to a Scottish police station, his spokesman, Nick Hopewell-Smith, said via email.

HMRC considers opening 27 investigations for ‘serious’ tax evasion against some of the UK’s biggest businesses

The new corporate criminal offence of the Criminal Finances Act 2017 means that big businesses can be held criminally liable if they fail to prevent their employees

Celebrity tax avoiders don’t deserve ‘pariah’ status

Black marks blocking UK honours not always fair

Shamed banker branded ‘biggest rogue trader in British history’ faces deportation to Ghana

A Home Office spokesman said: “All foreign nationals who are given a custodial sentence will be considered for removal.

Germany drops spy case against Swiss secret serviceman

Zinniker had been accused of commissioning private agent Daniel M. for espionage activities against German tax investigators and authorities in 2011.

China Starts Sharing Income Data to End Global Tax Loopholes

Policy makers in Beijing are working to reform the income tax system

Danish billionaire Povlsen to anchor £2bn Funding Circle float

Anders Povlsen, one of the UK's biggest landowners, is to snap up a 10% stake in the peer-to-peer lender, Sky News learns.

Luxembourg lures asset managers ahead of Brexit

Close to 5,000 people now work for investment managers in the grand duchy

Financial system risk is elevated and global standards are essential in managing cross-border infrastructure investment

The report says the financial outlook will also be shaped by China’s ability to manage risks relating to high indebtedness and leverage in its banking, shadow banking and wealth management industries.

Deloitte Tax looks at executive comp guidance

The Treasury Department and the IRS anticipate further guidance will be issued in the form of proposed regulations and that the proposed regulations will incorporate guidance addressed in the notice.

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