Managers of Wealth

Liabilities of Legal Representatives and Directors of Chinese Companies

Chinese law does not require a legal representative to have actual knowledge of, or be personally involved in, any of the violations stipulated above.

Wanna be super rich in SA? Study law and finance

The average age of SA's super rich is 57 years and 34% are older than 60.

Wealth managers face ongoing compliance challenge to limit GDPR costs

Avoiding financial penalties

Radical reform: Switzerland to vote on banking overhaul

Supporters promise the proposal will end boom-and-boost, but critics say it is a dangerous experiment

Switzerland Is An Ideal Destination For Tax Evasion. Here’s Why

As per these agreements, Swiss banks are obligated to reveal information about U.S. and EU account holders with their respective countries.

Privacy – it’s not all about money

On 1 May, a high-profile debate in the UK House of Commons passed a set of amendments to the Sanctions and Anti-Money Laundering Bill that brought the issue of beneficial owners of companies, and public registers, back into the spotlight.

Blackstone’s tax-free hedge fund pitch woos even more clients

Equity firm’s Lombard International is leading charge to promote exclusive insurance vehicles that can contain hedge fund investments

New tax treaties with Singapore and Switzerland contain BEPS-related measures

The two treaties provide for the following withholding tax rates for source-country taxation on various types of income

OECD peer reviews on BEPS Action 13 Country-by-Country reporting initiative show strong progress for global roll-out in June

The first annual peer review focuses mainly on the domestic legal and administrative framework

Tax Queries: Taxpayers do not need to pay demand below Rs 100

The demand as per intimation under Section 143(1) is of Rs 60.

Investors warned on robo-advisers as watchdog finds some are 'potentially misleading' customers on fees and advice for their investing service

Investment firms can offer different levels of service

Husband and wife banned after abusing insolvent company’s assets

A married couple who were directors of an independent financial advice company have been disqualified for taking assets from an insolvent company.

Deutsche Bank exits Poland and Portugal, new focus on Spain and Italy

Meanwhile, the Deutsche Bank stock continues to lose on the Frankfurt stock exchange.

Brazil signs key tax agreements with Singapore and Switzerland

These actions improved the conditions for bilateral investment into Brazil while the grey-listing counter-measure aimed to create an equilibrium between the countries’ tax regimes.

Pakistan hires UAE banks to raise $200m loan

Pakistan needs to raise funds to offset a drop in international reserves

Julius Baer taken to Swiss supreme court over GDR fortune

As a result, the BvS is demanding repayment with interest from the bank.

Former Barclays wealth management executive wins $2.7 million arb award from former firm

Thomas W. Lee claimed Barclays shortchanged him after he guided sale of advisory unit to Stifel Financial Corp.

GDPR: Why everyone is freaking out over four letters | CNBC Reports

What’s all this talk about GDPR?

White House Bars Democrats From Meeting on Russia Investigation Records

Meeting with Justice Department officials set for Thursday

Perceptions of tax avoidance and evasion are out of step with reality

Businesses perceive tax avoidance to be more common than tax evasion, but that’s not what the evidence shows; so, are businesses just believing the increasing rhetoric from HMRC about avoidance? And will this impact views on the prevalence of evasio

Legal,Regulation,Tax & Compliance