Managers of Wealth

China Detains Chairman of Anbang, Which Sought Ties With Jared Kushner

Two people briefed on the matter — a company executive and a business partner of Anbang — confirmed that Mr. Wu had been detained.

Regulation Slows Wealth Management in China

A new report from Moody's Investors Service Investors Service claims that China's banking sector has seen moderated growth in the production of new WMPs as the country has stepped up efforts to contain risks in the financial industry.

Shoosmiths' service to HNW individuals celebrated in prestigious family law listing

Shoosmiths is one of very few firms with a national reach in this elite list.

Children's charity boss to give £282m to ex-wife's foundation after court ruling

The making of the grant will ... bring a conclusion to this incredibly hostile dispute

Switzerland To Ease Tax Burden On Banks

The participation deduction is a profit tax instrument that prevents double or multiple taxation within the same group.

Advisers reveal how they are mitigating IHT for clients

Of the financial advisers surveyed, 63 per cent view IHT planning as an important part of their services, and 36 per cent believe it will become more vital over the next two years.

South Africa Urged To Drop New Wealth Tax Proposals

Introducing a new land tax, a national tax on the value of property.

Zurich-Based Asset Managers Join Forces

Sloan Asset Management has had a registration with U.S. regulator SEC for more than a decade and is a licensed wealth manager for U.S. customers.

Ground-breaking multilateral BEPS convention signed at OECD will close loopholes in thousands of tax treaties worldwide

Today’s signing ceremony marks a an important milestone in the international tax agenda, which is moving closer to the goal of preventing base erosion and profit shifting by multinational enterprises.

Ex-HSBC Banker Scott Arrested in U.K. in American Currency Case

U.S. has accused Scott, Johnson of using inside tip on trade

Renewed debate over banking laws for expats

The US and other countries long suspected Swiss banks of harbouring tax cheats.

First Space-Based 'nation' could 'spur off-planet tax havens'

This potentially opens the door to off-planet data and tax havens, according to filings obtained by Motherboard, and represents an important step towards the group's proclaimed goal of starting a private nation in space.

Recent HMRC systems errors raise concerns about Making Tax Digital

Two recent cases in which HMRC’s inability to present a clear and unambiguous case to the taxpayer and subsequently to the tribunal have led to a loss of tax and/or penalty which would otherwise be due. If these errors are down to HMRC’s IT sy

U2, Rolling Stones business rep called to Dutch tax haven committee

The Netherlands is ranked third in Oxfam’s annual list of the world’s top 15 tax avoidance centres

Ex-UBS Compliance Officer Charged With Insider Trading

Fabiana Abdel-Malek and Walid Choucair charged by U.K. FCA

Global transparency

In recent years, significant changes in global finance regulations mean that every investor should re-examine their personal need for such offshore structures.

Macquarie moves on private wealth compliance breaches

The offending action was believed to include misclassifying the nature of some advice to clients.

Switzerland Renews Push for Tax Reform Following Referendum Vote

The Swiss Social Democratic party said the recommended changes to Switzerland’s tax regime were insufficient because they would continue to impose a heavy burden on Swiss citizens.

Declare offshore wealth? Russia tycoons would rather ship themselves off shore

No official data has been made public on how many people have given up Russian residency to escape the law

FCA orders adviser to stop pension business

The FCA has also placed asset retention restrictions on the firm, meaning it cannot dispose of, deal with or diminish the value of its assets without the FCA’s consent.

Legal,Regulation,Tax & Compliance