Managers of Wealth

Moscow region ex-Finance Minister's wife was think tank in his gang

The fact that the couple had long been going to leave Russia, it became clear during the investigation.

SANNE awarded depositary licence in Luxembourg

SANNE opened its Luxembourg office in 2008

Swiss Regulator Still Probing Three Banks Over 1MDB Role

Finma CEO says private banks need more time to clean up past

GDPR and your data: check you comply . . . then check again by Craig Hanna

Laws surrounding data privacy and customer consent are changing in just over a year – get it wrong, and you will pay hefty fines. Time to test your permission statements and check your strategy is flawless.

Foreign Account Tax Compliance Act will COST more money than it recovers

Last month, Mr. Green warned $1.5 million U.S. citizens in East Asia may renounce their citizenship according to a poll conducted by deVere Group and its Hong Kong division Acuma.

American investors used secret Scottish ‘zero-tax’ firms in £6bn Formula One takeover

Under the sport’s previous owners, only £100 million was paid in corporation tax on profits of £4bn over the last decade, an effective tax rate of about two per cent.

Gibraltar: The EU’s Tax Haven

But overseas territories whose wealth depends on companies using them to avoid tax due elsewhere do not have an inalienable right to keep doing so.

Press Eject: How to Remove Troublesome Trustees

The role of trustees, often professionals charging significant fees, is often not understood and is frequently undesired.

Multi-millionaire city superwoman and mother-of-six Nicola Horlick is sued over missing £250,000

The funds had not arrived, we will be instructing our lawyers.

Candy brothers accused of calculated tax evasion as court case draws to a close

His allegations of economic duress and vague misrepresentations are typical of those which are seen by County Court judges every day and invariably fail.

Anniversary of scandal that brought down Icelandic government

The opposition demanded the government should step down.

A fiduciary rule wealth managers can get behind

Because the Labor Department's rule is badly constructed policy.

New Gibraltar Deposit Guarantee Scheme Website

The Deposit Guarantee Scheme is administered by the Gibraltar Financial Services Resolution and Compensation Committee and is funded by the Credit Institutions covered by the scheme.

In tax evasion hunt, Australia finds scores of Swiss accounts still active

Out of that, Australia has already identified more than 340 and is still making inquiries to expose the remainder.

UK wealth managers refused FCA opt out from Mifid taping rule

It confirmed the same flexibility would not stretch to larger regulated investment firms.

Valartis Group divests minority participation in Algeria

The 2016 Valartis Group consolidated financial statements, in accordance with International Financial Reporting Standards

Finma Says Money-Laundering Cases Rise

The biggest case keeping Finma occupied last year? Undoubtedly 1MDB, a billion-dollar corruption scheme originating in Malaysia.

Trump favours modest tax changes, says Blackstone president

He does not think the proposals for eliminating the tax deductibility of corporate debt which would increase the private equity industry's tax bill will make the cut.

Regtech: Disrupting Client Engagement

This shared theme of disruption is key, as Regtech solutions should aim to do more than simply digitise existing manual compliance processes

German Authorities Launch Investigation Against Jacob Safra

The investigation into the claim by the state attorney of Cologne came in connection with the compensation probe filed by Erwin Mueller

Legal,Regulation,Tax & Compliance