Managers of Wealth

Evasive elite

The most obvious implication is the extent to which tax-evasion among the very rich has become almost routine.

'The UK is a tax haven' – Bermuda attacks plan to end financial secrecy

Islands’ deputy premier hits back against British MPs’ attempt to force offshore companies to name their owners

Switzerland to vote on corporate tax unification

Swiss voters will vote next week on whether to reform corporate tax and remove the reduced tax rates that Switzerland currently grants to multinational firms.

Investec has 25% upside despite problems suggests HSBC

HSBC has raised its target to 710p from 580p, even though it reckons returns in its banking businesses are not acceptable.

Changes In Tax Code Will Lead To Changes In High-Net-Worth Investment Portfolios

Clearly, legally mitigating taxes is a goal of the greater majority of wealthy individuals.

European Union: Restarting The Clock: Residency Solutions For Non-Doms

The government has stated that introducing the deeming rule in this way will allow those non-doms who are internationally mobile to continue to benefit from non-dom status

How to address the FCA's suitability concerns

The regulator judged a file as ‘unclear’ where it contained insufficient, inconsistent or confusing information.

U.S. charges fired Morgan Stanley wealth manager with theft

The bank was not accused of wrongdoing.

AIMA publishes guide to MiFID2

MiFID2 represents the most significant overhaul of European securities trading rules of recent years.

Swiss prepare to vote on corporate tax unification

Reforms to sweep away attractive deals for multinationals head for referendum

Donald Trump loses multi-million dollar lawsuit after one of his golf clubs violated members' contracts

Players wishing to resign were locked out while still being billed up to $20,000 a year in fees

Singapore seizes S$50 mil private jet belonging to 1MDB mastermind Jho Low: report

The US alleges that the funds were laundered through the US banking system and is seeking to confiscate Low’s private jet, as well as other properties including a US$100-million interest in EMI Music Publishing Group, and a US$380-million stake in t

Is Malta really a tax haven?

A spokesman for Transparency International on the other hand says Malta’s label as a tax haven is not unwarranted.

Fund managers plan executive pay crackdown to avert need for government intervention

The fund managers agreed to the plans in the context of Theresa May’s plans to crackdown on fat cat pay

Citizenship for sale controversy

The Cyprus property market could be hit by a fall in property prices if investors granted a Cypriot passport under the citizenship-for-sale scheme decided to sell their property after three years.

India's wealthy more willing with succession planning

This has all highlighted the broader range of services and products which are now required and more readily being sought to meet the new needs of clients.

Wealth management rivals team up to promote active model

The formation of the alliance comes against a backdrop of increased interest in low-cost index funds

RBS’s private bank hit with £5m Swiss fine

As Coutts did not report any suspicions to the Swiss authorities until 2015.

Famed tax haven Switzerland chases hidden cash

The situation is a role reversal for Switzerland, whose strict bank secrecy laws for years had made the wealthy Alpine country a haven for hidden money.

A Question of Honour for UBS

She penned a book about the bank's alleged tax offenses in 2014, which fed France's investigation into UBS.

Legal,Regulation,Tax & Compliance