Managers of Wealth

Financial firms in Singapore must now establish tax residency status of customers: Iras

It aims to enhance tax transparency to detect and deter tax evasion through the use of offshore bank accounts.

How the tax man will find out about your account

It’s a deal that’s been agreed in principle with around 100 countries, although the United States is notably missing.

Singapore Court Charges Fifth Person With Crimes Related to Malaysia’s 1MDB

Former branch manager of Falcon Private Bank in Singapore charged with 16 offences

Will 2017 be the year the world got serious about bank account secrecy?

The OECD recently announced that there are 1300 relationships in place for the automatic exchange of account information between countries.

The Secret Dealings of Swiss Lawyer

Now Neupert's credibility as a Trustee to wealthy businessmen is under more scrutiny as he is being sued by a former client in Liechtenstein and Switzerland

Secretive Swiss bank accounts face new crackdown

New rules ensure details will be shared with tax authorities of other nations and vice versa

Banks reach final resolutions under Swiss Bank Program

Banks already under criminal investigation related to their Swiss-banking activities and all individuals were expressly excluded from the Program.

Will Cryptocurrencies Improve Financial Ethics?

The cryptocurrencies will deliver on the first promise, given time.

Guernsey enhances rules for insurance-linked securities

The streamlined application process typically allows new insurers to be established within one business day.

Offshore myth: How Africa lost $1 trillion to tax havens

The modern offshore business world appears pure Potemkin everywhere and nowhere.

China: Legal Avenues For Foreign Investors To Participate In China's NPL Market

We offer these insights for both international investment banks that are preparing for or that are already actively participating in the disposal of NPL, as well as for domestic institutions intending to partner with foreign investors in the disposal of N

Transfer Pricing and Developing Economies : A Handbook for Policy Makers and Practitioners

Tax policy and administration concerning international transactions, aggressive tax planning.

Here's One Immigration Policy That Should Withstand President Donald Trump

Known as the investor visa, the EB-5 visa has been around since the 1970s.

Swiss banking secrecy nears end following new tax rules

The secretariat said the new standard makes provision for the mutual exchange of information.

Advisers who help tax evasion face fresh fines

The powers were announced in the 2015 Budget and have come into force this year.

Fears as Scotland ‘tax haven’ adverts expand

The UK Government has signalled that at the very least it will consider bringing SLPs into a regime that, in theory, forces most other companies to declare who their ultimate beneficial owners are.

New UK tax evasion penalties come into force

Professional advisers face fines of up to £3,000 for helping their clients to evade tax

Stage is set for US watchdog to create first whistle blowing millionaire in Ireland

The US Securities and Exchange Commission has received 65 tip offs from people in Ireland

NY Expands Jurisdictional Reach Over Foreign Banks Using Correspondent Accounts

The majority found that Pictet “affirmatively act[ed]” by crediting the funds transferred first to the New York correspondent account

Wills of celebrities offer 'fascinating' glimpse into their wealth

From well-loved comics to revered actors, 2016 has taken some of Britain's best-known names.

Legal,Regulation,Tax & Compliance