Managers of Wealth

Panton slams Oxfam for naming Cayman 2nd worst tax haven

Their claims were made in the charity’s report entitled, ‘Tax Battles: The Dangerous Global Race to the Bottom on Corporate Tax’.

UBS accused over cross-border ‘tax fraud money laundering’

French judicial authorities’ have been investigating UBS since April 12, 2012

Orrick Named to Geneva's Top 5 Law Firms for Litigation and Arbitration

Geneva is an important base for our international litigation, arbitration and dispute resolution practices

Credit Suisse Facing Huge Penalty

The Swiss bank is also defending itself against lawsuits by the New York and New Jersey attorneys general over similar claims involving billions of dollars of investor losses.

Thailand Frees Swiss Key Witness in 1MDB Case

The Swiss citizen has now been freed by Thailand and will be able to spend Christmas in his home tome of Geneva.

Israeli diamond billionaire arrested in bribery investigation

His house arrest will last until early January, and prevents him from going near his offices.

New York hedge fund charged with $1 billion fraud

Investors were repeatedly presented a false picture of the performance of the Platinum funds

Greater transparency tops wealth manager’s challenges in 2017

The information exchange will not be standardised among territories, but depends on agreements signed by between two nations individually.

Court of Appeal clarifies scope of potential liability under the Misrepresentation Act 1967

The Court of Appeal held that the publication of an investor presentation in a way that actively invites investors to make use of its contents for a purpose other than the presentation's original purpose could create sufficient proximity to give rise

Arsenal star has house seized in Spain amid tax investigation

Last month, Sanchez’s agent released a statement which denied all allegations.

Swiss push to unfreeze Egyptian assets

Switzerland was the first country to freeze funds related to the Mubarak clan and his entourage when the former president stood down.

Ireland to accuse European Commission of exceeding powers in Apple tax dispute

Ireland is appealing against the order to recoup 13 billion euros

China central bank to count off-balance sheet wealth management products in assessing banks' risk

The leaders also said it would keep monetary policy prudent and neutral in 2017.

UK Regulation round-up December 2016

Regulation round-up is our monthly email to all regulated firms, updating you on the latest news that affects your sector.

Ex-BSI banker becomes 2nd person convicted in Singapore's 1MDB probe

Prosecutors asked for a two-week jail sentence.

Turning tax policy into reality – Global tax transparency goes live

Achim Pross, Philip Kerfs, Paul Hondius of the OECD and Radhanath Housden of the Global Forum take stock of the progress made so far on offshore tax evasion

Italy to target non-doms with new tax regime

The regime is available for up to 15 years, unless the individual fails to pay the charges.

High Court dismisses mis-selling claim and clarifies standard of care required of financial advisors

In O'Hare v Coutts, the High Court dismissed a claim alleging that the defendant, a private bank, breached duties in contract and tort to use reasonable care and skill when recommending five investments that the claimants entered in 2007, 2008 and 20

This Christmas, give your loved ones a gift without the surprise tax bill

So what are the rules upon gifts?

Another blacklist, another hit list

What this faction wants is high taxes and, more importantly, tax harmonization.

Legal,Regulation,Tax & Compliance