Managers of Wealth

Italy now trying to entice taxpayers to declare hidden cash

Now the state is trying again with a “Voluntary Disclosure 2.0” that got underway at the start of the year.

Deloitte Calls For An Innovation-Friendly Tax Regime In Singapore

Innovation does not necessarily involve the creation of something new from scratch

When the FEDS Went After the Hedge-Fund Legend Steven A. Cohen

Inside the government’s nearly ten-year battle against one of the most powerful men on Wall Street.

Ex-Visium hedge fund manager to face trial on U.S. fraud charges

The trial follows a criminal probe that prompted the $8 billion investment firm's wind-down and charges against three others

Focus On Europe Trust Litigation In Switzerland

This raises a number of practical issues for Swiss judges and prosecutors, as they have to juggle both the rules governing the trust, and their own potentially conflicting legal and procedural concepts.

Zurich pays up over misleading IHT investment advice

A Zurich spokesman said: ‘Zurich notes the judgment delivered by the Manchester High Court. The events which formed the subject of the claim took place nearly 16 years ago, and Zurich ceased operating a network of advisers over 10 years ago. Zurich

China Will Curb ‘Irrational’ Soccer Spending, Government Says

The comments by China’s Sports General Administration come days after the unveiling of two of the highest profile arrivals to the country’s top division.

UK-Swiss Terminate Savings Tax Deal For Automatic Info Exchange

UK taxpayers will no longer be able to pay a withholding tax to stop their information being shared with HM Revenue and Customs

Revenue battle against tax evasion yields €555m for exchequer

Tax authority says evaders can expect ‘robust response’ in 2017

Head of Barclays Japan questioned in Libor probe

Serious Fraud Office interviews former group treasurer in fresh inquiry

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.

Legal,Regulation,Tax & Compliance