Managers of Wealth

Greek ex-finance chief faces trial over wealth declarations

If proven in court, the misdemeanor charge carries a maximum 5-year prison sentence.

How the wealthy untie the knot

By contrast European divorce law tends more towards dividing assets based on how much the couples might need in their future lives.

FCA to kickstart sandbox with 24 applicants

Of the 69 applicants, seven came from payment firms - including blockchain firms.

Israeli businessman and diamond dealer wins nearly $200m in court ruling

Leviev originally won the award from Klein in an Israeli ruling in June.

Data on UK firms using passports for business in Europe

The House of Commons Treasury Select Committee has published a letter from Andrew Bailey, Chief Executive of the FCA, to Andrew Tyrie, Chairman of the Committee, regarding the number of UK authorised firms that currently hold single market passports. The

Citi: Asking Swiss Clients to Waive Banking Secrecy

Citi is asking its wealthy banking clients to voluntarily forgo secrecy

SEC calls for greater transparency and record keeping with changes to Form ADV and Advisers Act

The SEC hopes the new rules will improve the depth and quality of the information it collects, facilitate its risk monitoring initiatives and assist staff in its risk-based examination program.

Revealed: How Brits are losing millions to UK’s biggest scam while the government stands by

While other countries have banned this business, a regulatory loophole has left UK victims completely unprotected – despite police saying it is now the biggest fraud in Britain.

Unauthorised pensions withdrawals – does the punishment fit the crime?

It is easy to think that after all of the recent legislative changes anybody can get hold of their pensions pot at any time without tax consequences. However, unauthorised payments out of pension schemes can, and do, attract substantial tax charges. Two r

Why Sharing the Wealth Isn’t Always Taxable

An attorney who had practiced tax law for 10 years and taught the subject at a law school for three years.

A court hears how a collapsed stockbroker was using the advice of a psychic

Her activities at BBY are being revealed during a liquidators’ examination in the NSW Supreme Court on the collapse of BBY in May 2015.

Fatca: Deadline For Jurisdictions To Have An Iga In Effect

From 1 January 2017, jurisdictions that have not yet brought their Intergovernmental Agreement into force, will no longer be seen to have an IGA in the eyes of the US Department of Treasury.

The Modernisation Of Luxembourg Company Law: Changes To Board Of Directors - Managers

Part of Luxembourg’s Companies Act reform bill of July 2016 details changes to the board of directors in respect to managers.

Old Mutual Said to Mull Wealth Unit Sale, Dropping IPO, on Costs

Old Mutual has already contacted potential buyers for the U.K. unit

Proposed Changes to Inheritance tax for UK residential property

These changes will have a large impact on any non-UK domiciled individuals (non-doms), or any offshore trusts settled by a non-dom, that hold UK residential property through an offshore company or similar arrangements such as a partnership.

Indonesians declare $12 billion worth of assets held in Singapore under Jakarta's tax amnesty scheme

The landmark tax-amnesty plan was introduced by the Indonesian government to allow an inflow of billions of dollars into the country.

The Rich Kid rip-off...

Controversial binary options gambling group Banc De Binary has come under fire from some of its customers with one know to have reported them to Action Fraud.

Over 50 facing Panama Papers probe

He said that limited resources made it impossible to audit all individuals at the same time.

SEC rewards help bring forward the whistleblowers

The commission’s programme has seen tips pour in while payouts are expected to rise

Let’s make them pay! — A conversation with the leading crusader against corporate tax evasion

Gary Kalman of the FACT Coalition is on a mission to chase Corporate America out of its overseas tax havens

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