Managers of Wealth

Ex-BSI Singapore banker involved in 1MDB probe faces additional charges

The prosecution alleges that former private wealth banker Yeo Jiawei played a significant role in moving large amounts of money.

Hatstone News

This newsletter brings news from our three offices in Jersey, Panama and South Africa and announces our new office.

Swiss Private Banks Target Overseas Growth As Uniqueness Vanishes

A global clampdown on tax evasion, led by US law authorities, means a Swiss account is no longer such an easy place to hide ill-gotten gains.

The Benefits of a Swiss Holding Company - Dixcart

There are many reasons why Switzerland is a favoured location for international business.

'Fugitive' wealth manager reassures investors

The case is the latest involving alleged financial fraud to emerge in China as the economy slows, sometimes leaving investment firms struggling to pay out promised returns.

Appleby acts on landmark Seychelles environmental deal

The landmark agreement triggers a US$31 million funding package that will benefit critical marine conversation work in Seychelles.

Panama Papers: HSBC chief says only 5% offshore accounts still active

Mossack Fonseca, the law firm at the centre of the Panama Papers leak, had alleged that HSBC had asked for the creation of offshore companies for their clients.

African Bank Investments' Ex-Directors Rebuff $142 Million Claim

Daniel le Roux, an attorney representing the 10 former directors of Abil, confirmed that court papers were filed on April 15 and declined to comment on his clients’ behalf.

Singaporean Ex-BSI Private Banker Charged Amid 1MDB Probe

A Singaporean ex-BSI private banker has been charged with receiving benefits from criminal conduct

HMRC hail multimillion-pound victory over tax avoidance scheme

The court heard the scheme, involving synthetic sales of bonds, was designed to take advantage of different accounting standards governing when assets should be recognised.

Steven L. Cantor Receives Miami Today Award

Global Attorney Steven Cantor of Cantor & Webb Cited

Isle of Man joins G5 nations in global move for greater transparency

The Isle of Man Government has today agreed to engage in an initiative on automatic exchange of beneficial ownership information spearheaded by the five largest economies in the European Union - the UK, France, Germany, Italy and Spain (G5).

Tired monetary policies calls for alternative solution - Miton's Anthony Rayner

Helicopter Money

EDCAB leads discussions as industry and policymakers come together to discuss future of virtual currencies and blockchain in Europe

This is an important step in building legitimacy for the sector and industry agreed on the need to be transparent about how they manage risk and work with policymakers to educate and build public confidence.

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