Managers of Wealth

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.

The PM and the Panama Papers: was David Cameron's offshore funds criticism fair?

The furore over David Cameron's investment fund shares offers useful lessons for those that question why such funds are traditionally set up offshore

Crackdown on offshore owners of UK property

Secretive wealthy buyers to be unmasked

How the world’s wealthy hide millions offshore — from their spouses

Why an Alaska plastic surgeon took a sudden road trip to Panama with millions of dollars

Offshore Tax Bulletin - Deloitte

Welcome to the April 2016 edition of Deloitte’s Offshore Tax Bulletin, which provides a round-up of local and international tax issues relevant to Guernsey, Jersey and Isle of Man businesses and individuals.

Delaware - when is a tax haven not a tax haven? by Rebecca Reading

With all the focus on places such as Panama, the US might just be keeping quiet in their own dark corner, hoping no-one will remember that Delaware is one of the most private places in the world to set up a company.

International organisations take major step to boost global co-operation in tax matters

The first of these toolkits, focusing on tax incentives, was delivered in November.

Spain probes list of Swiss bank accounts provided by Germany

Germany’s North Rhine-Westphalia state said last week it gave Spain and more than 20 other European nations the list of people and companies.

ABN AMRO Surfaces in Panama Papers with Controversial Loans

Trouw and Financieele Dagblad are the two Dutch newspapers involved in the investigation into the Panama Papers

For Deutsche Bank, Justice Delayed

Mr. Noll had said prosecutors had failed to prove the allegations against the five men

Ogier’s Luxembourg team ‘punches above its weight’ according to latest industry analysis

The Luxembourg team, which was established in 2012 and is the only office of a Channel Island law firm in the City, has a ‘very commercial and client-oriented approach’, Legal 500 notes in its 2016 rankings for Europe, Middle East and Africa.

Concrete actions needed to advance global tax transparency, OECD says

The international community should call time on all remaining holdouts who have yet to implement internationally agreed tax transparency standards, OECD Secretary-General Angel Gurría said in a new report to the G20.

Panama Papers leak will have negative impact on expat banking options

The banks in the main offshore centres are extremely nervous of taking on any clients who are not resident in their jurisdiction.

Money Trail - The Route Of ‘Cash the King’

The first reaction of Najib was to deny but later he admitted to having this money in his secret personal account.

Legal,Regulation,Tax & Compliance