Managers of Wealth

David Cameron's Panama Papers Show How Little Offshore Tax Dodging Is Going On

The reason for this is that as we can see, the income from David Cameron’s offshore foray was in fact all declared and tax paid on it, justly and righteously.

Police probe £20m Scottish golf hotel development after investors claim they've yet to see a penny from their investment

NOT a brick has been laid since the hotel development at Whitekirk, East Lothian, since the development was first mooted in 2012.

How a US president and JP Morgan made Panama: and turned it into a tax haven

In 1903 the US bullied Colombia into giving up the province that became Panama. The plan was to create a nation to serve the interests of Wall Street

Swiss finance minister offers defence for rich caught up in Panama Papers

Four decades of documents from Panamanian law firm Mossack Fonseca, which specialises in setting up offshore companies and has offices in Zurich and Geneva, showed widespread use of those instruments by global banks and triggered investigations around the

Billionaire Tax Cheat Olenicoff: `I've Moved Up In The World' With Panama Papers

Forbes 400 member Igor Olenicoff, who pleaded guilty in 2007 to the felony of lying on his federal tax return about $200 million he kept hidden offshore for years.

Gold Standard in Islamic Finance ‘Almost There’ for Submission

The committee formed to develop the gold standard will meet once more next Sunday and then submit the proposal to AAOIFI’s Shariah Board, he said in an interview in Dubai on Sunday.

Swiss banks face scrutiny over Panama Papers

Switzerland is the world's largest center for offshore wealth, with Boston Consulting Group estimating that around $2.5 trillion in foreign assets was kept with the country's banks in 2014.

Ten biggest bank scandals have cost £53bn in fines

The research found that Royal Bank of Scotland has paid out £6.4bn in misconduct charges but there has been no dividend for shareholders since the financial crisis. RBS has paid £3.8bn in bonuses to staff.

ABN Amro helps clients hide assets in tax havens, Dutch media claim

The Panama Papers show ABN Amro has at least six subsidiaries which operate as nominal shareholders.

Mayo solicitors announced as finalists in the AIB Private Banking Irish Law Awards

The two firms have been shortlisted in the ‘Connaught Provincial Law Firm of the Year’ category and P O'Connor & Son Solicitors has also been shortlisted for ‘Irish Language Practitioner of the Year

Handler Thayer Named 2016 Best Legal Team By Family Wealth Report

One of only three firms to be shortlisted in the legal category, this award is yet another milestone in the firm's drive to be the global leader in the highly competitive private client space.

Statement from OECD Secretary-General Angel Gurría on the 'Panama Papers'

The “Panama Papers” revelations have shone the light on Panama’s culture and practice of secrecy.

Swiss police raid UEFA as offshore tax scandal spreads

Europe football body scoured for contract mentioned in the Panama Papers with broadcast rights allegedly sold for cheap.

I was abused and tortured in Dubai jail, says ex-Leeds United boss Haigh

An extended version of the interview with David Haigh is in today’s Yorkshire Evening Post.

Mossack Fonseca files complaint with AG, founder blames hackers in Europe

The firm's co-founder Ramon Fonseca told Reuters that the firm filed complaints with the Attorney General's office in Panama.

Shanghai police arrest 21 suspected of wealth management fraud

Police have arrested 21 people with ties to well-known Shanghai investment firm Zhongjin Capital Management, accused by police of illegal fundraising in China's rowdy and chaotic wealth management industry. Municipal police said in a statement on th

Ex-State Street executives charged in US for defrauding clients

Two former high-ranking executives of a Boston-based financial services company, which is one of the world’s largest asset managers and custody banks, have been charged with engaging in a scheme to defraud at least six of the bank’s clients th

Jersey leads on the capture and sharing of beneficial ownership information

He welcomed moves for greater transparency and called on other locations that had not done so to introduce a regulatory regime that enabled them to know and share information on the beneficial owners of companies with appropriate authorities.

Charities & Philanthropy | April 2016 - Withers

With the rules relating to Registers of Persons with Significant Control coming into force tomorrow (6 April), we provide a short update for charities and their trustees.

Entering Under a Cloud

There couldn’t be a worse time for venerable Hamburg-based Berenberg and Mr. Peters, its current lead partner and top executive, to be drawn into the Panama scandal.

Legal,Regulation,Tax & Compliance