Managers of Wealth

Zeus Capital co-founder to be charged over tax scheme

The Crown Prosecution Service has issued a summons for Richard Hughes, who co-founded Zeus Capital , and nine others to appear before Birmingham magistrates next month.

Statement by the IAAF Ethics Commission

The Ethics Commission welcomes these strong additions to its number at a time when the sport of Athletics is facing particular challenges

Latvian coder released from clink after mega-millions bank raids

Gozi '76 Service' hacker handed time served after 21 months.

‘Wolf of Wall Street’ Swiss Bank Pays $188 Million in Tax Case

“Under the terms of the agreement, UBP pays a heavy price for its criminal conduct and must cooperate fully in all matters relating to the conduct described in the agreement until all civil or criminal examinations, investigations or proceedings are

States of Guernsey Common Reporting Standard

Supplementary Guidance Notes Released

Italy Removes Jersey Blacklisting

The only remaining general criterion for the application of the CFC rules (without list) will be the low level of corporate taxation of the controlled foreign company.

Guernsey on Italian 'white list'

The Stability Law has revised the relevant provisions of Italy's tax code relating to so-called 'black lists' on corporate taxation and Controlled Foreign Companies rules.

French Authorities Investigating Karl Lagerfeld's Taxes

The case is the latest involving allegations of high-end tax evasion in France, where the Finance Ministry has cracked down on fraud in recent years to ease budget strain.

PwC in $55 million settlement with Madoff feeder fund investors

According to court papers, Fairfield Greenwich investors suffered big losses on the more than $7 billion of their money

McManus to fight US government over €4.8m tax bill

Precisely how the money was won from Mr Gores was not revealed in the legal papers.

JPMorgan to pay $4 million for false statements about broker pay: SEC

An SEC investigation found that although J.P. Morgan Securities LLC (JPMS) did not pay commissions to registered representatives in its U.S. Private Bank, compensation was not based on client performance.

Trustee Strikes $25 Million Settlement With Madoff Investor

Irving Picard reaches deal with Vizcaya Partners as well as with Vizcaya’s investors and their bank

FCA Ends Probe Into HSBC Swiss Tax Affair

The FCA has concluded a 'deep-dive' into HSBC's Swiss private bank in the wake of a tax evasion scandal

US Justice Department Sues German Car Giant VW Over Emission Scandal

In September last year, following an investigation by US regulators, VW admitted fitting the so-called defeat device on 11 million vehicles globally.

Elliott Hedge-Fund Group Loses German Top Court Porsche Ruling

The funds didn’t show they have no other way to prove their cases, the judges said in a ruling published on the court website.

Texas tycoon Wyly faces US$2 billion tax trial over offshore trusts

Texas tycoon Sam Wyly is set to face off against the Internal Revenue Service at trial on Wednesday

Swiss bank to pay US$100 million to resolve US tax probe

This amount has been entirely provisioned and does not affect the capital ratios of the group or of the bank, which remains among the world's best-capitalized banks

Permission possible for film tax probe

The evidence will be used in a case involving Frank Agrama, a film producer who is alleged to have been Berlusconi’s agent in the multimillion- euro scheme.

HSBC's Swiss unit facing German tax probe -SonntagsZeitung

Lawyers for HSBC are negotiating with authorities for a settlement which should also include a solution for the employees

Ipes and KPMG sign agreement to provide investors with certain services

One of the first deadlines for clients to be aware of is the deadline for FATCA reporting for US and UK investors in May/June 2016.

Legal,Regulation,Tax & Compliance