Managers of Wealth

Chance to come clean on offshore stashes

The Special Voluntary Disclosure Programme is a joint initiative of the South African Revenue Service and the South African Reserve Bank.

Richard Pease sues Henderson in £2.7m contract row

Pease, who joined Henderson following its acquisition of New Star

Mystery Malaysian High Roller at Center of Global Laundering Probe

He arrived from out of nowhere in 2009, a mysterious, geeky 28-year-old dropping ridiculous amounts of money all over the city.

Legal War Between Silicon Valley Millionaire, Ex-Wife Rages On

Thought you’d seen the last of the Silicon Valley multimillionaire who was falsely accused by his mentally unstable Swedish-born trophy wife of chaining her to the bed and sexually torturing her with a golf club while she was nine months pregnant?

The Wall Street rat is going to get more fat

Previously, older laws enacted after the savings and loans scandal in the 1980s capped awards at $1.6 million.

$100-M laundering via PH banks, casinos probed

More importantly, the suspected illicit funds are said to be part of funds stolen by computer hackers recently from the accounts of a bank overseas, which Inquirer sources said was a financial institution in Bangladesh.

Stiff competition in Africa as multinational law firm hires leading partner duo in Johannesburg

I am excited to have the opportunity to grow the Competition practice in Africa, a key market with so much potential."

Bills would allow bigger payouts to Wall Street whistleblowers

Previously, older laws enacted after the savings and loans scandal in the 1980s capped awards at $1.6 million.

Former Coutts employees sue over wrongful dismissal

This included the bank’s private banking operations in the Cayman Islands, but the Cayman trust business remained.

Dentons tells ex-Luce Forward partners of $1.9M clawback years after they joined predecessor firm

Some ex-partners of the bygone California firm who are not currently connected with Dentons are being offered a chance to repay the claimed debt

Gibraltar hit with regulatory action for secrecy act and anti-money laundering violations

The OCC today also issued a $2.5 million CMP against the bank.

Tightening The Global Tax Net

They will need to look carefully to see where their reporting obligations lie and whether the structures currently in place remain workable and practical before the first official exchanges in September 2017.

Pensions, taxes and the death of certainty by George Bull

This week, we have a distinct pensions flavour…

Philippines still seeks US$ 1 billion in Marcos wealth 30 years after his ouster

The people holding these assets have been slowing us down.

Why the opening up of China's bond market is welcome - Schroders

Meanwhile, short-term pressures on the currency are still strong and we expect the currency to remain a source of concern until the currency policy becomes clearer to market participants.

HSBC’s Swiss, Dubai arms under lens for tax evasion by Indians

HSBC has been under scanner ever since a leaked list of hundreds of Indian clients of its Geneva branch found its way to the Indian tax authorities.

Billionaire’s complaint raises liability issue

The case bears the hallmarks of past infamous rogue trading cases.

The ANC’s wealth tax: Double rigging a rigged game

Kevin Bloom speaks to a tax haven investigator who says that he doesn’t.

UBS Group AG: Tax Evasion Probe Completed by Prosecutors

UBS gets closer to a trial; looks forward to the opportunity to respond to unfounded allegations

All interested countries and jurisdictions to be invited to join global efforts led by the OECD and G20 to close international tax loopholes

This new forum will provide for all interested countries and jurisdictions to participate as BEPS Associates in an extension of the OECD’s Committee on Fiscal Affairs.

Legal,Regulation,Tax & Compliance