Managers of Wealth

Barclays accused of making 346 million pounds in ‘sham’ payments to Qataris

PCP's London lawsuit, which seeks £720 million in damages plus interest and costs

HSBC’s Asia hiring practices probed by SEC

Based on the facts currently known, it is not practicable at this time for HSBC to predict the resolution of this matter, including the timing or any possible impact on HSBC, which could be significant.

Cayman Islands: Private Trust Companies In The Cayman Islands

PTCs are a good option for very wealthy families who wish to retain a high degree of confidentiality

Ed Goldman: Lawyer fees cross the $1,500-per-hour threshhold

The news was reported in the Wall Street Journal, quoting a report from Citi Private Bank’s Law Firm Group.

Credit Suisse Said to Be Probed in Italy for Money Laundering

Bank also said to be probed for tax evasion in Milan case

Premier Cru Boss Takes the Fifth

The FBI investigation into a Ponzi scheme at the Berkeley retailer could impact owner's own legal troubles.

Barclays to pay $50mm to end US currency rigging lawsuit

It comes three months after Barclays agreed to pay $150 million and fire a senior electronic trading official to resolve similar claims by the New York State Department of Financial Services.

FCA raises concerns about advisers' platform due diligence

Platform due diligence is lacking

Zac Goldsmith must come clean over his offshore holdings and tax affairs says Labour

Labour Party puts pressure on Zac Goldsmith to explain tax position

Hedge Fund Association Applauds Passage of House Bill Expanding Definition of Accredited Investor

The Hedge Fund Association is pleased to report that on February 1, 2016 the U.S. House of Representatives passed H.R. 2187, the Fair Investment Opportunities for Professional Experts Act, which incorporates the addition of a knowledge and education-based

Milan court sentences ex-Valentino chairman for tax evasion

The three denied wrongdoing through their lawyers and will appeal the verdict.

Ex-Deutsche Bank Analyst In Big Trouble Over Big Lots Rating

The SEC’s continuing investigation is being conducted by Drew M. Dorman, Robert B. Hanson, Jason Litow, and Kevin Gershfeld.

13 bankers to be sent for trial

The case also involves a hybrid financial instrument called Fresh 2008 which Monte dei Paschi used to partly fund the acquisition of rival bank Antonveneta.

Regulators Leave Wealth Management Industry Unplugged

Against a backdrop of loose supervision, banks and financial firms are taking big risks with investors' funds

International Tax News, February 2016 - PwC

authored by specialists in PwC’s global international tax network.

King & Spalding repaid $800,000 fees to 'Putin's banker'

The sentencing judgements handed down by Ms Justice Rose have shown that law firm King & Spalding 'repaid' $800,000 worth of fees from Mr Pugachev that were found to be in contempt of a $2bn global freezing order brokered in 2014 by Hogan Lo

ASIC bans ex Macquarie manager for using fake Family Office

The sales team then used two email addresses for the BFO to extract confidential information from MAFML's competitors in the agricultural investment sector on the pretence that it was assessing potential investment opportunities for its funds under m

Daughters of late Wall Street tycoon say dad’s wife is ‘greedy’

With her husband on his deathbed, Brown allegedly attacked Kelly, who was pregnant, as well as Kimberly’s husband at the hospital, which made Kelly miss her father’s final moments, papers say.

International property: Why buying in Andorra is not a taxing option

More of us are being drawn to the principality of Andorra for its year-round appeal

CEO loses $33 million claim against UBS

Mr Tan had initially sued UBS for more than $133 million, but in the course of the trial, he dropped the claim to $33 million.

Legal,Regulation,Tax & Compliance