Managers of Wealth

French court suspends trial of famed art dealer Wildenstein

The criminal court has set the new trial date as May 4, after Wildenstein's lawyers argued that tax and criminal charges had been doubled up.

ANZ probes sacked traders' allegations of sex, drugs, booze

The claims come at a time of growing global concern around financial markets conduct.

Tennis match fixing: Evidence of suspected match fixing revealed

Secret files exposing evidence of widespread suspected match fixing at the top level of world tennis, including at Wimbledon, can be revealed by the BBC and BuzzFeed News.

Greece, Germany step up fight against tax evasion

Greek tax inspectors will also receive training in Germany.

St Lucia snubs Britain by refusing to waive immunity for Saudi billionaire

The Caribbean island turns down Britain's official request to lift Walid Juffali's diplomatic immunity before London court case starts on Monday

HMRC reverses APN decision for participants in Montpelier tax scheme

Taxpayers then have 90 days to pay HMRC the fee demanded, but are not allowed to appeal the decision.

Millions in frozen Mubarak regime’s assets trapped due to legal requirements, political situation

A meeting was held with Lauber’s Egyptian counterpart Nabil Sadek later during the day to discuss next steps in the process.

Turnover at British luxury watch-maker Bremont rises by 30 per cent to £11.7m

Accounts for the business filed at Companies House show pre-tax earnings hit £800,000 in the year to March 31, 2015, down from £1.6m a year earlier.

Bordeaux Liber Pater winemaker found guilty of fraud 

The producer of Bordeaux's rare Liber Pater wine, Loïc Pasquet, has been found guilty of defrauding authorities of almost 600,000 euros in EU funding - but he plans to appeal the ruling.

Billions of dollars of the “Royal” family deposited in a Dubai Bank

He made this observation today at the Cabinet briefing held at the Information Department Auditorium.

International law firm launches Luxembourg office

Following approval granted by the Luxembourg Bar, the office is set to open today, 12 January.

Goldman Sachs To Shell Out $5B To End MBS Probes

Goldman Sachs said as a result of the $5.06 billion settlement, its fourth-quarter earnings will be affected by approximately $1.5 billion on an after-tax basis.

ANZ Bank Sued by Two Traders Fired Over Offensive Messages

The two men were among seven traders suspended by the bank in November 2014

HMRC chief: HSBC Swiss tax dodge prosecutions 'unlikely'

So far only one person has faced prosecution as a result of the investigation into HSBC Swiss bank account holders.

Swiss Attorney General to address restitution of frozen embezzled funds

The CHF 700m that the Mubarak embezzled in under the pretence of restoration to the presidential palaces has been frozen in Swiss banks since 2011

German prosecutors launch 2,000 tax cases against UBS clients: paper

Investigations into tax dodging began after the state of North Rhine-Westphalia bought a CD containing details of UBS customers in 2012

Julius Baer CEO Says U.S. Tax-Fine Provision Is ‘Pretty Final’

Julius Baer, Switzerland’s third-largest wealth manager, announced last month that it increased provisions to settle the U.S. case to $547 million

Swiss taxman says delay payments to beat negative interest rates

Taxpayers in parts of Switzerland this year face an unusual request from fiscal authorities: please delay settling your bill until as late as possible.

Financial advisers say wealthy will accept super tax hike

Most people understand that the incentives for saving within super are exemplary compared to other vehicles and that it is important the system is seen as fair and equitable.

Irish billionaire who lives in Malta ‘investigated by Ireland's criminal assets bureau’

CAB’s remit involves investigating the suspected proceeds of criminal conduct.

Legal,Regulation,Tax & Compliance