Managers of Wealth

What is your Government’s attitude to immigration by Entrepreneurs and high net worth individuals? - Withers

Is there a difference in attitude between active and passive investment?

Ex-England football managers caught in film scheme carnage

The products were sold by advisory firm Kingsbridge Asset Management, which built its business through managing the financial affairs of stars from the football world.

Britain is being used to wash billions in dirty money — and banks are blocking moves that could crack down on it

Money laundering is the process of disguising the origins of money obtained from crime and corruption by hiding it within legitimate economic activities.

Swiss Bank Data Thief: ‘I’d Do It Again’

Switzerland has proposed easing bank-secrecy laws, allowing for more cooperation with foreign tax agencies—even where stolen information is involved

Rich investors value protecting wealth over high returns

It's often assumed that financial planning for high-net-worth individuals is all about sophisticated investments and complex strategies that are either too expensive or otherwise off-limits to the general public.

Swiss banks to pay $81 mln, avoid U.S. charges on aiding tax evasion

These banks will collectively pay penalties totaling more than $81 million and continue to cooperate with the department.

Offshore trusts with UK beneficiaries will be captured under 4AMLD - Appleby

The arm of the UK Government is likely to extend into offshore trusts where they contain UK tax paying beneficiaries. Whether or not this information will be linked at an EU level remains to be seen

Barclays to Pay $150 Million More to Regulator in Forex Probe

Additional Fine Brings Overall Barclays Foreign Exchange NYDFS Penalty to $635 Million

Swiss banks to pay $81 mln, avoid U.S. charges on aiding tax evasion

Under the program, banks also must provide detailed information on the accounts of U.S. taxpayers under investigation.

Private Funds 2016: Analysis

Astleford has more than 25 years’ experience in advising fund managers, banks, brokers and corporates and is co-chair of the firm’s global financial services group and head of the group in Europe.

FCA launches asset management competition study

The Financial Conduct Authority (FCA) has set out the areas it will focus on in its market study into competition in the asset management industry.

The World’s Largest Law Firm Will Have 7,300+ Lawyers

Expected to launch in 2016

U.S. close to finalizing rules on banker bonus pay: OCC

The rules are expected, among other things, to dictate when banks can take prior years' bonuses back from bankers, for example if the employee engaged in fraud.

HMRC targets 'affluent' taxpayers in anti-avoidance crackdown

The taxman has doubled the army of inspectors trawling through the tax files of those earning £150,000 or more

HMRC's Affluent Unit Steps Up Efforts

Additional tax inspectors at HMRC will be expected to pay for themselves many times over.

Italian businessman and glamour model convicted of recruiting prostitutes for Berlusconi's parties

Gianpaolo Tarantini and Sabina Began, "Queen Bee" of Berlusconi's female entourage, accused of recruiting 26 showgirls to attend parties at the then prime minister's homes in Rome and Milan

Freeport king fails in appeal against Monaco criminal charges

Yves Bouvier, a Singapore PR, will now be tried for fraud and complicity in money laundering

Gilbert Arenas Demands At Least $40 Million From Financial Management Firm

Arenas claims that Boulevard Management, Inc. fell well short of the standard of care that it publicly advertises, causing Arenas to lose many millions of dollars.

Standard Chartered's Swiss Bank Will Pay $6.3 Million to U.S.

The Swiss Bank Program, which was announced on Aug. 29, 2013, provides a path for Swiss banks to resolve potential criminal liabilities in the United States.

Switzerland steps up efforts to tackle black money menace

Upping the vigil against illicit fund flows, Switzerland has tightened its anti-money laundering norms with new diligence rules, including greater scrutiny of ecclesiastical foundations.

Legal,Regulation,Tax & Compliance