Managers of Wealth

Switzerland stands to gain from UK tax changes

Mr Codrington was convinced that there would be an increase in individuals that would reconsider their options once the new regime came into force in April 2017.

First of the seven FIFA officials arrested in FBI corruption probe during raid on Zurich hotel is extradited to the United States

FIFA chiefs accused by U.S. of taking bribes worth more than $100million

HSBC Unit in the Cross Hairs of Saudi Regulator

Bank is being investigated over whether it inflated the valuation of a construction firm’s IPO

Three Swiss Banks Agree to Pay $3.1 Million in U.S. Tax Program

Three more Swiss banks will pay penalties to the United States as part of deals that mean they will not face criminal charges for helping Americans avoid taxes.

Deutsche Bank Inquiry Deepens as New York Seeks Moscow Memos

The formal request for information, which was sent last week, the person said, marks a deepening of the New York State Department of Financial Services’ probe into Deutsche Bank’s activities in Russia.

Tax Inspectors Without Borders

OECD and UNDP to work with developing countries to make tax audits more effective

Swiss FIFA corruption allegations grow, cast hosting of World Cups further into doubt

A Swiss probe into corruption allegations surrounding the next two World Cups has grown to include 81 acts of suspicious financial activity now under investigation, it has been announced.

Brazil names 30 bankers in forex probe

Any individual found guilty of manipulating exchange rates could face multi-million pound fines

DeVere conduct brought into question overseas

The DeVere Group Tokyo K.K. was added to the Japanese Financial Services Agency’s ‘cold calling’ investors alert list last week.

Criminal Damages Case Dropped Against Billionaire's Wife

The wife of a billionaire entrepreneur has had a criminal damage case against her dropped due to lack of evidence.

The Swiss Leaks

Bill Whitaker investigates the biggest leak in Swiss banking history and examines HSBC's business dealings with a collection of international outlaws

$1 Million Reward Offered for Return of Ruby Slippers Stolen From Museum

Other ruby slippers worn by Judy Garland are in the Smithsonian Institution

India, US sign FATCA to fight offshore tax evasion

Under the agreement, banks, mutual funds, insurance, pension and stock-broking firms will report their American client details to the tax department for sharing with the USA, said a finance ministry official, who declined to be named.

Top Ten International Anti-Corruption Developments for June 2015

Weisman’s inconsistent testimony about his cooperation ultimately led to the somewhat unusual mid-trial guilty plea.

Beanie Babies Billionaire Maker’s Probation Sentence Upheld in Tax Case

The district judge found Warner’s record of charity and benevolence ‘overwhelming

Former FIFA Vice President Jeffrey Webb Agrees to Extradition to U.S.

Webb has been in Swiss custody but would be transported to the U.S. in the next 10 days

Wealthy City investors sue finance firm Ingenious over film investments

Wealthy City investors are suing finance firm Ingenious along with banks Coutts and HSBC over the billion-pound film production schemes that Revenue & Customs has labelled tax avoidance vehicles.

Linklaters appoints William Hague to chair its newly created International Advisory Group

Linklaters appoints William Hague to chair its newly created International Advisory Group - See more at: http://www.linklaters.com/News/LatestNews/2015/Pages/Linklaters-appoints-William-Hague-chair-newly-created-International-Advisory-Group.aspx#sthash.b

House of Lords to grill ex-HSBC chairman in tax evasion row

Global bank’s Swiss operation helped wealthy customers evade tax during Stephen Green’s tenure

Two Swiss Banks Settle With US Justice Department

Two more Swiss banks have agreed deals with the US Justice Department over tax evasion by Americans.

Legal,Regulation,Tax & Compliance