Managers of Wealth

Banks in tax havens like Switzerland and Mauritius to run checks on Indians looking to open black money account

This comes as the Narendra Modi government implements a tough regime to root out unaccounted wealth.

EU "Blacklist": Guernsey included by error

The Chief Executive Officer of the States of Guernsey, Paul Whitfield, has expressed his surprise that Guernsey has been included on the blacklist and has explained that the error is most likely due to "a lack of understanding about Guernsey's c

Baron Rothschild indicted in France over fraud case

French police have been told by a judge in Paris to track down the wealthy scion

Finra arbitration panel hits Robert W. Baird & Co. with $13 million penalty

The asset and wealth management firm was accused of unfair competition and solicitation

Tax blacklist provokes offshore fury

The European Union published its first list of international tax havens on Wednesday as part of a crackdown on multinational companies trying to avoid paying tax in the 28-nation bloc.

Guernsey Responds to EC’s list of So-Called Non EU "Non Cooperative Jurisdictions"

Guernsey’s Chief Minister and Commerce & Employment Minister have expressed their astonishment further to an announcement of the European Commission yesterday that Guernsey has been included on a list of 30 so-called non-co-operative jurisdictio

Citywealth Names 13 Appleby Professionals in its 2015 ‘Leaders List’

The Appleby lawyers and professional specialists were recognised across three sections in the List—Lawyers, Power Women, and Trustees—as well as specific practice areas including Contentious Trusts and Landed Estates & Property.

Swiss Trader to Pay $2.8 Million to Settle Insider Trading Charges

A SEC investigation found that Helmut Anscheringer purchased stock and call options in AuthenTec Inc. upon learning from a longtime friend related to an AuthenTec executive that Apple proposed to buy the company, which provided fingerprint sensors and sof

Macquarie to refund 2,300 wealth management clients

Macquarie Investment Management Limited is due to refund over $5.5 million to around 2,300 clients affected by system errors

International law firm breaks into growing legal product market with start-up tool targeting hedge funds

The resource has been created by a dedicated team within the firm’s award-winning hedge fund practice.

Swiss AG: 53 possible money-laundering cases in FIFA probe

Banks in Switzerland have reported 53 possible acts of money-laundering in the investigation of FIFA's 2018 and 2022 World Cup bidding contests, the country's attorney-general said Wednesday

Swiss prosecutor analysing suspicious FIFA banking activity

As part of its FIFA investigation, the Swiss Federal Prosecutor’s Office is looking into 53 suspicious activity reports filed by Swiss banks.

Credible Deterrence In The Enforcement Of Securities Regulation

This paper reflects the collective experience and expertise of the member jurisdictions of IOSCO’s Committee 4 on Enforcement and the Exchange of Information.

IOSCO: Meeting the Challenges of a New Financial World

IOSCO’s private meetings preceded public sessions focusing on the theme of Building a New Financial World

IOSCO publishes report on credible deterrence approaches in securities market regulation

The International Organization of Securities Commissions has published the report Credible Deterrence, which identifies key enforcement factors that may deter misconduct in international

French judges cuts 1 bln euro HSBC bail in tax fraud case- source

That sum would have been nearly half the value of HSBC's alleged fraud of 2.2 billion euros

Switzerland Reportedly Eliminates VAT For Bitcoin Transactions

The news was delivered following a formal inquiry to the Swiss Federal Tax Administration (FTA) by three members of Bitcoin Association Switzerland, submitted in Feb 2014. FTA’s answer clarified that bitcoin is not seen as a good or service, and is

Multimillionaire wife of bankrupt property develope ‘needed’ €19m hotel sale to fund UK deal

Hotel was part of €100m in assets transferred from Seán Dunne, South Africa court hears

Geneva Whodunit Has Chinese Up in Arms Over $1.2 Billion Lost in Alleged Scam

Street protests in Beijing and Hong Kong. Chinese investors flying 5,000 miles to show up on doorsteps in Geneva and demand their money back. It’s the fallout so far from an alleged scam that its victims say robbed 29,000 Chinese investors of $1.2 b

Deutsche Bank raids 'related to tax evasion'

The allegations centre around so-called "dividend stripping"

Legal,Regulation,Tax & Compliance