Managers of Wealth

IRELAND: Income tax revenue reduces as number of high earners falls

Income tax revenue from high earners fell by 4.4% in 2013 due to a sharp decrease in the number of high net worth individuals liable for such tax.

Strauss-Kahn Shifts Focus From Sex Trial to Hedge-Fund Probe

He and his lawyers must shift their focus to Luxembourg and the failure of a hedge fund that bore Strauss-Kahn’s name.

Banks did not do enough to police FIFA transactions, says agency

A global group of government anti-money-laundering agencies said that financial institutions have not done enough to police suspicious financial activity by officials at football's global governing body FIFA

Good news for entrepreneurs as Swiss vote no to IHT

The Swiss voters have decided to reject the initiative to introduce a federal inheritance tax by a vast majority of 71.7 per cent

Nedbank boss set to testify over ‘scam’

Nedbank chief executive Mike Brown has been subpoenaed to give evidence today at a confidential Section 417/418 inquiry in terms of the Companies Act.

Cayman Islands: OECD Responds To EU's Blacklist

'Without prejudice to countries' sovereign positions, we are happy to confirm that these jurisdictions are cooperative and we would like to commend the tremendous progress made over the past years as well as the cooperation and integrity of the

Crackdown on multinational tax avoidance likely to be thwarted, says expert

The G20's efforts to crack down on multinational tax avoidance are likely to be defeated by national self-interest, particularly from the United States, one of Australasia's top tax advisers says.

One of Brazil's Richest Men Arrested in Petrobas Corruption Scandal

The company's list of projects includes world cup stadiums, deep-sea ports, and Miami's airport.

Is America’s FATCA Policy To Recover Lost Taxes “Skewed”?

America’s policy of recovering undisclosed taxes has been slammed as “skewed” by the boss of one of the world’s largest independent financial advisory organizations

Disgraced trader asks judge for a $50M refund

Rajaratnam is asking that five counts of his conviction be vacated

Libor trial: Hayes handed over a UBS 'instruction manual' on rigging, prosecution says

Serious Fraud Office received the bank's internal guide on submitting Libor

HSBC commission meets UBS whistleblower in Paris

Members of the congressional bicameral commission investigating HSBC supposed illegal scheme to help Argentines evade taxes started their activities in Paris yesterday

UBS Tax Evasion Network in Latin America Revealed

Gibaud noted that the Latin American network, which included Argentina, consisted of about 30 people.

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.

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