Managers of Wealth

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"

Jack Warner: Fifa's pirate of the Caribbean

Jack Warner is a member of parliament and a former world soccer vice president - here is what else we know about Fifa's pirate of the Caribbean.

Switzerland Names Names

Nearly a century of silence comes to an explosive end

Swiss Justice Department says 1 of 7 men arrested in FIFA corruption case appeals for bail

The seven men face 20 years in prison on racketeering charges.

Baker Tilly to strengthen market position by adopting RSM as global brand

Baker Tilly is one of the UK’s leading audit, tax and consulting advisers, with 3,400 partners and staff operating from 32 offices around the country.

Deutsche Bank Raided in Tax Probe

A Deutsche Bank spokesman said prosecutors hadn't brought forward any allegations against the bank's current staff in relation to Tuesday's events and declined to comment further.

Two More Swiss Private Banks Report Hidden American Accounts

“As the agreements reached today confirm, Swiss banks that helped U.S. taxpayers to hide foreign accounts and evade their U.S. tax obligations are providing a detailed account of their cross-border banking activities.

Appleby Aviation Team Attends Leading Industry Exhibition

Appleby’s dedicated aviation team has returned from the 2015 European Business Aviation Convention & Exhibition (“EBACE”), Europe’s largest and most important business aviation trade show in Geneva last month.

The Gibraltar FSC signs MoU with the Guernsey FSC

The MoU will serve as a formal agreement to strengthen co-operation between the two supervisory authorities, providing a gateway to exchange information and increase investigative assistance between the two organisations.

How divorces among the rich differ from middle class divorces

Money makes divorce look a little different.

International law firm continues dramatic global expansion

Hires Asian corporate tax head and launches Tokyo tax practice

UBS Transfers Assets to Swiss Unit to Meet Regulatory Demands

UBS Group AG plans to transfer assets and operations into a new Swiss unit on June 14 to meet regulatory demands to make the company easier to break up in a crisis.

Russia, Qatar could lose World Cups: FIFA official

Russia and Qatar could lose the right to host the 2018 and 2022 FIFA World Cups if evidence is found of corruption in the bidding process, a FIFA official was quoted as saying on Sunday.

Swiss regulator, UBS chairman disagree over banking standards

The chairman of Swiss banking giant UBS and the head of Switzerland's financial watchdog clashed on Monday over the country's need to have tougher targets for its own banks than the global standards for the industry.

Legal,Regulation,Tax & Compliance