Managers of Wealth

Bank Hackers Steal Millions via Malware

The bank’s internal computers, used by employees who process daily transfers and conduct bookkeeping, had been penetrated by malware that allowed cybercriminals

Personal Tax, Pensions and Benefits Review - Deloitte

Guernsey’s recently published Personal Tax, Pensions and Benefits Review has been prepared jointly by the Treasury & Resources Department (T&R) and Social Security Department (together the Joint Board) with the objectives of examining the lo

Got a few million bucks you want to protect from the tax man?

The company’s aggressive online marketing has attracted enough customers that the Internal Revenue Service and U.S. prosecutors noticed.

Belgian judge withdraws arrest threat for HSBC directors

The Belgian judge has charged the HSBC unit with tax fraud and money laundering, accusing it of offering diamond dealers and other wealthy clients ways of hiding cash and evading tax.

Pre-election tax relief jitters may drive IFA sales

Originally introduced in 2008, the relief was initially capped at capital gains of £2m, but was subsequently raised to £10m.

HM Revenue to chase £20m in Jersey-based HSBC accounts

A former member of staff told The Independent that there were “skeletons in the closet” dating from before the financial crisis.

'Swiss Leaks' catastrophic for African economies

Developing countries in Africa have been hit by the full force of the recent Swiss Leaks scandal.

Tax investigation of HSBC's Swiss arm raises risk of HMRC and SFO prosecutions - Withers

Withers tax investigations, litigation and criminal specialists work together to assist individuals and companies at every stage of an investigation, from initial enquiry from HMRC or the SFO onwards.

EU commission hopes global standard will end tax evasion

The European Commission is hoping that a new global reporting standard will eradicate tax evasion and tax fraud in the wake of the latest revelations in Switzerland

Revision of the FINMA Anti-Money Laundering Ordinance

The Swiss Financial Market Supervisory Authority FINMA has opened a consultation on the draft revised version of the FINMA Anti-Money Laundering Ordinance

UK's tax authority requests data on AFIP's report against HSBC

By the time the report was filed, AFIP said it received the information on the secret accounts from France, which had placed HSBC's Swiss private banking arm under formal investigation for possibly aiding tax evasion.

The Gallic connection – helping you secure charitable exemption on French estates and recent legislation - Withers

Traditionally, EU Member States have restricted charitable tax reliefs to domestic charities meaning that a legacy to a foreign charity may attract a tax liability

Italy and Switzerland sign landmark exchange of information agreement

After three years of intense negotiations, on the 15th January 2015 representatives of the Italian and Swiss Governments signed an agreement which spells the end of banking secrecy.

UBS confirms fresh tax evasion probe in the US

The Swiss bank said US regulators were investigating potential sales of so called "bearer bonds"

HSBC Swiss leaks: Who's who in the great tax avoidance scam?

Revelations about HSBC, headquartered in Britain and led at the time by Sir John Bond, have emerged that show the bank helped wealthy clients across the world evade hundreds of millions of pounds worth of tax.

Switzerland, Liechtenstein Conclude DTA Talks

The FDF expects the deal to be signed this summer and, pending the completion of respective national approval procedures, for it to be applied from January 1, 2017.

Got a Swiss bank account? The ATO wants to hear from you

Hundreds of wealthy Australians holding secret Swiss bank accounts are being urged to come forward - or face investigation by the tax office.

UBS Puerto Rico Apparently Pressured Brokers to Sell Risky Puerto Rico Bond Funds -- Dimond Kaplan & Rothstein

Investors have lost billions of dollars in the UBS funds

British offshore centres turn on Labour over tax attack

British offshore financial centres on Sunday criticised the leader of the opposition Labour Party after he threatened to put them on an international blacklist for tax avoidance if he wins a national election in May.

U.S. Probe Of Barclays, UBS Widens Forex Trading Investigation

Currency-linked investments marketed by Barclays Plc. and UBS are under the scanner of the US Department of Justice

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