Managers of Wealth

Swiss Whistleblower Rudolf Elmer Convicted of Violating Bank-Secrecy Laws

Former Julius Baer Employee Charged With Submitting Client Data to WikiLeaks

UK pension liberalisation and how the changes affect expats

In his 2014 budget, the British Chancellor of the Exchequer announced the most significant pension liberalisation of the past century

UBS to Pay $14.4 Million Fine for Violations in U.S. 'Dark Pool'

The SEC also highlighted several other violations by UBS

IRS Switches On FATCA Tax Information Swapping

The controversial law has triggered worldwide protests from financial firms and US taxpayers

UBS Hit With Record Dark Pool Fine for Breaking U.S. Rules

UBS consented to the SEC’s order without admitting or denying the findings.

Swiss Ditches the Silly Central Banking Policies

In a surprise announcement, the Swiss National Bank abandoned its silly policy of defending a peg to the euro.

New EU rules force wealth firms to disclose all underlying costs

This figure will include initial and ongoing costs, transaction, custody and research costs, performance fees and exit charges.

Switzerland’s Financial Centre Reforms Are A Work In Progress

In the last few months Switzerland has made progress in making its financial centre internationally compliant.

Swiss End to Bank Secrecy One Step Closer as Law Revamp Proposed

Switzerland today proposed two draft laws that would effectively get rid of bank secrecy for offshore accounts and allow the automatic exchange of an account-holder’s information with foreign tax authorities.

The great global lie

Offshore financial centers owe their prosperity to tax transparency, not tax evasion

WikiLeaks Banker Called Traitor as Prosecutor Seeks Jail

A Swiss banker accused of revealing details of tax-dodging clients on WikiLeaks is a traitor who should be sentenced to three and a half years in prison

Argentina puts 30-day suspension on HSBC transfers abroad

British bank HSBC, charged with helping more than 4,000 Argentines commit tax evasion, will not be able to transfer Argentine funds abroad for 30 days, under a decision announced Monday.

Lombard Odier wins £2.7m legal row with ex-hedge fund manager

The fund closed four years after its launch in December 2009

Switzerland’s Financial Centre Reforms Are A Work In Progress

In the last few months Switzerland has made progress in making its financial centre internationally compliant.

Part I: SS&C GlobeOp and Regulatory Reporting By: Tom Kirkpatrick and Alexandra Gillespie

In Part II of the interview, the discussion will turn to the new European clearing mandates and the overall future of OTC processing.

Tough choice for Bank Leumi US customers

American customers with unreported accounts will now find it costly to own up, but perhaps even more costly if they don't.

Billionaire water boss in the spotlight

Northumbrian Water bosses have defended the company against allegations its billionaire foreign owner has used a legal tax loophole to boost profits.

Domestic banks reject EU finance fusion

The Brunetti committee was commissioned by the government in September 2013

Swiss citizens come clean on tax cheats

A total of 15,039 Swiss residents have filed voluntary disclosures since the government introduced an amnesty

Switzerland, Italy Treaty Announcement 'Imminent'

The program also establishes a deadline of 60 days from its entry into force on March 2, 2015, for countries that have not yet signed tax treaties with Italy to do so, to enable the exchange of tax information, or risk inclusion on its "black list.&a

Legal,Regulation,Tax & Compliance