Managers of Wealth

Tough talk on tax means nothing if every country does different things

Obama and Osborne have been quick to promise an end to avoidance. But this is best achieved through collective action

Swiss authorities give France documents on 300 UBS customers - SonntagsZeitung

The delivery of the documents was made possible by a revision to the Swiss Tax Administrative Assistance Act that came into force on Aug. 1

Lending to Limited Partnerships against Capital Calls By Andrew Evans & Philip Abbott

Private equity funds requiring money for investments frequently turn to lenders to bridge the gap between the date when the investment needs to be made and the date of the next scheduled capital call on its limited partners.

Julius Baer asked for $4.7 mln guarantee in French carbon market probe

Swiss bank Julius Baer has been asked by the French authorities to hand over a 3.75 million euro guarantee to cover potential fines should it be found guilty in a tax fraud investigation

Family team expands with new Partner hire

She joins the firm from Ashfords where she was a Partner.

Swiss Tax Burden To Remain Stable

The tax-take accruing to cantons was 6.6 percent of GDP, up from 6.5 percent. The tax-to-GDP ratio for municipalities was unchanged at 4.1 percent.

Channel Islands Stock Exchange fined £190k

The Guernsey Financial Services Commission launched an investigation into the CISX in February 2012 over concerns that transactions in the listed securities of Arch Guernsey ICC and its cells had been implicated in possible market manipulation and other f

UBS Said to Pay $1.4 Billion Bail in France Tax Probe

French President Francois Hollande stepped up efforts to fight tax dodgers after a former budget minister was forced to resign

Swiss bank says cooperating in EU carbon market tax fraud probe

Tax fraud rocked the EU Emissions Trading System in 2009 and 2010

High Net Worth Family Tax Report - Loeb & Loeb

What You Need to Know About Corporate Inversions

UBS Sees Fine in Currency Probe as Part of Settlement

UBS AG, Switzerland’s biggest bank, said it may be hit with “material” penalties after authorities investigating alleged manipulation of foreign exchange markets started settlement talks.

Beware FATCA & Undercover Agents

DQ is continuing to see an increased use of undercover agents by the IRS and other tax authorities in offshore jurisdictions.

EC’s Tilman Lueder predicts a ‘change of outlook’

Mr Lueder said the new EC, which proposes the regulation that eventually becomes EU law, would look to focus on opening up opportunities across the world for European asset managers.

Global crackdown on tax havens fails to sway Australian companies

Australia's top companies have been unswayed by a global crackdown on corporate tax avoidance, with almost 60 per cent of the top 200 listed companies holding subsidiaries in tax havens or low-tax jurisdictions.

Ogier Fiduciary Services Re-brands Following MBO

Ogier Fiduciary Services launched its new brand and identity today, following the management buyout (MBO) from the Ogier Group in June.

Asset Managers Brace for a Flood of New Rules

As part of an effort to head off the next crisis, regulators are asking what role the industry plays in a healthy financial system.

‘The regulatory train has left the station’: FLinks 2014

West Lockhart added the industry “will still be able to take commission, in a post MiFID II climate”.

Signatures handed in to protect domestic banking secrecy

On this point, cabinet is set to address the concerns raised by the initiative, as it instructed the finance ministry in July to draw up a revision of the Swiss fiscal code to address tax evasion issues.

Banks facing £2bn fine for rate rigging: Regulators suspect traders at six major banks may have conspired to fix £3trillion-a-day 'FX' market

Six major banks including Royal Bank of Scotland and Barclays face huge fines for rigging the ‘Wild West’ foreign currency market.

Tax bureau gets Swiss bank accounts data

The head of the AFIP tax bureau Ricardo Echegaray received yesterday an encrypted CD from the French government containing information on 3,900 undeclared bank accounts of Argentine origin in the Swiss branch of HSBC.

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