Managers of Wealth

New decision on wording of Cyprus-India double tax agreement

Cyprus company Glendive Enterprises Limited entered into an agreement with Arabian Resources FZC to provide a ship to transport bauxite ore

Bruised and grumbling, foreign banks bend to U.S. rules

The BBA estimates Western banks have cut hundreds of relationships with correspondent banks in emerging markets, hurting businesses, governments and people in poorer countries.

Ex-Soros manager sues for $20m after eight months work

The legendary investor faces a hefty legal claim after one of his former fund managers claims he's owed millions after being fired

Bruised and grumbling, foreign banks bend to U.S. rules

Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.

Revenue Canada's offshore tax cheat snitch line flooded with calls

Cash reward system gives tipsters up to 15 per cent of the amount in taxes collected

Steven Cohen Writes a Big Check to the U.S. Government

Steven A. Cohen proved to be a stickler for the letter of the law when it came to paying the criminal penalty imposed on his former hedge fund as part of its guilty plea on insider trading charges.

Swiss ex-banker charged with giving data to WikiLeaks

The charges refer to data passed to Assange during a news conference in London and to alleged attempts by Elmer to pass on confidential client data to German officials in 2009 and 2010.

Pre-nuptial agreements: wedding bells or alarm bells?

Individuals who intend to marry tend not to see divorce as a possibility

Guernsey - Leading The Way With Unique Foundations Legislation

Guernsey has taken note of the fact that some clients may worry about confidentiality

Only two firms meet FCA standard on dealing commission

The FCA reviewed how firms use the charges paid by consumers for executing trades and external research

Leading offshore legal and fiduciary services provider Scores Hat-Trick of Shortlistings in STEP Private Client Awards

The STEP Private Client Awards, now in their ninth year, highlight excellence among private client solicitors/attorneys, accountants, barristers, bankers, trust managers, and financial advisors. This year saw the highest number of entries yet, according t

FCA steps up focus on fair use of client dealing commission

The FCA will work closely with industry and other regulators to ensure that the new European rules deliver the best outcome for investors.

Jersey approves first regulated Bitcoin fund

A regulated Bitcoin investment fund overcomes anonymity concerns about the virtual currency, says its director.

Black money trail: No list of Indians holding money in Swiss banks, says Arun Jaitley

India has been told four days ago that there is no list of Indian tax residents holding assets in Swiss Banks in their own name or through structures

Seneca Partners launches IHT scheme

Seneca has advanced £10m to businesses already and expects to have a loan book of £20m by the year’s end

Offshore Deferred Compensation Update by Withers

In light of this ruling, managers of offshore funds should now be able to defer certain forms of performance-based compensation without the fear of draconian US income tax consequences.

FCA to probe competition in investment banking and asset management

In the asset management sector, the regulator will look at whether sufficient incentives exist for asset managers to negotiate the best deal for investors

More than 20,000 client names of Jersey tax haven bank leaked

In another major blow to international personal tax evasion, the names of over 20,000 wealthy offshore clients of a private bank in the Jersey island tax haven, have been leaked to the International Consortium of Investigative Journalists.

Credit Suisse Says Pension Assets at Risk Unless Court Delays Sentencing

Bank Asks That Sentencing For Aiding Tax Evasion Be Pushed Back to November

Walkers Expands With Ten New Partners Across International Network

Promotions in core practice areas of Investment Funds, Finance and Insolvency.

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