Managers of Wealth

Former UBS Trader Adoboli Renews Bid to Appeal Conviction

He argued at trial that managers at Zurich-based UBS pushed him to take too many risks and that rule-breaking at the bank was rampant

Increase Tax on Dutch Wealthy:OECD

Labour and consumption are heavily taxed, while wealth is taxed lower than in other Western European countries

Russian anti-offshore initiatives: Updated Draft Law on Controlled Foreign Company rules and other measures

On the 18th of March the Russian Ministry of Finance published a draft law on anti-offshore measures.

WMA calls on Europe to put brakes on regulation

Legislation drafted by the European parliament set to come into force in the next few years

Speechly Bircham boosts Paris team

Her arrival observes a strategic bridge to an offering that is already firmly focused on serving private equity investors and corporates, as well as tax planning, corporate and litigation services for wealthy families and entrepreneurs.

Swiss banks risk bigger than expected fines in U.S. tax case

Swiss banks under investigation for allegedly aiding U.S. tax evasion face the prospect of bigger fines than they bargained for that could dent their capital and force some to cut dividends.

UBS Probed in Belgium Over Money Laundering, Organized Crime

UBS Belgium, the bank’s local arm, helped to organize the transfer of large amounts of money to Switzerland

The Lawyer Awards 2014 Shortlist: Private Wealth Team of the Year

In our first in-depth look at our awards shortlisters, the private wealth contenders show how they have shined in the face of globalisation and tougher legislation

HMRC guidance on Social Investment Tax Relief by Chris Priestley, Withers

The government is aiming to support social investment by providing valuable tax reliefs to individual investors (SITR).

Changes to Tier 1 (Investor) visas for the UK – what you need to know by Philip Barth, Withers

The Investor visa has been in existence for about 20 years. It allows a person who can show liquid wealth of at least £1m to apply for the right for themselves, and their dependant family members, to live in the UK.

English courts are getting tough on individuals who claim to have no control over trust assets by Dawn Goodman, Withers

In several recent cases concerning Russian and CIS nationals, people have been held in contempt of court for failing to disclose information about their assets. In this article we look at two recent cases where the English Court’s remit stretched fa

Switzerland Tells UK Of Bank Deposit Movements

This was required under an agreement between the UK and Switzerland, which sought a middle ground on respecting Switzerland's banking privacy laws.

Remarkable international progress in fight against tax evasion and corporate avoidance

There has been remarkable progress in the fight against tax evasion and corporate avoidance in the past eighteen months.

Barclays overhauls legal team to create global litigation and financial crime group

The bank’s new global financial crime group will now take on all financial crime work, which will be split off from the rest of the litigation function as well as bribery and corruption and money-laundering matters.

Deutsche Bank, Former Executives Sue Each Other Over Move

The hirings violated a non-solicitation agreement and previous settlement over HPM’s recruitment

Deutsche Bank, Former Executives Sue Each Other Over Move

The unlawful actions by HPM and the employee defendants could best be described as an economic coup d’etat, which seeks to obtain DB’s critical client base as its spoils.

WMA advises EU against 'blunderbuss' regulation

Retail and wholesale financial markets differ and require a different regulatory approach

Guernsey set to join OECD’s top club in fight against tax evasion

The OECD and the Council of Europe's Multilateral Convention on Mutual Administrative Assistance in Tax Matters will be effective in Guernsey from the start of August.

54% Of Offshore Profits Held In 12 Tax Havens, Study Says

A majority of American corporations’ offshore profits are held in 12 tax havens, according to a study published Tuesday.

Foreign Account Tax Compliance Act (FATCA) Enforcement Delayed

This period is being called a “transition period” as it will ease the anxiety that the law has caused to the foreign institutions and take the pressure off

Legal,Regulation,Tax & Compliance