Managers of Wealth

FCA is not taking RDR seriously: Shillito

The principles of RDR are not being taken seriously enough by the FCA

French 'suspect Geneva bank in giant tax fraud'

Falciani, a former IT worker at the bank in Geneva, released data to the French government in 2009 on 130,000 wealthy clients at HSBC alleged to have evaded taxes.

Mishcon de Reya to launch independent private client business with offshore fiduciary firm

Mishcon's managing partner Kevin Gold said: 'Years of experience advising clients on their business and personal matters has helped us understand that families really are the most complex organisations in the world.

Corporate guide ranks Carey Olsen as top offshore legal adviser to LSE clients

Carey Olsen is the number-one offshore legal adviser to London Stock Market clients

ONS marriage statistics: comment from Penny Lovell, Close Brothers

Penny Lovell, Head of Private Client Services at Close Brothers Asset Management, comments on ONS marriage statistics:

Switzerland forges forward with innovative new PEPs law designed to return plundered assets

Industry officials have hailed Switzerland's attempts to speed up the process of returning assets plundered by corrupt leaders to their original states of origin as pioneering.

Offshore Bank Letters, FATCA, & IRS Penalties---Are Any Choices Left?

Failing to respond in any way is likely to mean the bank will close your account

India crackdown on rich with Swiss accounts

Within 24 hours of his May 26 inauguration, Modi created an investigative team of former judges and current regulators

Wealthy Austrians Are Demanding Their Taxes Be Raised

Austria lacks an inheritance tax, and wealth brackets are not scaled

Appleby partner joins expert panel in New York

When a fund becomes illiquid it can find that its assets cannot be sold at all

Arguments against international finance centres are ‘flawed’, new study finds

Moving Money concludes that the reduction of trading barriers is helping both developed and developing countries

Sebi may probe Credit Suisse over insider trade in L&T Finance

The market regulator is likely to probe Credit Suisse to determine whether price sensitive information about the share deal was leaked by the investment bank.

Ed's secret triple tax whammy: Leaked Labour plans for multi-billion-pound package of 'property wealth taxes'

Secret Labour documents plan to ramp up rates on farmers and the South

FATCA Is Not Just A Worry For American Investors

FATCA was designed to catch US taxpayers with offshore accounts

Foreign banks face disappointment over Volcker rule

One of the issues facing foreign banks is whether they will need to sell investments in covered funds, such as private equity or hedge funds

Messi caught up in 1m money laundering mess

The corresponding bank slips list the recipient as a company by the name of 'G. Marín-Messi

Beware Of Swiss Banks Urging OVDP

A client recently received a letter from a Swiss bank “strongly encouraging” the client to enter the Internal Revenue Service Offshore Voluntary Disclosure Program

The Best Offshore Solutions

Tom Carey and Ben Morgan of Carey Olsen tell HFMWeek how Guernsey has maintained its solid reputation following the implementation of AIFMD

Howes Percival promotes private client lawer to partner

Lindsey has over 20 years’ experience in private client law and is also a specialist in the administration of estates, lasting powers of attorney and Court of Protection cases, including related taxation issues.

Jersey hosts four day conference and seminar in partnership with the US Securities and Exchange Commission

The purpose of the conference is to encourage international co-operation between securities authorities in order to protect investors

Legal,Regulation,Tax & Compliance