Managers of Wealth

India, Switzerland agree on liberal terms for tax information exchange

There has been much debate on illegal offshore-accounts held by Indians

German-Swiss tax deal similar to UK’s is ‘dead’: report

The German deal was originally agreed in principle in 2011, about 10 days before a similar scheme was approved for the UK, in 2011.

Financial difficulty leads to increased risks for clients - SRA

SRA survey finds one in four struggling law firm uses clients' funds

Regulators look to increase scrutiny of large fund groups

Discussions took place in London last week at the FCA headquarters following an earlier consultation process started in January by the Financial Stability Board and the International Organisation of Securities Commissions.

Swiss Tax Deal Seen Buried After Prominent German Cases Revealed

A proposed Swiss-German tax accord is dead and buried amid growing public opposition in Germany to any agreement that’s seen as too easy on evaders

Tax evasion controversy shifts east

Our message to tax criminals is loud and clear: their money is not welcome in Singapore

Wealthy Britons in the dark over inheritance tax rules

Wealthy Britons risk leaving their loved ones with an unexpected tax bill after a new report revealed less than half are aware of the inheritance tax threshold.

Jersey Finance comments on the OECD new single global standard on automatic exchange of information

“These reforms are a platform for mobilising money transparently and allowing greater global investment, which we strongly welcome”.

Luxury Cars as Lottery Prizes to Help Portugal Fight Tax Dodgers

For as long as she can remember, Portuguese pensioner Maria Alice Silva has enjoyed a guilty pleasure she hides from her friends: playing the lottery.

OECD delivers new global standard on automatic exchange of information between tax authorities

The standard contained in this report and released in preparation for that meeting calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis.

JFSC publishes feedback on miscellaneous amendments to Regulatory Legislation

The limited number of respondents to the consultation were generally supportive of the proposed amendments and no substantive changes to the form of the draft legislation consulted upon have been considered necessary as a result of the comments received.

OECD proposes agreement on sharing details of offshore accounts

42 countries have already committed to sharing tax details

Adviser hits out at Standard Life in client ownership row

An advice firm has hit out at Standard Life after the provider revealed clients had moved from a rival firm amid a dispute over client ownership.

Barclays says its Swiss private bank is part of US tax deal

Barclays private bank in Switzerland became the latest bank to say it would work with U.S. officials in a crackdown on wealthy Americans evading taxes through hidden offshore accounts.

NORWAY: Government wants to remove wealth tax

The wealth tax limits the Norwegian business sector, says Prime Minister Erna Solberg. Solberg dismisses that the wealth tax is a tax for the wealthy.

Baker & McKenzie Elects New Partners and Professionals

Throughout their tenure, these professionals have demonstrated a remarkable commitment to our clients and the Firm

PAM awards - International Tax And Estate Planning Law Firm Shortlisted

These recent distinctions highlight the firms strong leadership in tax and estate planning for high net worth international private clients.

Global law firm appoints first ever Asia managing partner

As the U.S. Ambassador, Ambassador he oversaw the broadening engagement of the United States in Southeast Asia, which included the Obama Administration's 2011 "pivot" or "rebalance" to the region.

SEC names new chief accountant in Enforcement division

The Securities and Exchange Commission today announced that Michael F. Maloney has been named the new chief accountant in the SEC’s Division of Enforcement.

UBS suspends two Hong Kong employees in hiring probe

Investment bank UBS has suspended two members of its staff in Hong Kong after launching an investigation into the hiring of an employee related to the head of a mainland corporate client.

Legal,Regulation,Tax & Compliance