Managers of Wealth

Tax Evasion Wiping Out Greek Real Estate Market

The Greek news agency ASNA reported that economic analysts blame the government for letting tax evaders escape

Swiss tax haven is over

International tax services, apart from the American, will be able to collect data relevant from January 1, 2013.

HJA expands private client team

He is highly experienced in all areas of private client work – including wills, estate administration, trusts, Court of Protection and tax planning. He is a member of the Society of Trust and Estate Practitioners.

UANI Calls on London Bullion Market Association and Istanbul Gold Exchange to Take Action to Stop Iran’s Trade for Turkish Gold

The trade of Turkish gold for Iranian crude oil is enabling the Iranian regime to evade sanctions

IMA: UK is leading the way on Fatca

Looking ahead, tax evasion is likely to be given increased prominence by most governments

Cantor & Webb P.A. Shortlisted for Prestigious Industry Award

The PAM Awards are designed for investment professionals, wealth advisors and legal advisors operating within the private asset management and/or legal industry.

£5.2bn 'lost yearly in tax evasion

The charity claims tax dodgers are costing the UK nearly £200 per household at a time

U.S. Is Preparing More Tax-Evasion Cases

The U.S. is expanding its crackdown of offshore tax evasion

UK Gets £340m from Swiss Government on Tax Evasion Deal

The country has been under pressure from the US, UK and Germany to clean up its private banking system for the past few years.

US pushes for criminal charges for RBS over Libor

The financial penalty is expected to be around £500m, the report said, with the settlement coming within weeks.

UBS Told by U.S. Judge to Give IRS Data on Wegelin

Those records will allow U.S. authorities to determine who held assets at Wegelin

Private Client Group transfers more than $1.2 billion in assets

Under the laws in place in 2012, an individual could transfer up to $5.12 million free of estate and gift tax

FSA bans fund manager and two traders for market abuse

The FSA has banned a Swiss fund manager and two traders for market abuse and hit them with fines totalling more than £1.5m.

Credit Suisse could owe $2 billion in National Century fraud: judge

Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility.

Former Global Wealth Management Firm Employee Arrested on Insider Trading Charges

An employee of a global wealth management firm (identified only as “Brokerage Firm A”) was arrested at his home this morning on insider trading charges related to Gilead Sciences Inc.’s $11 billion acquisition of New Jersey-based Pharmas

Bank probes find manipulation in Singapore's offshore FX market

The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny and spurs both regulators and institutions to reconsider how certain key interest and currency rates are set.

Italy police catch 56 bn euros in tax evasion in 2012

Police also honed in on those using fake companies in tax havens to evade paying their dues

Deutsche Bank’s Jain Sickened by Libor Manipulation Scandal

Regulators from Canada to Switzerland are investigating whether more than a dozen banks, including Deutsche Bank, were colluding to rig the rate.

Barclays workers denied anonymity in Libor lawsuit

Guardian Care Homes is suing the bank for £38m for misselling complex interest rate derivatives.

Hungary puts pressure on Swiss banks to tax offshore funds

International agreements also stipulated that in exchange for anonymity the account holders

Legal,Regulation,Tax & Compliance