Managers of Wealth Offshore

UBS Client Pleads Guilty in U.S. Tax Case in Florida

She "pleaded guilty and accepted full responsibility for her actions."

FSA sends letters to 6,000 advisers with incorrect firm details

The regulator says the content of the letter is the same for every firm but conceded many have received letters with incorrect details.

HMRC makes 640 requests from foreign gov’ts for tax info on individuals

“HMRC has begun investigations into thousands of individuals with overseas assets in the last few years, and will probably have picked off most of the low hanging fruit.”

HSBC N.J. Client Admits Conspiracy in Offshore Tax Case

HSBC’s Geneva-based private bank is one of at least 11 Swiss firms under investigation by U.S. prosecutors investigating offshore tax evasion.

UBS Client Pleads Guilty in U.S. Tax Case in Florida

“Mrs. Curran pleaded guilty today and accepted full responsibility for her actions, but there are a significant number of mitigating circumstances in this case,” one of her attorneys, Nathan Hochman, said yesterday.

US officials pledge to respect Swiss law on bank client data

The Alpine country is trying to preserve what is left of its cherished banking secrecy that suffered a severe blow in 2009 when UBS, the first Swiss bank that came under scrutiny in the US, was required to disclose client data.

Fitch: US global tax settlement best option for swiss banks

A global settlement has been pursued by the Swiss government since early 2012.

Rising star of family law made partner at Manches

In May 2012, she was nominated and shortlisted as Family Lawyer of the Year for the Spear’s Young Turk Awards which recognises outstanding individuals from new or less traditional private client firms.

Leading sets prepare for boom year in litigation as The Lawyer reveals 2013's top cases

Banking giants Barclays and Royal Bank of Scotland will both be in the High Court this year defending groundbreaking disputes.

Coutts Wins Bid to Throw Out Employment Claim by Whistle Blower

Judge Hilary Norris threw out the claim at a London employment tribunal today because Martin Woods never worked for the bank and a valid employment contract hadn’t been agreed on.

Convictions upheld in case of Chinese bankers who laundered money in Las Vegas

They were arrested in 2004.

FSA To Sweep Away New Bank Barriers

City regulator will hold a summit to help sweep away obstacles to development of swathe of new high street banks.

Liberal Democrats push for new wealth tax in the Budget

Senior Liberal Democrats are drawing up plans for a new wealth tax in this year’s Budget, claiming that the public have a “clear appetite” for such a levy.

U.S. Department of Justice pledges to respect Swiss law in tax probe

Swiss banking secrecy laws prevent banks from disclosing any information on the financial affairs of clients to third parties, unless there are sufficient grounds to suspect a crime has been committed.

Ten per cent discount in London’s billionaire row

They are among the world’s wealthiest people but they still know that every penny counts. So while the rest of us struggle to pay our bills, some billionaires are claiming ten per cent off their council tax.

Thomson Reuters Launches FATCA Compliance Solution

Combined Market Leading Content and Technology Reduces Regulatory Burden for Firms

Rothschild delivers ultimatum to senior Bumi director

Asking the scandal-hit firm to up its response against allegations of financial irregularity or consider quitting the board.

HMRC publishes Flickr gallery of 2012's 'top tax criminals'

Tax office posts pictures of 32 cheats, from cigarette smugglers to advisers working for rich clients

Swiss Bank Pleads Guilty to Tax Law Violations

“There is no excuse for wealthy Americans flouting their responsibilities as citizens of this great country to pay their taxes, and there is no excuse for foreign financial institutions helping them to do so.”

Luxembourg Improves Tax Transparency

The Luxembourg government has published a retrospective overview of the key decisions to improve tax transparency and cooperation in tax matters taken by the governing council in 2012.