Managers of Wealth Offshore

BRICS countries agreed to cooperate in tax policy areas

BRICS heads of revenue discussed issues of mutual concern in tax administration

Malaysia campaigners tackle Swiss banks

The rainforest advocacy group Bruno Manser Fund (BMF) has filed a complaint to the Swiss attorney general’s office against four banks – UBS, Edmond de Rothschild, Pictet and Deutsche Bank – for their dealings with the Malaysian Taib clan

Hungary to tax offshore wealth, ask for Swiss help

He said the central European country will ask Switzerland first to disclose all data pertaining to bank accounts of Hungarian citizens in Swiss banks.

Foreign Banks Rejoice: Overreaching U.S. Tax Law in Trouble

The penalty of not complying with FATCA will be that the institutions need to impose a 30% tax on non-compliant transfers or payments.

Barclays bankers' Libor anonymity 'implausible'

The suggestion that any 'publication’ through these proceedings would jeopardise an individuals

HMRC doubles team tackling tax avoidance by the wealthy

Exchequer Secretary David Gauke says: ““HMRC set up the new Affluent Team from some of the £917m made available in 2010.

Barclays panel delayed as bank moves away from biennial reviews

Barclays has delayed its panel review planned for this summer by 12 months as the banking giant embarks on a plan to scrap its practice of reassessing law firm rosters on a two-yearly basis.

Axa Wealth reveals RDR advice charges for bancassurance arm

Axa says there is “currently no charge” for ongoing service, though a spokeswoman says this will be kept under review.

The case of Patricia Cornwell’s missing millions

The notoriously private author Patricia Cornwell, a titan of crime fiction, watched in court on Monday as her luxurious lifestyle was laid bare like the resolution to one of her plots.

UK court orders extradition of Credit Suisse exec

Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval.

UK finance job sackings and suspensions at five-year high

The number of financial services staff sacked or suspended in Britain last year

HMRC: taxman increasingly 'snooping' on taxpayers

The taxman is increasingly snooping on the private lives of taxpayers, with officials accessing thousands of pieces of personal information over the past year, it emerged today.

Japan Considers Tax Increases For Wealthy

It is hoped that the spending package will boost Japanese economic growth

Austria To Agree Swiss-Style Tax Deal With Liechtenstein

The bilateral tax accord between Austria and Liechtenstein

Former JP Morgan banker to appeal £450,000 by FSA

Ian Hannam, the former JP Morgan banker, is to appeal his £450,000 fine

Law firm announces investigation of Duff & Phelps

Duff & Phelps shareholders will receive only $15.55 in cash for each Duff & Phelps stock they own

Swiss Banks Welcome Rejection of Germany Tax Accord, Study Shows

Banks will be able “to avoid the costs of implementation and the resulting immediate outflow of client assets.”

Raymond James Wrongful Discharge Case Is A Minefield For Stockbroker

The FINRA Arbitration Panel dismissed Claimant Pavlovich’s claims.

Spain to Apply 21% Value-Added Tax on Fund-Management Fees

The resolution by the Direccion General de Tributos, the tax agency under the Budget Ministry, was dated Jan. 2. That will be its effective date, Bravo said.

The FATCA Model 2 Intergovernmental Agreement

The Model 2 IGA calls for direct foreign financial institution (FFI) reporting to the IRS but with aggregate disclosure of "recalcitrant" account holder data, subject to exchange of information requests by the IRS.