08/24/2013
France cannot take any more taxes, government admits
The French are about to discover stinging rises in tax bills in their letter boxes
Tax
08/22/2013
UK trio lead as Baker Tilly acquires accountancy rival in pre-pack deal
Baker Tilly turned to Stephenson Harwood for advice on the deal
08/22/2013
FATCA - Registration Portal Opened
Broadly speaking, FATCA imposes a 30% withholding on payments of US source investment income to non-US entity payees absent a certification from such payees as to the identity of their US owners or accountholders, if any.
08/22/2013
UBS gives German tax cheats until end-2014 to own up
In April it would terminate business relations with German clients by the end of this year
08/22/2013
Christie's sued for failure to protect art collection
Legendary British auction house Christie's will have to clear its name in a New York court after a lawsuit accused
08/21/2013
New private client partner joins law firm Macfarlanes
He joins from Russell-Cooke where he has been a partner since 2009, having previously trained at Macfarlanes, qualifying in 2002.
08/21/2013
Investigation shows Bloomberg used private client data
We did not fully appreciate how expectations of us have evolved
08/21/2013
U.S. looks to turn the screw in Swiss banks talks
The United States is pushing Switzerland for a deal to settle a long-running dispute over banks that shelter tax evaders,
08/21/2013
Julius Baer Client Data Thief Sentenced
A former contract worker at Julius Baer Group AG received a partially suspended three-year prison sentence on Thursday after being found guilty of stealing and selling information about the Swiss bank's clients
08/21/2013
Rich hedge fund manager to pay wealth 'tax' on basement extension
Hedge fund manager Reade Griffith has been ordered to pay out more than £800,000 to Kensington council
08/20/2013
Top private client lawyers set for first Hong Kong Private Client Forum
Asia's leading private client lawyers are set to gather at The Mira Hong Kong Hotel next month to debate the challenges facing Greater China's high net worth community at Legal Week's inaugural Hong Kong Private Client Forum.
08/20/2013
China to Join Global Fight Against Tax Evasion: OECD
hina is set to join a group of 50 developed and developing countries in the fight against tax evasion
08/19/2013
Italy deploys computer robot against tax cheats
Italy has one of Europe’s biggest grey economies and highest levels of cash transactions, making tax evasion a constant problem despite repeated crackdowns.
08/19/2013
SEC charges ex-Oppenheimer fund manager with misleading investors
The company earlier this year agreed to settle related charges with the SEC and pay $2.8 million.
08/18/2013
More investment in data governance needed in asset and wealth management - Study
More investment in data governance is needed in companies specialising in asset and wealth management
08/18/2013
DFMs criticised for not submitting performance data
Aj Somal, certified financial planner at Aurora Financial Planning, said some discretionary managers were shown “in a bad light” by not submitting comparative performance data.
08/18/2013
Billionaire banned from financial sector for five years
While the ban would put at least a temporary end to Falcone's hedge fund career, the consent order detailing the agreement does not say Falcone is barred from being a director or officer of a public company.
08/17/2013
HMRC Change QROPS Reporting System
There was industry concern that any changes brought in would adversely affect the industry
08/15/2013
FCA writes to 11 groups as it launches fund charge probe
They will range from global asset managers to boutiques
08/15/2013
Swiss Lawyer’s Guilty Plea Discloses Help in U.S. Tax Probe (3)
Paltzer is cooperating with U.S. authorities in their broader investigation of how foreign banks and advisers helped American clients evade taxes, his lawyer,Thomas Ostrander, said.