Managers of Wealth Offshore

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.

Why France May Scrap Its Planned Millionaire Tax

Politically, though, resuscitating the tax may be more trouble than it’s worth.

Online investment sellers set to gain

These changes are intended to reduce the risk of commission payments acting as an incentive for mis-selling.

FSA bows out with record fines

FSA expected to disband in April

£5billion tax raid on British fortunes in Swiss banks... but we will never know identities of 'tax avoiders'

The actual number affected by the deal is unknown because Swiss banks are notoriously secretive about clients – but they are likely to include anyone from investment bankers to celebrities and criminals.

How Colombian drug traffickers used HSBC to launder money

It was one of the most important leads for U.S. investigators pursuing a case against the bank that eventually led to a $1.9 billion settlement on December 11.

FSA fails to crack down on bankers' pay

FSA staff have been holding back from launching enforcement cases and are instead opting for regular informal conversations with banks and brokers.