Managers of Wealth Offshore

Italy Joins Global Tax Evasion Crackdown

The Italian government has announced a major drive to clampdown on taxpayers who hide their assets offshore

HK regulator bans ex-Merrill Lynch Asia employee

The District Court found that, between September 2007 and February 2008, Hsu dishonestly effected a number of unauthorized transactions, fund transfers and loan draw downs in customer accounts that she handled during her employment with Merrill Lynch.

Final FATCA Regulations Released - Withers

The US Treasury Department has now released the long-anticipated final FATCA regulations, which build upon the foundation of the proposed regulations but contain some significant additions and modifications.

Darrois Villey trio joins French boutique trend

Villey said the trio had been considering the move for some time

Iceland Indicts Ex-Glitnir Bank Boss for Tax Evasion

He failed to declare capital-gains income, interest income and the proceeds of dividends, or 199 million kronur ($1.6 million) for the 2006 to 2008 tax years

Iceland Indicts Ex-Glitnir Bank Boss Armannsson for Tax Evasion

Armannsson failed to declare capital-gains income

Financial crisis fallout: Justice Department set to charge S&P

The suit, which could be filed as early as this week, would allege that S&P fraudulently rated mortgage bonds

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.

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.

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