Managers of Wealth Offshore

Former Credit Suisse banker arrested

"He was taken into police custody and extradition proceedings will commence at Westminster Magistrates Court tomorrow," a police spokesman said.

Adjustments to FSA’s liquidity and capital regime for UK banks and building societies

The Financial Policy Committee has today published the record of its meeting held on 14th September - alongside this the FSA has published more details of the adjustments made to the liquidity and capital regimes for UK banks and building societies.

Baker Tilly appoints new private client tax associate director

He most recently worked for specialist tax practices linked to the Lloyd’s insurance market.

Alexander to end contracts for tax evaders

“Taxpayers’ money should not be funding tax dodgers,” he told the Liberal Democrat conference. “So I have tasked HMRC and the Cabinet Office to come up with a workable solution to this problem and we will set out more details later

RBS Instant Messages Show Libor Rates Skewed for Traders

Royal Bank of Scotland Group Plc trader Tan Chi Min told colleagues the firm was able to move global interest rates, according to electronic messages the bank is trying to make secret.

Rajiv Goel Sentenced To Probation And Fines

The US federal court in New York on Monday sentenced him to two years of probation, a fine of $10,000 and ordered him to forfeit $266,000.

Tax taskforce will hunt rich targets abroad

‘Shady’ tax dodging millionaires who stash their wealth offshore will face a government crackdown, Vince Cable will say today.

Clegg outlines proposed tax changes

Nick Clegg pushes his wealth tax at the Liberal Democrats conference

Clegg Seeks More U.K. Tax on Unearned Wealth, Top-End Property

“I want to reward people who put in a proper shift, not those who sit on a fortune; people for whom a bonus means a few extra quid at Christmas, not a million-pound windfall,” Clegg said.

Make UK a tax haven to attract investment from millionaires, urges Tory treasurer

Lord Fink is director of investment firm ISAM, based in the Cayman Islands, a British overseas territory in the Caribbean.

FSA demands new legal powers after Libor manipulation scandal

The Financial Services Authority is proposing tough new powers to tackle banking malpractice in the wake of the Libor-rigging scandal.

Cirencester legal practice bolsters private client team

Managing partner Michael Grenfell said the move would support the firm’s expansion.

IMA publishes final fund fee disclosure guidance

The Investment Management Association (IMA) has issued industry guidance on enhanced disclosure of fund charges and transaction costs incurred by UK-authorised funds.

UBS ignored rules for profit, says "rogue trader" lawyer

Managers at Swiss bank UBS turned a blind eye when traders exceeded their agreed limits as long as the bank was making money from their deals, a lawyer for accused "rogue trader" Kweku Adoboli told a London court on Thursday.

Derivatives industry urges caution on Libor reform

Britain's Financial Services Authority is publishing its recommendations for legal changes to Libor on September 28.

FSA 'knew about Libor probe when approving Bob Diamond's promotion'

When the £290m fine for Libor-fixing was announced in June this year, Diamond was not found to be involved.

Planning for the AIFMD: are hedge fund managers fully prepared

The Directive’s requirements will be significant and its implications far-reaching for both EU hedge fund managers and (increasingly over time) non-EU hedge fund managers seeking to raise capital in Europe.

Bern To Vote On Expat Tax Deal

Under the current regime, special tax deals are available for wealthy immigrants to Switzerland

UBS was aware of Kweku Adoboli's billion-dollar trading problems six weeks prior to arrest

UBS was aware of a $3.6bn (£2.2bn) black hole in trading accounts produced by the alleged rogue trader Kweku Adoboli six weeks before he was arrested, a court heard.

Bankers accuse former boss of deceptive conduct

THE former chief executive of St George Bank, Paul Fegan, has appeared in Federal Court to answer claims he engaged in misleading and deceptive conduct while head of the bank in 2008, in the lead-up to the bank's merger with Westpac.