- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

IMA: UK is leading the way on Fatca

Looking ahead, tax evasion is likely to be given increased prominence by most governments

£5.2bn 'lost yearly in tax evasion

The charity claims tax dodgers are costing the UK nearly £200 per household at a time

Little guys are easier to get than top bankers, FSA enforcers admits

It is easier to get the little guys than top executives, Tracey McDermott, head of enforcement at the Financial Services Authority, has admitted.

Ashurst's former Spanish corporate head set to leave firm

Before Almoguera joined Ashurst, the firm’s Madrid office was mostly focused on servicing its international clients and not domestic Spanish clients.

Madoff victim sues French bank over losses

A former French air stewardess took bank Societe Generale to court on Wednesday demanding it reimburse and compensate her

Elderly heiress Pleads Guilty to Offshore Tax Evasion

An elderly heiress and charity benefactor pleaded guilty in a Florida courtroom

Linklaters boosts litigation with Herbert Smith hire

The disputes specialist will join Linklaters as a partner.

Warning over FSA crackdown on risk-rated funds

Software firm says advisers need to demonstrate funds have suitable risk rating and they cannot rely on third party providers.

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.

UK gives firms an extra year to comply with AIFMD

New rules take effect on 22 July this year.

Tribunal upholds FSA decision to fine firm £8m for market abuse

We are pleased that the Tribunal has upheld the FSA’s decision

French rogue trader handed €315 million fine

Alcatel losses 'worse than expected'

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.

Sacked Deutsche Bank trader loses £34m bonuses over Libor scandal

Christian Bittar is believed to have received some of biggest bonuses ever awarded by German bank

FSA under pressure to 'water down' mis-selling findings

Factions within the Treasury want the Financial Services Authority to “water down” the findings of a review of banks’ mis-selling of complex financial products to small businesses.

Goldman Sachs chief attacks David Cameron on tax avoidance

Goldman Sachs boss Lloyd Blankfein has hit out at David Cameron’s anti-tax avoidance campaign, warning that criticising people for their tax arrangements risks “criminalising every right-thinking person who organises his or her affairs in a se

Get FATCA Right Or Pay Up, Warns HMRC

The UK was one of the first countries to sign up to the Foreign Account Tax Compliance Act

Freshfields and Linklaters emerge as top financial services advisers

Linklaters and Freshfields Bruckhaus Deringer have emerged as the top legal advisers

The Global Forum on Tax Transparency welcomes Romania as new member

“We are delighted to welcome Romania as a new Global Forum member”

FSA Libor probe of ICAP intensifies

The newspaper also reported ICAP has been under formal investigation since at least March 2012

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