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

Societe Generale CEO Defends Panama Link in French Senate

The CEO was questioned for two hours in Paris over the bank’s business links with law firm Mossack Fonseca & Co.

Gibraltar’s tax officials probe Panama Papers

The International Consortium of Investigative Journalists published in searchable format information on over 300,000 offshore entities.

Candy brothers may have paid almost no UK tax on £27m land deal

Panama Papers leak shows property tycoons bought and sold Parkwood estate near Windsor using offshore companies

Credit Agricole says wealth arm no longer managing offshore structures

The Le Monde report suggested Credit Agricole had 54 active offshore companies in Panama, set up via Mossack Fonseca, as of end-2015.

French senator says no grounds to pursue SocGen CEO for misleading parliament

I think I asked very precise questions," Dominati said, referring to when he was chairman of a Senate inquiry committee into the matter.

Offshore Finance Centres 'More Transparent Than UK'

New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists, in a push to close down tax havens.

What would a world without tax havens look like? George Bull

More a case of ‘be careful what you wish for’?

JFSC action taken re Mossack Fonseca

The level of attention globally generated by the Panama Papers matter, linked to further anticipated public disclosures covering worldwide financial dealings over the coming days, suggest that the authorities in Jersey should be as well prepared as possib

Commerzbank Sent Interim Trades Report to German Tax Authorities

Germany’s government is looking at allegations that banks used a scheme to let clients reduce capital-gains tax by exploiting a legal loophole.

The UK should clamp down on tax havens as there are no justification for them

The economists are urging the government to lift the secrecy over the ownership of companies and trusts.

Here's what 300 top economists told the UK about tax havens

The UK has sovereignty over around a third of the world's tax havens such as the British Virgin Islands, the economists say.

Iceland’s First Lady speaks out on offshore speculation

I have never had a bank account with HSBC nor have I been a client of that bank

Italy PM Renzi's ally, Tiscali head, convicted of tax evasion

Renzi has been under growing pressure in recent months over scandals involving his government and members of the PD.

Bank of mum and dad - a road paved with good intentions by George Bull

As has been well reported, the Centre for Economics and Business Research suggests that the 'bank of mum and dad' will account for around £5bn of lending to children buying property, making them a top 10 lender.

How world's big money sails to offshore investment hubs: UN report nails Panama model

The leaks from the database of world’s fourth biggest offshore law firm, Mossack Fonseca, shows that it acts for about 300,000 companies spread across the world.

HMRC poised for further high net worth tax crack down

HMRC needs to ensure it makes use of some of its new and more contentious tools in a reasonable way - and focuses on activity which constitutes real abuse.

Iceland’s First Lady Linked to Tax Havens, Documents Reveal

Previously unreported papers—part of a leak from HSBC’s private bank in Geneva—known as the Swiss Leaks reportedly show how Moussaieff had links to offshore companies and to trusts registered outside the UK.

Tax man seeks £14m from collapsed Costa Rican scheme

HM Revenue & Customs is looking to claim money from 'ethical' investment companies that entered liquidation earlier this year.

Panama Papers create a golden opportunity for UK fund houses

Onshore might be about to become de rigueur, and the UK stacks up rather well, says Andrew McNally

Oil and gas sector under threat from international tax evasion rules

Businesses that overlook this new regime and fail to comply could suffer major penalties or time-draining investigations by HMRC and other national tax authorities.