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

No crisis for French super-rich

The 500 richest people accounted for 16 percent of gross domestic product and 10 percent of the total financial assets of the French

OECD set to target tech giant tax evasion strategies

Corporate tax avoidance has become a hot political issue following public outrage over revelations in the past year

US Can’t Keep FATCA Promises, Claim Opponents

Campaigners lobbying against the US Foreign Account Tax Compliance Act

Swiss banking industry casts doubt on £3bn tax windfall for UK

He had been banking on it raising £3.2 billion this financial year—money already factored into the budget.

Vatican bank joins global 'fight against money laundering'

THE revelations of wrongdoing currently rocking the Vatican bank couldn't have come at a worse time for the Swiss-born anti-money laundering expert hired to lead the Holy See's push for greater financial transparency.

Germany strikes pact with U.S. to fight tax evasion

Britain, Denmark, Ireland and Mexico have struck such accords with the United States.

Senior UK banker arrested on suspicion of tax fraud: HMRC

A senior London-based bank executive has been arrested on suspicion of tax fraud

Tax haven Liechtenstein opens consulate in Hong Kong to boost ties

European tax haven wants to boost its presence in Asia as region's economic power grows

HSBC Whistleblower Hervé Falciani to Advise French Lawmakers on Fighting Tax Evasion

To help the country to draft new laws against tax evasion, despite being hunted down by Swiss authorities for allegedly breaching banking secrecy.

German Bundestag Backs US FATCA IGA

The bill provides the legal basis for transposition of the US Foreign Account Tax Compliance Act provisions into German law.

Tax evasion and occult financing find citizens, governments, even the Pope at odds

The Cahuzac scandal involving the French former budget minister and evidence he committed fiscal fraud remain a thorn in the president’s side

FATCA Compliance Still a Concern According to Northern Trust Survey of Asset Managers

The survey was conducted among 60 Northern Trust clients in Europe, Middle East and Africa attending a seminar on The Foreign Account Tax Compliance Act (FATCA) at Northern Trust's Canary Wharf offices.

UBS French unit hit with €10m fine

UBS and its French branch are being formally investigated for allegedly helping wealthy clients open undeclared bank accounts in Switzerland.

France Tweaks Wealth Tax Cap

The French Government has published an instruction stating that interest derived from euro fund life insurance policies,

HMRC confirms VAT exemption on discretionary transactional fees

It stated that VAT should not be levied on fees charged strictly on a transaction by transaction basis

Barclays under German taxman's gaze over tax credits - report

German tax authorities are investigating Barclays over the use of legal loopholes

Nigel Farage set up offshore fund to avoid tax: UKIP leader admits "it was mistake"

The UKIP leader paid a tax adviser to create a trust in the Isle of Man – which he intended to channel funds through

G8 summit: David Cameron hails landmark deal to rewrite global rules to stamp out tax evasion

The G8 leaders also backed a global push for automatic tax information sharing between countries.

OECD reports to G8 on global system of automatic exchange of tax information

The OECD has presented to G8 leaders the steps needed to create a fairer and more transparent global tax system.

In Luxembourg, No More Secrets

That characterization—which implies that Luxembourg is a place where individuals evade their responsibilities—is simply not representative of who we are as a country, or as a people.