Managers of Wealth Americas

Long Island bank director is ousted amid lawsuit against rival

According to one source familiar with vote, the elder Sapanski fell out of favor with Puorro and his team after his son’s defection and Pun’s move against the bank last month.

Corporate Crime update - Herbert Smith Freehills

Our update now covers a number of jurisdictions.

Oil Is Now More Volatile Than Bitcoin

Bitcoin and most cryptocurrencies are synonymous with extreme bouts of volatility.

Raymond James launches WealthMAP to help attract and retain new financial advisers

The two-year program will help those interested in advice earn Series 7 and Series 66 licensing while learning financial planning skills

Ex-Citi Broker Stuck Arbitrating After High Court Declines Case

Daly lost her job after she reported insider trading attempts to Citi lawyers and upper management

IRS increasing compliance visits for HNW clients, businesses

The IRS will be identifying other non-compliant individuals throughout the year and adding cases as they find them, he said.

American demands of European banks now cause them to suffer

When a European bank is faced with a suspicion of money laundering from American authorities, then it at once finds itself excommunicated from the global financial network, and no other institutions will risk dealing with the possible perpetrator.

Global Biglaw Firm To Launch Worldwide Cannabis Law Practice

DLA Piper has also been advising on the changing regulatory environment across the globe, helping clients understand different legislative regimes by providing a regulatory snapshot of the changing landscape.

Turn Regulation Best Interest into a Value Proposition

Recasting regulatory obligations as cultural commitments

World Bank Grapples With Study Linking Foreign Aid to Corruption

The article was then published hours later, by the World Bank, he explained, also confirming this through screenshots he shared with OCCRP.

US and EU meet to discuss impact of Fatca

Following a letter from the bloc about concerns over how the legislation affects Europeans

New Fine Rates for False Claims Act Whistleblower Cases

These penalties can often run into the millions of dollars and are payable regardless of the amount of actual damages caused by the fraud.

Democrats introduce bill to force corporations to disclose tax havens

The legislation aims to show which multinationals are avoiding their corporate taxes, and give investors information about the risks taken by the companies.

Wells Fargo to pay US $3 billion for phony-account scandal

Settlement includes agreement with DOJ resolving criminal investigation

Canada mulls publicly accessible beneficial ownership registry

Under the consultation, this would be extended to a publicly accessible registry or registries: either a single, centralized registry, or a network of provincial and territorial registries accessible through a single portal.

Franklin Templeton to acquire Legg Mason in all-cash deal of $4.5bn

In addition, the combined platform creates a strong separately managed account business.

Tulsa man charged with defrauding banks, investors of $5M

Among the phony assets were life insurance policies that Mulder represented to have been worth hundreds of thousands of dollars.

American Bar Association Wants Protections For Marijuana Banking And Lawyers Working With Cannabis Clients

A bill that would accomplish this goal was approved by the House of Representatives last year

IRS urged to offer more cryptocurrency guidance

The IRS has seen the need for taxpayers to report on their crypto trades and holdings

Delaware issues 56 captive licenses in 2019

The state government will therefore be delighted to see Delaware’s captive population increase.

Legal, Regulation & Compliance