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The week on eprivateclient: Paradise Papers, Equiom, Withers and more...
13/11/2017 , Will Sidery,

A look at the top stories on eprivateclient this week…

Monday

In a week dominated by the story, the first details of the ‘Paradise Papers’ are revealed over the weekend of 4-5 November following an investigation by the International Consortium of Investigative Journalists (ICIJ) and its media partners that looked into 13.4 million leaked files from a combination of data filched from offshore law firms and the company registries in a number of countries

International law firm Withers hires Neasa Coen as special counsel in its London charity and philanthropy team. Ms Coen joins Withers from Berwin Leighton Paisner, where she led charities work as associate director in the charity law group

Tuesday

As the scandal over the ‘Paradise Papers’ rumbles on Formula 1 world champion Lewis Hamilton and global popstar and do-gooder Bono are the latest high profile names to be named as part of the ‘Paradise Papers’ joining the Queen and Prince Charles

A new 'must have' is growing in popularity among the super wealthy with demand for luxury bunkers soaring, according to America-based company Atlas Survival Shelters, which predicts that it will build about 1,000 in the next 12 months whilst at the same time  family offices are buying ‘apocalypse insurance’…

Wednesday

2017 eprivateclient Top Accountancy Firm Blick Rothenberg warns that the ‘Paradise Papers’ information leak will provide HMRC and other global jurisdictions with further ammunition in their on-going war against offshore tax evasion

Irwin Mitchell Private Wealth recruits two partners to its growing wills, trusts and estates disputes team in its London and Leeds offices making the national team one of the largest specialist teams in the UK

Thursday

The UK Labour Party is left red-faced following allegations that two Labour councils avoided £12 million in tax when purchasing properties using offshore companies.

Trust and corporate services provider NWH Global, formerly Newhaven, appoints Charlotte Denton as global chief executive. Previously, Ms Denton served as head of client servicing, global family and private investment offices group at Northern Trust (formerly Barings)

Friday

2017 eprivateclient Top Trust Company Equiom appoints Sarah Weir as managing director for Equiom Scotland. Ms Weir previously held the role of finance director and head of operations before being promoted to managing director, a position which became available when the interim managing director, Stevie Christian, returned to his principal role of head of integration – Europe

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