Ricardo Tosto has set the Standard in Brazil’s Law Profession

The Brazil Bar Association, known as the Order of Attorneys of Brazil, has been setting the standards for this sector since 1930. For a law graduate to practice in Brazil, he/she must be registered with this organization. Its membership was close to a million by 2013. With the rising number of lawyers joining this profession in Brazil, this number must have gone higher by now.

Two ultimate requirements for legal practitioners in Brazil are a law degree, and passing the bar examination. The bar exam takes place thrice annually, in March, August and in December. This exam consists of both a writing exam and a multiple choice exam. Once qualified, a lawyer can practice in several areas.

Ricardo Tosto is one of the lawyers who have certified the association’s requirements, and grown professionally into one of Brazil’s top lawyers. He works for Leite, Tosto & Barros Advocates, a company he co-founded, and is now one of the top team of law firms in Brazil. Ricardo Tosto practices in a number of areas such as banking contracts, administrative law, credit recovery and commercial law. His prowess goes beyond satisfying the two requirements for legal practitioners because he is fluent in Portuguese and English, thereby helping him serve even a larger population of the country. His clients range affluent personalities to government officials and corporations. He is a great lawyer and a big achiever when shaping the laws of the land of the Brazil. He has been on the front line fighting for good governance and law observance.

Outside the court room, Ricardo has worked as an advisor for a Brazilian company and also as the director of another company. He is a member of several international law organizations such as the International Bar Association, and part of the committee of the Institute for Management Development’s (IMD) alumni body in Brazil.

He is also a prolific writer whose pieces about law and politics have been on various publications in the country. He also uses his experience and excellence in Brazil’s law sector to impart knowledge through lectures. Ricardo has also chaired the judicial reform and judicial modernization committees of the Sao Paulo branch of the Brazilian Bar Association.

Geoffrey Cone An Attorney At Cone Marshall Offers Insight On New Zealand’s Foreign Trusts

Misleading media coverage about New Zealand’s trusts makes it seem as though New Zealand is a tax haven. Mr. Cone, an experienced corporate tax lawyer, responded to those misleading media reports. He described three characteristics of tax havens. They impose nil or nominal taxes; there is a lack of transparency and refusal to share financial information with other governments.

New Zealand does not meet any of those characteristics, therefore, is unlikely to feature as a tax haven anytime soon. In fact, New Zealand has demonstrated transparency in its handling of foreign trusts to help other governments who would be interested in that information. In 2006, new rules were put in place that requires trustees of foreign funds to provide relevant information about themselves as well as record every movement in the Fund’s account.

With 39 double tax agreements, New Zealand has minimum tax impediments in cross-border trade. These agreements also ensure minimum tax evasion in New Zealand. In addition to the double tax agreements, New Zealand has signed a multilateral Convention on Mutual Administrative Assistance in Tax Matters and partnered with over 20 countries to share tax information to curb tax evasion.

New Zealand has seen steady growth in the number of trusts being administered thanks to its positive global reputation as being a safe place to invest. Good governance, as well as high quality legal and professional infrastructure, have also contributed to the growth of foreign trusts. New Zealand’s service providers consist of qualified lawyers and financial advisors who operate foreign trusts on behalf of international clients. They are responsible for enhancing the country’s reputation among international taxation experts and in the OECD as well.

The rules and regulations imposed on New Zealand don’t allow competition with tax havens. When it comes to Foreign Trusts, New Zealand only competes with countries, which have similar transparent tax systems such as the UK, US, Singapore, etc.

About Cone Marshall

Cone Marshall is a registered law firm in New Zealand that deals with global families and their financial and legal advisors. Its managing partners Geoffrey Cone and Karen Marshall are two experienced advocates with over ten years in the craft. Cone Marshall provides consultancy services on New Zealand’s tax and trusts laws.

Cone Marshall is the only law firm in the entire New Zealand region to specialize exclusively in tax planning and international trusts. It provides trust management, administrative and trustee services via its affiliated companies. It offers its consulting services to family advisors, banks and other institutions based outside New Zealand to help with planning.

The Securities and Exchange Commission offers one of the Highest Awards to a Labaton Sucharow Client

Labaton Sucharow is a renowned law company that was the first to provide legal representation to the informants of the Securities and Exchange Commission after the creation of the SEC whistleblower representation program. One of the clients that the company represents was recently offered $17 Million Dollars by the SEC, after the information that he provided was useful in uncovering rogue undertakings in the financial industry. The reward was the second largest amount that the SEC had ever offered to its whistleblowers since 2010 when the protection program was formed. According to the law, the SEC informant is entitled to about 10 to 30 percent of the money that the commission will receive as penalties from the law breakers.

The SEC whistleblower provided the board with vital intelligence on the illegal operations of one of the key firms in the financial industry. The informant chose to use the representation of an attorney as a way of staying anonymous to evade employer blacklisting and harassment. The commission also helped in protecting the identity of the informant by not releasing information about the case that may lead to indirect recognition. The whistleblower representation practice of Labaton Sucharow is headed by Jordan A. Thomas who is also an attorney at the firm. He has ample experience in the industry, and he formerly worked at the SEC where he participated in the creation of the informant protection program. Mr. Thomas has been a representative in cases such as the where the first employee of a public company was rewarded by the SEC, and he also represented a whistleblower who had been harassed by an employer after offering information to the SEC.

This is by offering a monetary reward to its whistleblowers and also assuring them of job security. The Congress has ensured that there is always sufficient money to give to the whistleblowers by creating the Investor Protection Fund, which currently has over $400 million.

Labaton Sucharow law company was started 50 years ago, and the main clients that it has been serving are consumers who are caught up in complex securities litigations, enterprises, and institutional investors. It currently has the best whistleblower representations practice that is facilitated by a financial analyst, forensic analysts and an in-house team of investigators. The company is has been recognized by the Benchmark Litigation, The Legal 500, and Chambers and Partners for offering the best plaintiff representation.