Legal
2116 articles found
FSCS declares Dundee-based wealth manager in default
Chryson Wealth Management officially failed on 23 August
The wealthy ‘golden visa’ British expats oblivious to the inheritance tax threat
Those moving abroad must cut almost all ties with Britain to avoid a hefty death duty bill
‘Central banks cannot and will not lower interest rates’: Ihag CIO
Contrary to expected interest rate cuts within Europe and the US, Christoph Boner’s forecast for central banks is less optimistic.
CS debtor Sanjeev Gupta doesn't care that much about billions of details
Sanjeev Gupta doesn't study contracts that closely
MAS’ AML/CFT Inspections Put Wealth Management Firms on Notice
The inspections of wealth management FIs are part of MAS’ ongoing efforts to strengthen Singapore’s AML/CFT regime.
FINMA, CONSOB and Banca d’Italia sign cooperation agreement
This agreement establishes a formalised framework for cooperation and exchange of information between the three authorities
Basler Kantonalbank joins Amas after ‘significant’ expansion
It is the third cantonal bank to join the association this year.
UBS resolves RMBS matter with US Department of Justice
UBS has reached an agreement with the United States Department of Justice (DOJ)
UBS to pay $1.4bn to settle fraud claims from 2008 crisis
The bank had previously sought to have the case dismissed, saying prosecutors had not presented evidence of any intentional fraud.
Credit Suisse Shareholders File Suit in Zurich Court
More than 500 people are behind the lawsuit. Shareholders had suffered heavy losses when the bank was rescued by UBS in March.
New FCA rules create a challenge for wealth managers
New consumer duty regulations could bring significant upheaval