Managers of Wealth

Chambers UK 2020 Guide confirm leading status for Appleby Isle of Man

Released on Thursday 10 October, the Chambers UK Guide 2020 ranks Appleby’s Isle of Man office as Band 1

SJP ‘not in talks’ with FCA about charging structure

The call, leaked to the Sunday Times, suggested SJP managing director Ian Gascoigne expressed concerns that the FCA would likely want to examine the firm’s use of early withdrawal charges further.

SIX signs memorandum with Shenzen Stock Exchange

SIX CEO Jos Dijsselhof said: ‘I am excited that the Shenzhen Stock Exchange and SIX will work together to further internationalise our respective securities markets."

Deutsche Bank board member faces likely veto by regulators

ECB and BaFin raise conflict of interest concerns over Jürg Zeltner’s other job as KBL chief

S&W begins process of recovering £1bn from failed DFM

Reyker provided custody and dealing services to around 15,000 retail and institutional clients.

Anti-money laundering: Dos and Don'ts

In short, AMLRs require financial services providers (FSPs) engaging in relevant financial business to establish systems to detect things like money laundering and terrorist financing.

Finma adds new firm to warning list

The regulator’s list includes companies that may be carrying out unauthorised or unsupervised wealth management and banking services.

Bern Taps Banks on Foreign Policy

The surprising conclusion comes as Bern cultivates closer ties to Switzerland's finance industry; the banking lobby's CEO is the former top Swiss finance diplomat, Joerg Gasser.

Swiss banking secrecy unravels one year after it officially ended

It is estimated by the Swiss National Bank that India deposits account for 0.07% of the total aggregate foreign client funds held with Switzerland-based banks.

Bank of the West partners OpenInvest on personalised investing

OpenInvest's technology will enable BancWest Investment Services to generate customized investment portfolios tailored to each individual client's values at a granular level

OECD leading multilateral efforts to address tax challenges from digitalisation of the economy

The new OECD proposal brings together common elements of three competing proposals from member countries

Sohar International and EFG International ink pact

EFG International operates in around 40 locations worldwide, with a network spanning Europe, Asia Pacific, the Americas and the Middle East.

Pressure mounts on Jupiter's Davies as he faces trust sacking

The board's move shines the spotlight on the equally torrid run of performance Davies is enduring on the much larger Jupiter UK Growth open-ended fund, run along the same lines.

India gets first tranche of Swiss account details

Data will be useful to establish strong prosecution case against those with unaccounted wealth in form of investment in securities or other assets

Over 130,000 high net-worth individuals served tax notices

The incumbent government has been successful in broadening the tax base during the its first year in the office, as data showed that around 783,039 new taxpayers filed returns with the tax department as a result of various schemes, including a tax amnesty

Legal,Regulation,Tax & Compliance