Managers of Wealth

World growth under tariffs

This environment also increases the risk of recession in all countries, including the US.

Should the UK have a wealth tax on Britain's richest people?

Supporters of a wealth tax say it will raise billions for vital services, but critics argue it will be a nightmare for HMRC. What do you think?

UK’s FCA proposes overhaul of alternative asset management regime

The proposed changes seek to ease market entry, boost growth, enhance competition, and foster innovation in the sector.

Deutsche Bank-owned asset manager DWS fined $27 million for 'greenwashing'

Deutsche Bank-owned DWS had publicly claimed that it was a "leader" in environmental, social and governance (ESG) investing, and that ESG was an integral part of its DNA.

UK’s budget underlines economic policy constraints

UK’s outlook contrasts with recent German fiscal ambition, and leaves the UK limited room to respond to a rapidly changing global outlook

Benchmark’s top 10 tips for tax year-end

Taxpayers can adopt several simple strategies to preserve and grow their wealth, and seeking financial advice can be an invaluable resource for providing peace of mind while helping people to achieve their goals and prepare for all scenarios.

Travers Smith advises Brooks Macdonald on its move from AIM the Main Market

The company's broad and diverse product range means that clients have solutions made just for them, allowing Brooks Macdonald to support clients throughout their entire lives as needs and circumstances change.

FINMA adapts its organisation to meet future challenges

The Swiss Financial Market Supervisory Authority FINMA has announced an adjustment to its organisation. It is creating a new cross-divisional function for “Integrated Risk Expertise” and merging the “Markets” and “Asset Manag

Zurich property boutique obtains Finma licence

Seraina Invest has picked up its Finma licence as it sets its sights on launching new real estate funds.

Three ways to improve current sentiment for AIM

Consequently, UK stocks listed on AIM will now have a 20% inheritance tax applied to them, as part of measures aimed at raising up to £2bn.

BlackRock drops sustainability-related terms from 56 funds ahead of ESMA deadline

Fellow US manager Federated Hermes also adjusts names, exclusions for ESG, SDG and biodiversity funds.

Swiss Banks Caught in Crossfire as Spain Intensifies Tax Scrutiny

Relocating to Spain can be highly lucrative for professionals due to tax advantages.

FCA bans and fines Crispin Odey £1.8m

The founder of Odey Asset Management has been fined and banned for showing ‘reckless disregard’ for governance.

Former B. Riley wealth platform head launches RIA

Thomas Kowalczyk has stood up Steadtrust LLC, a Dallas-area RIA.

UBS Receives Approval for Restructuring in China

The China Securities Regulatory Commission has approved the sale of a 36.01 percent stake to Beijing State-owned Assets Management.

ASIC bans former director of Suetonius Wealth Management

Additionally, ASIC determined that Mr Surtenich lacked the necessary judgement and competence to be a financial adviser.

FINMA provides information on the status of licences issued to portfolio managers and trustees

The new licensing requirements, which must be complied with at all times, primarily serve to protect investors from unfair business practices and to strengthen the reputation of the Swiss financial centre.

Saffery Trust Associate Director receives STEP Founder’s Award for Outstanding Achievement

In 2023, under Matthew’s leadership, Guernsey became the first jurisdiction globally to launch STEP NextGen, followed by the Cayman Islands STEP NextGen initiative, which is sponsored by Saffery Trust.

BaFin imposes heavy fine on Deutsche Bank

Deutsche Bank had violated organizational obligations under the Securities Trading Act in connection with the sale of currency derivatives in Spain.

FinTech start-up SWISS4.0 SA in liquidation

FINMA has engaged Valfor Avocats Sàrl as the bankruptcy liquidator.

Legal,Regulation,Tax & Compliance