Managers of Wealth

He flaunted private jets and luxury cars on Instagram. Feds used his posts to link him to alleged cyber crimes

By Faith Karimi, CNN Ramon Abbas flaunted a lavish lifestyle of private jets, designer clothes and luxury cars.

Marktplace and online platforms: new rules from the EU

The focus of the new regulation is the relationship between business users and online intermediation services (marketplaces) and search engines.

Kobre & Kim, Robin Rathmell Receive Chambers Recognition for Financial Crime Involving HNWI’s

Of the firm’s services, one commentator told Chambers: “I have never seen such high-level work, strategic thinking and speed in a law firm.”

FCA targets scammers using Trump Building to clone Swiss AM

UK regulator issues warning to investors over unauthorised activities emanating from the US.

Monaco Yacht Show has been cancelled

30th Anniversary of Monaco Yacht Show now confirmed for September 2021.

Pictet partner declares bank’s support for Collardi

In the interview, de Planta also told the NZZaS that Pictet wants 15-20% of its customers to come from Asia by the end of this decade, a significant increase from its current amount of 10%.

£1.5m legal bill forces rethink over McMafia wealth orders

The orders were the key measure in the Criminal Finances Act

Art Dealing Dynasty Heir Sues Auction House For Reneging On A Deal

The lawsuit offers a window into the many backroom negotiations that take place before an auction in which clients commit to placing a bid on a work in advance, and may receive a favorable deal on their own consignment in return.

Silver to become the new gold – Credit Suisse

The Gold/Silver ratio is also back pressuring price and retracement support, beneath which would suggest silver can extend its current outperformance.

Carey Olsen leads offshore firms in Chambers High Net Worth 2020

In total, 10 of the firm's lawyers from across its Bermuda, Cayman Islands, Guernsey and Jersey offices have been recognised by the independent legal directory

HMRC reports £31bn in unpaid tax

It blames evaders, but businesses and individuals responsible for most of the missing cash

Ireland introduces central beneficial ownership register for some investment funds

The regulations for funds follow the introduction of a Central Register of Beneficial Ownership (CRBO) for companies last year, with this register overseen by the Companies Registration Office.

Morning Coffee: Credit Suisse might cut two whole divisions. The most horrifying banking roadshow ever

Conversely, creating an even stronger fortress Switzerland would also send a message about strategic and geopolitical priorities.

The Role of a Protector

A protector must comply with the express terms of the power. She cannot act outside of her powers; if she does, the action will be void.

The Offshore Litigator's Perspective

That is, at least until enabling legislation is passed to rectify the position. We also analyse the latest guidance on recoverability of overseas lawyers' costs, including a determination that the fees of in-house counsel can be recovered.

Asset, Aviation and Real Estate Financing Trends

Offshore Perspective from a Guernsey Banking Lawyer

Merrill Fires Multi-Million-Dollar UHNW Pair for Cheating

His partner, Christopher R. Berry, was let go for the same training violations, according to the summary of his discharge.

Russian Billionaire Loses Appeal In Feud With Swiss Art Dealer

The battle has been playing out over the past five years in courts across Europe as well as New York and Singapore.

Dutch court to question ING and ex-CEO Hamers in money laundering case

But a group of disgruntled investors felt justice had not been served and the court in The Hague had said it would take their demands into consideration.

How China’s Greater Bay Area wealth management connect could help millionaires move their money across borders

Cross-border banking partnerships seen as key to implementation

Legal,Regulation,Tax & Compliance