Managers of Wealth

How the FinCen Papers provide an opportunity to improve the Suspicious Activity Report (SARs) regime

Buzzfeed has had these SARs for over a year.

OECD/G20 Inclusive Framework on BEPS shows progress in implementing tax transparency through Action 13 Country-by-Country reporting

This is to ensure a timely and consistent implementation across the world, which is key to the success of CbC reporting.

EU-US Privacy Shield declared invalid – what's next?

To ensure transatlantic data flows between the EU and the US following this annulment, the EU Commission and the US government reached a new political agreement on the subject, following which the Privacy Shield decision was adopted in July 2016.

Julius Baer must pay around 150 mln sfr to Germany - court rules

The matter is related to unauthorised withdrawals between 1990 and 1992 from a Cantrade account of a foreign trade company established in East Germany.

Ray Dalio’s $100 million education charity hit with abuse of wealth and power lawsuit

Controversy is swirling around the arm that is managing Dalio’s $100 million donation

FINMA reprimands Swiss private Bank

In the course of these proceedings FINMA found that the bank did not make sufficient efforts to investigate the substantial growth in the client’s assets.

Charting an estate planning course in uncertain political waters

The Democratic Party has made very clear that if it had unfettered control, taxes on property transferred by gift or death would rise.

With money laundering red flags going up, football clubs may have to step up

A Europol report on money laundering recently identified football as a money laundering paradise for organised crime networks

SIX unveils tax tool for wealth managers

SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.

FCA launches consultation on the regulation of international firms

The FCA expects a firm seeking authorisation to have an active place of business in the UK to enable us to effectively supervise its UK activities.

FCA: Speech by Marc Teasdale on drivers of culture and role of purpose and governance

Truly safe cultures support that diversity with an approach to inclusion that enables employees to bring their whole selves to work, and that creates a safe environment for people to present differing views, challenge accepted norms, and even call out whe

Adapting English law for the digital revolution

The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.

Britain Plans Law to Safeguard City of London's Global Standing

The reference to world leading prudential standards will reassure regulators in Britain who have cautioned about being given a formal remit to maintain the competitiveness of London as a global financial centre when writing new rules, fearing it would wea

Legal,Regulation,Tax & Compliance

How the FinCen Papers provide an opportunity to improve the Suspicious Activity Report (SARs) regime

OECD/G20 Inclusive Framework on BEPS shows progress in implementing tax transparency through Action 13 Country-by-Country reporting

EU-US Privacy Shield declared invalid – what's next?

Julius Baer must pay around 150 mln sfr to Germany - court rules

Ray Dalio’s $100 million education charity hit with abuse of wealth and power lawsuit

FINMA reprimands Swiss private Bank

Charting an estate planning course in uncertain political waters

With money laundering red flags going up, football clubs may have to step up

SIX unveils tax tool for wealth managers

FCA launches consultation on the regulation of international firms

FCA: Speech by Marc Teasdale on drivers of culture and role of purpose and governance

Adapting English law for the digital revolution

Britain Plans Law to Safeguard City of London's Global Standing

Inside scandal-rocked Danske Estonia and the shell-company ‘factories’ that served it

From LIBOR to SONIA: a bridge to the future by Andrew Hauser

Surge in South Africans weighing up options to leave the country

HSBC fund chief on re-energising a business in the Covid era

Offshore Millionaires Become Target of Argentina’s Wealth Tax

Oppenheimer Announces Pricing of Senior Secured Notes Offering

CaixaBank and Bankia Boards of Directors approve merger plan to create Spain’s leading bank