Managers of Wealth

Is ESG Ready To Take Center Stage In Portfolios?

As money continues to pour into sustainable funds and ETFs, many believe that share will rise to 50%.

Unpacking UK Tax reliefs – a series

Employees of a qualifying company do not qualify for IR. Directors also do not qualify, unless the director is unremunerated.

Pictet Wealth downplays US comments on Hong Kong

The wealth manager also believes that China’s imposition of a national security law will not degrade Hong Kong’s role as a regional financial hub.

Art World Wunderkind Arrested Months After Fleeing the U.S.

The spectacular rise and fall of Inigo Philbrick, a 33-year-old art dealer whose reported sales in one year exceeded $100 million, ended on a Pacific island.

Why Convicted Ex-UBS Employee May Be a No-Show at Swiss Appeal

Rene S. is appealing the convictions because there was a lack of hard evidence and has always asserted his innocence, said his lawyer Moritz Gall.

EU Commission roadmap on EU standards for green bonds

The Commission will summarise the input received in a synopsis report

For less than $400,000 you can now get Uruguay tax residency

Starting in July, foreigners who live at least 60 days a year in Uruguay and buy real estate valued above 3.5 million inflation-linked UI -- currently equivalent to $378,000 -- will qualify for tax residency.

Coronavirus, furloughing staff and making redundancies: further FAQs for UK employers

Some employers are questioning whether they can, or should, make redundancies now, and whether they can start redundancy processes in relation to employees who have been furloughed.

Beyond the textbook: lateral thinking in complex blessing applications

It was an unusual and interesting case, which raised various difficulties for the trustee, including in relation to the sheer size of the trust fund

Unlocking new value with tax innovation - Deloitte

Driving tax function effectiveness with technology and talent

Guernsey launches fast track applications for fund managers to migrate to the island

The new regime has resulted in the publication of a revised Form FTL and where a migration of the manager is involved the new Form FTLM.

Ten day fast track regime boosts Guernsey's appeal to migrating fund managers by Kate Storey

The fast-tracking would apply for either a general partner of a non-Guernsey limited partnership, or a standalone manager wishing to move domicile to Guernsey.

Australia: Significant changes to foreign investment laws proposed

Exposure draft legislation is expected to be released for consultation in July 2020

DAC6 reporting obligation deferred by 6 months

The 3-month deferral for DAC2 initially proposed by the European Commission on 8 May 2020, is maintained.

IFA jailed for four years over £300,000 fraud

He stole money from employer and clients to fund gambling addiction

Cyprus tightens rules for passport-for-cash scheme

The new rules will come into force after parliamentary approval.

Secret HMRC Unit Targets Wealthy Families

HMRC argues releasing more details about the unit would allow family offices to divert assets and resources to avoid tax.

Julius Baer faces investigation over ties to Argentine client: Neue Zuercher Zeitung

Employees at the bank discovered irregularities in these accounts in 2016

Best Lawyers recognition for seven Carey Olsen partners

Among the seven Carey Olsen lawyers recognised, Jersey partner John Kelleher was named 'Lawyer of the Year for Litigation in Jersey' – an additional recognition for those with the highest overall peer feedback for a specific practice area

Credit Suisse Wins $3.5 Mln from U.S. Brokers Who Claimed Hiring Fraud

The interest, which continues to accumulate until the award is paid, was set at a default rate of more than 5%, according to a Credit Suisse official.

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