Managers of Wealth

EIB under scrutiny for failings after whistleblowing complaints

The bank falls short of EU anti-money laundering rules, internal audit reveals

UK couples can now leave up to £1 million to their children free of inheritance tax, after changes to the RBRB

The legislation has been heavily criticised for its complexity, but the correct guidance and careful planning can help you overcome this.

Competition Law Enforcement in a Time of Crisis: Key Messages from the European Commission

Guidance from the Commission: Assessing competition law issues relating to business cooperation in response to the COVID-19 outbreak

EY ordered to pay whistleblower $11m in Dubai gold audit case

Court rules accountancy firm breached code of ethics in its dealings with a refiner

Prosecutor Probes Ex-Swiss Bank CEO

The case has raised eyebrows in Switzerland, where insider trading convictions are rare and those of former top executives even more so.

Former Barclays banker cleared of fraud hits out at SFO’s powers

Richard Boath tells FT the agency that charged him had fallen short of its responsibility

How Banks Can Detect Money Mules in the Time of COVID-19

Most money-mule operations rely on establishing informal ties to the global financial sector.

How Merrill Lynch Is Preparing for SEC’s Regulation Best Interest

It’s a step up from the current standard, which requires broker-dealers to recommend investments that are merely “suitable” for clients

Covid-19 - Charity AGM Restrictions in the Isle of Man

The Attorney General has agreed that any charity which is required to hold its AGM before the end of April and is prevented from doing so due to the COVID-19 outbreak

Gam chops director pay amid Covid-19 pandemic

The coronavirus market turmoil took a chunk out of Gam’s total AUM, which plunged 16% to CHF 112.1bn ($115.68bn) in the three months to 31 March.

Mortgage complaints fall – FCA

Barclays' private bank attracted the most mortgage complaints from an active lender in the second half of 2019, according to data.

Planning personal wealth under economic globalization

Wealth planning ideas such as global asset allocation, foreign wealth management and offshore trusts, once exclusive to the rich, are now widely distributed among the mass affluent.

Six wealth majors unite to raise £60k to feed NHS staff

We’ve contacted a lot of the industry and been delighted by the response.

Cayman’s Tax Neutral Model Explained

How Cayman’s tax neutral model provides for greater transparency and information exchange, without eroding other countries’ tax bases.

COVID-19: UK Tax Residence Risks for Offshore Funds and Related Entities – HMRC Update

Where it remains essential for directors to participate in board meetings from the UK

Ogier fields a 'top class' team in Luxembourg

I am delighted that individuals have gathered such excellent feedback

COVID-19 and the Derivatives Markets: Managing the Present, Preparing For the Future

Market participants should be aware that the financial landscape is evolving daily as a result of this global pandemic and that the information contained below is subject to change.

UK taxman halts investigation enquiries

But it may be better to deal with HMRC now ‘rather than store up problems for the future’

Trial by Zoom – a look at how Courts across common law jurisdictions are responding to the coronavirus

Globally, Courts have introduced a wide range of measures to respond to the virus.

Beyond The Headlines: Fca Scraps Mifid 10% Letter Rule

As has been demonstrated with the spread of unresearched information around COVID 19, this can have dangerous consequences.

Legal,Regulation,Tax & Compliance