Managers of Wealth

Guernsey Finance “is more relevant than ever”

Mr Wheatley said: “Representing the island and this financial community for the past five years has been among the most rewarding and enjoyable periods of my career.”

Germany Probes Deutsche Bank Payments to Saudi Royal Adviser: FT

“We caught it, reported it ourselves to regulators and the affected clients, dealt appropriately with the individuals, and made improvements to avoid something similar happening again.”

Rothschild bank heirs sue authorities in Vienna for 'perpetuating Nazi laws by plundering £90m charitable trust that was seized by Hitler'

The lawsuit has accused district of plotting to sell valuable property under value

FINMA Credit Suisse Investigation Could See Executive Overhaul

The bank is being investigated for spying on its own personnel.

UK Money Laundering Regulations Added to the Art Market

While the precise contours of the new regulations will likely be subject to much debate in the coming months

Gibraltar regulator says local businesses will pay 12% Brexit levy

The levy will not apply to companies from these sectors that do not passport into the UK, the GFSC added.

Andrew Bailey calls on tech giants to collaborate with the FCA to help protect consumers

In his final podcast interview as Chief Executive, Andrew Bailey looks back at the last year and his time at the FCA, and underlines the important work ahead as the UK leaves the European Union.

Financial Services AI Public Private Forum

The pursuit of artificial intelligence (AI) and use of machine learning (ML) are increasingly important fields of innovation in the financial services sector.

European Commission speech on European Green Deal and MLD5 transposition

The Commission will take these points into account in its work.

Angola may seek arrest warrant for dos Santos

Failing that, his office would resort to legal instruments at its disposal, one being an international warrant.

Liechtenstein Regulators Approve Ethereum-Based Real Estate Fund

A fully regulated tokenized real estate fund has been approved by officials in Liechtenstein.

Transposition of the Fifth Money Laundering Directive

This consultation ran from 12:15am on 15 April 2019 to 11:59pm on 10 June 2019

It May Be the Biggest Tax Heist Ever. And Europe Wants Justice.

Stock traders are accused of siphoning $60 billion from state coffers, in a scheme that one called “the devil’s machine.” Germany is the first country to try to get its money back.

Global regulation, local solutions by Nausicaa Delfas

The FCA has, along with all other UK authorities, consistently argued for broader and stronger international standards.

FCA stalls Tilney merger with Smith & Williamson

Combined £45bn business would have rivalled Brewin and Rathbones

RollOnFriday Firm of the Year 2020 results reveal most lawyers are...happy

Over seven and a half thousand people from over 150 firms took part in the Firm of the Year 2020, rating how satisfied they were across six metrics: pay, career development, work/life balance, management, culture, and the office.

UK FCA becomes AML/CFT crypto supervisor

The development comes under the amended Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs)

What does equal pay mean to the tax system? by Susan Ball

As anyone who has been involved in an equal pay claim knows, they are complex and costly.

Millions up in smoke in cannabis scam

SEC Files Charges Against Scheme to Sell Fictitious Interests in Marijuana Company

What money laundering rules mean for crypto and trusts

There are significant penalties for those individuals and entities failing to fulfil their responsibilities.

Legal,Regulation,Tax & Compliance