Managers of Wealth

Global Financial Markets Regulatory Review - December 2019 Edition

The reports for each country include links to further information and contact information for Dentons professionals.

Gibraltar sets out sweeping new financial reforms for 2020

The LRP Regulations do not change the substance of the current legislation they derive from and they remain similar.

Big data vs corruption?

Still, there is sense in the advice of the IMF for governments to keep pace with evolving technology and opportunities for wrongdoing.

The future of technology in regulatory compliance for hedge funds and private equity firms

There is a growing expectation that financial institutions need to strongly consider modernizing their regulatory operations

Spotting Audit Dangers For Wealthy Clients

One factor that will reduce audits for some wealthy taxpayers is the increase in the standard deduction and elimination or curtailing of many itemized deductions.

Credit Suisse hit with $6.5 million U.S. fine for supervisory lapses

In settling this matter, Credit Suisse neither admitted nor denied the charges, but consented to the entry of FINRA’s and the Exchanges’ findings.

Investigators put bounty call outside Harrods for Russian oligarch wanted on allegations of $2.5bn fraud

It has also hired a mobile billboard to drive around Knightsbridge, where it says Mr Bedzhamov is currently thought to live.

The ‘Striking Blond’ Joins Spies Haunting Credit Suisse

So when she heard in September about investigators looking into claims the bank had followed its recently departed head of wealth management Iqbal Khan before he joined UBS Group AG

Relax. You really can survive the minefield of capital gains tax

From inheriting to investing, the rules can be complex, as our readers found

ESMA follow-up report on fees charged by CRAs and TRs

The Treasury, in exercise of the powers conferred by section

Treasury And The IRS Release Final Foreign Tax Credit Regulations

The Final Regulations are substantially similar to the Proposed Regulations, with several important clarifications and amendments.

Singapore, structuring and synergy - how traditional offshore structures are working with Singaporean trusts

Walkers' Singapore office was established a decade ago, and it is clear that the growth in the city state is continuing (you only have to look up to see the cranes).

Bill Gates and Richard Branson agree this is one way billionaires can help counter climate change

The pair were in Paris for the One Planet Summit – a meeting designed to address the challenges of climate change – during which Gates announced the expansion of his Breakthrough Energy Coalition.

A Banker Drew Macquarie Into a German Tax Scandal. It Became a Costly Bargain

“Macquarie should have said ‘thanks but no thanks’”

Albanian Drug Suspect’s Banana Bonanza

Smuggling drugs in refrigerated containers of bananas or other fruits has become a favored tactic of traffickers in recent years.

FCA blocks adviser phoenixes as crackdown begins

The practice can have a devastating impact on the individual consumers concerned and a knock-on effect on the wider economy.

Regulation outlook 2020: Liquidity, ESG and reporting in the spotlight

Operational resilience and liquidity under scrutiny

Regulatory burdens and industry shifts: The year 2020 in wealth management

With new regulation nudging it toward records, the RIA movement has put advisors at the center of every trend.

Ex-Deutsche Bank Executive Facing Jail in Italy Still Has Clout

Regulators were concerned at the time about a widening series of scandals at Deutsche Bank.

$722 million cryptocurrency Ponzi scheme

Withers is aware that some of our clients may have invested in BitClub Network, and may be affected by the alleged Ponzi scheme.

Legal,Regulation,Tax & Compliance