Managers of Wealth

Why Venezuelan money is no longer welcome in Switzerland

Méndez has also contacted other banks, including PostFinance, but none would open an account for him.

Ex-Credit Suisse Wealth Boss in Security Scrap

The Swiss bank was apparently looking to ensure that Khan didn't poach clients or key staff during the three-month period between leaving Credit Suisse and joining UBS, the Swiss paper reported.

Boris Johnson wades into beneficial ownership register spat

In a letter to the chief minister of Guernsey

Improving the suitability of financial advice by Debbie Gupta, FCA

Money Marketing Interactive Conference have put together a great agenda.

Investment management, succession planning, philanthropy: the diverse functions of the family office

Jersey is also particularly attractive because of the high quality of professional services available in the investment, accounting and legal sectors.

China drafts bar for net capital of banks' wealth management units

The regulator unveiled in late 2018 long-awaited rules governing commercial banks’ asset management subsidiaries

US-Switzerland Double Tax Protocol Now In Force

Switzerland said requests for information may be submitted from the date of entry into force of the Protocol, September 20, 2019.

South Africa: Taking Center Stage: The Rise of Compliance Due Diligence in Africa

From the commentary, it was found that many countries in Africa were considered to have opaque legislative and regulatory frameworks, less predictable legal processes, and less consistent enforcement.

Second Suspect Arrested in Theft of $6M Golden Toilet

Still unable to locate the stolen toilet, police asked the public to contact officers if they have any information on the heist.

UBS ordered to pay Credit Suisse $9m in advisor 'raiding' case

Credit Suisse filed the complaint in November 2015, asking for more than $10 million in damages alleging that UBS 'engaged in unfair competition

The limits of audit: public perceptions and legal realities

These factors were not identified by Grant Thornton when it conducted its audit.

Don’t play Midnight Cowboy with a midnight limitation deadline

The underlying proceedings at first instance concerned the calculation of the limitation period for a claim against trustees.

Hunt for alleged $1bn cocaine yacht owner leads to secretive Cook Islands trust

Exactly who the individuals are behind the tightly-guarded trust, which nine.com.au has chosen not to name

Mourant trusts lawyer makes list of Top 35 Under 35

The Top 35 Under 35 is well known in the trusts and private client sector, and is designed to shine a spotlight on the rising stars of the private client industry in the UK and the Channel Islands.

Sheffield Dis-United

The comprehensive decision will be an important precedent to consider in future shareholder disputes, particularly those involving a ‘deadlock’ situation.

Too Much Tax Leads To Expats Returning US Passports

American expats must report their worldwide income to the IRS with income, estate and gift tax returns.

US Expat Taxes Explained: Form 2555-EZ for the Foreign Earned Income Exclusion

To eligible to claim the FEIE on your US expat taxes, you must meet one of the two tests: Bona Fide Residence or Physical Presence.

Dubai Regulators Flagged Standard Chartered

Senior executives, including global private banking head Didier von Daeniken, were scheduled to meet Dubai regulators this month, the sources added.

£125m QROPS Tax Windfall Plan Flops For HMRC

The overseas transfer charge is paid by expats moving money into an offshore QROPS pension when the scheme is based outside the European Economic Area (EEA) in a place other than the country where they live.

Resident Money Market and Investment Funds return

The MMIF requirement for more detailed data and a tighter reporting timeline has, however, introduced new challenges to fund administrators.

Legal,Regulation,Tax & Compliance