Managers of Wealth

Ex-Morgan Stanley Banker Wins $1.6 Million Bonus in Lawsuit

He now heads investment banking in France for Bank of America

Mena emerges a key growth market for HSBC Private Banking

Bank targets double digit growth in client assets and revenues from the region

Billions are being lost due to tax avoidance

By leaving out large and important areas of tax avoidance, the government is able to claim the UK has one of the lowest tax gaps in the world. The claim is laughable

It's unanimous: SCOTUS decision on historic tax jurisdiction case announced

While this decision is momentous, this will remain a hot topic.

Lloyds freezes 8,000 offshore Jersey accounts in dirty money push

UK lender spent three years asking clients for personal information under new rules

Finma adds four firms to warning list

The list includes companies that might be carrying out unauthorised or unsupervised wealth management or banking services.

How to Comply With Economic Substance Laws in the BVI and Cayman

This webinar provides background on economic substance legislation

Collas Crill's Contentious Trusts Team Shortlisted for Step Private Client Award

The STEP Private Client Awards are seen as the hallmark of quality within the private client industry, highlighting excellence and innovation among private client professionals worldwide.

Former UBS China banker given 9 years in prison for insider trade

The documents said that Sang shared information with two associates

Statistics on automatic exchange of banking information and the right to hold authorities (and banks) to account

It is still hard to know how well this system is working

Global Financial Markets Regulatory Review - June 2019 Edition

The discussion paper outlines APRA’s proposals with respect to a number of areas including asset classification and provisioning, credit standards and credit risk management.

Wealth management investigations spike

In the Royal Commission's final report, commissioner Kenneth Hayne recommended when ASIC identifies misconduct, its starting point should be "why not litigate?" instead of the "negotiate" tack the regulator has traditionally taken

Addepar Inks Reseller Partnership With Mirador

The West Coast fintech firm will be resold to wealth management firms and UHNW family offices with customized analytics and reporting

Legal team advises private bank on wealth manager acquisition

Deal Is Part Of Wealth Management Business’ Growth Strategy

Former Barclays boss John Varley cleared in Qatar fraud case

Mr Varley has been acquitted on both counts.

College admissions scandal mastermind found fertile hunting grounds in wealth management world

Singer, who has since admitted to running the brazen college admissions scam that federal prosecutors brought down in March with criminal charges against dozens of people, was no stranger to Morgan Stanley or other big investment firms.

Parliament agrees to align with OECD tax transparency rules

The government had tried since 2005 to convince parliament to adapt Swiss law, while in 2015 the OECD said it considered Swiss attempts to tighten rules on bearer shares insufficient.

Carey Olsen Shortlisted For International Award

Carey Olsen is one of five finalists for the International Legal Team of the Year [midsize firm] category.

Jersey Finance Comments on Commitment to Move Towards Public Registers of Beneficial Ownership

As an industry, we are now looking ahead to working together with government and other partners to move forward

Grand Theft Europe

Fraudsters are every year robbing Europe’s citizens of 50 billion euros in tax money. A Europe-wide investigation by 63 journalists from 30 countries, coordinated by CORRECTIV.

Legal,Regulation,Tax & Compliance