Managers of Wealth

The interest of Monegasque residency in the context of international exchange of information

In maintaining this balance Monaco preserves its place as a privileged location in the heart of Europe.

Credit Suisse Notches Win Against Wells FA Who Alleged Fraud

The case appears to be the first in which Credit Suisse has prevailed against claims filed by dozens of its former U.S. brokers seeking to collect forfeited compensation or to walk away from promissory notes.

MEPs strengthen EU financial watchdogs

To ensure a uniform application of EU rules and promote a true Capital Markets Union

Protecting whistle-blowers: new EU-wide rules approved

Whistle-blowers will be able to choose between internal and external reporting

Structuring art deals in the contemporary art market - top tips

Buyers must be wary and conduct proper due diligence beforehand.

British Virgin Islands – New Substance Rules for BVI Companies and Limited Partnerships

This BVI legislation was enacted in response to requirements established by the EU Code of Conduct Group in June 2018.

New Offshore Tax Avoidance Warning As Data Sharing Starts

The warning must take the form of a template drafted by HMRC

Credit Suisse to take controlling stake in Chinese securities joint venture

The Swiss bank would own 51 per cent of Credit Suisse Founder Securities after a capital injection

Citigroup to refund over $3 million to clients

Citigroup’s practices included its advisers asking customers about their personal circumstances, such as their tolerance for risk, and providing financial education about benefits and risks to customers who had no previous experience of investing in

Guernsey ‘continues to break new ground’ in awards win

Guernsey previously won the award in 2015.

RSM strengthens tax capabilities in London

RSM’s Employer Solutions Group has seen the arrival of Phil Partington as partner and specialist in expatriate tax.

Chelsea 'hold talks with three parties' over staggering £2.5bn takeover

Russian owner Roman Abramovich is reportedly looking to sell up this summer after being denied by a visa

Mauritius FSC recognises Security Token Offerings in its legislation

The above-mentioned terms are defined in the Securities Act or in the Securities (Collective Investment Schemes and Closed-end Funds) Regulations 2008.

Australian wealth manager hit with class-action lawsuit

The suit was filed in the New South Wales Supreme Court in Sydney by law firm Quinn Emmanuel.

Hull City loses fight with taxman over Geovanni payments

Club bosses challenged the decision but a specialist judge has dismissed their appeal.

U.S. lawmakers grill bank CEOs on social issues

Democratic lawmakers focused many of their questions on who the banks were doing business with, probing for answers about financing of gun manufacturers and fossil fuels.

Tax the rich more to help the middle class, says OECD

The report, Under Pressure: The Squeezed Middle Class, said the "economic centre of gravity is tilting away from the middle".

Danby Bloch: The new tax year’s rates, reliefs and rules

The threshold at which higher-rate tax kicks in has also increased by a hefty 8.7 per cent to £37,500, making the higher-rate threshold of the personal allowance plus the top end of the basic-rate tax band £50,000.

Senior Investec wealth manager took own life over regulatory probe fears

But he feared that his livelihood was at risk after he accidentally forwarded some client documents to a third party, and communicated with the recipient on his own phone, rather than his recorded work line.

Swiss Banker Guilty of Corporate Espionage for Leaking Data on Tax Dodge

Banker found guilty of one count of corporate espionage

Legal,Regulation,Tax & Compliance