06/15/2018
Why wills and bequests are not just for philanthropists
The message is we don’t all have to be Guggenheims, Rockafellas, Kaldors, Fairfaxes or Myers to make an impact on the arts.
Legal,Regulation,Tax & Compliance
06/15/2018
US firm penalised as pension mis-selling goes offshore
DeVere USA, which has no link to UK advisory firm Chase de Vere, at centre of concerns over pensions advice to British expats working overseas.
06/14/2018
Raiffeisen: major corporate governance failings
In 2016, FINMA launched investigations into Raiffeisen Switzerland following indications of potential conflicts of interest.
06/14/2018
Asset managers raise pressure on Japan's board appointments
Calls intensify for more outside directors and fewer cross-held shares
06/14/2018
Old Mutual boss: More businesses like ours will break up
He says: “Old Mutual is not the only global financial services business thinking about restructuring. I suspect we will see more.
06/14/2018
Clamping down on offshore financial centres would not raise tax revenue
As more investment capital is allocated across a diverse range of jurisdictions from investors around the world, the potential for multiple taxation increases.
06/13/2018
UK Tier 1 investor visa applications among Chinese nationals soars by 56%. Roman Abramovich no longer interested in UK Visa.
Perhaps some very wealthy people may wish to consider other UK visa routes such as the tier 2 sponsorship licence and tier 2 visa scheme
06/13/2018
The Little-Known IRS Agent Who Exposed the Biggest Scandal in Sports
Just in time for the World Cup, a new tell-all traces the criminal underbelly of “the beautiful game.”
06/13/2018
Credit Suisse Reaches Agreement with Lehman Brothers
The agreement remains subject to court approval.
06/13/2018
Former Raiffeisen CEO freed from custody, probe continues
The investigation is ongoing, but is so well advanced that Vincenz, and another former Aduno board member who was arrested at the same time, could be released from custody under certain conditions, the prosecutors said.
06/11/2018
Tax shelter not just for the wealthy
The specially designed contracts being touted by Blackstone and other firms that service high net worth clients allow their clients to invest in a wide range of unique investments including hedge funds in a tax-free environment.
06/11/2018
Cristiano Ronaldo tax evasion: settlement reportedly close
El Confidencial says the Real Madrid forward is near to agreeing a deal with the Spanish inland revenue that would ensure he avoids jail time.
06/11/2018
Trusts (Amendment No.7) (Jersey) Law 2018 now in force
The Trusts Law is widely regarded as the international standard for offshore trust legislation
06/11/2018
Swiss voters reject total overhaul of monetary system
Banks could only issue loans if they had acquired an equivalent sum from the central bank, other lenders or client deposits.
06/08/2018
Beyond 25 May: The legacy of GDPR
The introduction of the rules has proved particularly timely following the Cambridge Analytica data scandal.
06/08/2018
How tax compliance in Luxembourg is changing
With global accountability the ‘new normal’, it’s more important than ever to understand your tax compliance obligations in Luxembourg.
06/08/2018
Wells Fargo plans to lay off 46 employees in Menomonee Falls
Wells Fargo said it would assist the employees in finding open positions within the company as well as provide outplacement services.
06/08/2018
Ansbacher providing seamless solutions for tax reporting
Client requests have reportedly led Ansbacher to outsource a better and seamless tax reporting practice.
06/07/2018
Ex-Rangers boss Walter Smith sues his wealth advisers
The court has previously said it will not force Smith to hand over the documents.
06/06/2018
AJ Bell starts fee cuts on passive multi-asset range
AJ Bell has also fixed its annual management charge at 0.15%.