Managers of Wealth

OECD releases latest results on preferential regimes

These results indicate the extent of continuing work to end harmful tax practices, and ensures that in the future all preferential regimes require real substance.

Carey Olsen and JTC support Cuba-focused fund with London listing

CEIBA is the largest listed foreign investor offering dedicated investment opportunities directly into Cuba.

Millionaire property developer ‘beat lover to death during sex’

On the first day of the trial yesterday, Birmingham crown court was told that Ms Connolly was killed after the pair spent the day drinking and taking cocaine before engaging in “rough sex”.

UBS whistleblower awarded token damages by Paris court

UBS is facing a tax fraud trial in France that could see the bank fined up to €3.7 billion if found guilty of helping French citizens dodge their tax obligations.

Schroders expands footprint in South Africa

After a positive reception from local investors we are very pleased to be expanding our team in the country.

Tavistock and Lighthouse join forces

Tavistock plans fundraising

UAE, Singapore among eight exemptions in IoM disclosure change

Conduct of Business Code exclusions also applied to Argentina, South Africa and Qatar

Are you ready for ex-post disclosure?

The stakes couldn’t be higher: already Advisors are changing loyalties to product manufacturers who can seamlessly deliver clear ex-ante disclosure.

Wells Fargo reportedly ends investigation of gender bias in wealth management unit

Wealth management head Jay Welker, a focus of many complaints, announced plans to retire on Tuesday

UBS confronts huge potential fines in U.S., French lawsuits

UBS’s hard bargaining has resulted in both cases going to court, often a last resort for banks, with the worst-case scenario being huge fines and lengthy legal battles.

Football’s super-rich play the game by their own rules

The Football Leaks revelations show how little the views of fans and regulators matter

France to hunt for tax cheats on social media

The idea is to identify potential frauds by analysing publicly-available data on individuals' social media accounts, Darmanin said, according to excerpts of the show to be broadcast on Sunday.

South African Central Bank Fines HSBC for Lax Money Laundering Controls

The FIC Act mandates the PA, in terms of section 45, to supervise and enforce compliance with the provisions of the FIC Act insofar as accountable institutions regulated or supervised by it are concerned.

Taxman To Tackle Wealthy Families With Trusts

Trusts set up as part of estate planning exercises to minimise inheritance tax are specific targets for the consultation.

Regulators are taking a tough stance on golden visas

As demand for residency or citizenship in EU member states grows, the golden visa schemes are under intense scrutiny from regulators for making it too easy for organized crime figures, tax-evaders, and people whose wealth cannot be easily explained to ge

Legal,Regulation,Tax & Compliance