10/17/2023
Singapore Crypto Bourses Work With UK Investigators
According to Benton, this unique NFT cuts down the duration to freeze assets.
Legal,Regulation,Tax & Compliance
10/13/2023
GAM Holding AG: Newgame SA withdraws its appeal against the Swiss Takeover Board’s ruling of 31 August 2023
Newgame SA withdrew its appeal on 27 September 2023, as a result of which FINMA’s Takeover and State Liability Committee wrote off the appeal proceedings as having become redundant.
10/13/2023
Major shareholder requests delisting of One Swiss Bank
The bank’s share price has benefited from a return to profitability, which started in 2022.
10/12/2023
Bernie Ecclestone is in trouble over money from Julius Baer
The soon-to-be 93-year-old former Formula 1 boss Bernie Ecclestone has pleaded guilty to tax fraud.
10/11/2023
FSB: There were alternatives to the CS takeover
There would have been alternatives, according to the top financial stability watchdogs - that sounds very much like justification.
10/09/2023
Swiss Finance Minister Faces Committee Questioning Over Credit Suisse
It marks the beginning of the political investigation into the forced takeover of the bank on March 19.
10/09/2023
Singapore banks sharpen scrutiny after $2 bln money laundering scandal
In a statement, the Monetary Authority of Singapore said financial firms must verify customers' identities, establish the sources of wealth and funds of higher-risk clients, and keep track of transactions.
10/05/2023
Finma fills a gap in the management
The authority is now able to plug a gap internally.
10/04/2023
High-tax, high-spend, big-state Britain is here to stay, whoever is in power
All signs point to a Labour election win next year – but don’t expect much to change in how the UK is governed
10/04/2023
Credit Suisse writedown: court examines release of more documents
In the battle for disclosure, investors scored an early win in May when the St. Gallen court, in northeast Switzerland, ordered the release of FINMA’s decrees on the writedown.
10/03/2023
Why you should worry about new super tax – even with less than $3m
These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
10/03/2023
Tax practice acquires West Lancashire firm
The practice also assists offshore banks and trust companies throughout Europe with UK tax issues.
10/03/2023
Corporate Taxation Arrives in the UAE – What? Why? And What are the Implications?
These and other key questions were put to a panel of experts who offered their insights and proffered words of advice to the wealth management community in the region.
10/02/2023
UBS Settles Tuna Bond Case in Mozambique
UBS and Mozambique governments have resolved their dispute over the tuna bonds inherited from Credit Suisse.
10/02/2023
Nine lawyers featured in Spear's Magazine's 2023 rankings
These individuals work with high and ultra-high net worth clients around the world.
09/29/2023
Retirement planning: How to pay less tax
Married couples and people in civil partnerships can double most of these tax-free amounts by using both sets of allowances.
09/28/2023
Swiss banking stands before the courts of morality
Of course, it can be argued that these specific incidents happened many years ago - and the world has changed in the meantime.
09/25/2023
Strengthened Client Scrutiny by Singapore Banks: Addressing Money-Laundering Concerns
The longer processing times are not an official rule change but a response to authorities tightening due diligence across the financial sector following the exposure of a transnational money laundering syndicate in August.
09/22/2023
IHT receipts show fresh year-on-year rise
This is likely to be the result of allowances* being frozen until at least 2028 combined with inflationary growth of asset values.
09/21/2023
More Assets Unveiled in Singapore’s Laundering Scandal
The case was first made publicly known on August 16 and the value of the assets seized was revealed to be S$1 billion.