Managers of Wealth

Taxing the wealthy: HMRC does not know how many billionaires pay tax in the UK

PAC warns of lack of clarity over how much tax is paid or avoided by the very wealthy, as report highlights significant opportunities to collect more revenue.

Nikko AM Group successfully completes management company transfer to Apex Group

Nikko AM Group offers active investment management across Equity, Fixed Income, and Multi-Asset strategies

Taxing the rich would rob the UK of ambition

On the face of it, a wealth tax looks like a simple solution to redistributing wealth and helping fill the Treasury’s empty piggy bank.

Nordea Reaches Milestone in Switzerland

The Finma license is a key step toward our growth ambitions in Switzerland.

Burges Salmon guides Wealthtime through innovative business transformation with 10-year partnership with Wipro and GBST

The partnership delivers a market-leading, digital-first platform and innovative customer-centric service offering.

ZKB introduces new charges for Swiss-resident Americans

A spokesperson confirmed the newly implemented quarterly CHF 90 charges to US citizens residing in Switzerland.

Response to media reports – Legal case concerning alleged 1MDB fraud

They operated under false pretences, and acted as a conduit for funds misappropriated from 1MDB to launder monies.

Living between Dubai and Milan, but litigating in London

While private wealth may find a new centre of gravity further east, the gravitational pull of London’s courts will stay as strong as ever.

The eternal dilemma of how to tax the super-rich

It is becoming harder to keep wealthy nomads and ordinary voters happy

Wealth advisers helping tax evasion face fresh fines

Advisers who help clients evade tax will face fines under rules that have come into force from 01 January this year.

CS Plaintiffs Achieve Stage Success

The names of these experts are not being disclosed, as objections could still be raised against the proposed persons.

Hawksford shows commitment to UAE market through DMCC agreement

Working closely with its well-established teams in the UK and Singapore, the agreement will also see Hawksford support greater trade flows across the UK-GCC-ASEAN corridor.

Nigel Farage Accused Of 'Billionaires' Giveaway' Over New Tax Policy

All of the money raised from the new policy would be given directly to around 2.5 million workers on low incomes, Farage will announce in a major speech on Monday.

A UK Wealth Exodus? Why ‘Non-Dom’ Crackdown Risks Backfiring for Reeves

What started as a trickle of departures risks turning into an exodus as rich individuals grapple with a raft of other changes hitting their finances — from higher taxes on private equity investments to levies on private school fees.

Banque Pictet et Cie SA and one of its former asset managers sentenced by penal order

The conviction was part of a series of criminal proceedings initiated by the Federal Prosecutor's Office (OA) in connection with the international "Lava Jato" corruption scandal, most of which originated in Brazil.

UBS finance chief voices disappointment over Swiss capital rules

UBS planned to engage in political consultation processes on Switzerland's capital requirements, which could eventually lead to a more proportionate outcome

SEC to Resume Processing of Registration Applications From Swiss-Based Investment Advisers

This announcement follows successful discussions between staff from the SEC and the Swiss Financial Market Supervisory Authority (FINMA) regarding (1) the ability of FINMA-supervised

Federal Council draws lessons from Credit Suisse crisis and specifies measures for banking stability

The Federal Council has also opened a consultation process for those measures that are to be implemented directly at the ordinance level.

Leading law firm for wealth management in Asia Pacific and Greater China

With a private client and tax team of over 40 in Asia and over 200 across 17 offices globally, Withers continues to be the world's largest law firm for wealth management.

Advisers crave industry-wide standard for MPS due diligence

The research highlights a clear gap in financial advisers’ understanding of current regulations relating to outsourced investment providers.

Legal,Regulation,Tax & Compliance