Managers of Wealth

Handling cryptocurrencies in Hong Kong divorce proceedings

I suspect my spouse owns cryptocurrency. What does this mean for my divorce?

Have you disclosed the impacts of climate-related matters clearly?

IFRS Standards facilitate these disclosures.

OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations

Governments need to ensure that the taxable profits of MNEs are not artificially shifted out of their jurisdiction and that the tax base reported by MNEs in their country reflects the economic activity undertaken therein and taxpayers need clear guidance

EU Sustainable Finance Regulation

Navigating the sustainable landscape with Refinitiv

Tackling cyber fraud using both human and artificial intelligence

With this system, artificial intelligence helps combat payment fraud, for example, by making it easy for suspicious patterns of behaviour or unusual payments to be flagged to protect clients funds.

ESG Legal Outlook 2022

In this publication we explore key global ESG themes we believe will shape the legal outlook for businesses in 2022.

Economic substance in the post-pandemic era: the truth of the matter.

Above all, it is important that businesses understand the evolving economic climate.

The global minimum tax rate: Are we nearly there yet?

On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation.

Ex-Raiffeisen Boss Heads Into Criminal Trial

The criminal trial of Pierin Vincenz is set to open next week, offering a revealing glimpse into a 16-year CEO tenure at Raiffeisen and illustrating how the long-standing CEO was able to shift influence from cooperative member banks as well as his own boa

Wealth firm in High Court battle after directors’ ‘gross misconduct’ dismissal

The ex-directors of Bartholomew Hawkins Limited took consolidator IWP to court over the value of their shares after they were fired for gross misconduct.

Credit Suisse Files Five Greensill-Linked Insurance Claims

Some of the claims submitted were related to both funds but the bank did not specify with whom it had made the filings.

Being on top of Ultimate Beneficial Ownership Compliance

While for lawmakers it is still a field for further discussion, companies in different jurisdictions are required to be compliant with the UBO laws already set out.

UK launches consultation on domestic implementation of global minimum tax for large multinational groups

The UK government has today (11 January 2022) published a consultation seeking views for how a worldwide 15% minimum corporation tax should be domestically implemented.

Zero Hour for Independent Asset Managers

Institutional investors throughout Europe have pledged Quaestor Coach about $300 million, mainly for Swiss buys.

Kim Kardashian, Floyd Mayweather Jr., Others Sued Over Cryptocurrency Promotion

Lawsuit alleges celebrities made false or misleading statements to investors about EthereumMax; company disputes allegations

Update on the Delisting of The Bahamas From the European Union List of Third-country Jurisdictions

The engagement with the EU DG FISMA began in August 2020 and culminated with The Bahamas' submission of additional information and data in early October 2021.

Credit Suisse Vs Softbank: Gloves Off

The dispute involves Greensill, the defunct supply chain financier backed by Softbank which is at the center of a $10.1 billion fund blow-up at Credit Suisse.

Record year for Open Market activity in Guernsey

Figures reveal that there were a total of 127 Open Market transactions in 2021

Is Jersey part of the UK for probate purposes?

Trust and estate practitioners in Jersey and in the UK are well versed at advising clients the opposite however – that Jersey does not form part of the UK.

Expansion and sustainability – TISE evolves in 2021 with Carey Olsen as the leading listing agent again

The most notable change being the separation of the rulebooks and fee schedules for debt and equity securities, with the creation of a dedicated Qualified Investor Bond Market.

Legal,Regulation,Tax & Compliance