Managers of Wealth

Belvedere update: Mauritius FSC suspends Belvedere’s management licence

Cites failure to comply with the law

Will FCA overturn independence rules as MiFID II looms?

The regulator is consulting on ditching the independence standard in light of incoming MiFID II rules

China Construction Bank Looks to Switzerland

China Construction Bank has officially applied for a banking license in Switzerland

SEC Proposes Rules on Executive Pay and Performance

Rules Would Provide Greater Transparency and Better Inform Shareholders

Going mainstream: Barclays breaks ground to forge first contract lawyer panel

After establishing a global two-tier panel last year, Barclays has launched a procurement process to formalise its flexible resourcing usage and establish its first contract-lawyer only panel.

Why did this former UBS banker get $104m ?

Ex-banker and whistleblower Bradley Birkenfeld tells how he came to be the man who ended the tradition of bank secrecy and got rich in the process.

DeAWM petitions DOL for exemption to manage U.S. retirement assets

DB Group Services pleaded guilty to a criminal charge of wire fraud from the U.S. Department of Justice and will pay a $775 million penalty.

SEC Announces Award to Whistleblower in First Retaliation Case

To date, the SEC has awarded 17 whistleblowers since its whistleblower program began more than three years ago. Payouts now total over $50 million.

Northern Trust Hedge Fund Services Announces Portfolio Analytics and Compliance Service

Proprietary reporting engine provides exceptional levels of customization for investment trend analysis and compliance

Switzerland to return money held in Chen Shui-bian family accounts

Switzerland's Supreme Court has ruled that US$6.74 million (NT$205 million) on deposit in accounts held by family members of Taiwan's former President Chen Shui-bian should be returned to Taiwan

SEC charges firm that put money with SAC, Paulson funds

The men also sent investors audited financial statements where they failed to disclose almost $3 million in expenses tied to transactions involving other entities.

Laura Shumiloff awarded Marketing Leader of the Year

Norton Rose Fulbright is delighted to announce that Laura Shumiloff, global director of marketing and communications,

SEC Awards $600,000 To Whistleblowing Trader Who Faced Retaliation

In the first case of its kind, the U.S. Securities and Exchange Commission awarded a payment to a whistleblower after he experienced retaliation from his employer after he reported alleged misconduct.

UAE billionaire calls for new rules on succession for Gulf family businesses

Family businesses generate more than 80 per cent of the non-oil gross domestic product in the Gulf, according to accountancy firm PwC, a sector of the economy each nation is trying to bolster, especially in the lower oil price environment.

Trial of Deutsche Bank Co-CEO Fitschen looms

Jürgen Fitschen and four former executives of German lender Deutsche Bank are accused of falsely testifying in court

BSI Provides Road Map For Future Swiss Bank Agreements

The BSI nonprosecution agreement demonstrates the extraordinary level of disclosure and cooperation that Swiss banks are required to undertake in order to qualify for such a resolution, and provides a detailed road map for other Swiss banks seeking simila

The world's top detective for Nazi looted art: Sleuth has tracked down £250million worth of stolen art including priceless works by Picasso, Renoir and Matisse

He currently represents the heirs of renowned art dealer Paul Rosenberg

Legal,Regulation,Tax & Compliance