Managers of Wealth

Lawyers need to be kinder to their own wealth

Many of the larger wealth managers on our panel have dedicated teams

Whose Bonus is it Anyway? by Victoria Myerson, Appleby

Writing out a cheque in settlement of an ex-spouse’s claim in divorce proceedings can be an unedifying experience at the best of times, ameliorated only by the certainty that it’s the last instalment.

Non-UK residents, residential property and capital gains tax - Farrer & Co

Historically, non-residents have not been subject to capital gains tax (CGT) unless carrying on a business in the UK through a branch or agency.

Tax evaders face court action in crime blitz

This is a purely civil procedure, and can be carried out without the tax evader being publicly named.

New platform rules allow investment trusts to compete on merit says AIC's Sayers

The cost advantages of some investment companies is under threat.

Credit Suisse Is Said to Be Facing Double-Barreled Inquiries

The subcommittee questioned bank executives

Wealth management sector shrinks under tighter regulations

The fragmented UK wealth management sector is shrinking as firms quit, bulk up or look to service a more profitable slice of the country's growing number of rich clients, to cope with costly new regulations.

More pain lies ahead for British banks

Banks must reconcile the demands of investors, regulators and customers, says KPMG

FCA losing patience with advisers on fee disclosure

Too many advisory firms are not being clear with consumers on how much advice costs, the type of service they offer and what on-going services they provide.

The Next Phase of EMIR is Coming Soon - Are You Ready? By: Diven Chatrath

The EMIR reporting start date of 12th February 2014 has now passed

The desperate tactics being used to avoid inheritance tax

With the inheritance tax threshold frozen, families are resorting to more desperate measures to avoid death duty

Bank CEO shot dead in the underground garage

He is a fund manager who has been embroiled in a dispute with the Liechtenstein government and Bank Frick for many years, Switzerland’s Radio 1 said

Real estate tax update - Withers

The ATED is an annual tax charge of up to £143,750 on residential property situated in the UK worth £2m or more which is held by certain non-natural persons.

North West law firm recruits leading private client lawyer

She joins Harrison Drury from Cartmell Shepherd, has almost 20 years of experience of private client matters, providing specialist advice for high-net-worth individuals.

FCA to probe wealth managers' use of in-house funds

The business plan has also committed to examining the requirement for a 15-year long-stop on financial advice.

Guernsey and Swiss regulators sign MoU

The MoU facilitates close cooperation between the two authorities and key elements include the exchange of information, cross border on-site visits and assistance in the enforcement of each jurisdiction's laws.

Tax Amnesties Clear The Way For Global FATCA

The operation is headed by the Organisation of Economic Co-Operation and Development and closely follows the lines of the controversial US Foreign Account Tax Compliance Act laws.

International efforts to combat tax avoidance got a boost today as OECD broadens dialogue with global partners

Over 330 senior tax officials from more than 110 jurisdictions and international organisations met in Paris on 26-28 March 2014 during the 3rd Annual Meeting of the Global Forum on Transfer Pricing.

Fritz Zurbrügg: The Swiss National Bank's investment policy - options and limitations

Speech by Mr Fritz Zurbrügg, Member of the Governing Board of the Swiss National Bank, at the Money Market Event, Zurich, 27 March 2014.

Men held over Vatican Bank 'three trillion euro bond fraud'

Italian police have arrested two men who were allegedly trying to deposit trillions of euros in fake bonds in the Vatican bank.

Legal,Regulation,Tax & Compliance