Managers of Wealth

Millionaires Fleeing South From New York Tax Smack

Despite constant bashing from class-warfare-obsessed progressives, those much-maligned millionaires and billionaires generate most of the city’s and state’s tax revenues.

Sports and Crypto: $A Sign of things to come?

The ASA’s ruling, however, may be indicative of the anticipated sea-change by way of increased regulatory scrutiny of cryptoassets.

Greece: Revisions to tax rules related to joint bank accounts and family offices

Prior to the law’s enactment, the exclusive purpose adopted by family offices was limited to the administration and management of the family’s assets and investments.

Handelsbanken research finds charities missing out on tax relief worth £940 million

The research finds that 60% of charity supporters are not claiming tax relief on personal donations, and follows the release of Charity Commission data finding 60% of organisations have suffered a drop in income during the pandemic.

Europe rethinking its rules on government debt to meet new global challenges

During the pandemic, they were put on hold temporarily so that governments could spend more, but they are due to return in 2023.

Stephenson Harwood wins two awards at WealthBriefingAsia Greater China Awards 2022

The firm received these awards in recognition of its performance and innovative approaches over the past year.

Allfunds enters an agreement to acquire Web Financial Group

This technology will complement Allfunds’ already strong digital offering including data & analytics which continue to bring efficiencies to the fund distribution ecosystem.

Ex-Bank of America Bankers Are Among 6 Banned by Fed Over COVID Loan Fraud

Autumn Jordan and Manuel F. Pinazo, who previously worked at Merrill Lynch Wealth Management, were among those who applied for assistance under one of the government’s COVID-19 relief programs "based on false and fraudulent representations and

IMF welcomes Switzerland's forward-looking policy, given global risks

The regular evaluation of the economic and financial situation of its member states, the so-called Article IV Consultation, is a core element of the IMF's surveillance activity.

Credit Suisse: Indecent Proposal

The situation had become increasingly tense between the two institutes.

Fighting history: monetary policy and flattening yields

The war in Ukraine has created a commodity shock that has intensified inflationary pressures, accelerating the need for monetary policy to respond.

Association founded to increase the cyber-resilience of the Swiss financial centre

Cyberincidents that damage the reputation of the Swiss financial centre or that could lead to a severe financial crisis pose an increasing threat.

Prince Andrew, the banker … and a mystery £750,000 ‘wedding gift’

Entrepreneur Selman Turk is being sued by a Turkish millionairess, in a case involving a payment to the Duke of York

Cum-Ex: Extradited tax lawyer is on trial in Germany

The tax attorney has to answer in Bonn for tax evasion.

Skybound Wealth gains direct advice authorisation across the EU

Skybound has operations in Switzerland, the UAE, the US, the UK, and Australia.

Zurich advisor, banks and credit firms amongst 13 additions to Finma warning list

The list includes companies that might be carrying out unauthorised or unsupervised wealth management and banking services, having provided insufficient or falsified information to Finma, leading to inconclusive investigation results.

Are Hong Kong tax incentives for family offices ‘too little, too late’? Some lawmakers think so

It maybe too late as Singapore has offered tax waivers since 2020, lawmaker for accountancy constituency says

Credit Suisse Faces a Menacing AGM

Last year was a turbulent one ending in a loss and there are several items on the agenda released yesterday that could potentially face a great deal of criticism from shareholders.

Finma license for women team and AI wealth managers

Wenzinger Finanz AG from Affoltern am Albis and Zurich-based Smart Wealth have recently received official approval from the Swiss Financial Market Supervisory Authority Finma as asset managers.

Julius Baer is appealing in France

This in connection with large-scale trickery with French VAT

Legal,Regulation,Tax & Compliance