Managers of Wealth

Ukraine: Talk of Full Confiscation Risks «Rule of Law»

The UK government is discussing whether to place refugees in the mansions of wealthy Russians, effectively confiscating them.

Not All Oligarchs Sanctioned Equally

Melnichenko who resides in St. Moritz, Switzerland, joined 13 other Russian oligarchs on the EU sanctions list.

Abramovich sanctions and Chelsea Q&A

Chelsea were not told about the sanctions or the terms of the licence before they were implemented.

JFSC: 386 new Russian sanctions designations have immediate effect

Due to the increasing volume of designations and their immediate effect in Jersey, we will now be flagging their source to Industry as soon as we become aware via our website and shared on our social media channels.

Directors’ considerations amidst geopolitical unrest

We highlight the growing considerations of company directors having business operations, directly or indirectly in Eastern Europe.

FCA response to Chancellor’s call to stop investing in Russia

Major index providers have taken steps to remove Russian securities from their equity and bond indices.

Russian Central Bank Suspended From Umbrella Organization

In recent years, it has hosted and supported the development of digital financial instruments and set up an innovation hub network across the globe.

Whistleblowing – Swiss Banks Under Pressure

Since then, the international media has been reporting extensively on the data, accusing Switzerland's second-largest bank of maintaining client relationships with criminals and corrupt government heads for decades.

The Swiss Bank Turning Down New Money

In order not to have to penalize its cherished customers as a result of breaching this threshold, the bank has opted to keep the maximum amount held in clients' accounts at 10,000 Swiss francs ($10,800).

The Green Taxonomy: Addressing the Challenges

One of the first steps was to develop a common taxonomy, one that defines whether an activity is deemed sustainable and that provides a common language for actors across the EU to speak with one voice when discussing sustainable finance.

Federal Council wants to introduce new tool to strengthen financial sector stability

This will make them more resilient compared to non-systemically important banks, as required by the Banking Act.

IA responds to updates to the Online Safety Bill

Clamping down on these fraudulent adverts will help protect people from losing their hard-earned money to criminals.

Opening of consultation on FINMA Ordinance on Data Processing

The FINMA Ordinance on Data Processing details how FINMA processes data in the context of fulfilling its statutory duties.

Thailand’s SEC to Update Definitions of Institutional and High-Net-Worth Investors

These changes reflect a more modernized approach to defining types of investors, such as by adopting internationally accepted terms like “angel investor.”

Russian billionaire Roman Abramovich hit with sanctions by the UK

The UK becomes the first Western country to impose harsh sanctions on the Russian billionaire.

Russian-linked private jet impounded as UK deepens aviation sanctions

The ban includes any aircraft owned, operated or chartered by anyone connected with Russia or designated individuals or entities, and will include the power to detain any aircraft owned by persons connected with Russia, the Foreign Office said in a statem

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