Managers of Wealth

Swiss Crimefighter Wins U.N. Policy Role

Thelesklaf later criticized the alpine nation as ineffectual at combating the scale and variety of criminal money that is flowing into Swiss banks.

UK tax compliance and enforcement for wealthy individuals

Cases are chosen for the programme if there is a significant amount of tax at risk and it is thought that compliance interventions by the HRWP will add value.

Post _ Brexit Disputes With UK Parties - Continued Uncertainty As Decision On Lugano Awaited

For Irish entities dealing with UK counterparties, issues of dispute resolution may be more complex as a result.

HSBC wins London court fight with liquidators of bank owned by Allen Stanford

Liquidators of Stanford International Bank, which was incorporated in Antigua, complained that HSBC bosses should have been quicker to freeze Stanford International accounts.

Brexit: the impact of new immigration rules on English football

Points are based on a variety of factors including: number of international appearances, the rank of the selling club, and the quality of the league from which the player will be transferred.

Joint PRA and FCA Statement on the FSB Peer Review on remuneration

The Financial Stability Board published its report on the Peer Review of the United Kingdom.

Regulating the UK as a global financial centre

Speech delivered by Nausicaa Delfas, Executive Director of International, Interim Chief Operating Officer and Executive Director of International, at City & Financial Global's Future of UK Financial Services Regulation Virtual Summit.

Self regulatory organisation VQF hunts for new CEO

VQF is still authorised as an SRO to regulate financial intermediaries in the parabanking sector who have to abide to the AMLA, but not to FinIA and FinSA.

Landlords warned to tread carefully with tax rules on holiday lets

It has to be let on a commercial basis with a view to making a profit – letting to family and friends at reduced rates does not count.

VP Bank appoints CEO of VP Bank Asia

With more than twenty years of experience in international banking gained in Hong Kong, Singapore and Switzerland, Pamela is a proven and well-respected leader in the Asian region and beyond, with an excellent track record in the family office and interme

Swiss money laundering probe eyes Lebanon central bank chief: report

Contacted by AFP, the Swiss attorney general's office confirmed Tuesday that its aggravated money laundering probe involving Lebanon's central bank was ongoing, but refrained from further comment.

MAS Imposes Composition Penalty of S$1 million on Bank J. Safra Sarasin

The penalty amount took into consideration BJS’s remediation actions to address deficiencies that were identified by MAS.

AML systems and controls – an ever-increasing area of focus

Mr Steward addressed how seriously the FCA takes this crucial area of regulatory focus and reiterated the requirement for firms to have in place systems and controls that are purposeful and efficient in managing financial crime risk.

Entry into force of double taxation agreements with Brazil and Saudi Arabia

The agreement between the Swiss Federal Council and the Government of the Kingdom of Saudi Arabia for the avoidance of double taxation with respect to taxes on income and capital entered into force on 1 April 2021.

The war against money-laundering is being lost

The global system for financial crime is hugely expensive and largely ineffective

Pandemic sees clients delay decision making

The research, commissioned by Octopus Investments and conducted by VouchedFor1, revealed that six in ten (61%) advisers had clients who delayed financial decisions due to the pandemic.

Collapse of Jersey-based Football Index faces new UK probe

A government source was quoted as saying that "something appears to have gone very wrong here

Cyprus Launches New Registry that Identifies Company Owners

The plan included the establishment of the UBO registry - an already existing obligation under the EU’s 4th anti-money laundering directive.

UK tax compliance and enforcement for wealthy individuals

Wealthy individuals sit predominantly within the department's wealthy and midsized business compliance directorate (WMBC) which is responsible for general compliance, including spotting and correcting mistakes.

UK Employer Reporting Obligations – Taxable Benefits

As an employer, it is important you are aware whether these new arrangements require you to return certain information to HMRC

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