Managers of Wealth

Withers: Leading law firm for 12 areas in 3 jurisdictions in Legal 500 Asia Pacific 2021

The firm exhibits keen knowledge and fast turnaround times in banking transactions including real estate related financing matters.

UK Import Taxes on Art – post-Brexit

Returned goods relief can be claimed on goods, including works of art, that are re-imported into the UK after having previously been exported, subject to certain conditions.

President of the European Central Bank Christine Lagarde calls for global regulation of bitcoin

Bitcoin’s price has hit record highs in recent weeks.

EU Regulator Warning on Post-Brexit Financial Services EU Access Exemptions

ESMA's statement aligns with our previous advice to clients on the narrow scope of this exemption, particularly where it relates to services being provided to retail clients.

Why Guernsey is a jurisdiction of choice for alternative funds

With an array of competing jurisdictions to choose from

Morgan Stanley Sues $6 Million Team at RBC over Client Calls

The wirehouse brought more than a dozen legal cases in the months following its late 2017 withdrawal from the Protocol for Broker Recruiting

Advertisers: a guide to advertising regulation in the UK

Understanding the advertising codes that apply and the underlying regulatory framework is particularly important in the digital age and during this time of public health restrictions too, when consumers are spending more time on devices.

Carried interest in 2021: New guidance for tax on income associated with services provided to investment partnerships

Treasury made several significant changes in the rules, many of which are to the benefit of taxpayers.

Great Fortunes Tax imposed in Argentina

The new tax is expected to be one-time tax, payable by Argentinian individuals with personal wealth equal or above 200 million pesos

Beny Steinmetz: Mining tycoon in Swiss trial over Guinea deal

Steinmetz, 64, was previously sentenced in absentia to five years in prison by a court in Romania for money laundering.

Appleby Advises on Acquisition of Premier League Football Club Burnley F.C.

The Appleby team were led by Corporate Partner, Andrew Weaver, assisted by Senior Associate Chris Smedley and Associate Stephen Parnell.

Banks offer mortgage fixed rate of 0 per cent for 20 years

Denmark’s official bank interest rate stands at 0.05, while Switzerland has the only official bank interest rate of below zero

Heirs to art-dealing Wildenstein dynasty facing tax fraud retrial

The cornerstone of the Wildenstein family riches is its extraordinary art collection, which was founded by Guy’s great-grandfather Nathan, a cloth merchant from Alsace.

Medicinal cannabis firm ready to start growing and exporting from the Island 'within weeks'

Chrystal’s statement says that facilities are in place to start growing and exporting medicinal cannabis from the Island within weeks.

Financial Markets Regulatory Outlook 2021

Recover, renew, rebuild

A Small Tax Change Is a Boon for Permanent Life Insurance

Insurers worried that a government rule from 1984 threatened certain products—and sought Washington’s help

The role of an AIF depositary

Its main objective is to enhance investor protection by increasing the depositary missions and responsibilities.

FCA sounds alarm bell over high risk cryptoassets

Consumers should be wary if they’re contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.

AJ Bell Removes VAT from MPS and Lines Up New Responsible MPS

VAT is being removed from AJ Bell’s annual management charge of 0.15%

Black Swan – Resuscitated

In bringing the Act into force, the legislature has followed the tradition in England and in a number of other offshore financial centers

Legal,Regulation,Tax & Compliance