10/16/2024
The Government Council determines the compensation for the BKB state guarantee for the next four years
This was determined by the Government Council of the Canton of Basel-Stadt.
Legal,Regulation,Tax & Compliance
10/16/2024
Ultra wealthy to feel tax crunch on overseas gains
They added that some of the targeted Chinese had at least US$10 million (HK$78 million) in offshore assets
10/15/2024
UBS resolution reporting: recovery and emergency plans to be revised
FINMA is of the opinion that if the preferred restructuring strategy were to be applied, UBS could be resolved today by means of “single point of entry” recapitalisation.
10/15/2024
Stephenson Harwood advises on sale of Whitley Asset Management to Cazenove Capital
WAM manages assets of approximately £1.5 billion on behalf of ultra-high net worth entrepreneurs and charity clients.
10/14/2024
Less offshore secrecy is central to any boost from wealth taxes
A UK transparency levy would kick-start global efforts to make it harder to conceal business ownership and beneficiaries
10/11/2024
Jersey for Sharia-compliant wealth management
In some cases, it is desirable for families to establish their own private investment structures to hold their investments.
10/10/2024
Hogan Lovells advises Cazenove Capital, part of Schroders Wealth Management, on acquisition of Whitley Asset Management
Schroders Wealth Management is a strategic area of growth for Schroders plc.
10/09/2024
UHNW women among economic abuse victims being failed by courts, family lawyers warn
The UHNW lifestyle 'lends itself' to incidents of economic abuse, say leading family lawyers from the Spear's network
10/07/2024
London Luxury Real Estate Suffers Under Tax Fears
Alternative Hubs Weighed Due to UK Tax Changes
10/04/2024
Navigating Jersey’s new guidance on real world assets
Along with an update to the JFSC’s guidance note for initial coin/token offerings, these changes are a meaningful step forward in Jersey’s regulatory approach to virtual assets and tokens.
10/03/2024
UBS Fails with Appeals in Court Proceedings
The court also denied the request for suspension.
10/01/2024
Holland & Knight Represents Nomura on a Private Placement of the Colombian Peso Equivalent of $50 Million for Payroll Lending in Colombia
Borrowers receive these loans – known as libranzas – through their employers and make repayments via payroll deductions.
09/26/2024
New regime, new taxes?
From the magazine: with Labour now in charge, the experts in the 2024 Spear’s Tax Survey are preparing themselves – and their clients – for change
09/26/2024
Where are Europe's top tax havens - and how are they luring in the rich?
In other words, a low-tax jurisdiction for one person may not be a tax haven for another.
09/25/2024
FCA cracks down on £1.2m Coutts private bank fraudster
Francis Buckman, alongside others, attempted to steal more than £2.3m
09/25/2024
The best tax, structuring and offshore experts 2024
The definitive Spear's guide for high-net-worth individuals
09/25/2024
The best contentious trust lawyers in 2024
Welcome to the Spear's guide to finding the best contentious trust lawyers in 2024
09/23/2024
Close Brothers sells wealth management unit to Oaktree for £200m amid motor finance probe
Close Brothers has agreed to sell its wealth management unit to Oaktree in a £200mn deal as it seeks to strengthen its capital position ahead of a regulatory investigation into motor finance practices
09/20/2024
Federal Reserve issues FOMC statement
The economic outlook is uncertain, and the Committee is attentive to the risks to both sides of its dual mandate.
09/20/2024
Britain's ultra-wealthy are threatening to exit en masse ahead of proposed tax changes
They're just a few of the destinations trying to lure away the U.K.'s uber wealthy ahead of proposed changes to the country's divisive non-dom tax regime.