CS espionage legacy keeps UBS lawyers busy
This sentence alone makes it clear what a confusing legal legacy the UBS lawyers have to deal with.
Legal
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FINMA warns of new wave of phishing emails
The senders of the emails claim to be FINMA employees. FINMA does not send such emails and does not contact private individuals as a matter of principle.
Taxpayers can’t pay for ‘misconduct of banks’ – Swiss finance minister
The government earlier this year laid out plans for tougher capital requirements for UBS and Switzerland’s three other big banks in a bid to make the financial sector more robust after the crash of Credit Suisse.
SFC unveils first batch of brokers joining Wealth Management Connect Pilot Scheme
The SFC will continue to work with stakeholders to further enhance and expand the WMC scheme
FCA prepares to take action over Crispin Odey’s ‘lack of integrity’
The FCA issued a notice that Odey’s behaviour towards the firm he founded Odey Asset Management and the regulator ‘lacked candour’.
A new fiscal landscape: how Labour’s budget impacts wealthy taxpayers
The government’s Budget measures are predicted by the independent Office for Budget Responsibility to generate nearly £40 billion ($52 billion) in additional revenue in the 2025/26 tax year.
Search for lower taxes spike from wealthy ahead of UK Budget
Rachel Reeves, Chancellor of the Exchequer, outlined her Budget today which may contain various tax rises for UK residents which Canaccord say has been causing concern for their wealthy clients.
What does the Budget 2024 mean for the wealthiest UK taxpayers?
As the dust settles on the Budget 2024, advisers from the Spear’s network give their insights into the impact the government's tax policies will have on Britain's HNWs and entrepreneurs
Octopus breathes sigh of relief as £4.5bn saved from IHT selloff
The asset manager’s large IHT portfolios were not overly punished in the Budget despite the tax relief available on its AIM portfolios being halved from 2026.
Exit tax would not stop flight of wealthy
With the Budget set to hit wealth creators, high net worth individuals and non doms, there are concerns the Chancellor could be eyeing up an exit tax
PIMFA welcomes 600 professionals at launch of customer vulnerability guide
The event began with welcome remarks from Paul Geddes