Legal Archives - Page 55 of 212 - Managers of Wealth

Crypto «Wunderkind» in Severe Breach of Swiss Regulations

May 17, 2023

Finma sanctions the Dornhii Foundation and its founder Dadvan Yousef. The accusations against the once-idolized young crypto entrepreneur are many. The list of sins against the Dornhii Foundation and its founder Dadvan Yousef published by the Swiss financial regulatory Finma on Wednesday is long. The foundation, which sold digital tokens to private individuals, had […]

Legal

EU Weighs Easing Burden for Banks Dealing With Wealthy Clients

May 16, 2023

The European Union’s executive arm is planning to propose making it easier for banks to advise affluent clients as part of a sweeping overhaul of investment rules in the bloc. A draft document obtained by Bloomberg would reduce the criteria for being classified as a professional investor to having wealth of €250,000 ($271,890), down […]

Legal

Corfinancial implements CSDR compliance software at Man group

May 15, 2023

With CSDR, it is important to have failed trade monitoring and cash penalties in the same solution.

Legal

Is now a sensible time to introduce a wealth tax in the UK?

May 5, 2023

Tax policy should have the effect of maximising the tax take while minimising the damage to the tax base

Legal

Swiss court registers 150 lawsuits against FINMA over Credit Suisse AT1 wipe-out

May 5, 2023

Between 2000 and 2500 appellants

Legal

Asia’s Credit Suisse’s AT1 Holders File Lawsuit

May 4, 2023

The news agency indicated that the legal claim was filed in Switzerland on Wednesday, 3 May 2023, citing Mahesh Rai, a Singapore-based lawyer for Drew & Napier LLC.

Legal

Key regulatory considerations in wealth management M&A

May 2, 2023

In this series of articles, we look at a variety of aspects in M&A transactions which can affect value, for buyer or seller, and propose ways of addressing these in the commercial terms to enhance value.

Legal

Luxury property hit by tax hikes for foreigners

April 28, 2023

The Singapore government's decision to double stamp duties for foreigners could slow down purchases of luxury homes and affect the city-state’s competitiveness as an investment hub.

Legal

Time to lock in yields as central banks near end of hiking path

April 27, 2023

The European Central Bank is also likely to push borrowing costs higher at its policy meeting next week.

Legal

Finma: Important Lessons to be Learned from Credit Suisse

April 26, 2023

Each year, the systemically important banks in Switzerland have to submit plans on how they can stabilize themselves in the event of a crisis.

Legal

FCA restricts wealth management firm over client money concerns

April 24, 2023

It also noted that the firm failed to obtain appropriate acknowledgment letters for client bank accounts where client money is held.

Legal

Subprime Debacle Catches up With Credit Suisse in Court

April 21, 2023

The suit was brought by Loreley Financing, a subsidiary of German bank IKB, which alleges Credit Suisse misled it with false statements in a $100 million investment in 2007.

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