02/18/2025
Confidence in economy among wealthy Britons falls to record low with inheritance tax a major concern
Among the wealthy, confidence in the economy has fallen to 48 per cent, down from 84 per cent just six months ago.
Legal,Regulation,Tax & Compliance
02/14/2025
Mishcon de Reya's Private Client lawyers ranked in ALM Private Client Directory 2025
The directory features the top 250 individuals chosen by their own peers within the private wealth industry.
02/13/2025
Bedell Cristin Advises on Sale of Advisa Wealth
Advisa’s trusted brand and financial planning expertise is expected to complement Titan Wealth’s existing services.
02/10/2025
MAS Tightens Family Office Supervision
Last summer, finews.asia commented on how the scandal involved six family offices receiving official tax benefits, saying it would result in sustained and prolonged regulatory scrutiny.
02/06/2025
Unforeseen consequences: How far reaching will US tariffs be?
Experts at SJP explore the potential long-term ramifications of the latest in protectionist measures.
02/03/2025
PIMFA calls for an ambitious and assertive approach in modernising the redress system
The trade association urges the FCA to reconsider the role of FOS, and explore consolidating the regulatory regime for CMCs
01/30/2025
New Code of Conduct makes ABN AMRO’s procurement policy more sustainable
The bank’s new Supplier Code of Conduct now sets out clearer expectations for companies working with ABN AMRO.
01/24/2025
UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says
The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed.
01/22/2025
Quilter proposes flat-rate solution to IHT on pensions consultation to prevent payment delays for grieving families
Under this approach, any unused pension funds would be taxed at a clear, fixed rate once their total exceeded a nil rate band that applies across all the members schemes.
01/20/2025
Claire Trott: Navigating annuities and inheritance tax
While this will work for some, there are a good number of considerations to take into account when thinking about this option.
01/09/2025
AT1 lawsuit: US lawyers increase pressure on Switzerland
The complaint was supplemented with additional plaintiffs and with information from the PUK report.
01/08/2025
U.S. Transfers $50M in Forfeited Assets to the Republic of Estonia in Recognition of Assistance in the Danske Bank Prosecution and Forfeiture
Estonia’s pledge to use the funds to combat financial crime, enhance asset recovery, and facilitate international cooperation reflects both countries’ commitment to invest in our vital law enforcement relationship to tackle complex cross-borde
01/06/2025
AFSL deficiencies identified at Sanlam Private Wealth
It offers portfolio services, funds management, wealth advisory and corporate finance.
12/27/2024
Bahamas' strong financial services laws, products highlighted at STEP Asia
“STEP Asia was a highlight to end the last quarter of 2024,” said Lawrence.
12/23/2024
UBS' Reaction to PUK Report
The report confirms UBS's own opinion that the collapse of CS was the result of years of strategic missteps, mismanagement, and reliance on substantial regulatory concessions.
12/23/2024
M&G sues Royal London over £86m Ascentric purchase
Asset manager looks for at least £27m in damages on back of investments in high-risk bonds.
12/20/2024
Federal Council issues opinion on report of Parliamentary Investigation Committee concerning Credit Suisse
In its report for the attention of the Federal Assembly, the Federal Council sets out its position on the PInC's recommendations, motions and postulates.
12/20/2024
FCA regulated? Keep these regulatory themes top of mind for 2025
We’ve been reflecting on the big regulatory changes we’ve seen in the UK this year and how they impact what we all need to be thinking about as we move into the new year.
12/19/2024
Jeff Bezos saved around $1 billion in taxes by moving to a ‘billionaire bunker’ in Florida
Since his move in early 2024, Bezos has sold an estimated $13.6 billion worth of Amazon stock, according to Forbes.
12/18/2024
New International Inheritance Law Boosts Swiss Financial Center
While this arrangement may seem straightforward, it often posed challenges in complex cases.