Managers of Wealth

UBS Group Stock Climbs 1.2% as Swiss Regulators Weigh Capital Relief

The proposal is seen as an effort to strengthen the Swiss banking system, while addressing concerns about UBS’s competitiveness and capital flexibility.

Withers advises Industrie De Nora S.p.A. on the acquisition of BW Water

This transaction reflects the continued investment and confidence in the water treatment and sustainability sector, and further demonstrates Withers' track record and capability in advising clients on complex cross-border M&A transactions.'

Swiss lawmakers consider fresh compromise for UBS capital rules, sources say

Under new proposals, four people familiar with the discussions said UBS would ⁠need to back its foreign subsidiaries with around 70% or 80% of CET1 capital, instead of the government's requirement of 100%.

Hidden Debts: Swiss Government Appeals Ruling Favoring Former Credit Suisse Executive

The case is part of the broader international legal process linked to Mozambique’s hidden debts scandal

Wealth taxes ‘almost inevitable’ because of AI

Soaring gains from tech shares will fuel political demand for levies on capital

Guernsey shares its approach to robust company formation and transparency

This includes journalists and non-governmental organisations that have a specific role in fighting financial crime.

FINMA publishes Guidance on the risks associated with the use of products in individual portfolio management

The Guidance recalls the rules that institutions must follow when products are used in individual portfolio management.

FINMA concludes proceedings against Wendelspiess Partners AG and imposes long-term industry bans

At the same time, there were indications of shortcomings in the client service provided by Wendelspiess Partners AG, specifically in relation to risk disclosure and suitability checks, as well as in the handling of conflicts of interest.

When Federal Tax Breaks Stop at the State Line

The expansion of qualified small business stock is a prime example.

Hold and review: An approach for investments and tax

Circumstances may change and regular review is crucial, but the aim is to accrue value over time.

Charity Commission issues updated guidance on conflicts of interest

The Commission has warned that trustees often struggle to recognise conflicts. Consequently, the guidance has been updated to make it more accessible and easier to use – it is now shorter, with a greater focus on scenarios and examples.

Utmost warns UTT extension could fuel further exodus of wealthy individuals

The Uncertain Tax Treatment rules were first introduced in 2022 to close the tax gap

Billionaires pour millions into ballot fight over California wealth tax

Silicon Valley money, union-backed tax and dueling November measures

Frozen thresholds drive millions into higher tax bands | Additional rate taxpayers rocket 57%

“HMRC data reveals how the powerful tide of fiscal drag is increasing the UK tax burden by sweeping millions into higher tax brackets, and into paying tax for the first time"

Citi changes referral pay for bankers and wealth advisers

In the memo, the bank said it was introducing “partnership awards” across its banking and wealth management operations to reward “meaningful cross-business collaboration”.

UK man agrees to plead guilty in ‘Singapore Solution’ tax evasion case, say US prosecutors

Roderic Sage has been ordered to be extradited from the UK and will appear late next week in Manhattan federal court, prosecutors told a judge in a letter on Thursday (Apr 30).

Netherlands’ Plan for Tax on Wealth Sparks Fierce Opposition

An investment tax has been unpopular with wealthy people in the Netherlands for years, but critics say a planned revamp is even worse.

Close Brothers also declines to challenge car finance redress

The regulator confirmed last month that firms are expected to pay out compensation totalling around GBP7.5 billion, down from a previous estimate of GBP8.2 billion, with the total bill rising to GBP9.1 billion when including the cost of running the scheme

Will California’s billionaire tax bombshell send the ultra-rich running?

Signature drive advances amid debate over taxing extreme fortunes in richest US state.

FINMA Annual Media Conference 2026

In its review, FINMA demonstrated how it protected the clients of the Swiss financial center during the reporting year.

Legal,Regulation,Tax & Compliance