Managers of Wealth

Global family business report: COVID-19 edition

How are family businesses triumphing over COVID-19?

Shedding Light on Big Secrets in Tiny Luxembourg

At least 266 members of the Forbes billionaire list — none of whom are locals — have companies there.

Expose corrupt who hid wealth in tax havens

It is now time for government to unmask the corrupt and publicly reveal who actually benefits from every company registered in their jurisdictions.

Denmark Tax Agency Clarifies Tax Residence Under DTA With Switzerland

The taxpayer inquired as to whether she could be considered a Swiss tax resident under the 1973 DTA with Switzerland.

CS Victims Laud Fraud Report Findings And Demand Credit Suisse Return Client Funds

Irregularities included not providing information to clients, executing transactions without client confirmation and ignoring internal controls.

Carey Olsen confirmed as leading offshore law firm to LSE listed clients for 15th consecutive year

The firm's total of 91 LSE clients is more than double the number of clients advised by the next nearest offshore law firm.

Warrant served on UK law firm over alleged 1MDB assets

US says $330m held in Clyde & Co escrow account in London is linked to Malaysian fraud scandal

A Key Player in Malaysia's Biggest-Ever Corruption Scandal Found Sanctuary in Cyprus With Help From a Major London Firm

To solve these problems, Low turned to the sunny eastern Mediterranean island of Cyprus

FCA hit by 80,000 malicious emails every month

This news arrives less than a year after the FCA was criticised for accidentally revealing personal information of about 1,600 people in February 2020.

Ireland Update: Strategy on Remote Working Strives to Keep Up

The Remote Working Strategy confirms the Government’s intention to legislate for employees to have a right to request remote working.

Agreement reached for Greater Bay Area wealth management system pilot phase

This plan intends to reduce cross-boundary restrictions for nearly 70 million residents in the Bay Area cities to access wealth products

FCA report outlines practices firms can consider to reduce failed technology changes

Financial services technology is constantly updated, but when firms implement changes they don’t always go to plan.

UK directors face new liability demands under major audit reform

Far-reaching overhaul of corporate governance set to be unveiled in long-awaited white paper

HMRC awards Open Banking contract to Ecospend

Under the new systems, payments will be sent directly from a payer’s bank account, using validated HMRC details to address the problems with fat finger errors.

Indosuez Wealth Management: «Banning Short Selling Would Be a Bad Idea»

Despite diminishing impact from the Reddit rally, regulators worldwide are actively reviewing the situation and Indosuez believes that there is a possibility for a change in rules though it does not foresee or support an outright ban on short selling.

Legal,Regulation,Tax & Compliance