Managers of Wealth

The Bahamas Removed From The European Union’s List Of Non-Cooperative Jurisdictions For Tax Purposes

The removal of The Bahamas from the EU’s list clearly underscores the significant progress made over the past year

Revealed: The 36% boom in Swiss-domiciled funds

While Luxembourg-based funds have won the preference of most European countries, Switzerland has diverged.

UBS's response to the lawsuit delivered to our law firm

This comprises almost 150 pages plus extensive appendices.

Credit Suisse officials, KPMG beat US lawsuit over bank's demise

KPMG was accused of "active complicity," with its New York offices being "all but part of" Credit Suisse's nearby offices, before PricewaterhouseCoopers became the bank's auditor in 2020.

Will Hunt move on income tax or National Insurance, inheritance tax or stamp duty?

Changes to stamp duty land tax relief are still due to be reversed from 31 March 2025, and pressure on the Government to make the changes permanent has grown.

Close Brothers halts dividends amid 'uncertainty' over FCA motor finance review

Potential reinstatement in 2025

Alternative fund managers face a growing threat from money laundering risks

Alternative fund managers are looking at other ways in which they can improve their AML defences in a cost-effective way

Changes to FCA rules: Navigating Financial Promotions in 2024

Effective from 7th February 2024

Comco report on the CS takeover takes a victory lap

This has now apparently resulted in delays in publication.

Former asset manager of Prince Albert of Monaco reveals internal affairs

According to media reports, other people close to the royal family also wanted to use their assets to finance apartments and other purchases.

Reform UK accepted donations from Crispin Odey despite sexual assault allegations

Disgraced financier gave the rightwing party £10,000 after investigation was published

'Pimfa: We strongly support the FCA's working group on sustainability rules'

This regime hopes to play a key role in increasing consumer trust in the market for sustainable investments.

European bank recovery stumbles as BNP Paribas and ING dim outlook

"From that point of view, 2024 won't be very favourable for us," Bonnafe told reporters.

FINMA provides information about the status of the approval process and supervision of asset managers

It also provides information about the new approach to the thresholds for the commercial activity of trustees.

Investigators are searching the DWS again

Uninvited visit – once again. The Frankfurt public prosecutor's office appears at the asset manager's premises for the third time because of the greenwashing scandal.

IHT top concern for wealthy Brits in 2024

The research also found 30 per cent of women have hesitated to apply for wealth management products due to a lack of understanding, compared with only 10 per cent of men.

10 key regulatory issues facing wealth management this year

The report includes predictions "based solely on the author's 35 years of experience involving policy issues

Family law firms AFP and BloomBudd announce surprise ‘super-boutique’ merger

Two years after launching her own partnership, Zoë Bloom is teaming up with one of London’s most prominent boutiques – in a ‘highly unusual’ move that will see the collision of big personalities in UHNW family law

'Breach of trust': New controversy rocks Monaco royals as former wealth manager claims tax fraud

The new controversy erupted after French newspaper Le Monde last week published the allegations

Less than 1% of Capital Gains Tax paid through HMRC’s Real Time Service

HMRC’s Real Time Service was introduced in 2017 and is accessed by logging in to your personal tax account and entering information when prompted.

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